TORONTO, Jan. 24, 2017 /CNW/ - LeadFX Inc. (the "Company" or "LeadFX") (TSX: LFX) is pleased to announce the appointment of Michel Marier as a Director of the Company's Board of Directors, effective immediately. Mr. Marier is an investment manager with The Sentient Group Limited, an independent private equity investment firm which manages over US$2.7 billion in the global resources industry through the Sentient Global Resource Funds ("Sentient").
"We are delighted to welcome Michel as a Director of LeadFX," said Robert Metcalfe, Chairman of the Board of Directors. "Michel brings a wealth of knowledge to the Company as an investment manager for Sentient, the Company's majority shareholder. In addition, his experience overseeing strategic mining investments and his financial acumen will be key assets as we set our focus on a possible restart of the Paroo Station Mine."
Mr. Marier joined Sentient in 2009 as an investment manager. Prior to joining Sentient, Mr. Marier worked for several years in the Private Equity division of la Caisse de dépôt et placement du Québec. Mr. Marier is on the board of directors of 2 public companies and holds a Master's Degree in Finance from HEC Montreal and is also a CFA charterholder.
LeadFX is a Canadian-based mining company focused on the development of lead-silver projects located in stable jurisdictions. Our current portfolio includes a restart-ready lead operation in Western Australia and a development project in Utah, USA. The Company continues to seek opportunities at its new properties in North America to underpin future cash flow and growth. LeadFX trades under the symbol "LFX" on the Toronto Stock Exchange.
SOURCE LeadFX Inc.
For further information: LeadFX Inc.: Jessica Helm, VP, Corporate Communications and Investor Relations, Suite 3001, 1 Adelaide Street East, Toronto, Ontario M5C 2V9, (416) 867 9298, Email: firstname.lastname@example.org