TSX: CLQ; U.S. OTCQX: CLQMF
TORONTO, March 20, 2012 /CNW/ - Canada Lithium Corp. (TSX: CLQ) (OTCQX: CLQMF) is pleased to announce the appointment of Stéphane Bertrand, a former Chief of Staff to the Premier and Cabinet of Québec.
"It is my pleasure to welcome Mr. Bertrand to our Board of Directors," said Canada Lithium President and CEO Peter Secker. "His extensive experience at senior levels in both the public and private sectors will prove a valuable asset to our Board."
As senior adviser and Chief of Staff for the Premier of Québec, Mr. Bertrand coordinated the government's activities for more than four years and was directly involved in formulating government policies.
He supervised a staff of 50 on the Executive Council, in addition to coordinating the activities of the government's 25 Chiefs of Staff and Deputy Ministers on a daily basis. Mr. Bertrand was also Director of Research and Communications and subsequently Executive Director of the Québec Liberal Party.
In the private sector, Mr. Bertrand previously held the positions of Director, and subsequently Vice-President, Communications, Public and Government Affairs for Gaz Métro Limited Partnership. As part of his duties, he was a member of the company's Board of Directors and also served as Chair of the Standing Committee on Public Affairs of the Canadian Gas Association.
Since 2007, he has carried out various mandates within the energy sector, specifically natural gas, wind power and small hydroelectric power plants. He has also acted as consultant in negotiations for electric energy supply. In 2010-2011 he chaired the Energy Committee of the Plan Nord (Québec Government's policy).
Mr. Bertrand holds a Master's Degree in Economics from Université de Montréal.
About Canada Lithium Corp.
The Company holds a 100% interest in the Québec Lithium Project near Val d'Or, the geographical heart of the Québec mining industry. The Company is in the midst of building an open-pit mine and processing plant on-site with capacity to produce approximately 20,000 tonnes of battery-grade lithium carbonate. Metallurgical tests have produced battery-grade lithium carbonate samples. The Company trades under the symbol CLQ on the TSX and on the U.S. OTCQX under the symbol CLQMF.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is based on reasonable assumptions that have been made by the Corporation as at the date of such information and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Corporation to be materially different from those expressed or implied by such forward-looking information.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Corporation does not undertake to update any forward-looking information referenced herein, except in accordance with applicable securities laws.
For further information:
Peter Secker, President and CEO (416) 361-2821
Olav Svela, Director, Investor Relations (416) 361-2821 or (416) 479-4355 or email [email protected]
Christine Stewart, Renmark Financial Communications Inc. (416) 644-2020 or email [email protected]
Please visit the Canada Lithium website at www.canadalithium.com.