VANCOUVER, May 4 /CNW/ - EMC Metals Corp. (TSX:EMC) (the "Company") is pleased to announce the appointment of Mr. George Putnam as Chief Executive Officer & President.
"I am delighted that Mr. Putnam is joining EMC," stated Chairman William B. Harris. "His extensive and varied business background adds great strength to our team at this critical point in the Company's development."
Mr. George Putnam, MBA (Finance)
Mr. Putnam has extensive mining industry experience, having worked for over 20 years for BHP (now BHP-Billiton) and GE/Utah International. While at BHP, he held division Chief Financial Officer roles in the petroleum refining business, with annual revenues of US$1.1B, and in BHP Manganese, a mining, alloy smelting and refining business located in Australia with revenues of US$350M. His previous experience includes acquisition and divestiture work for both BHP and other clients, associated bank financings, and the negotiation and management of strategic alliances involving long-term product sales contracts.
Mr. Putnam is the former CFO for QGX Ltd., a TSX-listed exploration company sold in September 2008 to Kerry Holdings Ltd. of Hong Kong for C$259M. While at QGX, he played key roles in the development and valuation of QGX's mineral properties, and in supporting the corporate sale. Mr. Putnam also currently serves on the Advisory Board of Hana Mining Ltd. (TSX.V Ticker: HMG), a Canadian explorer actively developing a sediment-host copper-silver property in Africa.
Mr. Putnam has an Economics degree from Gettysburg College and a Masters in Business Administration from Duke University.
Mr. Putnam replaces Mr. William M. Sheriff who has been Acting President during the selection process. Mr. Sheriff will continue to serve the Company on the Board of Directors.
About EMC Metals
EMC Metals is focused on sustainable growth through the development and application of technology for specialty and exotic metals. Through successful business developments, EMC intends to utilize its patented technologies to further its efforts in maximizing opportunities in a number of specialty metals including the Nyngan Scandium Joint Venture with Jervois Mining Ltd. of Melbourne, Australia while also planning for future opportunities from its Carlin Vanadium Project, Fostung Tungsten Project and Springer Tungsten Facility.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and EMC's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, EMC assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.
SOURCE EMC METALS CORP.
For further information: For further information: EMC Metals Corp., Investor Relations: (604) 648-4653