Lucky Minerals Appoints New President & CEO and CFO
LUCKY MINERALS APPOINTS NEW PRESIDENT & CEO AND CFO
Vancouver, BC May 7, 2019, Lucky Minerals Inc. (TSX.V: LKY) (OTCPK: LKMNF) (FRA: LKY) (“Lucky” or the "Company") announces the resignation of John Mears as President, CEO and Director of the Company, effective immediately. In a letter to the Board of Directors, Mr. Mears stated that his resignation came about as a result of personal and family matters that require a larger time commitment on his part, and that he felt it would be unfair to the Company to continue on as CEO and Director at this time.
Lucky’s Chairman, Joao Carrelo, stated that “While it saddens the Board to accept John’s resignation, we understand his need to focus on the health and well being of his family. We very much appreciate John’s contribution to Lucky Minerals.
The Company also wishes to announce that Robert Rosner, CFO, Executive Vice President and Director, has been appointed to take Mr. Mears’ place as President & CEO effective immediately, and that he has resigned as CFO and Executive VP. He is being replaced in the capacity of CFO by Sebastian Tang, CPA. Mr. Tang has been Involved in the accounting and preparation of the Company’s financial statements for the past year and is well acquainted with Lucky and its projects. Additionally, Mr. Tang has significant experience in the financial management and planning of publicly listed issuers in the mining industry, and has held executive positions, including CFO and Corporate Controller, in other public and private ventures.
About Lucky
An exploration and development company targeting large-scale mineral systems in proven districts with the potential to host world class deposits.
The Fortuna Project
Lucky Minerals holds a 100% interest in Fortuna, a 550 km2 property in the heart of a proven and highly mineralized mineral district in Ecuador but which has seen only limited exploration and has never been drilled.
Evidence of significant hydrothermal alteration, stockwork, breccias, geochemical anomalies and placer mining supports potential for Cu/Au porphyry systems and epithermal Au deposits similar to numerous multi-million-ounce Au and bulk tonnage Cu deposits ~40km away.
For further information, please consult Lucky’s website or contact: Tel: 866 924- 6484, [email protected] www.luckyminerals.com.
ON BEHALF OF THE BOARD
Joao Carrelo
Chairman of the Board
Further information regarding the Company can be found on SEDAR at www.SEDAR.com.
This news release may contain forward–looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Particular risks applicable to this press release include risks associated with planned exploration, including the ability of the company to achieve its targeted exploration outline due to regulatory, technical or economic factors. In addition, there are risks associated with exploration activities, and there is no guarantee that additional exploration work will result in a significant discovery or indication of any mineralization that could potentially lead to the delineation of any sort of resource whatsoever. Such risks and uncertainties include those described in the Company’s periodic reports including the annual report or in the filings made by the Company from time to time with securities regulatory authorities.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
We seek safe harbor.