Dundee Sustainable Technologies Inc. Announces Appointment to the Board of Directors and Grant of Options
May 02 2018 - 7:48AM
Dundee Sustainable Technologies Inc. (CSE:DST) is pleased to
announce the appointment of Mr. John Lindsay P.Eng., to the Board
of Directors. Mr. Lindsay brings significant technical and
metallurgical experience to the Board.
John Lindsay is a Professional Engineer with
over 30 years of experience in mining and holds a Bachelor of
Science in Metallurgy from Strathclyde University in Glasgow,
Scotland. Mr. Lindsay has been the Senior Vice President of
Dundee Precious Metals, Projects since 2014.
Previously, he was Vice-President, Capital Projects Execution with
Barrick Gold Corp. Mr. Lindsay has held a variety of senior
roles with SNC Lavalin Group Inc., AMEC Americas Limited and De
Beers Consolidated Mines Ltd, where his accountabilities included
metallurgical design, operations management and oversight and
governance of major mining projects. He has served as an executive
committee member of the Canadian Institute of Mining and
Metallurgy, Toronto branch.
The Corporation also announces the grant of
500,000 stock options to a director. The options vest
immediately, expire in five years and are exercisable at $0.10 per
share.
About Dundee Sustainable Technologies, a
company controlled by Dundee Corporation
The Corporation is engaged in the development
and commercialization of environment-friendly technologies for the
treatment of materials in the mining industry. Through the
development of patented, proprietary processes, DST extracts
precious and base metals from mineralized material, concentrates
and tailings, while stabilizing contaminants such as arsenic, which
could not otherwise be extracted or stabilized with conventional
processes because of metallurgical issues or environmental
considerations.
DST has filed, published and was granted patents
for these processes in several countries.
FOR FURTHER INFORMATION PLEASE
CONTACT:
Brian HowlettPresident and CEODundee Sustainable
TechnologiesTel: (514) 866-6001 # 239Cell: (647)
227-3035info@dundeetechnologies.com
FORWARD LOOKING STATEMENTS: This press release
contains forward-looking statements that address future events and
conditions, which are subject to various risks and uncertainties.
Actual results could differ materially from those anticipated in
such forward-looking statements as a result of numerous factors,
some of which may be beyond the Corporation’s control. These
factors include: general market and industry conditions, risks
related to continuous operations and to commercialization of new
technologies and other risks disclosed in the Corporation's filings
with Canadian Securities Regulators.
Forward-looking statements are based on the
expectations and opinions of the Corporation's management on the
date the statements are made. The assumptions used in the
preparation of such statements, although considered reasonable at
the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward-looking statements.
The Corporation expressly disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result
of new information, future events or otherwise, except as required
by applicable law.
Neither the CSE nor its Regulation Services
Provider (as that term is defined in the policies of the CSE)
accepts responsibility for the adequacy or accuracy of this
release.
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