CDN Maverick Announces Board Change
FOR IMMEDIATE RELEASE
CDN MAVERICK ANNOUNCES BOARD CHANGE
Vancouver, British Columbia – February 13, 2024 – CDN Maverick Capital Corp. (“Maver- ick” or the “Company”) (CSE: CDN; OTCPINK:AXVEF; Frankfurt: A117RU announces changes to its Board of Directors with the appointment of Cyrus Driver as director.
Mr. Driver is a chartered accountant with over 40 years of experience. He was a founding partner of the firm Driver Anderson in 1982 and is a retired partner in the firm of Davidson and Company LLP. Cyrus’ wide knowledge of the securities industry and its rules have enabled him to give valuable advice to clients with respect to finance, taxation, and other accounting related matters.
Sandy MacDougall comments: “In today's swiftly changing market, CDN Maverick remains at the vanguard, keenly analyzing trends and commodity prices to guide our strategic direction. We're deeply engaged in evaluating the Poncheville Lithium Prospects alongside other promising opportunities in the critical minerals’ domain, aiming to both broaden and diversify our project portfolio. Amidst these endeavors, we're thrilled to welcome Cyrus Driver as our new director.”
Cyrus currently serves as chief financial officer of CDN Maverick. The appointment of Mr. Driver follows the resignation of Adam Cegielski as director.
About CDN Maverick Capital Corp.:
CDN Maverick Capital Corp. is a diversified exploration Company, with a core focus on critical minerals in North and South America.
Electric Avenue Ontario: Northwind Lake Lithium Property
7,040 hectares in the “Electric Avenue”, an emerging lithium pegmatite exploration camp in the Red Lake area of Ontario, near to Frontier Lithium’s PAK Lithium Project.
Jame Bay Quebec: Poncheville Lithium Project
Lithium pegmatite prospect spanning nearly 40,000 hectares across the Poncheville and Chabinoche properties
Rainbow Canyon Nevada:
The Company also owns the Rainbow Canyon Gold Project in Nevada
Investments
1. Holds 1,044,385 shares of NOAL Lithium Brines Inc., a lithium company actively working in the Lithium Triangle and drilling it’s maiden resource in the area.
2. Holds over 1.6M shares in Noram Lithium Corp.; a lithium clay sands exploration and development Issuer located in Clayton Valley Nevada with a significant lithium resource known as the Zeus project. Noram is working towards a Prefeasibility Study.
As part of its ongoing efforts, CDN is actively expanding its critical minerals portfolio across the Americas, with a firm commitment to sustainable and ESG-friendly investing and exploration.
ON BEHALF OF THE BOARD OF DIRECTORS
Sandy MacDougall Founder, Chairman, and Director [email protected] C: 778.999.2159
Simon Studer President, Interim CEO, and Director [email protected] Phone: +41-44-485-2484
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This news 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 of the Company. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from 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 expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstance or management’s estimates or opinions change.
Neither the Canadian Securities Exchange (“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.