VANCOUVER, BC / ACCESSWIRE / June 3, 2019 / Primary Energy Metals Inc (CSE: Prim FSE: 1WZ:GR OTC: PEMTD-0) ("Primary" or the "Company") the Company is pleased to announce that Joel Shacker has been appointed as CEO and President replacing Patrick Morris who will remain as a director of the company. In related news the company has appointed Szascha Lim as Chief Financial Officer of the Company following the resignation of Geoff Balderson.
Mr. Shacker has worked extensively in the cannabis and finance space over the past six years and sat on the board of directors for the publicly trading cannabis lifestyle company Weekend Unlimited Inc. He has been in charge of leading the expansion into international cannabis markets and has overseen and developed operations from the ground up. He entered the cannabis space by founding a cannabis extraction company which specialized in licensing proprietary formulas to producers. Mr. Shacker holds an Honors Business Administration degree from Ivey Business School specializing in finance and has also served as Chief Operating Officer of CanPac Investment Corp and as an Associate at Stadnyk and Partners. Ms. Lim has been working with public companies in an accounting capacity for several years.
The board thanks Patrick for his contributions to the Company in his capacity as CEO and President and his continued support as a director. The Company would also like to thank Mr. Balderson for his support and contribution to Primary Energy Metals Inc. and wish him well in his future endevours.
About Primary Energy Metals Inc.
PRIMARY ENERGY METALS INC. (CSE: Prim FSE: 1WZ:GR OTC: PEMTD-0) is a listed company of the Canadian Stock Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS
CEO and President
Telephone: +1 778-735-1000
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward- looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co- operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, 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 Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
SOURCE: Primary Energy Metals Inc.
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