Primary Energy Metals Announces Appointment Of Zachary T. Stadnyk And Dr. Sam Mithani To The Board Of Directors

- April 29th, 2019

Primary Energy Metals Corp. (CSE:PRIM) (“Primary” or the “Company”) is please to announce the the appointment of Zachary T. Stadnyk and Dr. Sam Mithani to the board of directors. Mr. Thomas Clarke PGeo. has resigned from the board effective immediately.

Primary Energy Metals Corp. (CSE:PRIM) (“Primary” or the “Company”) is please to announce the the appointment of Zachary T. Stadnyk and Dr. Sam Mithani to the board of directors. Mr. Thomas Clarke PGeo. has resigned from the board effective immediately.

Patrick Morris CEO said. “On behalf of the board of directors, I would like to thank Tom for all his contributions and support for the company and wish him well in his future endeavours. I would also like to welcome Zach and Sam to the team and look forward to their input towards creating value for our shareholders in 2019 and beyond”.

Zachary T. Stadnyk is a corporate finance and advisory professional. Mr. Stadnyk is currently the CEO and director of DC Acquisition Corp., a Capital Pool Company listed on the TSXV currently undergoing a qualifying transaction in the technology sector. Mr. Stadnyk is a partner of the venture capital and advisory firm Stadnyk and Partners. He was previously the investor relations and corporate finance for FV Pharma (now FSD Pharma), a publicly traded company on the CSE. Prior to that, he was serving as the corporate finance for The Supreme Cannabis Company Inc., a publicly traded company currently listed on the TSX, which is engaged in the production and sale of medical and recreational cannabis. Mr. Stadnyk has held various senior positions in both private and public companies, most notably in the commercial cannabis sector. In addition, Mr. Stadnyk previously served on the advisory board of Friday Night Inc. (now 1933 industries), a publicly traded company on the CSE. Mr. Stadnyk specializes in corporate finance and going-public transactions and holds a B.Comm in entrepreneurial management.

Dr. Sam Mithani graduated from the University of Waterloo with a Ph.D. in Organic Chemistry and entered the pharmaceutical industry. Over the next eleven years he took on successively senior roles, including VP, Technical Services in the Fine Chemical Division at Apotex Inc., gaining experience leading a large multi-disciplinary, multisite team in a regulated environment, encompassing analytical services, quality control, instrument integration and validation, IT/IS infrastructure, security systems, as well as enterprise software engineering. Dr. Mithani left Apotex to follow his passion for Mac and iOS development at Indusblue where he took a leading role in the development of a number of award-winning IOS apps. Over the next two years, Dr. Mithani led Freshbooks’ Android initiative and Triggerfox’s iOS team, prior to their acquisition by Influitive. More recently, as the CTO of a new startup with partners from Indusblue, he established a SaaS magazine platform and contract development services, specializing in Xamarin, Android and iOS development. Dr. Mithani is currently leading the Technology development at Eyecarrot Innovations as CTO, and Director. He has successfully developed the Binovi Platform which leverages hardware, software, and machine learning to drive human vision performance.

About Primary Energy Metals Inc.

Primary Energy Metals Inc. is a junior listed company on the Canadian Securities Exchange.


/s/ Patrick Morris

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.


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