Post-Merger Integration and Organization Update from Western Lithium

Western Lithium USA Corporation (TSX:WLC)(OTCQX:WLCDF) has issued a press release with an update on the company’s organization and integration following its recent merger with Lithium Americas Corp.
According to the press release:

After a comprehensive review of the newly combined businesses, the Board of Directors has announced a restructuring of the senior management team aimed at accelerating development of the Company’s large lithium resources in Argentina and the U.S. to support the rising global demand of lithium-ion battery storage applications for growth markets such as electric/hybrid vehicles and renewable energy.
Thomas Hodgson, with more than 30 years of senior executive experience and a director of Western Lithium, will lead the team as the Company’s new CEO. John Kanellitsas, an experienced business executive and former CEO of Lithium Americas has been appointed Vice Chairman. Jay Chmelauskas will remain as President of Western Lithium, and Franco Mignacco will continue as President of the Argentina-based subsidiary Minera Exar S.A., which controls the Company’s Cauchari-Olaroz brine project. The changes are effective immediately.
Newly-appointed CEO Tom Hodgson commented: “Jay was the architect of the merger and we will continue to rely on his passion, energy and vision as a key member of our senior team. Over the past seven years Jay has driven the development of the massive lithium-rich, clay-based resource in Kings Valley, Nevada, a US state which is rapidly becoming a major manufacturing location for lithium-ion batteries and energy storage technologies. The Demonstration Plant in Weimar, Germany, for the Kings Valley project is currently running lithium and potassium production campaigns that are expected to result in the final design criteria required to initiate Environmental Impact Statement (“EIS”) permitting and a Definitive Feasibility Study. In addition to the lithium project, the Nevada-based Hectatone business is developing several new rheology products to target growth markets outside of the energy industry. Jay will continue to focus his efforts on managing these important efforts in Nevada.”
Mr. Hodgson added: “I am also delighted with John Kanellitsas’ appointment as Vice Chairman. John’s efforts at developing our relationships with Korea-based POSCO and other potential strategic partners will be particularly helpful as we advance towards commercialization of our Cauchari project. John, Franco and I worked very closely and very effectively together at Lithium Americas, and we will continue to do that at Western Lithium alongside Jay and the rest of the very talented team throughout the Western Lithium organization.”

Click here to read the full press release.