Vincent Chen Joins Lancaster Resources Board of Directors, Bolstering Expertise in Corporate Development

Vincent Chen Joins Lancaster Resources Board of Directors, Bolstering Expertise in Corporate Development

Lancaster Resources Inc. (CSE:LCR) (OTCQB:LANRF) (FRA:6UF0) (" Lancaster ") a leader in critical mineral exploration, is pleased to announce the appointment of Mr. Vincent Chen, CPA, as an independent director to its Board of Directors, effective May 9, 2024.

Vincent brings a wealth of expertise and a robust background in accounting and corporate development within the mining sector. He began his distinguished career at PricewaterhouseCoopers in the mining assurance team in Toronto, where he earned his Chartered Professional Accountant designation. Following his tenure at PricewaterhouseCoopers, Vincent joined Yamana Gold Inc. (now Pan American Silver), serving as a Senior Analyst on the corporate reporting team.

Most recently, Vincent held the position of Senior Associate of Corporate Development and Investor Relations at Forbes & Manhattan, a prominent family office and merchant bank focused on the global mining and resource sector. He has continued to shape the industry landscape through his current role as a strategic consultant for various junior mining companies, including Emerita Resources Corp., Halcones Precious Metals Corp., and Lithium Ionic Corp.

Vincent is a proud alumnus of the Beedie School of Business at Simon Fraser University, where he graduated with Honours in Accounting.

"We are thrilled to welcome Vincent Chen to the Board," said Penny White, President & CEO of Lancaster Resources. "His experience and strategic insight into the mining industry will be invaluable as we continue to develop our lithium and gold assets. Vincent's leadership in corporate development and investor relations will undoubtedly contribute to our mission of elevating our standing in the gold and critical minerals sectors."

"I am very excited and proud to join the Board of Directors here at Lancaster," notes Vincent Chen. "It is impressive what the leadership team has accomplished in such a short period of time in New Mexico. I am focused on the opportunities ahead and committed to help navigate a successful path forward for our projects and shareholders. I am truly excited to work with the team here."

Vincent's appointment reflects Lancaster Resources' commitment to strengthening its leadership and strategic capabilities to enhance shareholder value and propel the company's growth in the mining industry.

About Lancaster Resources Inc.

Lancaster Resources (CSE:LCR | OTCQB:LANRF | FRA:6UF0) is engaged in exploring lithium, and other critical minerals. Its Alkali Flat Lithium Project, in Lordsburg, New Mexico, USA, spans ~5,200 acres and comprises 260 mineral placer claims which cover the heart of the Alkali Flats playa near Lordsburg, Mexico where Lancaster is exploring a below-surface lithium brine target. Lancaster's goal at Alkali Flat is to produce Net-Zero Lithium through the use of direct lithium extraction (DLE) technology and solar power. Lancaster is also collaborating to deploy advanced satellite hyperspectral acquisition, geospatial data aggregation, and AI-driven predictive modelling services exploration.

Lancaster's project portfolio includes 100% ownership of the Piney Lake Gold Property in Saskatchewan and rights to acquire 100% of the Trans-Taiga Lithium Property located within the James Bay lithium district of Quebec. Lancaster also holds a 100 percent interest in the Catley Lake and Centennial East Uranium projects in the Athabasca basin in Saskatchewan, Canada. Lancaster has also retained a minority interest in Nelson Lake Copper Corp., after a spin-off to Lancaster shareholders earlier this year. Guiding Lancaster's journey is a skilled management and technical team with collective involvement in over 40 gold discoveries and endowed with extensive experience in the creation of lithium brine targets and the exploration and development of exploration projects across Canada, the American West, Mexico, and South America.

Penny White, President & Chief Executive Officer, Lancaster Resources Inc.
penny@lancasterlithium.com
Tel: 604 923 6100

www.lancaster-resources.com

The Canadian Securities Exchange has not reviewed, approved nor disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events, or Lancaster's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Lancaster's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, the ability of Lancaster to execute its exploration plans, ability to enter into a long form agreement for the acquisition of the Trans Taiga Lithium Property, retain key personnel, identify, acquire, explore, and develop high-quality mineral-rich properties and integrate sustainable energy sources and innovative technologies for climate-positive resource production constitute forward-looking information. Actual results and developments may differ materially from those contemplated by forward-looking information.

Readers are cautioned not to place undue reliance on forward-looking information. The statements made in this press release are made as of the date hereof. Lancaster disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.



Primary Logo

News Provided by GlobeNewswire via QuoteMedia

LCR:CC
Lancaster Resources

Lancaster Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Lancaster Resources (CSE:LCR)

Lancaster Resources


Keep reading...Show less
Lancaster Resources Welcomes Three Highly Experienced Industry Experts to Its Advisory Board

Lancaster Resources Welcomes Three Highly Experienced Industry Experts to Its Advisory Board

Highlights

  • Greg Foofat - With over 20 years of experience, Mr. Foofat has contributed to transactions exceeding $24 billion in M&A and A&D and approximately $5 billion in equity and debt financing.
  • Patrick Laperrière - Mr. Laperrière has overseen mining portfolios for Canada's largest pension funds and has led extensive equity raises for Canadian brokerage firms.
  • Jay Swartzentruber - As Director at Canam Metals, Mr. Swartzentruber is set to produce lithium and gold with exceptionally low production costs.

Lancaster Resources Inc. (CSE:LCR) (OTCQB:LANRF) (FRA:6UF0) (" Lancaster "), a critical mineral exploration company, is delighted to welcome three distinguished professionals to its advisory board: Greg Foofat, Patrick Laperrière, and Jay Swartzentruber.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Lancaster Resources Receives BLM Drilling Approval for Alkali Flat Lithium Brine Project

Lancaster Resources Receives BLM Drilling Approval for Alkali Flat Lithium Brine Project

Lancaster Resources Inc. (CSE:LCR) (OTCQB:LANRF) (FRA:6UF0) (" Lancaster ") announces that the United States Department of the Interior Bureau of Land Management (" BLM ") has provided Lancaster with approval for the Plan of Operations regarding the Alkali Flat Lithium Brine Phase 1 drill program. This follows permit approval granted by the New Mexico Mining and Minerals Division (" MMD "), as announced on April 30, 2024.

"The BLM approval of our Plan of Operations application is further proof of Lancasters' vision of providing sustainable and minimal impact critical minerals for the energy transition," says Andrew Watson, Lancaster's VP Engineering & Operations. "We are rapidly progressing to drilling our maiden exploration well at Alkali Flat and showing the significant potential lithium brine deposit in the subsurface aquifers identified by our 2023 geophysics program."

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Lancaster Resources Receives Drill Permit Approval for Alkali Flat Lithium Brine Project

Lancaster Resources Receives Drill Permit Approval for Alkali Flat Lithium Brine Project

Lancaster Resources Inc. (CSE:LCR) (OTCQB:LANRF) (FRA:6UF0) (" Lancaster ") announces that the New Mexico Mining and Minerals Division (" MMD ") has provided Lancaster with a "Technically Complete Letter" regarding a permit for the Alkali Flat Lithium Brine Phase 1 drill program (the " Drill Permit ").

"The approval of our maiden drilling application is confirmation of our commitment to responsible, minimal impact exploration and the last major hurdle before launching our maiden drilling program at Alkali Flat," says Andrew Watson, Lancaster's VP Engineering & Operations. "We are one step closer to drilling the first well at Alkali Flat and proving the quality of the potential lithium brine deposit we believe is in the subsurface aquifers previously identified by our geophysics program."

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Lancaster Resources Acquires Piney Lake Gold Property

Lancaster Resources Acquires Piney Lake Gold Property

Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (" Lancaster" or the " Company " ) a North American critical minerals exploration company, is excited to announce the acquisition of the Piney Lake Gold Property.

Property Overview

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Lancaster Resources Closing of Spin-Off of Nelson Lake Copper Corp.

Lancaster Resources Closing of Spin-Off of Nelson Lake Copper Corp.

Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (" Lancaster" or the " Company " ) and Nelson Lake Copper Corp. (" Nelson ") announce that the plan of arrangement previously announced on January 30, 2024 (the " Arrangement" ), including the spin-off of Lancaster's wholly-owned subsidiary, Nelson, closed today.

The Arrangement was approved by the shareholders (the " Shareholders ") of the Company's common shares at an annual and special meeting held on March 15, 2024, and by the British Columbia Supreme Court in its final order dated March 25, 2024.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
NextSource Materials Bolsters Top Management Team for Next Phase of Growth

NextSource Materials Bolsters Top Management Team for Next Phase of Growth

NextSource Materials Inc. (TSX:NEXT)(OTCQB:NSRCF) ("NextSource" or the "Company") confirms changes to its top management team ahead of the next phase of the Company's global growth strategy

The Board of NextSource is pleased to announce the appointment of Hanré Rossouw as President and Chief Executive Officer ("CEO") effective November 1st, 2024, with Hanré initially joining the Board as a Director from September 1st, 2024.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Coniagas Battery Metals Identifies Offshore Stockpile Opportunities for Evaluation with Re-2Ox Hydrometallurgical Process

Coniagas Battery Metals Identifies Offshore Stockpile Opportunities for Evaluation with Re-2Ox Hydrometallurgical Process

(TheNewswire)

Coniagas Battery Metals Inc.

These offshore stockpiles provide an exciting opportunity to leverage our Re-2Ox process and establish a full-scale production facility in Quebec.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Beyond Lithium Closes Flow-Through Offering for Gross Proceeds of $500,000

Beyond Lithium Closes Flow-Through Offering for Gross Proceeds of $500,000

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Beyond Lithium Inc. (CSE: BY) (OTCQB: BYDMF) (the "Company" or "Beyond Lithium"), today announced the completion of a non-brokered private placement of 2.5 million common shares in the capital of the Company that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the "Flow-Through Shares") at a price of $0.20 per share for aggregate gross proceeds of $500,000 (the "Offering").

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Clean Energy and Precious Metals Hybrid Virtual Investor Conference: Presentations Now Available for Online Viewing

Clean Energy and Precious Metals Hybrid Virtual Investor Conference: Presentations Now Available for Online Viewing

Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Clean Energy and Precious Metals Hybrid Virtual Investor Conference held May 23 rd are now available for online viewing.

REGISTER NOW AT : https://bit.ly/4bNF5Zi

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
International Paper Announces Changes to Its Board of Directors

International Paper Announces Changes to Its Board of Directors

Jamie A. Beggs and Scott A. Tozier to Join as Newest Board Members

Ilene S. Gordon to Retire from the Board

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less
ALX Resources Corp. Amends Hook-Carter Uranium Project Joint Venture Agreement with Denison Mines - Exploration Planned for 2024

ALX Resources Corp. Amends Hook-Carter Uranium Project Joint Venture Agreement with Denison Mines - Exploration Planned for 2024

alx resources corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce it has entered into an amending agreement (the "Amendment") with Denison Mines Corp. ("Denison") whereby ALX may increase its ownership interest in the Hook-Carter Uranium property ("Hook-Carter", or the "Project") from 20% to 25% ownership by funding the next $3.0 million of exploration at the Project within the next 30 months. Hook-Carter is a highly-prospective and large exploration property with significant coverage along the prospective Patterson Lake, Carter, and Derksen exploration corridors — notably covering approximately 13 kilometres of the Patterson Lake Corridor along strike of the Arrow uranium deposit owned by NexGen Energy Ltd. ("NexGen"), and the Triple R uranium deposit owned by Fission Uranium Corp. ("Fission").

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Lancaster Resources

Lancaster Resources Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×