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CDN Maverick Capital Corp C.CDN

Alternate Symbol(s):  AXVEF

CDN Maverick Capital Corp. is a Canada-based diversified exploration company with a core focus on lithium. Its projects include Northwind Lake Lithium Property, Poncheville Lithium Prospects, Rainbow Canyon Gold Project and Nevasca Lithium Project. The Northwind Lake Property is a lithium pegmatite exploration project located in the Electric Avenue Lithium District, located approximately 10 kilometers (km) north-northwest of the PAK Lithium Project and covers over 7,040 hectares (ha). Poncheville Lithium Prospects span nearly 40,000 ha across the Poncheville and Chabinoche properties and are located approximately 65 kilometers (km) northeast of the mining town of Matagam. The Rainbow Canyon Gold Project is a precious metals exploration prospect located in the Olinghouse Mining District, about 40 km east of Reno in Washoe County, Nevada. The Nevasca Lithium Project is located in the Salar de Arizaro basin within Salta’s provincial boundaries in the Puna Region of northwest Argentina.


CSE:CDN - Post by User

Post by cabzon Jun 02, 2023 10:10am
136 Views
Post# 35476737

news

news

VANCOUVER, BCJune 2, 2023 /CNW/ - CDN Maverick Capital Corp. ("Maverick" or the "Company") (CSE: CDN) (OTCPINK: AXVEF) (Frankfurt: A117RU) is pleased to announce that it has appointed Adam Cegielski to the Board of Directors. Mr. Cegielski is an entrepreneur holding a BSc in applied biochemistry from the University of Guelph. In his more-than-25-year career, Mr. Cegielski has served as both senior executive and director of numerous public and private enterprises across the resource and technology sectors. He entered the resource world through the financing development of the Namekara Vermiculte mine in Uganda sold to Rio Tinto Mining in 2007, after which he became a founding director of Cayden Resources, which developed the El Barqueno property in Mexico, which was subsequently sold to Agnico Eagle for $205-million in 2014.

Since then, Mr. Cegielski has led successive organizations through multiple rounds of private and public project financings, initiated and executed dual listings, established key international and domestic financial relations, oversaw mergers and acquisitions, technical, operational, human resources, investor relations, and legal and regulatory functions, as well as closed several accretive asset acquisitions and financings in multiple jurisdictions. He has successfully built global organizations with world-class teams across various industries and in a wide range of jurisdictions globally.

"It has been a refreshing experience to work with such a driven and shareholder-centric team over the last number of months. These teams are incredibly rare and yet critical to the success of companies in the venture markets. Maverick is committed to preserving its capital structure, advancing its premier exploration projects, and sourcing future opportunities that create a strong, balanced and diverse portfolio; capable of adapting and weathering changes in the economic environment to the express benefit of the shareholder," commented Mr. Cegielski.

Sandy MacDougall, Founder, Executive Chairman and Director of Maverick, expressed: "We are pleased to welcome Adam to the Board of Directors of Maverick. He has proven himself to be completely aligned with our unwavering mandate since inception. Adam has embraced the role of CEO, exceeded expectations and focused on bringing value to our shareholders. We look forward to the future ahead with Adam as an integral part of our Company."

Engagement of ARU Global Inc.

The Company also announces that it has engaged ARU Global Inc. ("ARU") to provide investor relations services in an effort to increase public awareness of the Company. ARU's services will include the creation of advertorial content as well as managing email distribution and pay-per-click advertisements. The terms of the agreement will be for a period of 6-month in the amount of $250,000 USD, of which one-half will be payable initially, with the balance after 30-days. The agreement is extendable or cancellable upon 30-day notice by the Company. ARU is owned by Brian Uppal and is located at 17th Floor, PH Plaza 2000 50th Street Panama City, Panama and can be reached at 507-6532-8900 or brian@aruglobalinc.com.

About CDN Maverick Capital Corp:
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