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Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two processing facilities: a 4,000 square feet (sq ft) lab in Denver, Colorado and a 55,000 sq ft complex in Bessemer, Alabama. The Company is engaged in a contract with multiple strategic mineral resource owners and processing brines from the Salars in Chile and Argentina, and the Smackover reservoir in the Southeastern United States. The Company’s wholly owned subsidiary is Aqueous Resources LLC.


NEO:LITS - Post by User

Bullboard Posts
Post by neoneilon Apr 03, 2019 9:19am
83 Views
Post# 29574968

Wednesday April 3rd News out....

Wednesday April 3rd News out.... 
Alchemist Appoints Former California Director of Consumer Affairs, Awet Kidane, to Board of Directors
 
C.AMS, V.AMX 43 minutes ago
 
VANCOUVER, BC / ACCESSWIRE / April 3, 2019 / Alchemist Mining Inc (CSE: AMS) ("AMS" or the "Company") is pleased to announce that the Board of Directors of the Company have appointed former California Director of Consumer Affairs, Mr. Awet Kidane, as an independent director, effective immediately.

Mr. Kidane has worked for nearly 15 years in public service in both the Legislative and Executive branches, including as Director of the Department of Consumer Affairs, as Chief of Staff to Assembly member Steve Bradford and as Senior Advisor to State Assembly Speaker Karen Bass.
During his career in the California State Assembly, Kidane led a department that oversees more than 40 professional licensing boards, including ones that regulate medical cannabis, construction and nursing. Kidane was the staff point-person who oversaw the release of the bill from the Assembly Appropriations Committee. Other key works included the creation of the film tax credit during budget negotiations and the first CEQA exemption for a Los Angeles stadium during a special session. His other works included the passage of the first and second Renewable Portfolio Standard. As Director of Consumer Affairs, Kidane oversaw the development of the budget and the legislative package, managed close to 5,000 staff and led efforts to reform licensing and enforcement for all consumer boards and commissions including negotiating the continuance of the boards and commissions under his jurisdiction. In this capacity, Kidane worked closely with Governor Brown's Cabinet and was among those advising the Governor directly on issues within his jurisdiction.

During his five years of service in the Administration, Kidane served as a constant advisor and chief negotiator for the Administration on all issues pertaining to the Department of Consumer Affairs, forming strong relationships with members and staff of the Legislature of both parties. Moreover, while serving the Governor, he successfully negotiated many contentious budget and policy issues pertaining to his Department, such as sunset review.

"We are very proud and honoured to have Mr. Kidane join our team," said Paul Mann, CEO of Alchemist. "His knowledge, experience, professional network and successful track record speaks for itself. I have no doubt that Awet's contribution, counsel and diplomacy will have an immediate and positive impact to our business endeavors in California."

Mr. Kidane commented: "I am honored and excited to be part of the Alchemist team, who really seem to know what they are doing and where I believe I can offer my experience and expertise all the while learning a tremendous amount from them in return."

The Company also thanked Mr. Will Rascan for his service as he steps down from his role as a member of the Board of Directors.

On Behalf of the Board,

Paul Mann, CEO 
Alchemist Mining Inc.
For further information on this release, please contact:
Sukh Sandhu Investor Relations
Investors@alchemistinc.ca
 
604-601-2093
 
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