Canadian Metals Appoints Hubert Vallée President''s Special Advisor and Marc Duchesne as Vice President Business Development
(firmenpresse) - MONTREAL, QUEBEC -- (Marketwired) -- 05/01/15 -- Canadian Metals Inc. (The "Corporation") (CSE: CME) is pleased to announce the appointment of Mr. Hubert Vallee as President''s Special Advisor and Marc Duchesne as Vice President Business Development of the Company, effective immediately.
Mr. Vallee graduated from Laval University. He has been a leader in the mining industry for 30 years. He joined Quebec Cartier Mining as Project Engineer and was promoted to Director of Operations for its Pellet Plant in 2001. He managed the Iron Ore Company of Canada''s Pellet Plant in Sept-Iles before joining Domtar Inc. as Mill Manager of its pulp mill in Lebel-sur-Quevillon. He joined Consolidated Thompson in 2006 and was one of the key people who made this project happen. After the sale of Consolidated Thompson to Cliffs, Mr. Vallee acted as VP Project Development for Phase II of Bloom Lake operation. He has also been involved as Senior Vice President, Project Development, at Century Iron Mines. From February 2014 he acting as CEO and President of Lamelee Iron Ore Ltd.. Mr. Vallee is known for its superior abilities to bring projects on stream cost-effectively through design innovation and management processes, maintaining relationships with stakeholders.
Mr. Duchesne is CPA, CA and has over 25 years of senior financial and management experience with major Quebec-based companies, most recently as Senior Vice President of Finance for Consolidated Thompson Iron Mines Inc., located in the Labrador Trough in Quebec, which was acquired by Cliffs Natural Resources Inc.. Mr. Duchesne joined Consolidated Thompson in 2006 and actively participated in all phases of its growth. In addition to overseeing financial reporting, controllership and budget planning duties, Mr. Duchesne directed and supervised project capital expenditures during the crucial mine development phase, and additionally, he and the Consolidated Thompson team raised over $850 million in financing, negotiated and concluded a $240 million strategic investment by Wuhan Iron and Steel Company ("WISCO"), one of China''s largest steel producers, as well as off-take agreements with WISCO, Worldlink Resources of China and SK Networks Co., a subsidiary of the third largest Korean conglomerate, SK Group.
Stephane Leblanc, Canadian Metals President and C.E.O., stated, "We are very fortunate to have been able to attract very talented and experienced industrial project development professionals to our Canadian Metals team. Mr. Vallee and Mr. Duchesne broad experience in mining project development and public finance and their recent success with Consolidated Thompson will benefit Canadian Metals greatly as we progress rapidly our Langis Projects through development to feasibility and production of ferrosilicon in Quebec.
For almost a decade, the quartz in Langis quarry was exported in Europe to produce Ferrosilicon. Canadian Metals has builted rapidly an international management team with local talent to establish and transform in Quebec the resource from Langis quarry in St-Vianey in high grade Ferrosilicon. With this project; Canadian metals wants to establish new standards in connection of Quebec government economic policy and development of Quebec Plan Nord. With the goal to create around a hundred highly qualified direct jobs and approximately 300 indirect jobs, Canadian Metals strongly believe that Province of Quebec has all the infrastructure including skill labor, rail, port and affordable green electricity to realize this industrial mineral project.
About Canadian Metals
Canadian Metals Inc. is focused exclusively on the exploration and development of its Langis Project, a high-purity silica deposit located in the province of Quebec. The Company is rapidly positioning itself to become a future producer of ferrosilicon in North America
Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Stephane Leblanc
President and CEO
(418) 717-2553
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Datum: 01.05.2015 - 06:30 Uhr
Sprache: Deutsch
News-ID 1355755
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