Vancouver, British Columbia--(Newsfile Corp. - June 13, 2024) - InZinc Mining Ltd. (TSXV: IZN) ("InZinc" or the "Company") is pleased to announce the appointment of Mr. Michael Westcott to the Board of Directors of the Company effective June 13, 2024.
Mr. Westcott has over 30 years of experience in equity capital markets and mining industries. After 25 years in various roles at Raymond James Ltd., including Head of Institutional Equity Sales and Mining Equity Research Analyst, he retired as Head of Equities in 2021. Prior to joining Raymond James in 1996, Mr. Westcott was an Exploration Geologist at Cominco Ltd. and a Corporate Analyst at the Vancouver Stock Exchange. Mr. Westcott has a Master's Degree, Mineral Exploration (Minex), from Queen's University and a Bachelor of Science, Geology, from the University of British Columbia. He has completed securities industry courses including: Partners, Directors and Senior Officers; Professional Financial Planning; Canadian Securities Course; Conduct and Practices Handbook; and FINRA Series 24, 37,63.
"It is with great pleasure that I welcome Mr. Westcott to the Board of Directors of InZinc," stated Kerry Curtis, Chairman of InZinc. "With Mike's wide range of experience in capital markets, mining equity research and mineral exploration, he brings a solid foundation of sector knowledge and expertise to the Company. Mike's skills will be a strong asset as the Company continues to focus on increasing shareholder value through exploration and evaluation of mineral projects."
Issuance of Stock Options
InZinc announces the grant of stock options to purchase a total of 500,000 common shares of the Company for a period of five (5) years at an exercise price of $0.05 per share effective June 13, 2024. These stock options will vest as to 50% immediately and 50% on June 13, 2025.
About InZinc
InZinc is an active explorer and, through its Indy project, equity investment and royalty interests, is exposed to a diverse portfolio of active North American base metals and precious metals projects. The Company has discovered and continues to explore for expansion of near surface zinc mineralization at the easily accessible Indy project located in a new and under-explored mineral region of central British Columbia, Canada. A Canadian subsidiary of South32 (ASX, LSE, JSE) became a major tenure holder in the belt by staking approximately 200 km2 of adjacent claims in late 2021. InZinc has a significant equity investment in American West Metals (ASX) which is advancing multiple North American base metals projects. In addition, InZinc has a production royalty and will receive 50% of the revenue (NSR) from the sale of indium mined from American West's West Desert project.
InZinc Mining Ltd.
Wayne Hubert
____________
Chief Executive Officer
Phone: 604.687.7211
Website: www.inzincmining.com
For further information contact :
Joyce Musial
Vice President, Corporate Affairs
Phone: 604.317.2728
Email: joyce@inzincmining.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Forward-looking statements, include but are not limited to, statements that address activities, events of developments that the Company expects or anticipates will or may occur in the future. Forward-looking statements are typically identified by words such as: believe, expect, anticipates, intends, estimates, plans, postulate, indicate and similar expressions, or are those, which, by their nature, refer to future events. Although InZinc believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. The Company cautions investors that any forward-looking statements are not guarantees of future results, performance or actions, and that actual results or actions may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, those risks and uncertainties disclosed in the Company's Management's Discussion and Analysis for the year ended December 31, 2023 filed with certain securities commissions in Canada and other information released by the Company and filed with the appropriate regulatory agencies. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Inzinc disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. All of the Company's Canadian public disclosure filings may be accessed via www.sedarplus.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/212818
SOURCE: InZinc Mining Ltd.
