Appointment of Nick Lindsay to the Board of Directors
Brisbane, July 19, 2017 AEST (ABN Newswire) - Argentinean focused lithium exploration company Lake Resources N.L. (
ASX:LKE) ("Lake" or "LKE") is pleased to advise that it has significantly strengthened its Board with the appointment of a new Non-Executive Director with considerable expertise in the South American resources sector.
Director Appointments
Dr Nick Lindsay has been appointed as a Non-Executive Director of the Company. Nick has over 25 years' experience in Argentina, Chile and Peru in technical and commercial roles in the resources sector with major and mid-tier companies, as well as start-ups. Nick has an BSc (Hons) degree in Geology, a PhD in Metallurgy and Materials Engineering as well as an MBA. A fluent Spanish speaker, he has successfully taken companies in South America, such as Laguna Resources which he led as Managing Director, from inception to listing, development and subsequent acquisition. Mr Lindsay is currently CEO of Manuka Resources Ltd, an unlisted company, having previously held the position of President - Chilean Operations for Kingsgate Consolidated Ltd and is a member of the AusIMM and the AIG.
LKE's Chairman, Mr Crow said: "As Lake enters a much more active period of exploration of its assets in Argentina, it is important that we have greater South American resources sector expertise at Board level. Nick will deliver such expertise and we are delighted to have secured his services.
"Nick holds more than 25 years' experience in Argentina and Chile, and this enhanced guidance to our technical and commercial team on the ground will be invaluable as we begin to develop our projects. We look forward to updating shareholders on progress in this regard."
Mr Peter Gilchrist has advised of his decision to step down from the Board after more than 10 years' service. Mr Gilchrist was instrumental in establishing Lake Resources privately and listing the Company, focused on copper-gold assets, including leases in Argentina, and was central to the successful acquisition of the lithium projects of Lith NRG Pty Ltd. The Board thanks him for his assistance and good guidance of the Company.
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About Lake Resources NL
Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising state-of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within the Lithium Triangle in Argentina among three other projects covering 220,000 ha.
This ion exchange extraction technology delivers a solution for two rising demands - high purity battery materials to avoid performance issues, and more sustainable, responsibly sourced materials with low carbon footprint and significant ESG benefits.
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