Mr.
Edward Lee reports
INTERIM CFO APPOINTED
Due to technical issues regarding the filing of the personal information form as required by the TSX Venture Exchange, effective immediately, Nevada Clean Magnesium Inc.'s Dennis Mee has tendered his resignation. Mr. Mee will remain as an adviser to the company, and Steve Thorlakson, an independent director, will act as interim chief financial officer.
About Nevada Clean Magnesium
Nevada Clean Magnesium is focused on becoming a major U.S. producer and distributor of primary, high-grade, low-cost magnesium metal extracted from its 100-per-cent-owned Tami-Mosi property located in north-central Nevada. Based on the company's National Instrument 43-101 preliminary economic assessment report published in September, 2011, and amended in July, 2014, the Tami-Mosi project has an inferred resource of 412 million tonnes with an average grade of 12.3 per cent magnesium for a contained metal content of 111 billion pounds of magnesium using a 12-per-cent cut-off grade contained within a high-purity dolomite block.
The technical portion of this press release was prepared under the supervision and review of James Sever, PEng, chief operating officer for Nevada Clean Magnesium. Mr. Sever is a non-independent qualified person within the meaning of National Instrument 43-101 standards.
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