15:17:26 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Sama Resources Inc
Symbol SME
Shares Issued 159,807,637
Close 2018-02-01 C$ 0.36
Market Cap C$ 57,530,749
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Sama's Audet steps down as SRG Graphite's CEO

2018-02-01 18:47 ET - News Release

Also News Release (C-SRG) SRG Graphite Inc

Dr. Marc-Antoine Audet reports

SAMA RESOURCES REPORTS ON SRG GRAPHITE'S CHANGE OF MANAGEMENT

Dr. Marc-Antoine Audet has stepped down as president and chief executive officer of SRG Graphite Inc. to focus on his role as president and chief executive officer of Sama Resources Inc. SRG has appointed Ugo Landry-Tolszczuk as president and chief operating officer, effective immediately. Dr. Audet remains a member of SRG's board of directors and will continue to act as lead geologist and qualified person. Sama is a significant shareholder of SRG.

Mr. Landry-Tolszczuk has been part of the SRG team in various technical roles since its reverse takeover in 2017. He also recently served as director of operations at Windiga Energy, a Canadian-based independent power producer, where his responsibilities included corporate operations, financing and project development. Mr. Landry-Tolszczuk holds an honours bachelor of applied science in computer engineering from the University of Waterloo and is a CFA charterholder.

"On behalf of the SRG board of directors, I would like to thank Marc-Antoine, one of the founders of SRG and the discoverer of the Lola graphite and Gogota cobalt-nickel-scandium laterite deposits. Dr. Audet will continue to follow the development of these two important projects in his capacity as lead geologist and qualified person," said Benoit La Salle, FCPA, FCA, MBA, director and executive chairman of the board of SRG. "Moving forward, as SRG enters the development phase, we are confident that Ugo's experience on the African continent, as well as his operational acumen, as demonstrated over the years in various roles, makes him an excellent choice to head up the company."

"I look forward to continuing to play a role in SRG's success through the geology and exploration of its graphite and cobalt-nickel-scandium laterite projects in the future," said Dr. Audet.

Sama is a Canadian-based mineral exploration and development company with projects in West Africa. On Oct. 23, 2017, Sama announced that it had entered into a binding term sheet in view of forming a strategic partnership with HPX TechCo Inc., for the development of its Cote d'Ivoire nickel-copper and cobalt project in Ivory Coast, West Africa.

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