05:42:48 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Frontier Lithium Inc
Symbol FL
Shares Issued 227,627,041
Close 2023-08-01 C$ 1.76
Market Cap C$ 400,623,592
Recent Sedar Documents

Frontier Lithium appoints Underwood as CFO

2023-08-02 13:58 ET - News Release

Mr. Trevor Walker reports

FRONTIER LITHIUM ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER

Frontier Lithium Inc. has appointed Erick Underwood as its new chief financial officer. Mr. Underwood will assume his role today, bringing with him over 25 years of extensive experience in the finance and project development sectors within the mining industry.

"We are delighted to welcome Erick to the Frontier's executive team," said Trevor Walker, President and CEO of Frontier Lithium. "His extensive experience and proven leadership in the mining industry make him the perfect fit for this role. We believe Erick's expertise will play a crucial role in our pursuit of sustainable lithium mining and will be instrumental in driving the company's financial and operational excellence."

Mr. Underwood is a highly accomplished executive with a strong track record of success in major projects and assets, having held key positions at esteemed companies such as Chesapeake Gold Corp, Cia. Minera Zafranal (Teck Resources Ltd.), AQM Copper Inc, and BHP Billiton.

"I am thrilled to join Frontier Lithium, a Canadian champion that is developing a significant resource in the transformative lithium mining industry," said Erick Underwood. "I am motivated by the company's strong financial performance and strategic positioning in the market. I look forward to contributing to Frontier Lithium's continued growth and success while optimizing operational efficiencies and maximizing shareholder value."

Throughout his career, Erick has been a trusted partner to senior technical and operational decision-makers, providing invaluable advice in asset development and operations. He possesses an exceptional skill set, encompassing financial and managerial reporting, strategic planning, change management, and economic valuations. Moreover, his expertise in governance and internal controls has led to the successful completion of various significant projects and milestones. Mr. Underwood holds a Bachelor of Commerce from McGill University, a Master of Business Administration from the Rotman School of Management at the University of Toronto, and the CPA, CMA designation.

Other Matters

The Company also announces that pursuant to its "Stock Option Plan" it has granted 750,000 stock options, to certain employees, officers, directors, and strategic advisors. The options are set for a period of five years, expiring on August 3, 2028. The options are priced at $1.80 and are subject to regulatory approval.

About Frontier Lithium

Frontier Lithium (TSX-V: FL) (FRA: HL2) (OTCQX: LITOF) is a preproduction business with an objective to become an integrated strategic domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the growing electric vehicle and energy storage markets in North America. The Company's sole project maintains the largest land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region.

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