15:25:43 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Nova Lithium Corp
Symbol NVLI
Shares Issued 20,437,100
Close 2023-08-15 C$ 0.23
Market Cap C$ 4,700,533
Recent Sedar Documents

Nova Lithium appoints Bell director, CEO

2023-08-15 20:51 ET - News Release

Mr. Glenn Collick reports

NOVA LITHIUM APPOINTS ACCOMPLISHED INDUSTRY VETERAN AS DIRECTOR AND CEO

Nova Lithium Corp. has appointed J. Malcolm Bell as director and chief executive officer of Nova Lithium to replace Ryan Arthur, who has stepped down as a director. The company would sincerely like to thank Mr. Arthur for his valued contributions to Nova, and the company wishes him well in his future endeavours.

Mr. Bell has enjoyed a career spanning over 45 years in the resource industry, and is a seasoned leader with a proven record as a principal, director and senior officer of both private and public enterprises. In 1980, he established Hi-Tec Resource Management Ltd., a Vancouver-based minerals exploration company providing geological services to clients with projects located across Canada, the Western United States, Mexico and many parts of South America.

His visionary spirit led to the inception of the International Investment and Business Opportunities Exposition in 1986, marking a pivotal milestone as the pioneering investment trade show company in Canada. This revolutionary platform provided private and public enterprises with an avenue to exhibit themselves on a global stage.

Mr. Bell commented: "Ryan Arthur and his team have done a tremendous job to date building a successful battery metals exploration company with a single project in Nevada. Going forward I believe the company, with my assistance, can significantly expand its presence in the lithium space. I'm excited to be appointed as director and CEO, and I look forward to helping Nova build and develop a strong portfolio of lithium assets."

Grant of options

The company wishes to announce the granting of stock options to acquire up to 590,000 common shares of the company to an officer of the company in accordance with the provisions of the company's current stock option plan. Each of the stock options vests immediately and is exercisable at 23 cents per common share for a period of five years from the date of grant.

About Nova Lithium Corp.

Nova Lithium is a Canadian junior mining company focused on the global transition from fossil fuels to green energy solutions powered by lithium-based batteries. The company's mission is to become a leader in exploration and development of critical materials through responsible mining practices.

The company currently owns a 100-per-cent interest in 190 mineral claims located in southern Clayton Valley, Nevada, United States, known as the Deer Musk West project, and holds the option to purchase a 51-per-cent interest in 1,243 mineral claims covering approximately 22,200 acres in Churchill county, Nevada, known as the Edwards Creek Valley project.

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