03:36:41 EDT Thu 25 Apr 2024
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Carlyle Commodities Corp
Symbol CCC
Shares Issued 25,047,516
Close 2021-01-06 C$ 0.15
Market Cap C$ 3,757,127
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Carlyle appoints Inwentash to advisory board

2021-01-07 09:27 ET - News Release

Mr. Morgan Good reports

CARLYLE APPOINTS MR. SHELDON INWENTASH TO ITS ADVISORY BOARD

Carlyle Commodities Corp.'s board of directors has approved an addition to its advisory board, and has named accomplished and seasoned mining-sector professional Sheldon Inwentash as its newest member.

Morgan Good, chief executive officer of Carlyle, commented: "Carlyle is absolutely thrilled to have Mr. Inwentash join its advisory board. Mr. Inwentash brings with him more than 30 years of capital-markets expertise, a depth of knowledge, experience and success within the junior mining resource sector that is world class, as well as a financial network that spans globally and reaches some of the most notable and prominent experts and investors in the industry. Mr. Inwentash's addition will certainly prove to be invaluable and add further credibility to Carlyle's growing team."

Mr. Inwentash is the founder, chairman and chief executive officer of ThreeD Capital Inc. Mr. Inwentash has more than 30 years of investing experience. He co-founded Visible Genetics, the first commercial pharmacogenomics company, in 1994 and exited in 2001 to Bayer. Through two decades leading Pinetree Capital, Mr. Inwentash created significant shareholder value through early investments in Queenston Mining (acquired by Osisko Mining Corp. for $550-million), Aurelian Resources (acquired by Kinross for $1.2-billion) and Gold Eagle Mines (acquired by Goldcorp for $1.5-billion), to name a few.

Mr. Inwentash obtained his BComm from the University of Toronto and is a chartered professional accountant. In 2007, he was an Ontario finalist for the Ernst & Young entrepreneur of the year award. In 2012, Mr. Inwentash received an honorary degree, doctor of laws (LLD), from the University of Toronto for his valuable leadership as an entrepreneur, his philanthropy and inspirational commitment to making a difference in the lives of children, youth and their families.

About Carlyle Commodities Corp.

Carlyle is a mineral exploration company focused on the acquisition, exploration and development of mineral resource properties. The company has an option to earn a 100-per-cent interest in the Cecilia gold-silver project located in Sonora, Mexico. Carlyle formed a strategic partnership with HDI, and has formed a 50-50 joint venture with HDI affiliate United Mineral Services Ltd. on the Mack project, and has an option to earn a 50-per-cent interest in the Jake project, both located in British Columbia. The company also owns 100 per cent of the Newton gold project in the Clinton mining division of B.C. The company also wholly owns the Star, Porcher, Peneece and Blackie iron-titanium-vanadium properties located along tidewater in western B.C., and holds an option to earn a 100-per-cent interest in the promising Sunset property located in the Vancouver mining division near Pemberton, B.C. Carlyle is based in Vancouver, B.C.

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