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Lucky Minerals Inc
Symbol LKY
Shares Issued 122,797,946
Close 2019-09-18 C$ 0.05
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Lucky Minerals appoints Rothwell as president, CEO

2019-09-18 10:00 ET - News Release

Mr. Joao Carrelo reports


Lucky Minerals Inc. has appointed Adrian Rothwell as president and chief executive officer, effective Sept. 17, 2019. As chief executive officer, Mr. Rothwell has also been appointed to the board of directors.

Joao Carrelo, chairman of the board, commented: "On behalf of the company, I would like to welcome Mr. Rothwell as our incoming president and CEO. This marks an important milestone as we advance Lucky's copper and gold exploration projects."

Mr. Rothwell commented: "With a clear plan for the 55,000-hectare Fortuna project, and supportive major shareholders, Lucky is well positioned to deliver shareholder value. I look forward to working with the board to build out the strategy, organization and capital market profile of the company."

Following Mr. Rothwell's appointment, Robert Rosner, outgoing chief executive officer, will become executive vice-president of operations of the company.

Mr. Rosner remains a director and significant shareholder of the company. The board would like to thank Mr. Rosner for his efforts and looks forward to Mr. Rosner being an integral part of the company as it executes its vision.

Mr. Rothwell is the founder and a director of Kore Mining Ltd., which is currently developing the Imperial and Long Valley projects in the United States as well as exploration projects in Canada. Mr. Rothwell is also a director of Fireweed Zinc Ltd., which owns the Macmillan Pass project in the Yukon. He is a former executive of Goldcorp Inc. and chief financial officer of NuLegacy Gold Corp., Kiska Metals and MBMI Resources Inc. He is a British Columbia chartered professional accountant and a member of Chartered Accountants of Australia and New Zealand. Mr. Rothwell holds a BA in economics from Macquarie University.

About Lucky Minerals Inc.

Lucky Minerals is an exploration and development company that is targeting large-scale mineral systems in proven districts with the potential to host world-class deposits.

The Fortuna project

Lucky Minerals holds a 100-per-cent interest in Fortuna, a 550-square-kilometre property in the heart of a proven and highly mineralized mineral district in Ecuador, but which has seen only limited exploration and has never been drilled.

Evidence of significant hydrothermal alteration, stockwork, breccias, geochemical anomalies and placer mining supports the potential for copper/gold porphyry systems and epithermal gold deposits that are similar to numerous multimillion-ounce gold and bulk-tonnage copper deposits approximately 40 kilometres away.

Qualified person statement

Technical information with respect to the projects contained in this news release has been reviewed and approved by Alain Moreau, PGeo, vice-president of exploration, who is Lucky's designated qualified person for the purposes of National Instrument 43-101.

We seek Safe Harbor.

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