International Battery Metals Announces Restructuring of its Board of Directors and Management Team
VANCOUVER, BC, March 3, 2022 /CNW/ – International Battery Metals Ltd. (the “Company” or “IBAT”) (CSE: IBAT) (OTC: IBATF) (FSE: 8RE) is pleased to announce the appointment of Ms. Maria EchavesteMr Foy Wyman Morganand M. William Webster, to the Board of Directors of the Company, as independent directors. These appointments remain subject to the approval of the Canadian Securities Exchange.
Maria EchavestePresident and CEO of the Opportunity Institute, brings with her a distinguished career spanning leadership positions within the White House during the Clinton and Obama administrations, leading programming and social policy at UC Berkeley, and co-founder of a DC-based strategic and policy advisory group, NVG. Currently, Ms. Echeveste sits on the board of directors of UCSF-Benioff Oakland Children’s Hospital, MiFamilia Vota, and Level Playing Field Institute. Mrs. Echeveste obtained a bachelor’s degree in anthropology from Stanford University and a JD from UC Berkeley.
foy Wyman Morgan, Ph.D., President of Strategic Technology Resources, LLC, and Senior Vice President of Infinity Resources, LLC is an established executive with corporate and consulting experience in the development of biopharmaceuticals, specialty chemicals and minerals. During his tenure at FMC Corporation, Mr. Morgan led the development and implementation of breakthrough technology in selective absorption, to produce lithium chloride from a brine source in Argentina. The production facility built using this technology has been in continuous operation since the late 1990s, successfully producing low-cost, high-purity lithium chloride. Mr. Morgan earned a BS in Chemistry from Florence State College (University of North Alabama) and a doctorate. in inorganic chemistry University of Florida.
William M. Webster, IV is an American business leader and entrepreneur who served in the highest levels of government during the Bush and Clinton administrations, serves on numerous corporate and nonprofit boards of directors, and is active in community and philanthropic initiatives. Dr. Webster is currently Adjunct Professor of Health Care Policy at Wofford College and sits on the boards of companies listed on both the New York Stock Exchange and NASDAQ. He obtained a BA in English and German from Washington & Lee University and a JD of University of Virginia Law School.
Additionally, Mr. Tony Collettiwho joined the IBAT Board of Directors on May 12, 2021was appointed interim president of the Company, and Mr. Logan Anderson, has stepped down as a director, but will continue to act as the company’s chief financial officer. dr. John Burba remains the Chief Executive Officer and Chairman of the Board of the Company.
MM. David Ryan and Rodger’s Screamalso stepped down as directors and the Company would like to thank them for their dedication and support as the Company progressed its mobile lithium mining unit towards commercialization.
The restructuring of the board of directors and the management team will allow Dr. John Burba focus on the critical final stages of commercializing the Company’s technology.
IBAT is a cutting-edge technology company focused on environmentally friendly and ethical lithium brine extraction. The company is applying its patented intellectual property to its first mobile lithium mining unit which it plans to deploy either Argentina Where Chile This year.
ON BEHALF OF COUNCIL
“dr. John Burba“
dr. John BurbaCEO and administrator
Tel: (778) 939-4228
Forward-Looking Statements and Cautions
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and there will be no sale of securities in any state of the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in United States the absence of registration or an applicable exemption from registration requirements. This press release may contain statements within the meaning of the safe harbor provisions as defined by securities laws and regulations.
This release may contain certain forward–forward-looking statements regarding the financial condition, results of operations and businesses of the Company and certain of the Company’s plans and objectives with respect thereto. There can be no assurance that the Company’s device will be capable of producing lithium commercially at the stated capacity.
By their nature, forward–forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied. -understood by these forward-looking statements.–research statements.