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Vancouver, British Columbia--(Newsfile Corp. - August 1, 2024) - Lodestar Battery Metals (TSXV: LSTR) (OTCQB: SVTNF) ("Lodestar" or the "Company"), is pleased to announce the appointment of Mr. David W. Christie, P. Geo., as Strategic Advisor, effective immediately. Mr. Christie brings 38 years of experience in the mining and finance sectors, having played key roles in company creation, acquisitions, corporate strategy, and financing.
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David Christie is a Professional Geologist with more than 38 years of experience in the resource and resource finance sector:
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President and CEO of Orford Mining Corp, which he took public in 2017, completed $34 million in equity financings over seven years and led the company to a successful acquisition by Alamos Gold at a 134% premium to the 20-day VWAP.
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President and CEO of Eagle Hill Exploration Corp. where he facilitated a five-way merger to create Osisko Mining at a 258% premium to Eagle Hill shareholders.
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Formerly Vice President with Goodman & Company Investment Counsel and Dundee Resources Inc., where he worked on the management of $200 million in resource funds.
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Senior gold and precious metals analyst at TD Securities and Scotia Capital, where he ranked in the top quartile by industry surveys.
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An exploration geologist predominately for Agnico Eagle Mines Ltd. for 15 years.
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Previously served as a director on the following boards: eCobalt Solutions Inc., Osisko Mining Inc., Orford Mining Corp, True North Nickel (private) and Condor Precious Metals (private).
Lowell Kamin, CEO of Lodestar Battery Metals, commented: "David's experience and industry knowledge make him an exceptional addition to our team as we develop our 2025 business plan."
Mr. Christie commented: "Lodestar represents an exciting opportunity in the resource space. I look forward to leveraging my experience to help drive Lodestar's next steps and contribute to its continued success."
Lodestar has granted options to purchase 400,000 common shares to Mr. Christie. The options are exercisable at $0.05 per share, fully vested and expire five years from the date of grant.
Name Change
The Company is also pleased to announce that it plans to change its name to "Lodestar Metals Corp." (the "Name Change"). The Name Change better reflects the Company's focus on base and precious metals properties. The Company's shares will continue to trade under the symbol "LSTR".