Source: LithiumBank.
  • LithiumBank Resources (LBNK) appointed Paul Matysek as the company’s Executive Chairman
  • Matysek is a geoscientist by training, with over 40 years of experience in the mining industry
  • LithiumBank is an exploration and development company focusing on lithium-enriched brine projects in Western Canada
  • LithiumBank Resources Corp. (LBNK) is up 8.49 per cent, trading at C$1.15 per share at 4:11 pm ET

LithiumBank Resources (LBNK) appointed Paul Matysek as the company’s Executive Chairman.

Matysek is a geoscientist by training with over 40 years of experience in the mining industry. Since 2007, as either CEO or Executive Chairman, Matysek has sold six publicly listed mineral exploration and development companies with a total worth of over $2.5 billion. Two of the six sales were lithium brine assets that are advancing toward production.

Rob Shewchuk, CEO and Director of LithiumBank, commented on the appointment.

“LithiumBank is very excited that Paul has agreed to move from his position as a Director to the role of Executive Chairman of our Board. I view this as a testament to the enormity of the opportunity in front of us as well as the exceptional job done by our team to set the table for valuable next steps.”

“Matysek’s unique qualifications, experience and unprecedented string of successful transactions in the mining sector will create value for the company as it now transitions from an exploration to development company of district scale direct brine lithium projects in North America.”

The company also announced the appointment of Ann Fehr as Chief Financial Officer effective January 27, 2023. Fehr is the Founder of Fehr & Associates. She has been consulting and preparing public company financial reports in the mining industry since 2007.

LithiumBank is an exploration and development company focusing on lithium-enriched brine projects in Western Canada.

LithiumBank Resources Corp. (LBNK) is up 8.49 per cent, trading at C$1.15 per share at 4:11 pm ET.


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