Nevada Clean Magnesium Announces the Passing of our CFO

Published 2019-02-20 08:00:00-07

Tickers: PINX:MLYFF, XTSX:NVM
Tags: Mining



VANCOUVER, BRITISH COLUMBIA / TheNewswire / February 20, 2019 - Nevada Clean Magnesium, Inc. (TSXV: NVM; Frankfurt-M1V; OTCQB: MLYFF) (the "Company").

It is with great sadness that we report to you the passing of our CFO and good friend Denny Mee. Denny joined the company in 2017 and has worked hard not only to support the vision of our Executive Chairman, Mr. Edward Lee, but to also ensure that each of our shareholders' financial contributions were managed and accounted for in a most professional manner.

Mr. Sam Ataya, CEO, stated, "On a personal note I am very thankful to Denny for welcoming me into the Company with an open mind and an open heart. Denny supported me through his professional work ethic and his advice was always timely.

I would like all to know how committed Denny was not only to his profession but to this Company and he worked tirelessly as our CFO until a week before his passing. This type of dedication not only inspires me and I'm sure it will inspire you as we build this vision moving forward. I'm honoured to have worked with Denny even though it was for a short period of time his work ethic, dedication, mentorship and his friendship shall remain with me for the rest of my days. I ask you at this time to join me in sending your thoughts and prayers to Denny's family."

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements in this news release include that we will conduct and close a private placement and that we can become a major U.S. producer and distributor of primary, high grade, low cost magnesium metal. Actual results may differ materially from those currently anticipated due to a number of factors, including the Company's dolomite reserves may not be mined because of technical, regulatory, financing or other obstacles, the market price for magnesium may make our resources uneconomic, we may not be able hire and retain skilled employees, and other risks associated with being a mineral exploration and development company. We may not be able to close with interested investors on our intended private placement because of perceived risks or market conditions. The Company undertakes no obligation to update forward-looking information except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. These forward-looking statements are made as of the date of this news release.

To Reach Nevada Clean Magnesium Please Contact:

John Ulmer at (778) 994-6453

For additional information please visit our website at http://www.nevadacmi.com or view our profile at http://www.sedar.com.

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