Millennial Strengthens Board for Development of Pastos Grandes Project, Salta, Argentina
Vancouver, September 24, 2018 - Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) ("Millennial" or the "Company") is pleased to announce the appointment of Mr. John Edward (Jack) Scott, P. Eng, MBA as a Director of the Company.
Mr. Scott is currently Executive Vice President, Major Projects of the Alberici Group and Chief Administrative Officer for Alberici Constructors Ltd. Scott is responsible for major project and market partnerships throughout North America for Alberici, a $US 2 billion, privately-held construction contractor. Jack's prior roles include senior executive positions in publicly-traded companies including Allana Potash Corp. where he was instrumental in the advancement of Allana's Danakhil Potash Project and its subsequent acquisition by Israel Chemicals Ltd.; NaiKun Wind Energy Group Inc. and AGRA Inc. (now part of Wood Group plc). Jack has also held executive roles in public-private, public and private organizations including Advanced Applied Physics Solutions Inc. at TRIUMF, Canada's national particle physics lab; Atomic Energy of Canada Limited; and ADCOM Inc., (now part of TELUS Corporation).
Farhad Abasov, the President and CEO of the Company, comments "We are excited to have Jack Scott join Millennial Lithium as we strengthen our Board with mining, construction and development experience. Jack brings a tremendous expertise in large project financing and construction. I look forward to taking our lithium brine projects in Argentina to the next level of development and Jack will complement our Board and strong technical team in Salta Province in Argentina."
The Company has also issued 72,000 stock options at an exercise price of $1.78 to Mr. Scott. The stock options are exercisable for a period of 5 years from today's date.
The Company also wishes to announce the resignation of Andrew Bowering as a Director. Millennial thanks Mr. Bowering for his efforts and contributions to date and wishes him the best in his future endeavors. Mr. Bowering will continue in an advisory role with Millennial.
To find out more about Millennial Lithium Corp., please contact investor relations at (604) 662-8184 or email info@millenniallithium.com.
"Farhad Abasov"
President and CEO, Director
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