NRG METALS INC.
ABOUT THE COMPANY
NRG Metals Inc. is an exploration stage company focused on the advancement of lithium brine projects in Argentina. It is currently drilling the 29,000 hectare Salar Escondido Lithium Project, in Catamarca province where the company recently completed the first drill hole that proved the Company’s conceptual model of a buried lithium brine target.
In addition to the Salar Escondido lithium project, the Company is evaluating the 3,287 hectare Hombre Muerto North lithium project (“HMN”) in the province of Salta. The HMN is located at the northern end of the prolific Hombre Muerto Salar, adjacent to FMC’s producing Fenix mine and Galaxy Resources’ Sal de Vida development stage project. The company has been awarded a contract for the initial diamond drilling. The drilling is expected to commence in early-April, depending upon weather conditions.
The Company currently has working capital of $3.1 million dollars. The Company plans to use its working capital to fund the ongoing exploration drill programs at the Salar Escondido and HMN Projects.
The Company currently has approximately 107 million shares issued and outstanding, and trades on the TSX Venture Exchange under the symbol NGZ, on the OTCQB Market under the symbol, NRGMF, and on the Frankfurt Stock Exchange under the symbol, OGPN.
NRG Chief Operating Officer discusses NRG Properties and Opportunities
1. World Class Management Team
2. Two drilling projects underway in Lithium Triangle, Argentina
3. Sizeable Properties adjacent to leading Lithium-Brine producers
4. Fully Funded by Chemphys
- a high-purity Lithium battery producer in China
BOARD OF DIRECTORS
Adrian F.C. Hobkirk
PRESIDENT & CHIEF EXECUTIVE OFFICER, DIRECTOR
Mr. Hobkirk has 26 years of experience in the mining and venture capital industry, beginning with Norgold Resources in 1990, which was ultimately purchased by BEMA Gold. Mr. Hobkirk has been involved in Guyana for over twenty years and founded the company to develop the Groete Gold Copper Deposit in 2006. He has worked in many countries including Canada, Mongolia, Venezuela, Guyana, Chile, Colombia, the United States and Mexico. He has been involved in mineral exploration and technology ventures, and has extensive public company experience. He holds a BA in Economics from Simon Fraser University and is the largest single individual shareholder of the Company.
José Gustavo de Castro
DIRECTOR & CHIEF OPERATING OFFICER
Mr. de Castro is a chemical engineer with extensive experience in the evaluation and development of lithium projects. From 2010 to 2015, he was country manager of Orocobre Ltd. for Argentina, during which time he grew the company from 10 employees to over 800 during construction and 200 in operation. His accomplishments during this period include the exploration and development of the $US300 million Olaroz Salar lithium project to commercial production. In addition, he supervised the exploration of the Salinas Grandes salar, and was responsible for the development of a new process patent for lithium carbonate battery grade production. Prior to Orocobre, he served as Assistant Superintendent at the lithium division of FMC Corp., which operates South America’s largest lithium project at the Hombre Muerto salar. He holds an M.B.A. degree from the Institute for Executive Development, Antofagasta, Chile. He graduated as a chemical engineer from the University of Salta, Argentina, and graduated in the C.E.O. program at Kellogg School in Northwestern University in Chicago.
Ms. Dai has 7 years of experience in the lithium industry and is responsible for business development and is a director for Chengdu Chemphys Chemical Industry Co., Ltd. In her role at Chemphys, Ms. Dai has been involved in developing strategic partnerships, international markets and procurement. Prior to joining Chemphys, Ms. Dai was an investment banking analyst at J.P. Morgan Australia in the mining and metals team. Ms. Dai holds a double degree in Bachelor of Laws and Bachelor of Commerce from the University of Western Australia.
Allen V. Ambrose
Mr. Ambrose has nearly three decades of experience in the mining industry, including work with large companies as well as junior exploration companies. He was a director of Minera Andes from November 1995 until its combination with McEwen Mining in January 2012. Mr. Ambrose also served as President and Chief Executive Officer of Minera Andes from 1995 until June 2008. Mr. Ambrose has extensive experience in all phases of exploration, project evaluation and project management, and has worked as a geologic consultant in the US, Venezuela, and Argentina. As a consultant, he was a co-discoverer of a Venezuelan auriferous massive sulfide deposit acquired by Gold Reserve Corporation and known generally as the Brisas deposit. He holds a BS in Geology from Eastern Washington University.
Gordon K. Neal
Gordon Neal has more than 35 years experience in governance, corporate finance and investor relations. He founded Neal McInerney Investor Relations in 1991. Through marketing more than $4 billion in debt and equity financings, the company grew to be the second largest full service Investor Relations firm in Canada with offices in Vancouver, Toronto and Los Angeles. Clients included; BCE, Nortel, Bell Canada International, Bell Mobility, Clearnet, Intrawest, Canaccord Capital, BMO Nesbitt Burns, and Blackberry (RIM). Mr. Neal was VP Corporate Development at MAG Silver Corp. where he provided capital market strategies and solutions to the board. He is currently VP Corporate Development for Silvercorp Metals Inc.. Mr. Neal has served on the board of Falco Resources, Balmoral Resources, Americas Petrogas, Rockgate Capital, and Xiana Mining. Mr. Neal has raised more than $500 million for resources companies since 2004. Mr. Neal graduated from Dalhousie University with a B.Sc. in Biochemistry. 1977. He has also served as a member of the Dalhousie University Senate and Board of Governors.
Christoper P. Cherry
Director & Chief financial Officer
Mr. Cherry has over 14 years of corporate accounting and audit experience. Mr. Cherry has extensive corporate experience and has held senior-level positions for several public mining companies, including director, CFO and secretary. Mr. Cherry has been a chartered accountant since February, 2009, and a certified general accountant since 2004. In his former experience as an auditor, he held positions with KPMG and Davidson and Co. LLP in Vancouver, where he gained experience as an auditor for junior public companies and as an initial public offering specialist. Mr. Cherry served as CFO of the Company in 2012 and 2013, and has extensive knowledge of business in Guyana.
Fernando E. Villarroel
Direct & Project ManagerMr. Villaroel has 12 years of experience in the mining industry in Argentina with a focus on Lithium process development. From 2009 to 2013 he worked with Lithium Americas Corp. (Minera Exar S.A.) as Project Manager which included construction management and commissioning of the initial pilot evaporation facilities and laboratory at the Cauchari Olaroz Lithium Project. He has also acted as a consultant to Neo Lithium and International Lithium Inc. He holds a degree in Industrial Engineering and has specialized training in Data Modeling & Analysis for Business and Engineering from M.I.T.
Ms. Urata brings over 20 years experience in public company corporate finance and securities related matters including her years as a paralegal at McMillan. She also serves as Corporate Secretary of other TSX Venture issuers.
José Louis Martín
Manager of Exploration & New Business
Dr. Martín has over 35 years of experience in the mining industry, including exploration, development operations and community and governmental relations. In the field of Lithium, Dr. Martín served as the Catamarca representative for Galaxy Lithium S.A. from 2010 to 2013 where he participated in the development of the feasibility study for Galaxy’s Sal De Vida project in the Salar de Hombre Muerto. Other positions include General Manager of the Aqua Rica porphyry copper project in Catamarca for Rio Tinto during the feasibility study stage and from 1993 to 2005, and he served as Senior Geologist in charge of project generation Argentina for Rio Tinto Mining and Exploration. From 1980 to 1993 he served in various positions including Chief Geologist for Minera Aguilar, a subsidiary of St. Joe Minerals. He holds a Doctorate in geology from the National University in Salta, Argentina, and an undergraduate degree in geology from the National University in Cordoba, Argentina.
James K. Duff
Director NRG Metals Inc. Argentina S.A.
Mr. Duff has over 40 years of diverse experience in international mining. He has been active in Argentina since the 1980’s when he was the Chief Geologist at St. Joe Mineral’s Aguilar mine in Jujuy province. More recently, Mr. Duff was the Chief Operating Officer of Minera Andes, which owns 49% of the San Jose gold-silver mine in Santa Cruz, Argentina and 100% of the giant Los Azules porphyry copper deposit in San Juan, Argentina. Before that, he was President of South American Operations for Coeur Mining, where he was responsible for Coeur’s mining operations in Argentina and Chile. Mr. Duff has also worked for Bond International Gold, St. Joe Minerals, the Bunker Hill Company, Copper Range Corporation and Newmont Mining Company. He earned a BS degree in geology from the Mackay School of Mines at the University of Nevada and an MS degree in geology from the University of Idaho. He has completed the Program for Management Development at the Harvard School of Business as well as graduate studies in international business management. He is a past President and honorary Life Member of the Northwest Mining Association. Mr. Duff is fluent in Spanish.
Fernando E. Villarroel
Direct & Project Manager
Mr. Villaroel has 12 years of experience in the mining industry in Argentina with a focus on Lithium process development. From 2009 to 2013 he worked with Lithium Americas Corp. (Minera Exar S.A.) as Project Manager which included construction management and commissioning of the initial pilot evaporation facilities and laboratory at the Cauchari Olaroz Lithium Project. He has also acted as a consultant to Neo Lithium and International Lithium Inc. He holds a degree in Industrial Engineering and has specialized training in Data Modeling & Analysis for Business and Engineering from M.I.T.
Managing Director NRG Metals Inc. Argentina S.A.
Mr. Vargas has been a practicing lawyer in Mendoza, Argentina with Vargas Galindez Abogados since 2004. He has many years of experience in the mining industry in Argentina. He holds a law degree from the Universidad de Mendoza, Argentina (2001), a Masters of Business Law from the University of Wales, Aberystwyth (2002), an MBA from University of Wales, Aberystwyth (2004), and a Programa de Direccio Gerencial , IAE Business School, Buenos Aires , Argentina (2007).