TSX-V: SIL
VANCOUVER, Jan. 4, 2017 /CNW/ - SilverCrest Metals Inc.
("SilverCrest" or the "Company") is pleased to announce the
appointment of Mr. John Wright to
the Board of Directors of the Company.
Mr. Wright was a founder, director and former President and
Chief Operating Officer of Pan American Silver Corp. He has also
been a director of Lumina Copper Corp., Northern Peru Copper Corp.,
Regalito Copper Corp. and Capstone Mining Corp. The first 10 years
of his career were spent with Teck Cominco where he worked at the
Trail Smelter operations and later participated in the management
of the feasibility studies, marketing and mine construction at the
Afton, Highmont, Bull Moose and David Bell
Mines. Mr. Wright is a Metallurgical Engineer and Honours
graduate of Queens University in
Ontario.
N. Eric Fier, President and CEO, stated: "John brings a
wealth of technical and corporate expertise from a 40-year career
with emphasis on underground mine construction and operations in
Mexico and South America. His success on technical,
corporate and market matters will further enhance our current
Board. As the Company's successful exploration progresses at the
Las Chispas Project in Mexico, Mr.
Wright's skill set in underground mining will be critical for
project development."
The Company granted a stock option under its Stock Option Plan
to Mr. Wright for the purchase of 100,000 common shares of the
Company at an exercise price of $2.55
per share for a five year term expiring January 3, 2022. The stock options vest as
to 25% of the Optioned Shares on each of April 3, 2017, July 3,
2017, October 3, 2017 and
January 3, 2018, respectively and are
subject to any necessary regulatory approvals.
SilverCrest Metals Inc. (TSX-V: SIL) is a Canadian
precious metals exploration company headquartered in Vancouver, BC, that is focused on new
discoveries, value-added acquisitions and targeting production in
Mexico's historic precious metal
districts. The Company is led by a proven management team in all
aspects of the precious metal mining sector, including the
pioneering of a responsible "phased approach" business model taking
projects through discovery, finance, on time and on budget
construction, and production with subsequent increased value to
shareholders.
N. Eric Fier, CPG,
P.Eng
President & CEO
SilverCrest Metals
Inc.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE SilverCrest Metals Inc.
