VANCOUVER, BC — August 15, 2018) — Liberty One Lithium Corp. (“Liberty One” or the “Company”) (TSX.V: LBY) (OTCQB: LRTTF) (FRANKFURT: L1T), an exploration and development company focused on the acquisition and recovery of high grade lithium brine deposits, is pleased to announce the appointment of Mr. Nathan Steinke, CPA, CA to the position of Chief Financial Officer of the Company. Mr. Morgan Tincher has relinquished his role as Chief Financial Officer to allow for the appointment, as well as his position as a Director of the Company.
Mr. Steinke is a highly respected financial professional with over 15 years of experience leading the finance functions for both public and private companies in the international resource sector. Since 2003, Mr. Steinke’s responsibilities have comprised of all financial aspects of the companies including; debt and equity financings, corporate structure design and management, cash flow management and forecasting, legal and regulatory compliance, stakeholder engagement and reporting, dual listing execution and management, and risk management.
Company CEO, Brad Nichol notes, “We are very happy to have Nathan join us at this important stage of change and opportunity for the Company. We have a lot of work ahead and we are certain his efforts will provide great value as we continue to move ahead with our strategic plans to build shareholder value from the exciting lithium brine resource sector.”
The Company has granted a total of 500,000 stock options under its 10% rolling stock option plan to certain officers, directors and consultants to the Company. The options vest at the date of grant, are exercisable at a price of $0.15 per share and will expire on August 15, 2023.
ON BEHALF OF THE BOARD OF DIRECTORS
“/s/ Brad Nichol”
President & CEO
About Liberty One Lithium (TSX.V: LBY) (OTCQB: LRTTF) (FRRANKFURT: L1T)
Liberty One Lithium Corp. is an exploration company focused on the acquisition and development of high grade lithium brine deposits. The Company seeks regions ideally situated for lithium brine production via low-cost and well-proven evaporation methods, and are adjacent to substantive infrastructure and a skilled, experienced labour force. Liberty’s international team is comprised of recognized technical experts that have focused on lithium for decades. The Company is stringently managed with a critical eye on value-creative decision making, aimed at ensuring the Company is well-capitalized and consistently creating value for its shareholders.
Read more at: www.libertyonelithium.com/about-us/summary.
Cautionary Statement Regarding “Forward-Looking” Information
Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as “anticipates,” “plans,” “expects,” “intends,” “is expected,” “potential,” “suggests” or variations of such words or phrases, or statements that certain actions, events or results “may,” “could,” “should,” “would,” “might” or “will” be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond the Company’s control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.