(Vancouver, July 11, 2017) – First Energy Metals Limited (the “Company”) announces the resignation of Ronald Lang as a Director and as President and CEO of the Company, effective immediately, to attend to family matters. The Company wishes to sincerely thank Mr. Lang for his tremendous contribution, professional dedication and outstanding administration of the Company in the past four years. Mr. Lang will remain with the Company as an Advisor.
The Company also announces the appointment of Mr. Ernest (“Ernie”) Peters of West Vancouver, British Columbia to the Company’s Board of Directors and as the Company’s new President and CEO. As a veteran mining executive, Mr. Peters brings his global experience in mining and minerals exploration, development and production to the Company where he will be responsible for coordinating a new team to find and develop world class mining assets.
The Company also announces that it has granted, subject to regulatory approval, 900,000 incentive stock options to its directors and officers. The options are exercisable for a period of five years expiring on July 11, 2022 at an exercise price of $0.05 per common share.
On behalf of the Board of Directors of
FIRST ENERGY METALS LIMITED
For further information, contact:
Ernest Peters, President and Chief Executive Officer
First Energy Metals Limited
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