VANCOUVER, British Columbia, July 06, 2017 (GLOBE NEWSWIRE) -- Volt Energy Corp. (“VOLT” or the “Company”) (TSXV:VOLT) (Frankfurt:A1S.F) (OTC:ABETF), is pleased to announce the appointees to its newly created Advisory Board. The Advisory Board constituents possess a diverse set of expertise in disciplines such as rare earths & specialty metals, geology, mineral exploration, business development and finance. The aim of the Advisory Board is to compliment and round out the existing management team and board of directors.
Alastair Neill – Senior Advisor
Mr. Neill is a renowned international expert with extensive sales and corporate development experience within the Rare Earth industry. Alastair currently serves as the Director of Business Development for Rare Earth Salts, a leading industrial applications technology company that has developed a patent pending process proven to efficiently and economically separate and refine all 16 Rare Earth Elements to high purity. He has served on RES’ Board of Advisors since 2014 and also serves as a director of Mason Graphite Inc. Alastair has demonstrated a strong track record of driving revenue growth worldwide in the Rare Earth’s sector. At AMR Technologies (pre-cursor to Molycorp), Alastair led international sales and two China-based JVs, managing its P&L and overseeing 900 employees, including sales, production and R&D personnel. Ultimately, they grew the business to become the second leading supplier in industry, and as a result, Alastair was recognized with the Supplier of Excellence Award from Engelhard Corporation (now BASF). At AMR, he oversaw sales for the Rare Earth Division in Japan, South Korea, North America and Europe achieving 80% market penetration in South Korea and overall global market share of 12%. With Dacha Strategic Metals, he developed and successfully implemented a program to purchase rare earths inside China to develop a strategic inventory outside the country. Most recently, Alastair has been president of Trinity Management, an engineering consulting company for 10 years and has advised on a number of Rare Earth projects globally. Alastair holds a Bachelor of Engineering (Material Science) from University of Western Ontario and an MBA from York University.
Rick Vanderhorst - Senior Geological Advisor
Mr. Vanderhorst has thirty years of extensive experience in minerals exploration, a decade of that in senior management positions in precious metals, base metals, uranium, and diamonds across Canada, the United States and Mexico. As a Senior Geologist and Exploration Manager, Mr. Vanderhorst has administered major foreign and domestic programs and directed innovative and highly technical exploration groups which generated quality projects or acquisitions that were developed into producing discoveries. He supervised exploration teams that lead to the discovery of two producing gold mines in Saskatchewan, as well as the discovery of a significant gold deposit in Nevada. As President of Cencan Exploration, he was involved in the evaluation and acquisition of gold, base metal and diamond properties in Canada, successfully executing numerous option agreements. Mr. Vanderhorst also worked for eight years as a Power Trader during the initial start of the deregulated electricity market in Ontario. More recently, he has been active as a technical advisor to the Ivany Mining Group. Mr. Vanderhorst is a Professional Engineer and Professional Geoscientist registered in the province of Saskatchewan.
Thomas Clarke – Geological Advisor
Tom has vast international mineral exploration experience having worked in North America, South America, Africa and Russia. He has been a board member of various public and private companies since 2010 and is currently a Director of Cannabix Technologies Inc. and Calaveras Resource Corp. Throughout his career, Tom has worked for a variety of resource companies including Largo Resources, ETK, Gold Canyon Resources, Sacre Coeur Minerals, Pan African Mining, Bema Gold Group, and Geo Activ. He applied his knowledge and experience by working as a subject matter expert at the Southern Alberta Institute of Technology (“SAIT”) where he drafted course curriculum for Alberta Education’s Energy Literacy program. Tom was a co-founder, President, CEO and Director of Nanoose Gold Limited, a private Canadian focused gold exploration company that was acquired in 2010. He was also a founder of another private gold company, Laurier Gold that successfully sold its Quebec mining assets to various public companies. Previously, under his geological leadership as a Director, Bonterra Resources defined the first NI 43-101 compliant gold resource for its Eastern Extension gold project in Quebec. Tom also has considerable experience in the oil and gas sector having worked in a consulting capacity with various E&P companies in the Western Canadian Sedimentary Basin such as Tourmaline Oil Corp, Altura Energy, Petro Canada and Centrica. Primary responsibilities in these mandates have been focused around geological supervision of drilling horizontal oil and gas wells in Alberta, British Columbia and Saskatchewan. Mr. Clarke is registered as a Professional Geoscientist “P.Geo” with APEGBC and APEGA. He is also registered as a Professional Natural Scientist-Geoscience with the South African Council for Natural Scientific Professionals (“SACNASP”). He studied as an international student at the University of the Witwatersrand in Johannesburg, South Africa where he completed both a Master of Science and Bachelor of Science with Honours in Geology. Tom also holds a Bachelor of Science in Geography from the University of Lethbridge in Alberta.
Svetlana Moldokulova – Advisor
Mrs. Svetlana Moldokulova is a Kyrgyzstan based Professional Engineer who has extensive contacts in Central Asia specifically in Kazakhstan, Uzbekistan and Kyrgyzstan. She is a seasoned professional with over 25 years of experience in her field. Svetlana has held senior leadership positions within the Kyrgyzstan Government Ministry and has been working successfully in the private sector for the past 15 years. The Vanadium reconnaissance program is currently underway with potential target licenses initially being investigated in Kyrgyzstan and Kazakhstan.
Michael Minder – Corporate Advisor
Mr. Minder is a seasoned finance professional with over 17 years of international banking experience. He previously held senior leadership roles in asset and wealth management for Credit Suisse Group in both Switzerland and North America, managing assets of high-net-worth accounts. In 1998, he left the Credit Suisse Group to form his own firm, providing international investment banking and investor relations advisory services to numerous U.S., Canadian and European listed companies. Throughout his career, Mr. Minder has been instrumental in capital formation mandates for growth-stage companies, having been directly involved in financing transactions in excess of $100 million.
About the Company
Volt Energy Corp. is an energy company that currently has stable oil production through operations in southeastern Saskatchewan. The Company is focused on adding, creating and increasing value through the acquisition, development and production of conventional oil and gas assets as well as alternative energy sources such as cobalt, lithium and vanadium, particularly in North America.
For additional information on Volt Energy Corp., contact David Parry at (604) 889-2188.
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Certain statements contained in this press release constitute forward-looking information as defined by law including without limitation Canadian securities laws and the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995 (“forward-looking statements”). These forward-looking statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. All statements including, without limitation, statements relating to the Company’s properties and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current or future exploration activities, fluctuating commodity prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.