Champion Electric Announces Board Member Resignation
Champion Electric Metals (OTC Pink: CHELF) announced on November 6, 2025 that Paul Fornazzari has stepped down from his position as a member of the company's Board of Directors, effective immediately.
The Board will continue to operate with the three remaining members until a suitable candidate is appointed to fill the vacancy.
Champion Electric Metals (OTC Pink: CHELF) ha annunciato il 6 novembre 2025 che Paul Fornazzari si è dimesso dalla carica di membro del Consiglio di amministrazione, con effetto immediato.
Il Consiglio continuerà a operare con i tre membri rimanenti fino a quando non verrà nominato un candidato adatto a colmare il vuoto.
Champion Electric Metals (OTC Pink: CHELF) anunció el 6 de noviembre de 2025 que Paul Fornazzari ha presentado su renuncia como miembro del Consejo de Administración, con efecto inmediato.
El Consejo seguirá operando con los tres miembros restantes hasta que se nombre un candidato adecuado para ocupar la vacante.
Champion Electric Metals (OTC Pink: CHELF)는 2025년 11월 6일 Paul Fornazzari가 이사회 이사직에서 사임했으며 즉시 효력이 발생했다고 발표했습니다.
이사회는 공석을 채우기 위해 적합한 후보가 임명될 때까지 남은 세 명의 이사로 계속 운영될 것입니다.
Champion Electric Metals (OTC Pink: CHELF) a annoncé le 6 novembre 2025 que Paul Fornazzari a démissionné de son poste de membre du conseil d'administration, avec effet immédiat.
Le conseil continuera de fonctionner avec les trois membres restants jusqu'à ce qu'un candidat approprié soit nommé pour combler le poste vacant.
Champion Electric Metals (OTC Pink: CHELF) gab am 6. November 2025 bekannt, dass Paul Fornazzari sein Amt als Mitglied des Vorstands mit sofortiger Wirkung niedergelegt hat.
Der Vorstand wird weiterhin mit den drei verbleibenden Mitgliedern arbeiten, bis ein geeigneter Kandidat gefunden wird, um die Vakanz zu besetzen.
Champion Electric Metals (OTC Pink: CHELF) أَعلنت فِی 6 نوفمبر 2025 أن بول فورناتزاري قد تنحّى من منصبه كعضو في مجلس إدارة الشركة، ساري المفعول فوراً.
سيستمر المجلس في العمل مع ثلاثة الأعضاء المتبقين حتى يتم تعيين مرشح مناسب لملء الشاغر.
- Board continues with three remaining members
- Succession process planned to appoint a suitable candidate
- Immediate resignation of Paul Fornazzari reduced board size
- Board vacancy remains until a replacement is appointed
Toronto, Ontario--(Newsfile Corp. - November 6, 2025) - Champion Electric Metals Inc. (CSE: LTHM) (OTC Pink: CHELF) (FSE: 1QB0) ("Champion Electric" or the "Company") announces that, effective immediately, Paul Fornazzari has stepped down from his position as a member of the Company's Board of Directors.
The Company's Board of Directors (the "Board") will continue with the three remaining members until a suitable candidate is appointed.
About Champion Electric Metals Inc.
Champion Electric is a discovery-focused exploration company that is committed to advancing its highly prospective lithium properties in Quebec, Canada and cobalt properties in Idaho, United States. In addition, the Company owns the Baner gold project in Idaho County (optioned to Legacy Gold Mines Ltd) and the Champagne polymetallic project in Butte County near Arco, Idaho. The Company's shares trade on the CSE under the trading symbol "LTHM", on the OTC Pink under the trading symbol "CHELF", and on the Frankfurt Stock Exchange under the symbol "1QB0". Champion Electric strives to be a responsible environmental steward, stakeholder, and contributing citizen to the local communities where it operates, taking its social license seriously, employing local community members and service providers at its operations whenever possible.
ON BEHALF OF THE BOARD OF CHAMPION ELECTRIC
"Patrick Highsmith"
Patrick Highsmith, Director
To learn more, please visit the Company's SEDAR profile at www.sedarplus.ca or the Company's corporate website at www.champem.com.
For further information, please contact:
Phone: (+1) 416-744-9998
Email: nkonkin@champem.com
THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES IN ANY JURISDICTION, NOR SHALL THERE BE ANY OFFER, SALE, OR SOLICITATION OF SECURITIES IN ANY STATE IN THE UNITED STATES IN WHICH SUCH OFFER, SALE, OR SOLICITATION WOULD BE UNLAWFUL.
Cautionary Statements
Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release. This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by management of the Company, including closing of the Transactions and the prospectivity of the Projects for lithium. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The Projects are at an early stage of exploration, and the Company cautions that the qualified persons who have reviewed and approved this news release have not verified scientific or technical information produced by third parties.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273520
FAQ
Who resigned from Champion Electric's board on November 6, 2025 (CHELF)?
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When did Champion Electric announce the board member resignation for CHELF?
Will Champion Electric (CHELF) immediately appoint a replacement director after November 6, 2025?
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