Champion Electric Announces Management Change
Champion Electric Metals (OTC:CHELF) announced the immediate departure of President and CEO Jonathan Buick due to health reasons. The Board has appointed Nicholas Konkin as Interim President and CEO, while Buick will remain on the Company's Board of Directors.
Konkin brings over 15 years of capital markets and corporate development experience in the resource sector. He was instrumental in Champion Electric's public listing and currently serves as Director of Capital Markets at Grove Corporate Services. His immediate focus will be on strengthening the company's foundation and positioning it for the anticipated metals bull market.
Champion Electric Metals (OTC:CHELF) ha annunciato la partenza immediata del Presidente e CEO Jonathan Buick per motivi di salute. Il Consiglio di Amministrazione ha nominato Nicholas Konkin come Presidente e CEO ad interim, mentre Buick resterà nel Consiglio di Amministrazione della Società.
Konkin vanta oltre 15 anni di esperienza nei mercati dei capitali e nello sviluppo aziendale nel settore delle risorse. Ha avuto un ruolo determinante nella quotazione pubblica di Champion Electric e attualmente è Direttore dei Mercati dei Capitali presso Grove Corporate Services. La sua priorità immediata sarà rafforzare le basi dell’azienda e posizionarla in vista del previsto mercato rialzista dei metalli.
Champion Electric Metals (OTC:CHELF) anunció la salida inmediata del presidente y CEO Jonathan Buick por motivos de salud. La Junta ha nombrado a Nicholas Konkin como presidente y CEO interino, mientras que Buick permanecerá en el Consejo de Administración de la compañía.
Konkin aporta más de 15 años de experiencia en mercados de capital y desarrollo corporativo en el sector de recursos. Fue clave en la salida a bolsa de Champion Electric y actualmente se desempeña como Director de Mercados de Capital en Grove Corporate Services. Su enfoque inmediato será fortalecer la base de la empresa y posicionarla de cara al esperado mercado alcista de metales.
Champion Electric Metals (OTC:CHELF)는 건강 문제로 인해 사장 겸 CEO인 Jonathan Buick의 즉각적인 퇴임을 발표했습니다. 이사회는 Nicholas Konkin을 임시 사장 겸 CEO로 임명했으며, Buick은 회사의 이사회에는 계속 남아 있습니다.
Konkin은 자원 부문에서 자본시장 및 기업 개발 분야에서 15년 이상의 경험을 보유하고 있습니다. 그는 Champion Electric의 상장에 핵심적인 역할을 했으며 현재 Grove Corporate Services에서 자본시장 이사로 재직 중입니다. 그의 즉각적인 과제는 회사의 기반을 강화하고 예상되는 금속 강세장에 대비해 회사를 준비시키는 것입니다.
Champion Electric Metals (OTC:CHELF) a annoncé le départ immédiat du président et PDG Jonathan Buick pour raisons de santé. Le conseil d'administration a nommé Nicholas Konkin président et PDG par intérim, tandis que Buick restera au sein du conseil d'administration de la société.
Konkin apporte plus de 15 ans d'expérience sur les marchés de capitaux et dans le développement d'entreprise dans le secteur des ressources. Il a joué un rôle clé dans l'introduction en bourse de Champion Electric et occupe actuellement le poste de Directeur des marchés des capitaux chez Grove Corporate Services. Sa priorité immédiate sera de renforcer les fondations de l'entreprise et de la positionner en vue du marché haussier attendu des métaux.
Champion Electric Metals (OTC:CHELF) hat den sofortigen Rücktritt des Präsidenten und CEO Jonathan Buick aus gesundheitlichen Gründen bekannt gegeben. Der Vorstand hat Nicholas Konkin zum Interim-Präsidenten und CEO ernannt, während Buick im Board of Directors des Unternehmens verbleiben wird.
Konkin verfügt über mehr als 15 Jahre Erfahrung in den Kapitalmärkten und in der Unternehmensentwicklung im Rohstoffsektor. Er spielte eine maßgebliche Rolle beim Börsengang von Champion Electric und ist derzeit Director of Capital Markets bei Grove Corporate Services. Sein unmittelbarer Fokus wird darauf liegen, die Basis des Unternehmens zu stärken und es für den erwarteten Bullenmarkt bei Metallen zu positionieren.
- Smooth leadership transition with immediate appointment of experienced interim CEO
- New CEO brings 15+ years of capital markets and corporate development experience
- Continuity maintained with former CEO remaining on Board of Directors
- New CEO already familiar with company operations from involvement in IPO process
- Unexpected CEO departure due to health reasons creates uncertainty
- Interim nature of new CEO appointment suggests potential further leadership changes
Toronto, Ontario--(Newsfile Corp. - August 22, 2025) - Champion Electric Metals Inc. (CSE: LTHM) (OTC Pink: CHELF) (FSE: 1QB0) ("Champion Electric" or the "Company") announces that, effective immediately, President and Chief Executive Officer ("CEO") Jonathan Buick has stepped down from his position for health reasons. Jonathan will remain a member of the Company's Board of Directors.
The Company's Board of Directors (the "Board") has appointed Nicholas Konkin as Interim President and CEO, effective immediately, ensuring continuity during this transition.
Director Patrick Highsmith commented: "Jonathan's tenacity and leadership have been instrumental since Champion's earliest days. He successfully navigated challenging market conditions by pivoting the Company to a new commodity and securing a major lithium project in a tier one jurisdiction, hence positioning the Company for its next phase of growth. On behalf of the Board, we sincerely thank him for his contributions and wish him the very best in his recovery."
Nicholas Konkin brings to Champion Electric over 15 years of capital markets and corporate development experience, with a track record of guiding private and public companies in the resource sector. He was part of the team that took Champion Electric public and currently serves as Director of Capital Markets at Grove Corporate Services.
Mr. Konkin stated: "Champion has strong underlying assets and a highly capable board. My immediate priority will be to strengthen the Company's foundation, and ensure it is properly structured to capitalize on the coming metals bull market. Jonathan has been a mentor and a friend, and I join the Board in wishing him a full and speedy recovery."
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 OTCQB 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/263592
FAQ
Why did Champion Electric (CHELF) CEO Jonathan Buick step down?
Who is the new CEO of Champion Electric (CHELF)?
What are Nicholas Konkin's priorities as new Champion Electric CEO?
What experience does Nicholas Konkin bring to Champion Electric?
Will Jonathan Buick maintain any role at Champion Electric?
