First Lithium Appoints New Director
First Lithium Minerals (FLMCF) has appointed Deepak Varshney to its board, replacing Ernest Mast, who is stepping down for other business commitments.
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Rhea-AI Summary
First Lithium Minerals (FLMCF) has appointed Deepak Varshney to its board, replacing Ernest Mast, who is stepping down for other business commitments. Mast will remain an advisor to the company.
Varshney is a professional geologist with more than fifteen years of mineral exploration and development experience. He serves as CEO and a director of Formation Metals and has raised more than $75 million for exploration companies over the past three years. First Lithium plans an inaugural drilling campaign at its Ascotan project in Chile, with potential resource delineation as a goal.
Positive
- Minor point. Forward-looking: it has not happened yet and may not happen.First Lithium plans its inaugural drilling campaign at Ascotan, working toward potential resource delineation.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Toronto, Ontario--(Newsfile Corp. - October 27, 2026) - First Lithium Minerals Corp. (CSE: FLM) (OTC Pink: FLMCF) (FSE: X28) ("First Lithium" or the "Company") is pleased to announce the appointment of Deepak Varshney to the Company's Board of Directors. Mr. Varshney will replace Ernest Mast who will be stepping down due to other business commitments. Mr. Mast has been a Board member since 2021 and will remain an advisor to the Company.
Mr. Varshney is a professional geologist with more than fifteen years of experience in mineral exploration and development, complemented by considerable capital markets expertise. He serves as CEO and a director of Formation Metals and has raised more than
Rob Saltsman, President & CEO of the Company, commented: "On behalf of the Board, I would like to sincerely thank Ernest Mast for his exceptional expert advisory and commitment through a critical period of going public and positioning First Lithium as an exciting lithium exploration project with the potential to become a world-class lithium brine resource in Chile. We look forward to working with him and benefiting from his counseling in his capacity as an advisor to the company.
We are also delighted to welcome Deepak Varshney to the Board. As the Company transitions to its planned inaugural drilling campaign at the Ascotan project, Deepak's professional geological background, combined with his industry experience and perspective, will be instrumental as we advance towards potential resource delineation."
About First Lithium Minerals
First Lithium Minerals is a Canadian mineral exploration and development company. The Company is exploring for lithium and alkali metals at its
Additional information about the Company is available on the Company's website: www.firstlithium.ca
For further information please contact:
First Lithium Minerals Corp.
40 King Street West, Suite 2400
Toronto, Ontario
M5H 3Y2
Tel: 416-402-2428
Email: rob@firstlithium.ca
Rob Saltsman, CEO and Director
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/321124
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