Metalite Announces Appointment of New CFO

Rhea-AI Summary

Metalite Resources Inc. (JNCCF) has appointed Kyle Appleby as its new Chief Financial Officer, effective June 11, 2025. Appleby brings over 20 years of experience in finance, accounting, auditing, and regulatory compliance. He is a Chartered Professional Accountant in good standing with CPA Canada and CPA Ontario, having served as CFO for both public and private companies. The appointment comes as the company bids farewell to outgoing CFO Mr. Sheopaul. CEO Chris Hazelton expressed confidence in Appleby's leadership and expertise as a valuable addition to the company's executive team.

Positive

• New CFO brings over 20 years of expertise in finance, accounting, and regulatory compliance
• Appointment of qualified Chartered Professional Accountant with experience in both public and private companies

Negative

• Management turnover with departure of previous CFO could lead to temporary transition challenges

Toronto, Ontario--(Newsfile Corp. - June 11, 2025) - Metalite Resources Inc. (CSE: METL) (OTC Pink: JNCCF) (FSE: D68) ("Metalite" or the "Company") is pleased to announce that its Board of Directors has appointed Mr. Kyle Appleby as Chief Financial Officer effective June 11, 2025.

"We are pleased to welcome Mr. Appleby to the team," said Chris Hazelton, CEO of Metalite. "He is a highly experienced CFO with more than two decades of expertise in finance, accounting, auditing, and regulatory compliance. His leadership will be a valuable asset to the Company."

Mr. Appleby has held Chief Financial Officer roles in both public and private companies and is a Chartered Professional Accountant in good standing with CPA Canada and CPA Ontario.

The Company also extends its sincere thanks to Mr. Sheopaul for his contributions and wishes him continued success in his future endeavors.

About Metalite Resources Inc.

Metalite Resources Inc. is a Canadian junior mineral exploration issuer with a precious metals focused project in NSW, Australia.

Contact Information

Metalite Resources Inc.
Chris Hazelton, CEO
(647) 660-8718
info@metaliteresources.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release, and have in no way passed upon the merits of the proposed transactions and has neither approved nor disapproved the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/255272

FAQ

Who is the new CFO of Metalite Resources (JNCCF)?

Kyle Appleby has been appointed as the new Chief Financial Officer of Metalite Resources, effective June 11, 2025.

What qualifications does Kyle Appleby bring to Metalite Resources as CFO?

Kyle Appleby is a Chartered Professional Accountant with over 20 years of experience in finance, accounting, auditing, and regulatory compliance, having served as CFO in both public and private companies.

When does Kyle Appleby start as CFO of JNCCF?

Kyle Appleby's appointment as CFO of Metalite Resources is effective June 11, 2025.

Who did Kyle Appleby replace as CFO at Metalite Resources?

Kyle Appleby replaced Mr. Sheopaul as CFO of Metalite Resources.