Luna Lithium Ltd. Appoints New Director
Vancouver, British Columbia--(Newsfile Corp. - January 29, 2024) - Luna Lithium Ltd. ("Luna Lithium" or the "Company") is pleased to announce the appointment of Erez Ichilov to the Board of Directors.
Erez Ichilov is a seasoned mining and metals executive, director, advisor and investor, with a legal and financial background, focused now mainly on responsible mining of Battery Materials and other Critical Minerals, and sustainable and processing technologies enabling the transition to renewable energy sources and electric transportation on route to global Carbon neutrality.
As a Managing Director at Traxys Project LP, the investments and projects arm of the Traxys Group, a well-established global physical trading house with an annual turnover of ~US$10 billion and approximately 500 employees, he led the direct and pooled investments Traxys made into Li-Cycle Holdings Corp. (NYSE: LICY), Nouveau Monde Graphite (TSXV: NOU), Talon Metals (TSX: TLO) and Nemaska Lithium (exchanged in 2022 for Livent Corp. (NYSE: LTHM) shares), into a private Manganese company is South Africa, and more.
Previously, Mr. Ichilov was the Deputy CEO - Corporate Development of the Ferro-Nickel miner and producer Cunico Resources N.V (2008-2012), then an important producer of refined Ferro-Nickel in its two plants and integrated mines in Kosovo and North Macedonia, acquired mines in Guatemala and cooperated and traded with mines in Indonesia, Philippines, Albania and Turkey, and had approximately 3,000 employees and reached annual production of approximately 30,000 tons of nickel (contained in Ferro-Nickel).
Emily Hersh, Luna Lithium's CEO, commented:
"It is with great enthusiasm that I formally welcome Erez Ichilov to Luna Lithium's board of directors. I have trusted Erez's advice and guidance in the battery minerals space for many years, and his counsel has been instrumental to my decision to found Luna Lithium. Erez's experience across the battery supply chain includes understanding project development from opening new markets through the realities of physical trading. He has repeatedly demonstrated a willingness to roll up his sleeves and think outside the box, and I believe he will be instrumental in advancing Luna through our next phase of development."
About Luna Lithium Ltd.
Luna is a private Canadian exploration company with projects in South America. It was founded in 2021 by Emily Hersh and is focused on hard rock lithium targets in Brazil and Paraguay.
ON BEHALF OF THE BOARD,
Hamish RM Fraser
Vice President | Corporate Development
Mobile: +1(775) 990-2557 | Email: Hamish@lunalithium.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
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 the management of the Company. 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/196076
