Clean Air Metals Appoints Jim Gallagher as CEO
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Jim Gallagher
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Dean Chambers
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Clean Air Metals has appointed Jim Gallagher as permanent chief executive officer. In addition, Dean Chambers has been appointed as non-executive chair of the board, replacing Gallagher who has resigned as executive chair of the board.
Jim Gallagher has served as executive chair of the company since early 2020 and on June 2, 2023, assumed the role of interim CEO. Gallagher is a mining engineer and experienced executive who previously was CEO of North American Palladium with its principal asset being the Lac des Iles Palladium mine located approximately 90 km north of Clean Air Metals’ Thunder Bay North Critical Minerals Project. Gallagher assumed the CEO role in 2015 as the company emerged from a CCAA process and over the next 5 years led an operational and financial turn-around of the company culminating in the sale to Impala Platinum of South Africa at the end of 2019 for just under C$ 1 billion.
Dean Chambers has been a director of the company since 2020 and serves as chair of the audit committee and of the governance, nominations and compensation committee. Chambers is a professional engineer and financial executive who retired as executive vice president and CFO of Sherritt International Corporation. Chambers was previously a director and chair of the audit committee at North American Palladium up until its sale to Impala Platinum in 2019. Chambers also serves as a director of Global Atomic Corporation.
“I am pleased to fully take the helm as the company moves forward with the next phase of its development. The priorities are clear, advance the technical studies for the potential development of the project based on the recently published resource estimate, advance the down plunge exploration program, continue with the appropriate environmental and permitting activities and continue to foster true business relationships with the indigenous communities who’s lands, and treaty rights are impacted by our project,” said Jim Gallagher, CEO.
“A key focus will be in attracting strategic investors who potentially can partner with the company for the long-term. The Thunder Bay North resource remains one of the highest-grade, undeveloped Platinum, Palladium deposits outside of Africa with good copper and nickel values; all sought after critical minerals. Given its stable jurisdiction, proximity to reliable infrastructure and market valuation, the Thunder Bay North Project remains a compelling investment opportunity,” added Gallagher.
Clean Air Metals’ primary asset is the 100 percent owned, high grade Thunder Bay North Critical Minerals Project, a platinum, palladium, copper, nickel project located near the city of Thunder Bay, Ontario and just south of the Lac des Iles Mine owned by Impala Platinum. The Thunder Bay North Project hosts the Current and Escape deposits, twin magma conduits that form the basis for the mineral resource estimate reported herein.
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