EnviroLeach Appoints New Chief Financial Officer and Corporate Secretary

VANCOUVER, BC / ACCESSWIRE / June 17, 2020 / EnviroLeach Technologies Inc. (the “Company “or “EnviroLeach”), (CSE:ETI)(OTCQB:EVLLF)(7N2:FSE), a leading innovation company focused on commercializing environmentally sustainable metal extraction solutions for processing E-Waste and mineral concentrates, is pleased to announce the appointment of Nathalie Pilon as Company’s new Chief Financial Officer and Corporate Secretary. Ms. Pilon brings to EnviroLeach a broad experience in corporate and international operational finance. She has worked extensively with publicly listed mining corporations, and has led finance teams through exploration, development, construction, commissioning and operations. She has comprehensive experience in all areas of finance, with an emphasis on reporting and internal controls. Prior to joining EnviroLeach, Ms. Pilon was Director of Finance for Orezone Gold Corporation, held senior positions at Roxgold Inc. and Endeavour Mining Corporation. Nathalie’s experience and skill set will benefit the Company as it ramps up operations and recognizes revenue over the final two quarters of 2020.

“Nathalie brings to EnviroLeach nearly 20 years of experience with a proven track record of leading transactional and financial teams in the roles of Corporate Controller and Chief Financial Officer,” said Duane Nelson, President and CEO. “She possesses a deep understanding of corporate finance and compliance best practices, balanced with considerable operational transformation experience at an international scale. Nathalie has the capabilities to strategically manage our finance and compliance initiatives forward for the success and growth of the Company.”

Ms. Pilon replaces Mr. Don Weatherbee as Chief Financial Officer and Corporate Secretary. The EnviroLeach Board of Directors and management team wish to thank Mr. Weatherbee for his critical contributions from the launch of the Company through development and initial commercialization of its patented technology, and wishes Don continued success in his role with EnviroLeach’s partner, Mineworx Technologies Ltd.

The Board of Directors has granted Ms. Pilon 250,000 stock options at an exercise price of $0.79. The options are valid for a period of five years from the date of the grant, subject to vesting provisions and granted in accordance with the Company’s Stock Option Plan approved by the shareholders on June 14, 2018.

About EnviroLeach Technologies Inc.

EnviroLeach Technologies is engaged in the development and commercialization of environmentally friendly formulas and technologies for the treatment of materials in the mining and recycling sectors. Using its proprietary non-cyanide, water-based, neutral pH treatment process EnviroLeach extracts precious metals from ores, concentrates, and E-Waste using only FDA approved additives and ambient temperature water.

Backed by the momentum of a first-class staff of scientists and engineers, tens of thousands individual assays, independent validations, strategic partners and over $20 million in research and development, EnviroLeach’s technology is emerging as a potential new standard for the provision of eco-friendly methods for the hydrometallurgical extraction of precious metals in both the conventional mining and E-Waste sectors. Further information is available on the EnviroLeach web site:https://EnviroLeach.com

Forward-Looking Statements

This News Release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian and the United States securities legislation. Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words “anticipates,” “believes,” “may,” “continues,” “estimates,” “expects,” and “will” and words of similar import, constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking information may include, but is not limited to, information with respect to our Research and Development activities, the accuracy of our capital and operating cost estimates; production and processing estimates; the results, the adequacy of EnviroLeach’s financial resources and timing of development of ongoing research and development projects, costs and timing of future revenues or profits and adequacy of financial resources. Wherever possible, words such as “plans”, “expects”, “projects”, “assumes”, “budget”, “strategy”, “scheduled”, “estimates”, “forecasts”, “anticipates”, “believes”, “intends”, “targets” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking statements and information. Statements concerning future revenue or earnings estimates may also be deemed to constitute forward-looking information. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be forward-looking information. Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information. Forward-looking information is based on the expectations and opinions of EnviroLeach’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. For the reasons set forth above, prospective investors should not place undue reliance on forward-looking information. The CSE has not approved or disapproved of the information contained herein.

Contact Information :
Jason Leikam
VP Corporate Development
EnviroLeach Technologies Inc.
(604) 282-0601

SOURCE: EnviroLeach Technologies Inc.

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