Black Swan Graphene Inc. has announced that it has decided to increase the size of the board of directors of the Company (the “Board”) and to support the election of Mr. Brad Humphrey as an additional independent director of the Company, who will be nominated at the Annual General Meeting of Shareholders to be held virtually on November 25, 2022.
Simon Marcotte, President and Chief Executive Officer of Black Swan commented: “On behalf of the Board of Directors, I would like thank Brad for his interest in the Company and we are looking forward to welcoming him to the team upon his election at the upcoming Annual General Meeting of Shareholders.”
Mr. Humphrey has over 25 years of international mining experience and is currently the Chief Executive Officer of NiCAN Limited, a Canadian explorer advancing nickel projects in the province of Manitoba. Prior to joining NiCAN, Mr. Humphrey was CEO of QMX Gold, a Canadian resource company which had a strong shareholder base, including Eldorado Gold Corp., Osisko Gold Royalties Ltd., O3 Mining Inc., and Probe Metals Inc. QMX was ultimately acquired by Eldorado Gold in a $132 million transaction. Prior to QMX Gold, Mr. Humphrey worked for Morgan Stanley as an Executive Director and North American Precious Metals Analyst, where he was responsible for growing Morgan Stanley’s North American Gold research coverage. Mr. Humphrey was also a Managing Director and Head of Mining Research at Raymond James and covered precious metal equities at CIBC World Markets and Merrill Lynch. Mr. Humphrey has held a variety of mining industry roles from contract underground miner to CEO. He was also on the board of Royal Fox Gold Inc., until its recent acquisition by Northern Superior Resources Inc.
Mr. Simon Marcotte, the President and Chief Executive Officer of the Company or, failing him, Mr. Greg Duras, the Chief Financial Officer and Corporate Secretary of the Company, being the persons designated in the form of proxy and voting instruction form sent in connection with the Meeting, will use their discretionary authority to cast the votes represented by proxy appointing them at the Meeting for the increase in the size of the Board and for the election of Mr. Humphrey to the Board.
The increase in the size of the Board and the election of Mr. Humphrey were not included in the management information circular dated September 28, 2022 (the “Circular”) nor the form of proxy or in the voting instruction form sent by the Company in connection with the Meeting given that he was identified as a nominee subsequent to the sending of these materials