CSE: CME

MONTRÉAL, Dec. 2, 2019 /CNW/ - Canadian Metals Inc. ("CME" or the "Company") (CSE: CME) announces the appointment of Michel G. Gagnon as Chairman of the Board and CEO on an interim basis.

Following the cancellation of the FeTiv option, the company has gone through a reorganisation of its team and strategy and therefore announce both resignations of Mr. Gerald Panneton as Chairman & CEO, effective immediately and Ms. Patsie Ducharme as Chief Financial Officer effective December 31, 2019.  Ms. Ducharme has offered to support the transition beginning in 2020 as an outside advisor, until a replacement is found.

"On behalf of the board, I would like to thank both M. Panneton and Ms. Ducharme for their contributions to the company and wish them success in their future business ventures," said Mr. Gagnon in a statement.

About Canadian Metals Inc. 

Canadian Metals is a diversified resource company focused on creating shareholder value through the development of large-scale mineral deposits in specific commodities and safe jurisdictions.

Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE Canadian Metals Inc.