Nevada Lithium Announces Appointment of Gary Seabrooke to Board of Directors

VANCOUVER, British Columbia, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Nevada Lithium Resources Inc. (CSE: NVLH; OTCQB: NVLHF; FSE: 87K) (“Nevada Lithium” or the “Company”) is pleased to announce the appointment of Gary Seabrooke to its Board of Directors.

Nevada Lithium’s CEO, Stephen Rentschler, comments: “We are pleased to announce that Gary has joined our Board of Directors as a representative of Ramphastos Investments, founded and owned by Mr. Marcel Boekhoorn, a new strategic shareholder that the Company reported to the market on June 20, 2023. Gary has a wealth of expertise that will greatly assist in advancing Nevada Lithium’s Pre-Feasibility Study and re-commencement of the search for lithium brines at Bonnie Claire. We are fortunate to have an individual of Gary’s caliber join our Board of Directors and warmly welcome him.”

Background

• Over a 35-year career, Gary has developed resources and managed projects in Australia and Africa. His expertise encompasses a spectrum of skills including deep-hole drilling, mine management, and rail & road transport logistics. In particular, Gary has broad experience with various methods of drilling in multiple rock types to extended depths. This will facilitate Nevada Lithium’s ability to develop all forms of potential lithium resource that may exist at Bonnie Claire.
  
  
• Ramphastos Investments is a venture capital and private equity firm dedicated to driving topline growth in enterprises through all stages of their evolution: from start-ups to scale-ups to high-growth medium-sized companies and mature enterprises. It currently holds interests in over 30 companies with a combined annual revenue of almost €5 billion, employing more than 9,000 people across a range of sectors varying from financial and business services, gaming, health care, new materials, advanced manufacturing and energy spanning all continents. Mr. Boekhoorn started his career in 1981 with Deloitte & Touche as a chartered accountant, going on to become its youngest partner to date in 1991 before founding Ramphastos Investments N.V. in 1994. By focusing on value creation through incubating and growing market-leading companies, Marcel and his team have had many successful exits including Bakker Bart, Cocachoc, Boemer Groep, Novaxess, Telfort, Motip Dupli, Sim Industries, Vereenigde Havezathen and the High Tech Campus Eindhoven. Mr. Boekhoorn’s philanthropic interests include wildlife preservation and promoting sport globally, among others.