10:44:54 EST Thu 07 Dec 2023
Enter Symbol
or Name

Slam Exploration Ltd (3)
Symbol SXL
Shares Issued 67,863,762
Close 2023-09-22 C$ 0.045
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Slam Exploration appoints Inwentash as director

2023-09-25 13:14 ET - News Release

Mr. Mike Taylor reports


Slam Exploration Ltd. has appointed Jakson Inwentash as a new independent director to the board of directors, effective immediately.

Mr. Inwentash is the vice-president of investments and a director of ThreeD Capital Inc., where he focuses on identifying, researching and meeting with early-stage companies in various disruptive industries in which to invest. Previously, he worked in investment banking for Gravitas Securities Inc., where he conducted due diligence of public and private companies, built marketing materials for clients, and developed financial models. Mr. Inwentash also worked for the Bank of Montreal in several departments within the wealth management line of business, including ETF (exchange-traded fund) products, fundamental equities, private banking and InvestorLine. Mr. Inwentash currently serves on the board of directors and audit committee of First Tidal Acquisition Corp., a TSX Venture Exchange capital pool company, is a director of Nirvana Life Sciences Inc., and he is a dealer representative at Ascenta Finance Corp.

"We are delighted to welcome Mr. Inwentash to the board," said Mike Taylor, president and chief executive officer of the company. "We look forward to gaining valuable perspective from his wealth of experience and knowledge."

Slam intends to continue with its aggressive pursuit of new projects to create shareholder value. The company will generate value from its large portfolio through option and joint venture agreements and may consider a spinout of certain projects into a potential new company.

About Slam Exploration Ltd.

Exploration for gold along regional fault structures has resulted in significant gold discoveries in the mineral-rich province of New Brunswick. These include the Maisie gold vein system at Slam's wholly owned Menneval project. With gold and copper trends up to 20 kilometres long, Slam has identified an area with high potential for additional gold discoveries and acquired the Shadow Lake, Jake Lee, Rogers Lake and Highway projects. The Highway project has known occurrences of cobalt, copper, zinc and silver as well as gold. These projects are associated with the Fundy fault zone and located in southwestern New Brunswick where Galway Metals recently announced a 2.3-million-ounce gold deposit at Clarence stream. Targeting critical elements as well as gold, the company aggressively pursues new exploration opportunities such as the recently acquired Mine Road project with known occurrences of zinc, lead, copper and silver in the Bathurst mining camp. The company is evaluating the Cumberland Bay rare earth element (REE) project in central New Brunswick.

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