Comet Lithium announces CEO transition
Jun. 12, 2023 7:59 AM ETComet Lithium Corporation (CLIC:CA), XTRRFBy: Deepa Sarvaiya, SA News Editor
- Comet Lithium (TSXV:CLIC:CA) CEO Mr. Michael Ferreira to step down from his role, effective immediately after the board and Mr. Michael Ferreira mutually agreed on the same. Mr. Ferreira also agreed to resign as director and Chair of the Board.
- The board was informed by Mr. Ferreira that the Autorité des marchés financiers had filed administrative proceedings against Mr. Ferreira before the Tribunal administratif des marchés financiers, alleging that he had, between January 1, 2019 and April 30, 2019, influenced or attempted to influence the market price of the Corporation's shares and created, or contributed to, a misleading appearance of trading activity on, or an artificial price for, the Corporation's shares.
- Mr. Sylvain Champagne, the acting Chief Financial Officer and Secretary, was appointed interim president and CEO, effective immediately.
- Source: Press Release