Vancouver, British Columbia, April 6, 2010 - EMC Metals Corp. (TSX:EMC) ("EMC" or the "Company") announces the appointment of Mr. William Harris as non-Executive Chairman of the Board of Directors, replacing William M. Sheriff. Mr. Harris will lead the implementation of EMC's expansion into specialty and exotic metals.
Mr. Harris has served on the Company's Board of Directors since 2006 bringing a wealth of experience growing public companies. He is presently a partner of Solo Management Group, LLC, an investment and management consulting firm. During Mr. Harris' more than 30 year career he has held several prominent roles including having served as the President and CEO of Hoechst Fibers Worldwide, a company involved in the global acetate and polyester business of Hoechst AG. At Hoechst Fibers Worldwide, Mr. Harris managed the business' $5 billion operation including 21,000 employees and production facilities in 14 different countries. Within Hoechst AG and its subsidiaries, Mr. Harris held various positions which included Chairman of the Board of Grupo Celanese S.A., a publicly traded company in Mexico with sales in excess of $1 billion, Vice President - Finance, Chief Financial Officer, Executive Vice President and Director of Celanese Canada Inc., a publicly-traded company in Canada. He was also Vice President, Treasurer and Chairman of the Audit Committee of Hoechst Celanese Corporation. Mr. Harris is currently a director of Gold One International Inc., Golden Predator Royalty and Development Corp. and was previously a board member for Energy Metals Corporation as well as having served as Chairman and Executive Committee member of the American Fiber Manufacturers Association. Mr. Harris has a Bachelors of Arts in English from Harvard College and an MBA in Finance from the Columbia University Graduate School of Business.
Mr. Sheriff, currently Chief Executive Officer (CEO) of the Company, has been appointed Interim President to replace Mr. Peter Bosse who has stepped down as President and Director in order to pursue other interests.
The Company's Board of Directors has appointed a Search Committee whose mandate is to identify potential candidates for the position of Chief Executive Officer and President. The Committee, consisting of Directors William Harris, Daniel Wolfus and consultant William Lupien, will conduct a thorough search for the ideal candidate who will provide leadership for the Company's next phase of development into Scandium and other rare and exotic metals. After conducting its search, the Search Committee will make a recommendation to the Board of Directors, who will make the final decision on the appointment.
Mr. Sheriff stated, "We appreciate the many valuable contributions Peter Bosse has made to EMC, both in his role as President and formerly as the Company's Operating Officer. We wish Peter well in all his endeavors and look forward to benefiting from his expertise as a consultant to the company."
About EMC Metals
EMC Metals is focused on sustainable growth through the development and application of technology for specialty and exotic metals. Through successful business developments, EMC intends to utilize its patented technologies to further its efforts in maximizing opportunities in a number of specialty metals including the Nyngan Scandium Joint Venture with Jervois Mining Ltd. of Melbourne, Australia while also planning for future opportunities from its Carlin Vanadium Project, Fostung Tungsten Project and Springer Tungsten Facility.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and EMC's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, EMC assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.