TORONTO, ONTARIO--(Marketwired - Oct. 7, 2013) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (News - Market indicators) announces the appointment of Mr. David Stein to the Company's Board of Directors. Mr. Stein will be instrumental in providing financial and strategic guidance to the Company in its continuing strategy of becoming a low-cost producer of lithium carbonate and potash from its Salar de Diablillos in Salta Province, Argentina. The Company welcomes Mr. Stein to the Board and looks forward to working with him as the Company's strategic focus is realized.
Mr. Stein is an investment manager specializing in natural resource assets and companies and is currently the President and CEO of Aberdeen International Inc., a global resource investment corporation and merchant bank trading on the TSX. Apart from overseeing natural resource investments across the globe, Mr. Stein has also served on a number of public and private resource company boards with a specific focus on Latin America, Asia and Africa. Prior to joining Aberdeen International, Mr. Stein was a mining equities analyst, director and member of the executive committee at Cormark Securities Inc. Mr. Stein joined Cormark's predecessor Sprott Securities Inc. in 2001 and gained experience with equity research, corporate finance and marketing. Mr. Stein holds a Master of Science degree (Economic Geology) and Bachelor of Applied Science (Geological Engineering) from Queen's University, and is a CFA charter holder.
William Randall, President & CEO of Rodinia, commented, "David and Aberdeen have long been supporters of Rodinia and strong believers in the potential of the Diablillos Project. David brings invaluable expertise in the capital markets and a solid network of contacts in South America and across the broader investor universe. We look forward to working more closely with him as he joins our Board of Directors."
Mr. Stein replaces Mr. Dan Bruno who tendered his resignation from the Board. The Company would like to thank Mr. Bruno for his contribution to the Company and wish him success in future endeavors.
About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in Argentina. The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.
Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com.
Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release may be deemed to constitute "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may include, without limitation, statements (express or implied) regarding the appointment, anticipated timing and results of the development of the Diablillos property and the ability of the Company to complete a strategic transaction. There can be no assurance that such statements (express or implied) will prove to be accurate, and actual results and future events could differ materially from such statements. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.
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