Bmr moving along, interesting article...

Bmr moving along, interesting article

https://markets.*.com/news/stocks/e...f-vice-president-mining-operations-1027584855


ESI Announces Appointment of Vice President, Mining Operations

PRESS RELEASE PR Newswire
Oct. 2, 2018, 03:33 PM

CALGARY, Oct. 2, 2018 /CNW/ - ESI Energy Services Inc. (CSE: OPI) ("ESI" or the "Company") announces that Mr. Ian Ganzer has been appointed to the position of Vice President, Mining Operations for the Company.  Mr. Ganzer will be responsible for overseeing and managing a proposed investment by ESI into an early stage Process Facility and Cobalt Supply Agreement (the "Agreement") with Battery Minerals Resources Limited ("BMR") for BMR's cobalt-focused mineral exploration claims located in Ontario.  BMR is a privately owned Australian multi-commodity battery materials exploration company. Details of the Agreement were announced in an earlier News Release dated May 22, 2018.

Mr. Ganzer has been involved in the mining business since July 2010. He was a co-founder of GS Energy LLC, a coal mining venture located in McDowell County, West Virginia, from July 2007 until July 2010, where he held the positions of Vice President and President. In September of 2016 he joined Conuma Coal Ltd, a metallurgical coal mining company based in Tumbler Ridge, British Columbia, Canada, where he held the position of Vice President, Business Development until September 2017.

Since then, Mr. Ganzer has worked as a consultant with Weston Energy LLC, a Yorktown Portfolio enitity, collaborating on various coal mining ventures, conducting end-to-end operational evaluations and on-site due diligence for potential investments.

Agreement Details

If the project proceeds, ESI would finance, build and operate a cobalt processing facility that would be supplied by feedstock material mined by BMR from its properties in Ontario.  A five-member technical committee is to be established by ESI and BMR to oversee a planned feasibility study for mining operations and to make a recommendation on whether to proceed with the project.  If the project is approved, the technical committee would oversee mining, construction and operations.

About ESI

ESI is a publically-traded company listed on the Canadian Securities Exchange under the symbol OPI. The Company operates in western Canada and the United States of America. The Company, through its operating subsidiaries, ESI Energy Services Inc. ("ESI") and Ozzie's Pipeline Padder, Inc. ("OPI"), supplies (rents and sells) backfill separation machines ("Padding Machines") to mainline pipeline contractors, renewables and utility construction contractors as well as oilfield pipeline and construction contractors.