TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) — ZEB Nickel Corp. (formerly Blue Rhino Capital Corp.) (“ZEB” or the “Company”) (TSXV:ZBNI) is pleased to announce that John Zorbas has been appointed to the Board of Directors effective November 25, 2021. Mr. Zorbas is an entrepreneur with a proven track record in advanced exploration projects. He has also held senior advisory positions in various facets of business including operations, marketing, sales, strategic planning and finance.
Mr. Zorbas is currently a Director and the Chief Executive Officer of URU Metals Ltd., a company which holds 74.82% of ZEB’s issued and outstanding common shares, through its wholly-owned subsidiary Floza Capital Management Ltd. Mr. Zorbas’ began his career in junior exploration projects in 2006 when he was instrumental in developing the advancement of Niger Uranium Ltd. in 2008 and since that time his experience has expanded to include senior roles in both public and private companies including Management Resource Solutions PLC, MGM Productions Group Inc., Monchhichi PLC (former: Mercom Capital PLC) and he is also a founding shareholder of Asian Coast Development Ltd. More recently, Mr. Zorbas served as Chief Executive Officer and Director of Toronto based Captor Capital, a company for which he oversaw the raising of $70million for the development of retail cannabis assets in California.
Wayne Isaacs, CEO of the Company, states that “We are happy to have John join the board of ZEB. URU is a major shareholder of ZEB and John has had a long history with, and a great understanding of the Zebediela Nickel Project, our principal asset. In addition to the numerous business relations that URU has built over the years in South Africa and more specifically in the Bushveld Complex, John’s insights and perspective on the project will be very valuable as we proceed towards building the Zebediela Nickel Project into a world class advanced exploration project.”
Mr. Zorbas holds an Honors Bachelors in Economics from the University of Toronto.
ABOUT THE COMPANY
The Company controls the rights to the Zebediela Nickel Project located in the Limpopo Province in the Republic of South Africa, near the platinum mining town of Mokopane.
The Company has filed a filing statement dated July 28, 2021 (the “Filing Statement”) under its profile on SEDAR at www.sedar.com. Readers are encouraged to review the Filing Statement, which provides detailed information the business of the Company and the Zebediela Nickel Project.
ON BEHALF OF THE BOARD
Chief Executive Officer
For further information from the Company, contact:
ZEB Nickel Corp.
Chief Executive Officer
Suite 401, 4 King Street,
Phone: (416) 504-3978
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This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws regarding the Company and its business. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to proposed financing activity, proposed acquisitions, regulatory or government requirements or approvals, the reliability of third-party information and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and do not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations. This news release is not an offer of securities for sale in the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration under U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”). The Company has not registered and will not register the securities under the U.S. Securities Act. The Company does not intend to engage in a public offering of their securities in the United States.