Financial Wire

Nio Strategic Metals Announces Executive Leadership Changes; Shares up 9.6%

Nio Strategic Metals (NIO.V) on Thursday appointed Bruno Dumais as chief operating officer, and Jean-Sebastien Blanchette as chief financial officer.The company said Dumais is being promoted from its CFO role. Dumais has more than 30 years of senior management experience, including strategic development and plan execution at various local and international publicly-traded organizations.Blanchette has over 25 years of experience in the fields of finance and natural resources. In a statement the company noted he has worked on Wall Street as senior financial analyst and portfolio manager for various financial institutions, managing "multi-hundred-million-dollar market neutral strategies in the energy and mining sectors.""Mr. Dumais is the right leader for Nio to promote our projects with local stakeholders, governmental agencies and partners," said chief executove Hubert Marleau. "Mr. Blanchette's extensive expertise and passion for leadership, business development and operations will help Nio strengthen partnerships, further develop strategic alliances, and expand our international sales presence."The company's shares were last seen up $0.025 at $0.285 on the TSX Venture Exchange.Price: $0.29, Change: $+0.03, Percent Change: +9.62%

-- Nio Strategic Metals (NIO.V) on Thursday appointed Bruno Dumais as chief operating officer, and Jean-Sebastien Blanchette as chief financial officer.

The company said Dumais is being promoted from its CFO role. Dumais has more than 30 years of senior management experience, including strategic development and plan execution at various local and international publicly-traded organizations.

Blanchette has over 25 years of experience in the fields of finance and natural resources. In a statement the company noted he has worked on Wall Street as senior financial analyst and portfolio manager for various financial institutions, managing "multi-hundred-million-dollar market neutral strategies in the energy and mining sectors."

"Mr. Dumais is the right leader for Nio to promote our projects with local stakeholders, governmental agencies and partners," said chief executove Hubert Marleau. "Mr. Blanchette's extensive expertise and passion for leadership, business development and operations will help Nio strengthen partnerships, further develop strategic alliances, and expand our international sales presence."

The company's shares were last seen up $0.025 at $0.285 on the TSX Venture Exchange.

Price: $0.29, Change: $+0.03, Percent Change: +9.62%