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Copper Quest Exploration Inc. — Board/Management Information 2021
May 26, 2021
47745_rns_2021-05-25_69fada5b-4c08-421f-a1dc-e7fa8e4a5383.pdf
Board/Management Information
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FORM 51-102F3 MATERIAL CHANGE REPORT
Item 1. Name and Address of Company
IMC International Mining Corp. (the “ Company ”) Suite 2200, 885 West Georgia Street Vancouver, British Columbia Canada V6C 3E8
Item 2. Date of Material Change
May 25, 2021
Item 3. News Release
The Company disseminated a news release in respect of the material change referred to in this report on May 25, 2021, through Accesswire and a copy was subsequently filed on SEDAR.
Item 4. Summary of Material Change
On May 25, 2021, the Company announced the appointments of Jason Nickel and David McAdam as directors of the Company.
Item 5: Full Description of Material Change
The Company announced the appointments of Jason Nickel and David McAdam as directors of the Company effective immediately.
Mr. Nickel is an experienced mining engineer, investor and entrepreneur with a diverse 25-year mining background in operations, engineering, feasibility and exploration / development of venture capital projects. Most recently he held position as Mine Manager for a significant Canadian emerging producer, leading the production and development of new underground and pit operations. He has provided management and consulting services to the industry since 2008. Since 2011, Jason has served on three previous TSX-V / CDNX boards of directors and has been heavily involved with several other junior resource public companies and mining project start-ups. He holds a degree in Mine Engineering from UBC and a GDBA in Business Administration from SFU Segal School of Business. His experience includes several roles from Mine Planner, Sr. Mine Engineer, Mine Foreman, to Chief Engineer, Mine Manager and VicePresident.
Mr. David McAdam, B. Com., has over 30 years of finance and operations experience in large and small capitalization companies, where has been the financial lead in raising over $250 million in equity and securing over $100 million in debt. Mr. McAdam has been the financial and/or operational lead in over 90 acquisitions, including the integration of the target companies. Mr. McAdam has been the Chief Financial Officer of several public and private companies including a number of public and private BC-based mining companies (one a Vancouver-based TSX company with producing assets in South Africa and public reporting across the TSX-AIM-JSE exchanges). Other sectors include for-profit provider of English as a Second Language training to foreign students (Executive advisory and Investor Relations), a Fortune 150 waste management/recycling company (VP Ops and Director of Finance). These roles required reporting to public company Audit, Safety and Risk Committees along with full Board presentations in a Fortune 150 Company. Most recently David has been providing executive advisory consulting services to small and medium sized start-up enterprises leveraging his extensive experience in financial/operational integration/optimization and measurement, financial planning and analysis (including annual budgets and
rolling forecasts), mergers and acquisitions (buy and sell side), due diligence, investor relations (TSX.V and JSE), systems strategy, implementation oversight and management, risk management and regulatory compliance.
Mr. Nickel and Mr. McAdam as independent directors will form the majority of the Company’s audit and Corporate Governance Committees.
The Company also thanks Mr. Faizaan Lalani for his contributions as he recently stepped down as a director and Chair of the Company’s Audit Committee to continue building his accounting practice.
Item 6. Reliance on Subsection 7.1(2) of National Instrument 51-102
This report is not being filed on a confidential basis.
Item 7. Omitted Information
There are no significant facts required to be disclosed herein which have been omitted.
Item 8. Executive Officer
Dave McMillan, Interim Chief Executive Officer Telephone: 778-773-4560
Item 9. Date of Report
May 25, 2021
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