Chief Financial Officer and VP AMI RockChain

Edmonton, Alberta–(Newsfile Corp. – May well 16, 2022) – Athabasca Minerals Inc. (TSXV: AMI) (“AMI”, “Athabasca” or the “Company”) an built-in team of providers that develops & provides industrial minerals, sand & gravel items, specialized products and services, transportation and supply-chain answers announces the subsequent appointments:

David Churchill, as Main Economical Officer (CFO)
Philip Schuman, as Vice President, AMI RockChain Inc.

Mr. David Churchill, CPA, CA, ICD.D is a senior monetary & accounting executive and joins Athabasca with additional than 30 many years experience spanning a number of sectors, such as oil & gas products and services, production & building, servicing & environmental services, and community exercise. Mr. Churchill was previously the CFO for CEDA and Tarpon Vitality Products and services respectively, Vice-President Fiscal Operations & Corporate Secretary for Anthem Attributes Team, and senior manager at KPMG. He also sits on the Board of the Hull Baby and Relatives Basis, serving as the Board Chair. Mr. Churchill is a Chartered Accountant and retains a CPA designation as effectively as ICD.D designation from the Institute of Company Administrators.

Philip Schuman, MBA, CIP joins the Corporation as Vice-President, AMI RockChain. Mr. Schuman provides 10 decades knowledge in marketing and advertising and financial services as an govt, with a latest historical past of developing a privately held financial providers business throughout Western Canada. Mr. Schuman will be centered on escalating and advancing AMI RockChain’s expanding small business portfolio serving the requirements of industry and municipalities across Canada, which consists of prepared launches of RockChain^TM Fiscal, RockChain^TM Co-Op, RockChain^TM Asset Profits, RockChain^TM Logistics, and RockChain^TM SaaS (Program as a Solution), currently in advancement. Mr. Schuman is actively concerned in local community and stakeholder leadership roles including as Board Director, Piikani Expenditure Corporation for the Piikani To start with Nation, and as President & Chairman of the Board for Alberta Sporting activities & Recreation Association for the Blind.

Mark Smith, P.Eng, MBA has resolved to pursue new job alternatives. The Company thanks Mr. Smith for his contributions and services as CFO for the earlier 3 years.

Robert Beekhuizen, Chief Govt Officer of Athabasca Minerals states: “these are remarkable occasions for AMI, as we carry on to increase our business enterprise portfolio, and extend our products and solutions and solutions throughout Canada. I am incredibly pleased to have David Churchill and Philip Schuman be part of the company in their roles as CFO and Vice-President, AMI RockChain respectively. The increasing requires on our business enterprise advancement warrant the executive additions, together with our target on emerging strategic options.”

ABOUT ATHABASCA MINERALS INC.

Athabasca Minerals is an built-in group of firms able of entire lifetime-cycle enhancement and provide of aggregates and industrial minerals. The Company is comprised of the next enterprise units: AMI Silica, (www.amisilica.com) with useful resource holdings and enterprise interests in Alberta, North-East BC, and the United States AMI Aggregates, with aggregates from its corporate pits and which manages the Coffey Lake General public Pit for the Federal government of Alberta Métis North Sand & Gravel which is a strategic partnership with the McKay Métis Team to produce aggregates to the energy, infrastructure, and building sectors in the Wooden Buffalo area AMI RockChain, a technological innovation-enabled business working with its proprietary RockChain™ electronic platform, automatic source-chain and logistics solutions, high-quality-assurance & basic safety courses to produce solutions across Canada and TerraShift Engineering which conducts useful resource exploration, regulatory, mining, environmental and reclamation engineering for a expanding country-wide customer base and is also the developer of its proprietary TerraMaps™ application.

For even further details, be sure to get in touch with:
Cheryl Grue, Director, Company Affairs
Tel: 587-392-5862 / Email: [email protected]

Neither the TSX Enterprise Trade nor its Regulation Companies Service provider (as that phrase is outlined in the procedures of the TSX Enterprise Trade) accepts responsibility for the adequacy or precision of this launch.

Ahead-Searching STATEMENTS

This information launch incorporates sure statements or disclosures relating to Athabasca that are centered on the expectations of its administration as very well as assumptions manufactured by and data currently offered to Athabasca which may possibly constitute forward-looking statements or info (“ahead-wanting statements”) less than relevant securities guidelines. All such statements and disclosures, other than those people of historical truth, which address pursuits, events, outcomes, final results or developments that Athabasca anticipates or expects may, or will arise in the long term (in complete or in part) should really be regarded as ahead-looking statements. In some situations, forward-hunting statements can be determined by the use of the words “would”, “will”, “anticipates”, thinks”, “explores” and comparable expressions.

Athabasca believes the material factors, expectations and assumptions mirrored in the forward-hunting statements are acceptable at this time but no assurance can be specified that these elements, expectations and assumptions will confirm to be accurate. The forward-looking statements included in this news release are not ensures of foreseeable future overall performance and must not be unduly relied upon. This sort of forward-seeking statements include regarded and mysterious threats, uncertainties and other elements that may well result in genuine outcomes or functions to differ materially from those people anticipated in this sort of ahead-searching statements which include, with out limitation: a sizeable expansion in COVID-19 limiting or prohibiting the procedure of the Athabasca’s facilities or noticeably impacting the Company’s provide chain the period and extent of the relatively minimal world oil prices common economic, current market and company circumstances including all those in the event of an epidemic, pure catastrophe or other celebration increased prices and costs reliance on industry partners and certain other risks in depth from time to time in Athabasca’s general public disclosure paperwork including, without the need of limitation, those people challenges discovered in this news release, and in Athabasca’s annual information variety, copies of which are obtainable on Athabasca’s SEDAR profile at www.sedar.com. Also, the duration and affect of the COVID-19 pandemic is not known at this time and it is not probable to reliably estimate the size and severity of these developments and the impression on the economical results and issue of the Enterprise. Readers are cautioned that the foregoing checklist of elements is not exhaustive and are cautioned not to position undue reliance on these ahead-on the lookout statements.

The forward-searching statements contained in this information release are made as of the day hereof and the Corporation undertakes no obligations to update publicly or revise any ahead-on the lookout statements, whether as a final result of new information, long run occasions or in any other case, except so expected by applicable securities laws.