Clean Air Metals Inc. announced the appointment of Mike Garbutt as its Chief Executive Officer (CEO) effective July 1, 2024. Mr. Garbutt, a seasoned mining professional with a record of success, has significantly contributed to the Company's strategic vision and development as COO over the past few years. Mike has the ideal skillset to lead the Company through potential asset acquisitions, resource expansion plans, and, ultimately, a mine development project.

Mr. Garbutt's tenure as President and CEO comes at a crucial juncture for Clean Air Metals, as the Company demonstrates its resilience in the face of industry headwinds. Despite these challenges, Clean Air Metals has maintained a strong cash position, honed its project targeting, and strategically planned for resource base expansion through the potential acquisitions of other PGE assets. Mr. Garbutt is a professional mining engineer with over 25 years of experience in mine operations, projects, and engineering.

He has strong business acumen, has led successful mine operations, transitioned capital projects to operations, and has undertaken numerous project studies. He joined Clean Air Metals in May 2022 as its Chief Operating Officer. He was previously Deputy General Manager for IAMGOLD's Côté Gold Project, Senior Principal and Mining Sector Leader at Stantec Consulting, and General Manager of Sudbury Operations at KGHM.

He held several senior technical and operating roles during a 14-year career at Glencore. Mr. Garbutt holds an MBA from Laurentian University and serves on select non-profit boards. Succession planning has been at the forefront of minds since Mike joined Clean Air Metals 2 years ago, said Jim Gallagher, outgoing CEO and returning Board Chair.