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Primary Energy Metals Inc.

Primary Energy Metals appoints new CEO and CFO

The Vancouver-based company tapped cannabis executive Joel Shacker as its new CEO and public company veteran Szascha Lim as CFO

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Primary Energy Metals is focused on vanadium, cobalt, copper and nickel-focused mineral resource properties

Primary Energy Metals Inc (CSE:PRIM) (OTCMKTS:PEMTD) announced Tuesday that it has appointed two new executives to lead the junior company.

In a note to shareholders, Primary said that cannabis and finance executive Joel Shacker is taking the reins as president and CEO, replacing Patrick Morris who will remain with the company as a director.

The Vancouver-based company also tapped Szascha Lim as chief financial officer after the resignation of Geoff Balderson.

READ: Primary Energy Metals Corp brings on two new directors

Shacker has extensive experience building cannabis companies and navigating capital markets. He began by founding a cannabis extraction company that specialized in licencing proprietary formulas to producers. As a director at cannabis lifestyle company Weekend Unlimited Inc, he was in charge of international expansion and oversaw the development of new operations. On the finance front, he served as chief operating officer of CanPac Investment Corp and as an associate at venture capital firm Stadnyk and Partners.

Shacker holds an Honours Business Administration degree from the renowned Ivey Business School at the University of Western Ontario.

New CFO Lim has several years of experience working in accounting at various public companies.

In a statement, Primary Energy Metals thanked former CEO Morris and CFO Balderson for their contribution to the company and wished them luck in their future endeavours.

Primary Energy Metals is focused on vanadium, cobalt, copper and nickel-focused mineral resource properties.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Quick facts: Primary Energy Metals Inc.

Price: $0.40

Market: CSE
Market Cap: $9.33 m
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