Important appointments to Alliance Magnesium Board of Directors

With its recent appointments, Alliance Magnesium Inc. now has seven members on its Board of Directors. — Photo: Alliance Magnesium Inc. BROSSARD, QC,

With its recent appointments, Alliance Magnesium Inc. now has seven members on its Board of Directors. — Photo: Alliance Magnesium Inc.

BROSSARD, QC, Jan. 13, 2017 /CNW Telbec/ - Alliance Magnesium Inc. ("AMI" or the "Company") is pleased to announce significant appointments to its Board of Directors. First, AMI welcomes MM. Jean-Pierre Gilardeau and Normand Bergeron as directors of the Company. Also, Mr. Michel G. Gagnon, AMI's director for several years, has been appointed Chairman of the Board of Directors.

Jean-Pierre Gilardeau, Engineer, has been a senior executive of Alcoa Inc. for nearly 20 years, serving as Vice-President Operations and President of Alcoa Canada, President of Alcoa North America and Vice-President of Alcoa Inc.

Normand Bergeron has over 35 years of experience in the public domain and management of major projects, notably as Deputy Minister in the Quebec Ministry of Natural resources and Wildlife, President of the Agence des Partenariats public-privé, President of Infrastructure Quebec and Chairman of the Board of Directors of the Quebec Aluminum Cluster.

Michel G. Gagnon is a renowned businessman who has held the position of Vice President of Finance and Business Development at Aluminerie Alouette, one of the largest aluminum smelters in the world. He is a specialist of corporate governance and sits on the board of several private and public companies.

"AMI is honored to welcome these exceptional managers to its Board of Directors," commented Dr. Joël Fournier, Chief Executive Officer of the company. "Their reputation, experience and network of contacts among the most important players in the natural resources, metals and energy industry will contribute significantly to the development of AMI's business and the recognition of Its economic, environmental and social potential "concluded Dr. Fournier

AMI now has seven members on its Board of Directors.

Alliance Magnesium is a privately-owned Canadian company dedicated to the production of Magnesium metal and other high value minerals from serpentine rock. Alliance has developed a game changing technology and process giving it a cheaper and cleaner approach from current methods used worldwide by magnesium producers. Serpentine rock contains an average of 25% magnesium metal, a highly valuable opportunity for metal extraction. The new Alliance's process is the alternative in replacing the thermal process, largely used in China and one of the main CO2 emission source in the world. Alliance has elaborated a three-step development program in order to reach a 50,000-metric ton production of magnesium metal by 2019.

Additional information about AMI is available at alliancemagnesium.com.

SOURCE: Alliance Magnesium Inc.