HLM Appoints Mike Tamlin as New Director
Sudbury, Ontario – January 7, 2016 – Houston Lake Mining Inc. (TSX.V: HLM) (“HLM” or the “Company”) is pleased to announce the appointment of Mike Tamlin to the board of directors of the Company.
Mr. Tamlin has more than 25 years of commercial and technical experience in mining, milling and hydrometallurgy with significant expertise in lithium and tantalum concentrates and chemicals. His lithium experience covers the development of the Chinese chemical and global technical spodumene markets for the Greenbushes Mine in Western Australia which currently controls an estimated 95% of lithium mineral supply, the Zhangjiagang Lithium Carbonate Project and the Rincon Brine Project. Mr. Tamlin is currently the Chief Operating Officer for Neometals Ltd., an ASX-listed company which is preparing for the start of production of its Mt. Marion Lithium Mine in Western Australia and is conducting feasibility for a lithium hydroxide plant.
Mr. Tamlin has an impressive record of maximizing commercial performance, developing and implementing strategy and brings extensive experience in the development of both hard rock and brine lithium projects, lithium supply negotiations, lithium markets and management at executive level with significant lithium producers.
Commenting on Mr. Tamlin’s appointment, Rick Walker, HLM’s Chairman, said: “We are pleased to welcome Mike to HLM’s board. His technical acumen and business development experience in lithium will be a key asset for the Company as we continue to develop the PAK Lithium Project.”
The Company also announces that it has granted an additional 200,000 stock options. The options are set for a period of five years, expiring on January 7, 2021. The options are priced at $.16 and are subject to regulatory approval. In addition, $24,000 of debt is owed to a company owned by the non-arm’s length individual and the Company is proposing a financing of 154,839 common shares at a price of $.155 per share.