Announce Appointment of Interim President and CEO

Tags: #Mining, #Technology

MONTREAL, QUEBEC – TheNewswire – January 27, 2020 – Dundee Sustainable Technologies Inc. (“DST” or the “Corporation”) (CNSX:DST.CN) is pleased to announce the appointment of Mr. David Lemieux as Interim President and Chief Executive Officer of the Corporation effective on March 5, 2020. He will be replacing Mr. Brian Howlett, who is retiring from his full-time role with the Corporation. Mr. Howlett will remain as a director of the Corporation, a position he has held since October 2015. He will continue in his position as member of the Audit Committee.

Mr. Lemieux has been with the Corporation since 2006 and most recently was the Executive Vice President in charge of the Corporation’s Thetford Mines operation. Mr. Lemieux is a chemical engineer with an extensive experience and knowledge in process development and the metal markets. He is co-inventor of numerous patents owned by the Corporation and participated actively to the recent strategic initiatives of the Corporation. He has been deeply involved in all discussions with potential users of the Corporation’s technologies. Mr. Howlett commented, “David is an excellent choice to bring the Corporation to the next phase of commercialization of the core technologies as he has demonstrated strong leadership in the various development phases of the CLEVR and GlassLock ProcessesTM.”

The Corporation would like to thank Mr. Howlett for his leadership and dedicated work as President and CEO and is pleased to continue benefiting from Brian’s contribution as director of the Corporation.

About Dundee Sustainable Technologies, a company controlled by Dundee Corporation

The Corporation is engaged in the development and commercialization of environment-friendly technologies for the treatment of materials in the mining industry. Through the development of patented, proprietary processes, DST extracts precious and base metals from mineralized material, concentrates and tailings, while stabilizing contaminants such as arsenic, which could not otherwise be extracted or stabilized with conventional processes because of metallurgical issues or environmental considerations.

DST has filed, published and was granted patents for these processes in several countries.


Brian Howlett

President and CEO

Dundee Sustainable Technologies Inc.

Tel: (514) 866-6001 # 239

Cell: (647) 227-3035

[email protected]


David Lemieux

Executive Vice President

Dundee Sustainable Technologies Inc.

Tel: (418) 423-7247 # 227

FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements that address future events and conditions, which are subject to various risks and uncertainties. Actual results could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Corporation’s control. These factors include: general market and industry conditions, risks related to continuous operations and to commercialization of new technologies and other risks disclosed in the Corporation’s filings with Canadian Securities Regulators.

Forward-looking statements are based on the expectations and opinions of the Corporation’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Corporation expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2020 TheNewswire – All rights reserved.

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