Vital Battery Metals appoints Adrian Lamoureux as CEO
Vital Battery Metals Inc. (CSE: VBAM | OTC: VBAMF | FRA: C0O), announces that Adrian Lamoureux, effective March 31, 2025, has resigned from his position as Chief Executive Officer & Director of the Company. Mandeep Parmar, who currently serves as a member of the Company’s Board of Directors, has been appointed as Chief Executive Officer of the Company on an interim basis and will assume all related duties. Mr. Parmar has served the Company in his position as Director since inception and will focus on driving value by advancing the Company’s flagship assets.
The Company continues to be committed to managing the risk(s) of operating in the current capital market environment while demonstrating the resiliency of its Board and management team to make difficult decisions to protect and manage the best interest of shareholders. The Board will regularly review its management structure and make adjustments as necessary in the future. The Company will provide an update when a permanent Chief Executive Officer has been appointed.
Mr. Parmar has over a decade of public markets experience, with a focus on finance and capital raising, investor relations, and corporate development. He has assisted numerous public companies listed both in Canada and in the international markets, boasting a strong understanding of corporate structure and formation, financing and business development. Mr. Parmar has worked with many small-cap companies to assist in fundraising, structuring and the implementation of asset development programs to generate and build value. His experience spans different sectors such as mining, oil and gas, technology and healthcare sectors. Mr. Parmar also currently serves as a director of Greenridge Exploration Inc.
Mandeep Parmar, Interim Chief Executive Officer, commented, “On behalf of the Vital team, I sincerely thank Mr. Lamoureux for his dedication and contributions during his tenure as CEO. We appreciate his leadership and wish him success in his future endeavors. As I step into the role of interim CEO, I am eager to position the Company for long term growth.”
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