• Matthew Nelson

Millennial Precious Metals Continues To Strengthen Leadership


Millennial Precious Metals Corp. (MPM: TSX-V) is pleased to announce today that Mr. Jason Banducci has been appointed as Vice President, Corporate Development of Millennial. Mr. Banducci will begin his new role with Millennial on August 3, 2021.


Mr. Banducci is a finance professional with nearly a decade of experience across corporate finance, banking, mergers & acquisitions and capital markets. Prior to joining Millennial, Jason served as Vice President, Investment Banking at Stifel GMP where he covered the mining industry and advised clients on a wide range of strategic initiatives including mergers & acquisitions, joint ventures, streaming & royalty transactions, strategic investments and various debt and equity financing alternatives. Jason worked in the mining investment banking group at GMP Securities prior to it being acquired by Stifel Financial Corp. and began his career at TD Bank in commercial lending. He holds a Master of Business Administration from Queen’s University and a bachelor’s degree from the University of Western Ontario. Millennial CEO Jason Kosec stated, “we are thrilled to add Jason to our already dynamic management team. His experience in M&A and market know-how will be a valuable addition to the Company, and his prior experience working with Millennial will allow him to hit the ground running on day 1. This is another great addition to Millennial.”


Option and RSU Grants


Millennial also announces today that it has granted to certain officers, directors, employees and consultants of the Company, an aggregate total of 3,427,000 options to purchase common shares of the Company ("Common Shares") exercisable at a price of $0.50 per Common Share for a period of five years and the vesting terms are one quarter (1/4) upon grant, one quarter (1/4) one (1) year after the date of grant, one quarter (1/4) two (2) years after the date of grant and one quarter (1/4) three (3) years after the date of grant. These options have been granted in accordance with the Company’s Stock Option Plan.

The Company has also granted an aggregate total of 2,003,000 restricted share units of the Company ("RSUs") to certain officers and directors of the Company under the Company's restricted share unit plan (the "RSU Plan"). The full text of the RSU Plan is available on SEDAR at www.sedar.com. The RSUs will vest one third (1/3) one (1) year after the date of grant, one third (1/3) two (2) years after the date of grant and one third (1/3) three (3) years after the date of grant. Each RSU represents the right to receive, once vested, one Common Share.


ABOUT MILLENNIAL PRECIOUS METALS CORP.


Millennial Precious Metals (TSX.V:MPM) is a Nevada-based development company focused on unlocking quality ounces through the responsible expansion of its seven gold projects. The Company plans to accelerate the development of its two flagship projects, Wildcat and Mountain View. The Wildcat Inferred Mineral Resource estimate contains 776,000 ounces of Au oxide (60.8 million tonnes at 0.40 g/t gold; effective date of November 18, 2020) and the Mountain View Inferred Mineral Resource estimate contains 427,000 ounces of Au oxide (23.2 million tonnes at 0.57 g/t gold; effective date of November 15, 2020). Each of the technical report titled "NI 43-101 Technical Report Resource Estimate for the Wildcat Project, Pershing County, Nevada, United States", dated November 20, 2020 with an effective date of November 18, 2020 prepared by William J. Lewis, B.Sc., P.Geo., Rodrigo Calles-Montijo, MSc., CPG, and Leonardo de Souza, MAusIMM (CP) and the technical report titled "NI 43-101 Technical Report for the Mountain View Project, Washoe Country, Nevada, USA", dated November 25, 2020 with an effective date of November 15, 2020, prepared by William J. Lewis, B.Sc., P.Geo., Rodrigo Calles-Montijo, MSc., CPG, and Leonardo de Souza, MAusIMM (CP) is available on Millennial's issuer profile on SEDAR at www.sedar.com.


Millennial Precious Metals is led by an experienced management team and board of directors with a proven track record of success in financing and developing mining assets. The Company is well positioned to create value for all stakeholders by applying a systematic strategy to develop all seven gold projects over the next few years.

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