Vancouver, May 15th, 2017 – ALX Uranium Corp. (“ALX” or the “Company”) (TSXV: AL; FSE: 6LLN; OTC: ALXEF) is pleased to announce the appointment of David Miller as a director of the Company. Mr. Miller is a businessman, professional economic geologist, and an elected member of the Wyoming Legislature. Mr. Miller served as the Chief Executive Officer of Strathmore Minerals Corp. prior to its merger with Energy Fuels in 2013. David’s primary professional focus has been on mineral exploration, development and mining, and his career has spanned over 40 years with a chain of companies that started with Utah International in the United States, which evolved into AREVA, the French nuclear power conglomerate. In addition, he has consulted for the IAEA (International Atomic Energy Commission) in Austria and China.
“We are very pleased that David Miller has joined the Board of Directors of ALX,” said Warren Stanyer, Chairman of ALX. “David brings a wealth of experience to ALX in both geology and business and we look forward to his contribution to the growth of the Company.”
Mr. Miller is a recognized expert in the nuclear and energy field and has been featured in recent years in the New York Times, BBC, CNBC, CNN, Business News Network, Wall Street Journal, Globe and Mail, and Barron’s. He is also author of “Investing in the Great Uranium Bull Market”. David is an eight-term member of the Wyoming Legislature and currently serves as Majority Floor Leader of the Wyoming House of Representatives. David graduated from the University of Missouri with a degree in Geology. He is a Registered Professional Geologist in Wyoming, a Registered Member of the Society for Mining, Metallurgy & Exploration and is a Fellow in the Society of Economic Geologists. Mr. Miller’s professional career has taken him worldwide, working with companies in Japan and South Korea, evaluating projects from Laos to Mongolia, Bolivia to Alaska, and in Canada. His expertise in commodities includes fissionable materials, precious and base metals, fossil fuels and lithium.
ALX also announces that its Board of Directors has approved the allocation of 400,000 incentive stock options to a director of the Company. The options are exercisable at $0.10 per share for a period of five years from issuance, and are subject to the following vesting provisions – one third (1/3) of the options will vest immediately, one third (1/3) in six months and one third (1/3) one year from the allocation date.
ALX’s mandate is to provide shareholders with multiple opportunities for discovery and value creation by building and optimizing a portfolio of prospective uranium exploration properties through staking, joint ventures, acquisitions and divestitures. The Company executes well-designed exploration programs using the latest technologies and has interests in approximately 140,000 hectares in Saskatchewan’s Athabasca Basin. ALX is based in Vancouver, BC, Canada and its common shares are listed on the TSX Venture Exchange under the symbol “AL”, on the Frankfurt Stock Exchange under the symbol “6LLN” and in the United States OTC under the symbol “ALXEF”. Technical reports are available on SEDAR (www.sedar.com) for several of the Company’s active properties.
For more information about the Company, please visit the ALX corporate website at www.alxuranium.com or contact Roger Leschuk, Vice President, Corporate Development at Ph: 604.629.0293 or Toll-Free: 1.866.629.8368, or by email: email@example.com
On Behalf of the Board of Directors of ALX Uranium Corp.
Warren Stanyer, Director and Chairman
FORWARD LOOKING STATEMENTS
Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that the Company’s actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include economic, competitive, governmental, environmental and technological factors that may affect the Company’s operations, markets, products and prices. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for the Year Ended December 31, 2016, which is available under Company’s SEDAR profile at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.