Northvolt CEO steps down after bankruptcy filing
Peter Carlsson, co-founder and leader of Northvolt since 2016, will remain as advisor as he quit a day after the firm filed for bankruptcy.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 9, 2011) – Elissa Resources Ltd. (“Elissa” or the “Company”) (TSX VENTURE:ELI)(OTCQX:ELSRF)(PINK SHEETS:ELSRF) reports that it has retained the services of Maximus Strategic Consulting Inc. (“Maximus”) to provide advertising services to the Company, subject to regulatory approval. Maximus operates www.pinnacledigest.com.
Pinnacle is an on-line investor information portal with content providers from across North America, Europe and Australia. Pinnacle advertises press releases of public companies, custom flash advertisements and provides marketing for public companies in its newsletter which summarizes their development and press releases in a report format.
Maximus invested $25,000 into the Company’s March 7, 2011 Private Placement.
Maximus will receive an aggregate fee of $55,000 plus GST/HST for its services. The term of the contract is nine months.
ON BEHALF OF THE BOARD OF DIRECTORS of ELISSA RESOURCES Ltd.
Paul McKenzie, President and CEO
About Elissa Resources Ltd.
Elissa Resources is advancing its 100%‐owned Thor heavy and light rare earth element project in Nevada, 16 miles (28 km) east of Molycorp Minerals’ Mountain Pass deposit and processing facility in California. Strongly represented at the Thor project are four rare earth elements that have been deemed as being in critical short supply by the U.S. Department of Energy: neodymium (Nd), terbium (Tb), dysprosium (Dy), and yttrium (Y). Additionally, Elissa has an option to earn a 100% interest on both the Sage Creek (Idaho) and St. Elmo (Nevada) gold projects. Elissa is also reviewing and aggressively pursuing REE opportunities in other parts of Nevada and neighbouring states.
