Vertical Exploration Appoints Raphael Gaudreault To Advisory Board

VANCOUVER, BC / August 5th, 2022 / VERTICAL EXPLORATION INC. (TSX-V: VERT) (“Vertical” or “the Company”) is pleased to announce the appointment of Mr. Raphael Gaudreault to its Advisory Board.

Mr. Gaudreault is part of the senior management team at Arianne Phosphate Inc. (Arianne), and currently serves as Arianne’s Chief Operating Officer. Previous to his role at Arianne, Raphael served as the Mine Optimization Specialist at IAMGOLD Corporation.  

Mr. Gaudreault graduated from Laval University with a degree in Mining Engineering (2004) and a certificate in Business Administration from Mount Saint Vincent University (2005).  Throughout his career, Mr. Gaudreault has held operational positions focused primarily on open pit mine development and optimization.  Previous to his role at IAMGOLD, Raphael worked on two expansions of ArcelorMittal’s Mont-Wright operation.  Mr. Gaudreault is a member of the Ordre des Ingénieurs du Québec and came to Arianne Phosphate Inc. with extensive knowledge of Arianne’s Lac à Paul phosphate mining project in Quebec, having previously worked at Arianne as its Mining Director. 

Mr. Gaudreault is also currently acting as a technical advisor for Quebec Iron Ore and is providing consulting services for IAMGOLD’s Corporate Office as well as their Westwood and Côté Gold mines. Finally, Raphael is also one of the co-founders and Director of Engineering at Airth.io. 

Peter P. Swistak, President/CEO of Vertical Exploration Inc., commented, “We are very happy to have Mr. Gaudreault join our Vertical team. Raphael’s extensive knowledge of mine development and optimization, as well as his experience gained through working on a range of mining industry projects brings significant technical expertise to Vertical. Raphael is also very aware, and supportive of, the large-scale three-year research partnership agreement that we recently signed with Arianne and Agrinova (see Vertical’s June 1st, 2022, news release), to assess the potential benefits of combining Vertical’s premium St-Onge wollastonite with Arianne’s high purity phosphate into new slow-release natural fertilizers and agronomic products for a range of environmental, forestry and agricultural operations. We are excited about our ongoing research partnership with Arianne and Agrinova, and Raphael’s presence on our advisory board will help ensure the project and partner benefits are maximized.”

ABOUT VERTICAL EXPLORATION
Vertical Exploration’s mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. The Company’s flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec.

ON BEHALF OF THE BOARD
Peter P. Swistak, President/CEO

FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770

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.

FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).