Canadian Metals Inc. announced the appointment of Mr. Beat Frei, as its Interim Chief Executive Officer, replacing Mr. Stephane Leblanc. Mr. Frei, who has been involved with the Corporation since 2020 as Vice President Development and Project Finance, has over 20 years experience as a Director with Credit Suisse, holding various positions in Domestic and International Finance, Export Financing and Structured /Project Finance including Head of Export Finance and Representative for countries in the Middle East and the FSU. He has also been Head of Finance and Development at Champion Iron and was instrumental in the acquisition and restart of Bloom Lake which led to the success of the company.

He is the founder of Comfortra, a financial advisor to the commodities sector, which has consulted with companies in Europe, Middle East and CIS on structured trades and project financing. Across the years, Comfortra helped its clients raise approximately USD 2 billion of capital (both debt and equity) across various projects.