Archer Exploration Appoints Tom Meyer as President and Chief Executive Officer and Provides Transaction Update

VANCOUVER, BC, Sept. 14, 2022 /CNW/ -Archer Exploration Corp.RCHR (Archer) announces the appointment of Tom Meyer as President, Chief Executive Officer and director effective September 14, 2022, and provides an update on its proposed acquisition (the Transaction) of all of Wallbridge Mining Company Limited's WM (Wallbridge) nickel assets, rights and obligations located in Quebec and Ontario (collectively, the Nickel Assets).

Appointment of President and Chief Executive Officer

Mr. Meyer is a professional engineer and veteran of the mining industry, with over 23 years of experience in commodities and capital markets, including a robust background in base metals and equity research. His more detailed biography can be found below.

Mr. Meyer replaces Keith Bodnarchuk, Archer's outgoing interim Chief Executive Officer and director, who will continue to work with Archer in an advisory role. The board of directors wishes to thank Mr. Bodnarchuk for his significant contributions to Archer and wishes him the best as he focuses his efforts as co-founder and CEO of uranium explorer, Cosa Resources Corp COSA.

Michael Konnert, director of Archer, commented: We are delighted to have Tom as the new President and CEO of Archer. Tom is an accomplished and highly respected mining and capital markets professional and has a strong track record of driving performance and delivering on business potential. He has the right mix of geological, technical, financial and management skills to lead the development of the highly prospective Nickel Assets which Archer is in the process of acquiring.