Lancaster Appoints Andrew Watson as President & CEO
VANCOUVER, British Columbia, May 02, 2025 (GLOBE NEWSWIRE) — Lancaster Resources Inc. (CSE:LCR | OTC Pink:LANRF | FRA:6UF0) ('Lancaster' or the 'Company') is pleased to announce the appointment of Andrew Watson as its President and Chief Executive Officer, effective May 1, 2025.
Highlights:
'Uranium and lithium are essential to the global energy transition, while gold remains a vital store of value,' says Andrew Watson, Lancaster President and CEO. 'Lancaster is building a well-balanced exploration portfolio across critical minerals and precious metals, with projects located in geologically rich and politically stable regions. I'm proud to lead our team as we advance high-potential assets and deliver long-term value to shareholders.'
About Andrew Watson
Andrew Watson, P. Eng., brings over 23 years of multifaceted experience in engineering, operations, and corporate strategy across the critical mineral, precious metal, energy, and clean technology sectors. He has been a director of the Company since March 2024.
Since joining Lancaster in June 2023 as Vice President, Engineering & Operations, Mr. Watson has played a transformative role in repositioning the Company as a dynamic exploration platform focused on both critical minerals essential to the energy transition—including lithium and uranium—and strategic precious metals like gold.
Mr. Watson has led the acquisition and technical advancement of all of Lancaster's gold assets, including the 100%-owned Piney Lake Gold Project in Saskatchewan and the Lake Cargelligo Gold Project in New South Wales, Australia (subject to definitive agreement). He was also instrumental in the Company's acquisition and early-stage development of uranium assets at Catley Lake and Centennial East, located in Saskatchewan's Athabasca Basin, the most prolific uranium-producing region in the world.
Prior to Lancaster, Mr. Watson served as Chief Operating Officer at Prism Diversified, where he directed technical development across over 850 square miles of lithium brine (~10.6MM T-LCE, non-compliant),battery metals, and an iron ore deposit with ~219MM tonnes Iron and Vanadium I+I. He oversaw engineering and metallurgical studies focused on the low-impact extraction of critical minerals such as vanadium, titanium, and iron, contributing to sustainable development strategies in the battery metals sector.
At Hyak Energy, Mr. Watson managed the operations of a 60-million-barrel medium crude oil field in Saskatchewan. Using an Alkali-Surfactant-Polymer (ASP) chemical enhanced oil recovery method, he helped increase production by over 250%, ultimately supporting a successful corporate sale in early 2020.
Beyond project development, Mr. Watson is a recognized mentor and innovator in the clean technology ecosystem. He has mentored over 50 early-stage companies through Foresight Cleantech Accelerator and Emissions Reduction Alberta, supporting commercialization strategies in mining, energy, and emissions reduction technologies.
Mr. Watson holds a Bachelor of Science in Mechanical Engineering from the University of Calgary and has completed numerous advanced certifications in energy systems, resource project development, and sustainable operations. His cross-sector expertise positions him uniquely to lead Lancaster through its next stage of growth as it advances a diversified portfolio aligned with global priorities in clean energy, supply security, and resource sustainability.
Leadership Transition
Penny White, Lancaster's founder and former CEO, has stepped down and remains a Director of the Company, supporting long-term strategy and capital markets engagement.
About Lancaster Resources Inc.
Lancaster Resources Inc. (CSE:LCR) is a Canadian exploration company advancing a diversified portfolio of critical mineral and precious metal assets. The Company owns a 100% interest in the Piney Lake Gold Project in Saskatchewan and holds 100% of the Catley Lake and Centennial East uranium projects in the Athabasca Basin. Lancaster also has options to acquire lithium assets in North America and has signed a definitive agreement to acquire the Lake Cargelligo Gold Project in New South Wales, Australia.
Andrew Watson, P. Eng.,
President & Chief Executive Officer,
Lancaster Resources Inc.
andrew@lancasterlithium.com
Tel: 604 923 6100
www.lancaster-resources.com
The Canadian Securities Exchange has not reviewed, approved nor disapproved the contents of this news release.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events, or Lancaster's future performance. The use of any of the words 'could', 'expect', 'believe', 'will', 'projected', 'estimated' and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Lancaster's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, the ability of Lancaster to execute its exploration plans, ability to complete the acquisition of the Lake Cargelligo Gold Project, raise capital, retain key personnel, identify, acquire, explore, and develop high-quality mineral-rich properties constitute forward-looking information. Actual results and developments may differ materially from those contemplated by forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information. The statements made in this press release are made as of the date hereof. Lancaster disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.
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Airworthiness Safety Conference 2025: Hear from Experts in Safety Management, Next-gen Safety, and Remote Pilot Systems (London, United Kingdom - October 21, 2025)
Join renowned speakers in London for a global event focused on aviation safety. Engage in discussions, idea sharing, and networking. Agenda highlights include airworthiness, . Elevate your aviation expertise today! Safety in Airworthiness Dublin, June 05, 2025 (GLOBE NEWSWIRE) -- The "Safety in Airworthiness" has been added to offering. Join leading experts and renowned speakers at an extraordinary global event hosted in London, dedicated to redefining aviation safety standards. This highly anticipated conference is set to become a pivotal meeting point for industry professionals passionate about enhancing safety measures and implementing innovative solutions in aviation. The conference extends a unique opportunity for participants to engage with distinguished industry leaders and fellow professionals. Attendees will benefit from an environment that fosters in-depth discussions, strategic idea sharing, and substantial networking opportunities, all aimed at advancing the collective knowledge and practice of aviation safety. The meticulously curated agenda spans a range of critical topics that are shaping the future of aviation safety: Introduction - A Regulator's view of Safety in Airworthiness: Gain insights into contemporary regulatory frameworks and their impact on safety. Safety in Part 21 - What is the Industry Seeing?: Discover current industry trends and challenges in maintaining Part 21 compliance. Measuring Safety in Continuing Airworthiness: Explore methodologies for quantifying and enhancing airworthiness in ongoing operations. Delivering the Next Generation of Safety Professionals: Discuss strategies for developing the future workforce and leadership in aviation safety. Influencing Aviation Safety Behaviours and Promoting Wellbeing: Examine approaches to fostering a safety-oriented culture and prioritizing well-being. Worldwide Safety Management Systems Issues, and How to Solve Them: Address global Safety Management System challenges and innovative solutions. Remote Pilot Air Systems - Beyond Visual Line of Sight Operations: Investigate advancements and regulatory considerations for remote piloting beyond visual range. Agenda: 8.45 - Registration & Networking Coffee 9.15 - Opening RemarksPanagiotis Panagopoulos, CEO & Founder, AeropodiumIan Dearing, Chief Surveyor - Airworthiness, 2-REG Aircraft Registry 9.45 - Introduction - A Regulator's View of Safety in AirworthinessIan Dearing, Chief Surveyor - Airworthiness, 2-REG Aircraft Registry 10.15 - Safety in Part 21 - What is the Industry Seeing?Jack Coleman, Initial Airworthiness, Independent Consultant 10.45 - Measuring Safety in Continuing AirworthinessPaul White, Continuing Airworthiness, Independent Consultant 11.15 - Networking Coffee Break 11.45 - Delivering the Next Generation of Safety ProfessionalsNicola Osborne, Director Safety & Compliance, Titan Airways 12.15 - Influencing Aviation Safety Behaviours and Promoting WellbeingSam Lee, Managing Director, Integra Aerospace 12.45 - Networking Lunch Break 13.45 - Worldwide Safety Management Systems Issues, and How to Solve ThemSilas Hays, Safety Management, Independent Consultant 14.30 - Remote Pilot Air Systems - Beyond Visual Line of Sight OperationsBecky Smith, Continuing Airworthiness Manager, National Grid 15.00 - Networking Coffee Break 15.30 - Speakers' Panel Q&A 16.30 - Concluding Remarks Speakers Jack Coleman, Initial Airworthiness, Independent Consultant Ian Dearing, Chief Surveyor - Airworthiness, 2-REG Aircraft Registry Silas Hays, Safety Management, Independent Consultant Sam Lee, Managing Director, Integra Aerospace Nicola Osborne, Director Safety & Compliance, Titan Airways Becky Smith, Continuing Airworthiness Manager, National Grid Paul White, Continuing Airworthiness, Independent Consultant For more information about this conference visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Safety in Airworthiness CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
