Latest news with #Rutledge
Cision Canada
4 days ago
- Business
- Cision Canada
INTERNATIONAL BATTERY METALS LTD. ANNOUNCES MICHAEL RUTLEDGE AS CHIEF FINANCIAL OFFICER OF THE COMPANY
VANCOUVER, BC and HOUSTON, June 2, 2025 /CNW/ - International Battery Metals Ltd. (" IBAT" or the " Company") (TSXV: IBAT) is pleased to announce the appointment of Michael Rutledge to serve as Chief Financial Officer of the Company. Prior to his appointment as Chief Financial Officer, Mr. Rutledge has served as interim Chief Financial Officer of the Company since March 6, 2025. Mr. Rutledge, CPA, is a seasoned financial executive with extensive experience as chief financial officer of multiple publicly traded companies across various industries. He has a strong background in corporate finance, SEC reporting, and strategic growth initiatives, including IPOs and M&A. Joseph Mills, Chief Executive Officer commented "We are very pleased to have Michael joining the leadership team at IBAT. During Michael's tenure as Interim CFO, he has proven strong leadership qualities and has worked tirelessly to help the IBAT team move the Company to its strategic goals of deploying the first large scale commercial DLE technology. We are very excited to welcome Michael to the leadership team ". In accordance with Mr. Rutledge's employment agreement with the Company (the " Employment Agreement") and the Company's restricted share unit plan (the " RSU Plan"), the Company has granted to Mr. Rutledge 450,000 restricted share units (" RSU"), which RSUs will vest in full on the first anniversary of their date of issuance and an additional 900,000 RSUs, which RSUs will vest in full on the date that the Company completes the building and deployment (with secured financing) of two additional Direct Lithium Extraction plants (in addition to the exiting DLE plant that the Company is currently planning to deploy). All RSUs are subject to accelerated vesting in the event of change in control and the terms and conditions of the RSU Plan. About International Battery Metals Ltd. The Company's direct lithium extraction technology is based on proprietary lithium extraction media housed in patented extraction towers that are enclosed in a modular, transportable platform that is able to be loaded and brought into production within a condensed time frame after arrival on a customer site. Utilizing the patented technology, the Company's focus has been on advanced extraction of lithium chloride from ground water salt brine deposits and returning the same water to the subsurface aquifer. The Company's unique patented technology ensures faster delivery of lithium chloride while ensuring minimal environmental impact. " Joseph A. Mills" Joseph A. Mills, CEO (832) 683-8839 Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This news release contains certain information that may constitute "forward-looking statements" under applicable Canadian securities legislation. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "forecast", "potential", "target", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be "forward- looking statements". Actual results may vary from forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause IBAT's actual results, performance, achievements, and future events to be materially different from the results, performance, achievement, or future events expressed or implied therein. Factors that could affect the outcome include, among others: future prices and the supply of lithium and other metals, the future demand for lithium and other metals, inability to raise the money necessary to incur the expenditures required to advance the Company's business strategies and objectives, general business, economic, competitive, political, and social uncertainties, results relating to its extraction technologies, failure to obtain regulatory or shareholder approvals (if required). IBAT believes that the expectations reflected in these forward-looking statements are reasonable, however there can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking statements. All forward-looking statements contained in this press release are given as of the date hereof and are based upon the opinions and estimates of management and information available to management as at the date hereof. IBAT disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise, except as required by law.
Yahoo
4 days ago
- Business
- Yahoo
INTERNATIONAL BATTERY METALS LTD. ANNOUNCES MICHAEL RUTLEDGE AS CHIEF FINANCIAL OFFICER OF THE COMPANY
VANCOUVER, BC and HOUSTON, June 2, 2025 /CNW/ - International Battery Metals Ltd. ("IBAT" or the "Company") (TSXV: IBAT) is pleased to announce the appointment of Michael Rutledge to serve as Chief Financial Officer of the Company. Prior to his appointment as Chief Financial Officer, Mr. Rutledge has served as interim Chief Financial Officer of the Company since March 6, 2025. Mr. Rutledge, CPA, is a seasoned financial executive with extensive experience as chief financial officer of multiple publicly traded companies across various industries. He has a strong background in corporate finance, SEC reporting, and strategic growth initiatives, including IPOs and M&A. Joseph Mills, Chief Executive Officer commented "We are very pleased to have Michael joining the leadership team at IBAT. During Michael's tenure as Interim CFO, he has proven strong leadership qualities and has worked tirelessly to help the IBAT team move the Company to its strategic goals of deploying the first large scale commercial DLE technology. We are very excited to welcome Michael to the leadership team ". In accordance with Mr. Rutledge's employment agreement with the Company (the "Employment Agreement") and the Company's restricted share unit plan (the "RSU Plan"), the Company has granted to Mr. Rutledge 450,000 restricted share units ("RSU"), which RSUs will vest in full on the first anniversary of their date of issuance and an additional 900,000 RSUs, which RSUs will vest in full on the date that the Company completes the building and deployment (with secured financing) of two additional Direct Lithium Extraction plants (in addition to the exiting DLE plant that the Company is currently planning to deploy). All RSUs are subject to accelerated vesting in the event of change in control and the terms and conditions of the RSU Plan. About International Battery Metals Ltd. The Company's direct lithium extraction technology is based on proprietary lithium extraction media housed in patented extraction towers that are enclosed in a modular, transportable platform that is able to be loaded and brought into production within a condensed time frame after arrival on a customer site. Utilizing the patented technology, the Company's focus has been on advanced extraction of lithium chloride from ground water salt brine deposits and returning the same water to the subsurface aquifer. The Company's unique patented technology ensures faster delivery of lithium chloride while ensuring minimal environmental impact. "Joseph A. Mills" Joseph A. Mills, CEO (832) 683-8839 Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This news release contains certain information that may constitute "forward-looking statements" under applicable Canadian securities legislation. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "forecast", "potential", "target", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be "forward- looking statements". Actual results may vary from forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause IBAT's actual results, performance, achievements, and future events to be materially different from the results, performance, achievement, or future events expressed or implied therein. Factors that could affect the outcome include, among others: future prices and the supply of lithium and other metals, the future demand for lithium and other metals, inability to raise the money necessary to incur the expenditures required to advance the Company's business strategies and objectives, general business, economic, competitive, political, and social uncertainties, results relating to its extraction technologies, failure to obtain regulatory or shareholder approvals (if required). IBAT believes that the expectations reflected in these forward-looking statements are reasonable, however there can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking statements. All forward-looking statements contained in this press release are given as of the date hereof and are based upon the opinions and estimates of management and information available to management as at the date hereof. IBAT disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise, except as required by law. View original content to download multimedia: SOURCE International Battery Metals Ltd. View original content to download multimedia: Sign in to access your portfolio
Yahoo
24-05-2025
- Health
- Yahoo
Everyday Hero: 'Get under it' with the Lowcountry Splash
Around five hundred people will jump into the water on Saturday morning and 'get under it.' An idea that started 24 years ago has raised hundreds of thousands of dollars for causes near and dear to the man who started it and has kept it going. Mark Rutledge, CEO of Rehab Carolina Physical Therapy, has reason to be excited. Two decades ago, he came up with the idea of the Lowcountry Splash while running the Cooper River Bridge Run. 'I ran the Bridge Run in like 1992 for the first time, and the motto, of course, is 'get over it' and I'm running it, and I'm an old swimmer; I swam in college, and I'm thinking it'd be cool to get under it. So that's where the idea was born, and then we made it happen in 2002,' Rutledge explained. The splash is a 2.4- or 6-mile swim starting in the Wando River and ending in the Charleston Harbor. It's an annual fan favorite for swimmers. In its early stages, it was a way for Rutledge to raise money for the neonatal intensive care unit at the Medical University of South Carolina, a foundation in his son Logan's name. 'He was born prematurely. He was born at 24 ½ weeks and was in the neonatal intensive care unit at MUSC. He was doing great. They were actually amazed at how well he had been doing for how early he had been born, and then he got an infection. In two days, he died from heart problems,' Rutledge said. 'So, he lived for a month.' The Lowcountry Splash made hundreds of thousands of dollars in the early stages, but a trip to Edisto soon directed the dollars to a new cause. 'We were at Edisto visiting friends, and two kids drowned while we were there. We heard the helicopters, we heard the ambulances, and we were all ex-swimmers at South Carolina. We didn't know what was going on. So I started investigating that and found out that South Carolina had the fourth highest drowning rate per capita in the country.' After discovering this, Rutledge decided to change directions and redirect the money to a program that teaches people how to swim, the Lowcountry Aquatic Program Swimming (LAPS). LAPS teaches students from kindergarten through first grade in Charleston County. 'We were up to teaching 1,700 kids with free swim lessons of kindergarteners and first graders when we were really at our peak before COVID,' Rutledge said. COVID killed the program, but Rutledge is working hard to restore it. The fun fact is that in the 23 swims that have been, no one has ever been bitten by a shark. The splash has raised around $1 million since its inception and will be heading into its 24th race this Saturday. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
23-05-2025
- Yahoo
Driver gets 60 years for deadly Valley chase; WWII vet, his daughter, teen killed
VALLEY, Ala. (WRBL) – A 21-year-old man who led police on a high-speed chase in a stolen car—killing three people in a violent crash—has admitted his crimes in court. Now, he's been sentenced to decades behind bars, as victims' families grapple with grief and giving grace. Wesley McKinnon entered a blind plea to three counts of Reckless Murder, Attempting to Elude Law Enforcement, and Receiving Stolen Property 1st Degree. His sentencing was on May 22 in a Chambers County courtroom. Inside the courtroom, emotions ran high as victims' families shared their pain before McKinnon was sentenced to 60 years in prison—that's 60 years for each reckless murder charge, plus 20 years for eluding police, and 20 more for receiving stolen property. The sentences will run concurrently, meaning McKinnon will serve a single 60-year term. He is expected to serve most of it—possibly until he's 81 years old. Presiding Circuit Judge William Isaac Whorton delivered a forceful rebuke during sentencing. 'You killed three innocent people just as if you had walked up and shot them in the head,' the judge said. 'What you did was so reckless, so beyond the pale—it must be punished as murder.' The deadly pursuit happened on December 28, 2023. Investigators say McKinnon stole a Kia at gunpoint in Union Springs, fled from Valley Police at speeds topping 100 MPH, and crashed into another car while driving in the wrong lane of U.S. Highway 29. The impact claimed the lives of: • Aron C. Haynes, 98, a World War II veteran who served in General Patton's Third Army • Regina Rutledge, 64, Haynes' daughter, who died days later from her injuries • Cadence Brown, 18, a passenger in McKinnon's vehicle The scene was devastating—twisted metal, bloodied airbags, and shattered glass stretched across the highway. First responders fought to save lives, but three families were changed forever. Chesley Rutledge lost both his mother and grandfather in the crash. 'He was such a good grandfather. And Mama? She protected me. I'm an only child. Nobody messed with me. I know she loved me, and I loved her. I'll miss her for the rest of my life,' Rutledge said. He describes his mother as a fierce protector, a devoted caregiver, and a proud grandmother who lived for her family. Regina, Chesley says, was always proud to help others—traits she inherited from her father, Aron, who had lovingly cared for his wife as she battled Alzheimer's until her death. 'I was blessed. I had good parents and good grandparents. I was raised in a good home,' he said. Despite his loss, Chesley speaks with remarkable compassion for the man responsible. 'I'd have been OK with 20 or 30 years for each one. He's just a kid and it got me thinking he probably had a hard road and he just chose the one the wrong road to go down. I don't hate him,' Rutledge said. 'Pop would've said: don't hold a grudge. Don't be mad at nobody. Stay close to your family.' He even believes McKinnon—if given the chance—might one day help others avoid the same path. 'I hope he does school in there and if he comes up for parole years down the road, maybe someone will speak on his behalf. Maybe I will. I don't know,' Rutledge said. 'Maybe he can share his story and keep another family from going through this.' Cadence Brown's mother also shared her heartbreak during the proceedings. She described her daughter as a bright, loving teen who had her whole life ahead of her. 'She was a light,' her mother said. 'How many people is he going to take from this world?' This wasn't McKinnon's first time running from police. At the time of the crash, he was already out on bond in Bullock County for an earlier fatal crash—also following a police pursuit. That case is still pending. McKinnon addressed the families in court, appearing remorseful. 'I'm very sorry,' he said. 'I hope you can forgive me one day.' McKinnon entered a blind plea—meaning he did not seek a deal or take the case to trial. His defense attorney said he admitted his wrongdoing from the beginning and never attempted to shift blame or minimize the outcome. His defense team described his background—a young man with an eighth-grade education, a special education student, and a history of drug use. They argued he never intended to kill anyone, only to get away. But that decision, prosecutors said, showed 'extreme indifference to human life' as they pushed for the maximum sentence, saying their hearts go out to the families—and made it clear: this kind of reckless disregard for life will not be tolerated in Chambers County. Chesley Rutledge said the people of Valley have wrapped around him in the aftermath. 'I had hundreds of phone calls and messages. I still have people checking on me,' he said. 'The Valley area has been good to me and my family.' As the courtroom emptied and McKinnon was led away to begin his 60-year sentence, the families left behind are still picking up the pieces. For Chesley Rutledge, the pain of losing both his mother and grandfather will never fade—but neither will their example of compassion. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
22-05-2025
- Politics
- Yahoo
DuPage County Board member Sheila Rutledge to step down in August
West Chicago Democrat Sheila Rutledge is stepping down from DuPage County Board to focus on her newly elected role as supervisor of Winfield Township. Rutledge's resignation will be effective upon the adjournment of the Aug. 26 county board meeting, according to a news release from the county. Rutledge, who has represented District 6 on county board since 2018, was elected supervisor of Winfield Township in April. Winfield Township is located in DuPage County and comprises most of West Chicago, WInfield and Warrenville, as well as small sections of Wheaton, Naperville, Aurora and Batavia. Reached over the phone, Rutledge said she loves her work on the county board but decided that her focus should be on Winfield Township. When she vied for the supervisor position earlier this spring, Rutledge had always intended on stepping down but anticipated an overlap between the two roles to see through several county projects, she said. In a statement, DuPage County Board Chair Deb Conroy said that she was notified Tuesday of Rutledge's impending resignation. '(Rutledge's) collegial approach and dedication to the residents of District 6 is to be commended,' Conroy said. 'We thank Member Rutledge for her service and wish her well as she focuses on her new role as Winfield Township supervisor.' Rutledge said she will 'always be grateful' for the time she spent as a board member. The position 'created a new life' for Rutledge after her husband died in 2018, she said. 'Widowhood demands a new life,' she said. 'The county board was my vehicle for that. … It was a wonderful, wonderful experience.' Rutledge's term was due to expire in December 2026. Her vacant seat will be filled by Conroy with the advice and consent of the board, according to the county. The new appointee must be a Democrat, the county said. District 6 residents interested in seeking appointment to the board can email a resume and letter of no more than 300 words outlining their interest to Conroy at chair@ The deadline for submission is 4:30 p.m. June 20. News of Rutledge stepping down comes after Naperville Democrats Sadia Covert and Dawn DeSart confirmed earlier this month that they will be vying to keep their District 5 board seats in next year's midterm elections. Naperville City Councilman Ian Holzhauer has also announced that he will be challenging Covert for a four-year seat on the board. tkenny@
