VANCOUVER, British Columbia, April 21, 2023 (GLOBE NEWSWIRE) — American Future Fuel Corporation AMPSK14 WKN: A3DQFB,AFFCF (The “Pursue“, or “American fuel of the future“) announces that Mr. David Suda will assume the appointment as Chief Executive Officer and Director of the Company effective April 21, 2023.

Mr. Suda brings 15 years of capital markets experience to the firm along with strong relationships and expertise in corporate strategy, capital raising, sustainability performance and marketing. Mr. Suda is a financial professional having previously served as a Managing Director at both Beacon Securities Limited, a global investment bank, and Paradigm Capital, a research-based investment dealer. In both roles, he has been instrumental in raising over $10 billion for private and public companies. During his career in the capital markets, Mr. Suda developed close relationships with institutional managers. Mr. Suda is a graduate with honors from York University, where he earned a bachelor’s degree in environmental studies.

“I look forward to leading a company that has tremendous potential and a clear path to advancement to the next level. Our Cebolleta project is located in the prolific Grants Mineral Belt, which accounts for approximately 37% of all uranium production in the United States. Cebolleta is an advanced stage project with significant past uranium production and several historically defined deposits which we believe can be efficiently converted to 43-101 compliant resources. In addition, several hundred historic mineralized drill holes from the southern half of the property have not been accounted for and present a significant opportunity for growth. I look forward to working with the local team to build a significant player in the United States uranium sector,” explained Mr. Suda, CEO of the company

Mr. Luke Montaine, the Company’s current CEO, will step down effective the same date. The board wants…