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Industry Veterans Join General Fusion

New CFO and VP Government Relations and Corporate Affairs Strengthen Management Team

Burnaby BC– April 19, 2016 – Nathan Gilliland, Chief Executive Officer of innovative cleantech company General Fusion, announced today the appointment of two new members to the company’s senior management team.

Bruce Colwill, formerly of Neuromed Pharmaceuticals, has been appointed Chief Financial Officer (CFO) of General Fusion. Mr. Colwill brings more than 25 years of experience, including as the CFO of technology companies in their pre-commercial stages, to General Fusion.  As the CFO of multiple public and private companies, Mr. Colwill has been responsible for fundraising in excess of US$400 million including private and public financing, debt, a Nasdaq IPO and other structured financings.

“I’m thrilled to be joining General Fusion,” said Mr. Colwill. “The company is at an exciting point in its evolution and I look forward to contributing my experience to assist the company in raising capital as well as day-to-day financial and business operations as it pursues its goal of developing commercial fusion energy.”

Jean-François Béland has been appointed Vice President Government Relations and Corporate Affairs at General Fusion. Most recently, Mr. Béland was Executive Vice-President of AREVA Canada, the Canadian division of the international nuclear energy company.  As well, Mr. Béland has extensive experience in government including in the Office of the Prime Minister of Canada, where he served as Policy Advisor on Treasury Board and Governance. He has served on the board of AREVA NP Canada Ltee. since 2008, and also sits on the Board of Trustees of the National Gallery of Canada. In 2013, Mr. Béland was appointed a Chevalier of the National Order of the Legion of Honour, France’s highest honour.

“I see General Fusion as the most dynamic clean energy company in the country,” said Mr. Béland. “General Fusion’s technology is a potential game changer for Canada and the world.  It is important that we keep governments at all levels informed about our program and progress, and look for opportunities to collaborate in developing this technology.”

Mr. Beland will be based near Ottawa, the national capital.

“The appointment of Bruce Colwill and Jean-François Béland represents the continuing evolution of General Fusion as a cleantech leader,” said CEO Nathan Gilliland. “Our ability to attract such world-class talent is an indication of General Fusion’s progress and reputation as a clean energy pioneer. Bruce and Jean-François bring a wealth of experience to General Fusion which will complement the existing strengths of our management team.”

About General Fusion:

General Fusion is developing the fastest, most practical, and lowest cost path to commercial fusion energy. The company was established in 2002 and is supported by a global syndicate of leading energy venture capital funds, industry leaders, and technology pioneers, including: Chrysalix Energy Venture Capital, Bezos Expeditions, Khazanah Nasional Berhad, Cenovus Energy, Growthworks, Braemar Energy Ventures, BDC, Entrepreneurs Fund, SET Ventures, Sustainable Development Technology Canada, and NRC-IRAP.