Standard Metals Processing, Inc. announced that James McBurney has accepted the company's nomination to join the Company's board of directors as the lead independent director. Mr. McBurney has over 25 years of experience as an investment banker and executive of natural resource companies. During the course of his career, he has completed in excess of $25 billion in M&A transactions and $28 billion in financings.

He is currently a Director at Victoria Oil & Gas Plc (Independent Non-Executive Director, Member of Audit Committee and Member of Remuneration Committee) and Sears Canada Inc. (Non-Executive Director, Member of Audit Committee and Member of Nominating & Corporate Governance Committee).