VANCOUVER, BC, March 18, 2021 /CNW/ - Eminent Gold Corp.
(TSXV: EMNT) (the "Company" or "Eminent") is pleased to announce
that it has appointed Ann Carpenter
to its Board of Directors. Ms. Carpenter holds a Bachelors in
Geology and has over 35 years of experience in mining and mineral
development, legislation and government affairs, sustainability,
and project development. She was formerly the President, COO, and
Director of US Gold Corp. and is currently the CEO and Director of
Remote Energy Solutions LLC and Director of Ensign Gold. Her work
spans the globe, having worked in the USA, Mexico,
South America, Africa, and Canada. She has been active for over three
decades in many professional societies and associations, including
American Exploration & Mining Association, Geological Society
of Nevada, and MMSA.
Paul Sun, President and CEO of
the Company commented:
"We are thrilled to bring Ann onto
the board as she is a seasoned mining and mineral development
professional with over thirty-five years in our industry. She comes
with global experience in corporate and business development,
property and corporate valuation, and strategic planning and
implementation. Ann's background and experience will be a
significant complement to the company's active growth plans of
making world class discoveries in Nevada.
I would also like to thank Sam
Vella for his involvement as a long standing director and
for his part in the formation of Eminent Gold."
Ms. Carpenter commented:
"The quality of the
exploration projects that have been assembled in Nevada are impressive for a place that has
seen so much exploration. Eminent's technical team has impressed me
with the work they have done so far and I am honored to assist them
to build a solid foundation here, in my backyard, where I can
contribute on multiple levels."
Eminent also announces that Samuel
Vella is stepping down from the Board of Directors effective
March 18, 2021 but will remain a
consultant to the Company. Eminent would like to thank Samuel Vella for his service as a valued board
member since 2017.
In connection with Ms. Carpenter's appointment, the Company has
granted 150,000 incentive stock options to Ms. Carpenter at
$0.79 per share, exercisable for a
period of 5 years. The stock options will vest immediately and
are subject to the terms of the Company's Stock Option Plan and any
necessary regulatory approvals.
On behalf of the Board of Directors,
"Paul Sun"
CEO and Director
About Eminent Gold
Eminent Gold is a gold exploration company focused on creating
shareholder value through the exploration and discovery of
world-class gold deposits in Nevada. Its multidisciplinary team has had
multiple successes in gold discoveries and brings expertise and new
ideas to the Great Basin. The Company's exploration assets in the
Great Basin include: Hot Springs Range Project, Weepah, and Spanish
Moon District.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This news release contains certain statements that may be
deemed "forward-looking statements" with respect to the Company
within the meaning of applicable securities laws. Forward-looking
statements are statements that are not historical facts and are
generally, but not always, identified by the words "expects",
"plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or
conditions "will", "would", "may", "could" or "should" occur.
Forward-looking statements made in this news release may include
the Company's exploration plans for the Hot Springs Range Project,
the Weepah Project, and the Spanish Moon District Project.
Although Eminent Gold Corp. believes the expectations expressed in
such forward-looking statements are based on reasonable
assumptions, including the assumption that records and reports of
historical work are accurate and correct, such statements are not
guarantees of future performance, are subject to risks and
uncertainties, and actual results or realities may differ
materially from those in the forward-looking statements. Such
material risks and uncertainties include, but are not limited to,
the Company's ability to raise sufficient capital to fund its
obligations under its property agreements going forward, to
maintain its mineral tenures and concessions in good standing, to
explore and develop the Company's projects or its other projects,
to repay its debt and for general working capital purposes; changes
in economic conditions or financial markets; the inherent hazards
associates with mineral exploration and mining operations, future
prices of gold, silver and other metals, changes in general
economic conditions, accuracy of mineral resource and reserve
estimates, the ability of the Company to obtain the necessary
permits and consents required to explore, drill and develop the
Company's projects and if obtained, to obtain such permits and
consents in a timely fashion relative to the Company's plans and
business objectives for the projects; the general ability of the
Company to monetize its mineral resources; and changes in
environmental and other laws or regulations that could have an
impact on the Company's operations, compliance with environmental
laws and regulations, aboriginal title claims and rights to
consultation and accommodation, dependence on key management
personnel and general competition in the mining industry.
Forward-looking statements are based on the reasonable beliefs,
estimates and opinions of the Company's management on the date the
statements are made. Except as required by law, the Company
undertakes no obligation to update these forward looking statements
in the event that management's beliefs, estimates or opinions, or
other factors, should change.
SOURCE Eminent Gold Corp.