GT Gold Announces the appointment of Ms. Lana Shipley as a Non-Executive Director
16 Septiembre 2020 - 4:30PM
GT Gold Corp. ("GT Gold" or the "Company") (TSX-V: GTT) today
announced the appointment of Ms. Lana Shipley as non-executive
director of GT Gold. The appointment aligns with the Company’s
continuous improvement strategy through the expansion of expertise
and diversity of personnel at the Board of Directors (“the Board”)
level. A corporate lawyer specializing in Indigenous and
environmental law, Ms. Shipley will contribute significant
expertise relevant to the Company’s operations on and around the
traditional territories in northwestern British Columbia, where the
Tatogga property is located.
“On behalf of the Board, I am thrilled to
welcome Lana and look forward to working together in leveraging her
insight and experience,” commented Mr. Ashwath Mehra, Executive
Chairman of GT Gold. “Lana's experience and understanding of
Indigenous and environmental law in relation to project development
in the mining industry will be a huge asset for us as we as we
build on the momentum of our maiden resource estimate and chart the
future of GT Gold in this exciting new area of prospectivity in
British Columbia.”
Ms. Shipley has over 14 years of experience
practicing corporate and commercial law in Canada. She is a Partner
at Lawson Lundell LLP in Vancouver, working with public and private
companies in a wide range of industries, including mining, energy
and natural resources, and advising public companies on regulatory
matters, continuous disclosure and corporate governance practices.
Ms. Shipley’s Indigenous and environmental law practice involves
assisting with the negotiation of impact benefit and other
agreements with Indigenous groups in relation to proposed
developments, as well as permitting and regulatory matters that
arise in the development of both large and small projects. Ms.
Shipley holds both a B.A.Sc. and an LL.B. from the University of
British Columbia.
The appointment is effective immediately. Ms.
Shipley will be nominated for election at the Company’s next Annual
General Meeting.
Options Granted to New
Appointee
In connection with the Board appointment, the
Company has issued 300,000 stock options at an exercise price of
$1.55 per option, and valid for a period of five years from the
date of grant. The options vest in three equal tranches as follows:
one-third at one year from the date of grant, an additional third
at two years from the date of grant, and the final third three
years from the date of grant.
About GT Gold
GT Gold Corp. is focused on exploring for base
and precious metals in the geologically fertile terrain of British
Columbia’s renowned Golden Triangle. The Company’s flagship asset
is the wholly-owned, 46,827 hectare Tatogga property, located near
Iskut, BC, upon which it made two significant discoveries in 2017
and 2018 at its Saddle prospect: a precious metal rich vein system
at Saddle South and a gold rich copper porphyry system at Saddle
North.
For further information, please contact: |
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GT Gold Corp. |
GT Gold Corp. |
Paul Harbidge |
Shawn Campbell |
President and Chief Executive Officer |
Chief Financial Officer |
Tel: (236) 427 5744 |
Tel: (236) 427 5744 |
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Website: www.gtgoldcorp.ca
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info@gtgoldcorp.ca |
Cautionary Statement Regarding Forward
Looking Statements
This news release contains forward-looking
statements and forward-looking information (together,
"forward-looking statements") within the meaning of applicable
securities laws. All statements, other than statements of
historical facts, are forward-looking statements. Generally,
forward-looking statements can be identified by the use of
terminology such as "plans", "expects”, "estimates", "intends",
"anticipates", "believes" or variations of such words, or
statements that certain actions, events or results "may", "could",
"would", "might", "will be taken", "occur" or "be achieved".
Forward looking statements involve risks, uncertainties and other
factors disclosed under the heading “Risk Factors” and elsewhere in
the Company’s filings with Canadian securities regulators, that
could cause actual results, performance, prospects and
opportunities to differ materially from those expressed or implied
by such forward-looking statements. Although the Company believes
that the assumptions and factors used in preparing these
forward-looking statements are reasonable based upon the
information currently available to management as of the date
hereof, actual results and developments may differ materially from
those contemplated by these statements. Readers are therefore
cautioned not to place undue reliance on these statements, which
only apply as of the date of this news release, and no assurance
can be given that such events will occur in the disclosed times
frames or at all. Except where required by applicable law, the
Company disclaims any intention or obligation to update or revise
any forward-looking statement, whether as a result of new
information, future events or otherwise. Neither the 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.
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