Reunion Gold Announces Appointment of Rick Howes as President and Chief Executive Officer
21 Noviembre 2022 - 7:00AM
The board of directors of Reunion Gold Corporation (TSXV: RGD;
OTCQB: RGDFF) (the “Company”) is pleased to announce that Richard
(Rick) Howes will be appointed to the position of President and
Chief Executive Officer of the Company effective January 1, 2023.
Rick is a mining engineer with over 39 years of experience in the
mining industry, most recently as CEO of Dundee Precious Metals.
Executive Chairman David Fennell stated, “I am very pleased to
welcome Rick to the Reunion Gold management team. Our exploration
team continues to successfully expand the known gold mineralized
footprint at our Oko West project in Guyana. In parallel with this,
we continue to de-risk the project in preparation for the next
stages of development, with the goal of maximizing our strategic
options in the future. As an experienced and successful mining
executive, Rick is particularly well suited for this role”.
Rick Howes has extensive operating, technical
and project development experience in both underground and open pit
mines throughout Canada and internationally. He has a track record
for leading transformational change and operational excellence
wherever he has worked. His passion for safety was instrumental in
leading Vale’s North Mine to win the National Ryan Award for the
safest mine in Canada in 2006. In 2009, Rick joined Dundee Precious
Metals, where as VP and General Manager he led the transformation
of the Chelopech Mine in Bulgaria to reach world class levels of
performance. Rick became COO in 2011 and oversaw several
significant growth capital development projects including the
expansion of the Chelopech Mine, the upgrade and expansion of the
Tsumeb Smelter in Namibia and the development of the greenfield Ada
Tepe open pit gold mine in Bulgaria. All projects totalling over
U.S. $580 M were completed on budget and schedule and met or
exceeded performance expectations. He was appointed CEO in April
2013, where he led the company from a junior gold producer to a
multi-asset mid-tier gold producer generating strong free cashflow
and solid returns to shareholders through dividends and share price
appreciation. Rick retired from Dundee Precious Metals in 2020 and
has since joined several mining company boards. Rick has been
recognized as a visionary leader in mining, organizational
innovation and transformation and was recognized as the Outstanding
Innovator of 2016 by the International Mining Technology Hall of
Fame. He holds a Bachelor of Applied Science with Honours in Mining
Engineering from Queens University, Kingston, Ontario and is a
member of the Institute of Corporate Directors. In joining Reunion
Gold as President and Chief Executive Officer, Rick commented, “I
am thrilled to be joining such a talented team with a tremendous
track record of exploration success. The Oko West discovery is one
of the most exciting new gold discoveries I have seen in many years
and I look forward to engaging with all stakeholders to advance
this world class discovery”. Mr. Howes is expected to be appointed
as a director of Reunion Gold at the Company’s next board
meeting.
The Company is also announcing that Carlos
Bertoni, Interim CEO, will be retiring from the management team
effective January 1, 2023. Carlos has filled the Interim CEO
position since November 2020 and has managed the exploration
programs at Reunion Gold from early 2020. Over these years he has
made a tremendous contribution to the advancement of the Company.
Carlos has achieved enviable success throughout his career,
overseeing discoveries in the Guiana Shield, such as Omai in
Guyana, Rosebel in Suriname, and Dorlin and Montagne d’Or in French
Guiana. More recently, he led the team discovering
Reunion Gold’s Oko West project in Guyana. David Fennell commented:
“On behalf of the board, I would very much like to thank Carlos for
the invaluable contributions he has made to the Company and
congratulate him on his great achievement in the Oko West
discovery”. Carlos will continue to work with the Company in an
advisory capacity.
Cautionary Disclaimer Regarding Forward-Looking
Statements
This press release contains forward-looking
statements and forward-looking information within the meaning of
Canadian securities laws (collectively,
“forward-looking statements”).
Statements and information that are not historical facts are
forward-looking statements. Forward-looking statements are
frequently, but not always, identified by words such as “expects”,
“anticipates”, “believes”, “intends”, “estimates”, “potential”,
“possible” and similar expressions or statements that events,
conditions or results “will”, “may”, “could” or “should” occur or
be achieved. Forward-looking statements and the assumptions made in
respect thereof involve known and unknown risks, uncertainties and
other factors beyond the Company’s control. Forward-looking
statements in this press release include statements regarding
beliefs, plans, expectations or intentions of the Company. Mineral
exploration is highly speculative, characterized by several
significant risks, which even a combination of careful evaluation,
experience and knowledge may not eliminate. Refer to the Company’s
most recent annual management’s discussion and analysis for a
description of such risks.
Forward-looking statements in this press release
are made as of the date herein. Although the Company believes that
the assumptions and factors used in preparing the forward-looking
statements in this press release are reasonable, undue reliance
should not be placed on such statements. The Company undertakes no
obligation to update publicly or otherwise revise any
forward-looking statements, whether as a result of new information
or future events or otherwise, except as may be required by
law.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accept responsibility for the
adequacy or accuracy of this press release.
About Reunion Gold
Corporation
Reunion Gold Corporation is a leading gold
explorer in the Guiana Shield, South America. In 2021 the Company
made an exciting new gold discovery at its Oko West project in
Guyana, where to date, it has outlined continuous gold
mineralization at the Kairuni zone over 2,000 meters of strike and
to a depth of 575 meters. The mineralization appears to be open-pit
amenable with a strong grade profile and favourable initial
metallurgy. In addition to Kairuni, there are several additional
priority exploration targets in the Oko West project area. Reunion
Gold continues to look for additional exploration opportunities
within the Guiana Shield. The Company’s common shares are listed on
the TSX Venture Exchange under the symbol ‘RGD’ and trade on the
OTCQB under the symbol ‘RGDFF’. The Company currently has 990.5
million issued and outstanding common shares.
Additional information about the Company is
available on SEDAR (www.sedar.com) and the Company’s website
(www.reuniongold.com ).
For further information, please contact:
REUNION GOLD CORPORATION Carlos H. Bertoni,
Interim CEO, or Doug Flegg, Business Development
AdvisorDoug_flegg@reuniongold.comTelephone: +1 450.677.2585Email:
info@reuniongold.com
Reunion Gold (TSXV:RGD)
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