Pfaffenberger as a Director
SILVER GRAIL RESOURCES LTD.
2130 Crescent Road Victoria, BC V8S 2H3 Phone: (778) 430-5680 Website: www.silvergrail.com
NEWS RELEASE--- SILVER GRAIL ANNOUNCES APPOINTMENT OF DR. WILLIAM PFAFFENBERGER AS A DIRECTOR
June 21, 2016, Vancouver, BC: Silver Grail Resources Ltd. (“Silver Grail) (“SVG”-TSX-V) ("KD7"-Frankfurt) (“SVGAF”—OTCBB) announces the appointment of William Pfaffenberger to its Board of Directors. Dr. Pfaffenberger previously served as a Member of the Board of Governors of the University of Victoria, was Chair of the Mathematics and Statistics Dept. at the university, and Chair of the Board of Pension Trustees for 11 years overseeing a fund of over $400 million. He has a B.A., M.A. and Ph.D. from the University of Oregon.
Dr. Pfaffenberger has been a director of Cancana Resources Corporation since April, 2008 and is also President and a director of Saint Jean Carbon Inc. having joined that company in April, 2006. He is also President of a private minerals company, Fundamental Resources Corp.
D. Cremonese, P.Eng., President and CEO of Silver Grail said: “We are very pleased to welcome someone of Dr. Pfaffenberger’s calibre to the Board of Directors. He has a strong background both in financial matters and in mineral exploration, and is very well acquainted with the geology of the Stewart region having held claims in that area for many years.”
About Silver Grail
Silver Grail owns interests in twelve properties in the prolific “Golden Triangle” area of northwestern British Columbia, many of them centred around the promising Red Mountain gold property which is presently being primed for production in 2018. Shareholders and other interested parties can access information about Silver Grail by visiting the Company’s website, www.silvergrail.com.
Respectfully:
“Dino Cremonese, P.Eng.”
President, Silver Grail Resources Ltd.
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This news release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon. Silver Grail Resources Ltd. does have an ongoing obligation to disclose material information, as it becomes available.
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