Steppe Gold Limited (TSX: STGO) - Announcement Update 1
TSX: STGO TSX: STGO
DRILLING COMMENCES AT ATO PROJECT
Announcement JULY 11, 2018
CAPITALIZATION BOARD & EXECUTIVE APPOINTMENT
TORONTO -- Steppe Gold Limited (TSX: STGO) (the “Company” or “Steppe Gold”) is pleased TSX Symbol: STGO to announce the appointments of Mr. Jeremy South as Senior Vice President and Chief Total Basic Shares O/S (M): 42.9 Financial Officer and Mr. Sheldon Vanderkooy as Director to the Board effective immediately.
Mr. South has been a Director of Steppe Gold since March 2017 and is resigning from the
BOARD OF DIRECTORS
Board of Directors to take on the CFO role. He has over 30 years of experience in M&A, capital markets and private equity in Europe, North America and Australia, including senior
MATTHEW WOOD
positions in investment banking at Deutsche Bank, NatWest Markets and Deloitte.
Chairman, President and CEO BATAA TUMUR-OCHIR For 10 years ending December 2016, Mr. South was Global Leader, Mining M&A Advisory at Deloitte. Previously based in Beijing for four years, he also advised leading Asian trading Director and Vice President Mongolia houses and financial investors on mining M&A, financing and strategy, and he's counted
ANEEL WARAICH
Director and Executive Vice President among some of Asia’s largest companies as clients. Mr. South brings his extensive mining experience and network of contacts in Mongolia to Steppe Gold having worked on a number of transactions through the years. He also acts as Chairman of Aldridge
JEREMY SOUTH
Director Minerals Inc. Mr. South is a Chartered Accountant and he holds a Bachelor of PATRICK MICHAELS Economics degree from Monash University (Australia).
Director The company also welcomes the appointment of Mr. Sheldon Vanderkooy, as Director of
DR. ZAMBA BATJARGAL
Steppe Gold Ltd. Mr. Vanderkooy is currently the General Counsel of Triple Flag Mining Director Finance Ltd. The Triple Flag Group primarily targets streaming and royalty investments in the LEWIS MARKS mining sector, and has investments in Canada, Australia, the United States, Peru and Director Mongolia. Prior to joining The Triple Flag Group, he was Assistant General Counsel at First Quantum Minerals Ltd and Senior Director, Legal Affairs at Inmet Mining Corporation.
CONTACT INFORMATION
Mr. Vanderkooy has also worked as a corporate and securities partner at Blake, Cassels & THE COMPANY’S HEAD OFFICE: Graydon LLP in Toronto, Canada and as a Chartered Accountant at Ernst & Young LLP. Mr. Vanderkooy holds a law degree from the University of Western Ontario (gold medallist) and a Shangri-La office, Suite 1201, Bachelor of Commerce (Honours) from Queen's University.
Olympic street 19A, Sukhbaatar District 1, “We are very pleased to welcome Mr. Vanderkooy as a Director to Steppe Gold. He brings an Ulaanbaatar 14241, Mongolia extensive wealth of mining, legal, securities and international business experience to the company in addition to the continued strong support of Triple Flag Mining Finance as Tel: +976 7732 1914 our shareholder and partner. The Company will benefit greatly from Mr. Vanderkooy’s
TORONTO OFFICE:
expertise in stewarding good corporate governance as we continue to grow,” said Matthew 90 Adelaide Street W, Suite 400 Wood, Chairman, President and CEO of Steppe Gold.
Toronto, ON M5H 3V9, “Additionally, I am very pleased that Mr. South will be joining Steppe Gold as our Chief Canada Financial Officer. Mr. South has the specific skills in corporate governance and financial Tel: +1 647 697 0577 controls that we are looking for as we rapidly advance our gold and silver projects in Mongolia. In addition, our stakeholders are global and his deep networks across the mining
TRANSFER AGENT:
world will greatly assist our development. He has significant finance experience in Mongolia and we are confident he will be a strong addition to our executive team.” said Wood.
Lori Winchester Senior Relationship Manager, Client
Matthew Wood
Management
Chairman, President and CEO Steppe Gold Limited
Phone: +1 416 607-7898 Cell: +1 416 671-4558 Email: [email protected]
ABOUT STEPPE GOLD
Steppe Gold is a precious metals exploration and development company with an aggressive growth strategy to build Steppe into the premier precious metals company in Mongolia. The Company owns the advanced staged Altan Tsaagan Ovoo (ATO) gold project, where first gold production is targeted for late 2018, and the exciting Uudam Khundii (UK) gold exploration project. Mongolia is open for business, pro mining development and one of the last great frontiers where giant mineral deposits can be found and developed.
Steppe Gold Limited (TSX: STGO) - Announcement Update