Rackla Metals announces Board changes and stock option grants
Rackla Metals announces Board changes and stock option grants
Vancouver, British Columbia – April 17, 2025 – Rackla Metals Inc. (TSX-V: RAK) (the “Company”) is pleased
to announce the appointment of Tom Garagan to its Board of Directors. Mr. Garagan is a geologist with a
Bachelor of Science (Honours) degree in geology from the University of Ottawa and over 40 years of
experience working in North and South America, East and West Africa and Russia. He is a founder of
B2Gold Corp. (NYSE:BTG, TSX:BTO) and recently retired after serving as Senior Vice President, Exploration
of B2Gold since 2007. Prior to that, he was Vice President of Exploration of Bema Gold. Mr. Garagan is a
founding Director of BeMetals Corp. (TSX-V:BMET) and has served as a director and/or officer of several
other public companies operating in the resource sector.
The Company also announces that Bruce Smith has stepped down as a director of Rackla in order to focus
on his role as President and CEO of Radius Gold Inc. (TSX-V:RDU). The Board of Directors and management
of Rackla appreciate his valuable contributions to the Company over the past many years.
Additionally, the Company has granted incentive stock options to its directors and officers to purchase up
to an aggregate of 1,000,000 shares of Rackla, exercisable for up to ten years at a price of $0.25 per share.
About Rackla
Rackla Metals Inc. (TSX -V: RAK) is a Vancouver, Canada based junior gold exploration company. The
Company is targeting Reduced Intrusion-Related Gold Systems (RIRGS) mineralization on the southeastern
part of the Tombstone Gold Belt in eastern Yukon and w estern Northwest Territories. Management
believes that this area, which is underexplored for RIRGS deposit types, has the potential to be the next
frontier for their discovery.
ON BEHALF OF THE BOARD
Simon Ridgway,
CEO and Director
Tel: (604) 801-5432; Fax: (604) 662-8829
Email: [email protected]
Website: www.racklametals.com
1111 Melville Street, Suite 1000
Vancouver, BC V6E 3V6, Canada
www.racklametals.com
T 604.801.5432
F 604.662.8829
TF 1.888.627.9378
TSX.V: RAK
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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 news release.
Forward-Looking Information
Certain statements contained in this news release constitute forward -looking statements within the meaning of
Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-
looking statements and include, without limitation, the Company’s future exploration activities; and general business
and economic conditions. Often, but not always, these forward looking statements can be identified by the use of
words such as “estimate”, “estimates”, “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”,
“detailed”, “has been”, “gain”, “upgraded”, “offset”, “limited”, “contained”, “reflecting”, “containing”, “remaining”,
“to be”, “periodically”, or statements that events, “could” or “should” occur or be achieved and similar expressions,
including negative variations.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be materially different from any results, performance
or achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among
others, changes in general economic conditions and financial markets; the Company or any joint venture partner not
having the financial ability to meet its exploration an d development goals; risks associated with the results of
exploration and development activities, estimation of mineral resources and the geology, grade and continuity of
mineral deposits; unanticipated costs and expenses; and such other risks detailed from time to time in the Company’s
quarterly and annual filings with securities regulators and available under the Company’s profile on SEDAR + at
www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual
actions, events or results to differ materially from those described in forward-looking statements, there may be other
factors that cause actions, events or results to differ from those anticipated, estimated or intended.
Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of
management, including but not limited to: that the Company’s stated goals and planned exploration activities at its
properties will be achieved; that there will be no material adverse change affecting the Company, its properties or its
securities; and such other assumptions as set out herein. Forward-looking statements are made as of the date hereof
and the Company disclaims any obligation to update any forward -looking statements, whether as a result of new
information, future events or results or otherwise, except as required by law. There can be no assurance that forward-
looking statements will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, investors should not place undue reliance on forward -looking
statements.