Margaret Lake Diamonds Announces Board Changes
VANCOUVER, BC / June 27, 2022 / Margaret Lake Diamonds Inc. ("MLD" or the "Company") (TSXV:DIA) (FKT:M85) (OTC PINK:DDIAF) wishes to announce changes to its Board of Directors. Effective June 27, 2022 Mr. Timlick is appointed as a member of the Board of Directors and is replacing Mr. Neil Foran who has resigned from the Board for personal reasons.
Mr. Timlick is President of Triplet Management a boutique business management consulting firm for Startup companies to build out their business models, find capital to develop / grow their businesses and ultimately take the companies to the public market.
Mr. Timlick was most recently Vice-President, Western Canada, for Avaya a Telecommunications company. He has extensive knowledge of the public market and has been acting as an independent public board member since 2005 for Resource / Mining companies, Software Fintech Technology companies and a Wellness Company. Mr. Timlick has a total public board member experience of 31+ years with a number of companies listed on the TSX, TSX.V, NASDAQ and the CSE.
Prior to Avaya, Mr. Timlick was the Regional Sales Leader of Western Canada for Arista Networks, a provider of Cloud Networking Solutions for large data center and computing environments. Between 1991 and 2004, Mr. Timlick was with Cisco Systems Canada where he was responsible for opening and developing The board is very pleased to have Mr. Timlick as part of the team as it moves the company forward. the Western Canada sales region.
About Margaret Lake Diamonds Inc.
MLD is a Canadian based mineral exploration company. As part of its joint venture with Arctic Star Exploration, MLD holds an 18.5 per cent interest in the Diagras diamond project Northwest Territories property. The property hosts 13 known kimberlites originally discovered by DeBeers in the 1990’s and MLD believes there is an opportunity to apply modern exploration techniques to define additional kimberlites. Additionally, MLD owns 100% interest in the Mormon Lake Uranium Property near Payson, Arizona.
On behalf of the board
Margaret Lake Diamonds Inc.
"Yari Nieken"
President/Chief Executive Officer, Chairman Tel: 604.328.0425 email: [email protected]
Disclaimer for Forward-Looking Information:
Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Forward-looking statements in this press release relate to, among other things: completion of the proposed Arrangement. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There is no assurance any of the conditions for closing will be met. Forward-looking statements reflect the beliefs, opinions, and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law
Neither 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.