Tocvan Adds Depth to the Board with the Appointment of Fred Jones. Tocvan Ventures Corp. (“ Tocvan ” or the “ Company ”) (TOC:CSE) announces that effective immediately, Mr. Fred Jones has agreed to join the board of directors of Tocvan. Mr. Jones has a Bachelor of Science in
PRESS RELEASE
February 18, 2020
Tocvan Adds Depth to the Board with the Appointment of Fred Jones.
Tocvan Ventures Corp. (“ Tocvan ” or the “ Company ”) (TOC:CSE) announces that effective immediately, Mr.
Fred Jones has agreed to join the board of directors of Tocvan. Mr. Jones has a Bachelor of Science in
Accountancy as well as his Master of Business Administration.
From 1998 to 2006 Mr. Jones was the Vice President of Bear Stearns & Co in San Francisco and London. In
2006, he was the founding Managing Director of Jutland Capital Management in Vancouver, specializing in
global fixed income, commodities, currency research and portfolio management. In 2007, he founded Jutland
Group in Hong Kong, where he is consulting Chairman to the company, responsible for overseeing commodity
operations, financing and investment management operations.
With other positions held at firms such as Morgan Stanley & Co, Merrill Lynch & Co. and nearly 25 years’
experience working directly in distressed investment, private lending/direct investment, fixed income,
foreign exchange and commodity portfolio management, the Company is very pleased to have someone of Mr.
Jones’ caliber joining the board.
Mr. Jones commented: “I am happy to be joining an organisation dedicated to building value in the metals
industry, through smart acquisitions of distressed assets. I am highly impressed with the quality of the
individuals involved, and I am looking forward to assisting in developing a portfolio of first-class precious
metals assets”.
Derek Wood, Tocvan Ventures Corp. CEO commented: Mr. Jones is a great addition to the Tocvan Board. His
experience, expertise and vast industry contacts will assist Tocvan with alternative less dilutive financing
capabilities once projects become further de-risked.
The Company has granted 150,000 stock options to Mr. Jones at an exercise price of $0.20 effective today. The
options are exercisable for 5 years and will be cancelled 90 days after cessation of acting as director, officer,
employee or consultant of the Company.
About Tocvan Ventures Corp .
Tocvan is a well-structured exploration mining comp any. Tocvan was created in order to take advantage of the
prolonged downturn the junior mining exploration se ctor, by identifying and negotiating interest in op portunities
where management feels they can build upon previous success. Tocvan Ventures currently is earning into two
existing opportunities: the Pilar Gold project in t he Sonora state of Mexico; and the Rogers Creek pro ject in
Southern British Columbia. Management feels both op portunities represent tremendous opportunity.
Cautionary Statement Regarding Forward Looking Statements
This news release contains “forward-looking informa tion” which may include, but is not limited to, sta tements with respect to the
activities, events or developments that the Company expects or anticipates will or may occur in the fu ture. Forward-looking
information in this news release includes statement s regarding the use of proceeds from the Offering. Such forward-looking
information is often, but not always, identified by the use of words and phrases such as “plans”, “exp ects”, “is expected”,
“budget”, “scheduled”, “estimates”, “forecasts”, “i ntends”, “anticipates”, or “believes” or variations (including negative
variations) of such words and phrases, or state tha t certain actions, events or results “may”, “could” , “would”, “might” or
“will” be taken, occur or be achieved.
These forward-looking statements, and any assumptio ns upon which they are based, are made in good fait h and reflect our
current judgment regarding the direction of our business. Management believes that these assumptions are reasonable. Forward-
looking information involves known and unknown risk s, uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be ma terially different from any future results, perform ance or achievements
expressed or implied by the forward-looking informa tion. Such factors include, among others, risks rel ated to the speculative
nature of the Company’s business, the Company’s for mative stage of development and the
Company’s financial position. Forward-looking state ments contained herein are made as of the date of t his news release and the
Company disclaims any obligation to update any forw ard-looking statements, whether as a result of new information, future
events or results, except as may be required by applicable securities laws.
There can be no assurance that forward-looking info rmation will prove to be accurate, as actual result s and future events could
differ materially from those anticipated in such st atements. Accordingly, readers should not place und ue reliance on forward-
looking information.
FOR MORE INFORMATION, PLEASE CONTACT:
TOCVAN VENTURES CORP.
Derek A. Wood, President & CEO
Suite 1150 Iveagh House,
707 – 7 th Avenue SW
Calgary, Alberta T2P 3H6
Telephone: 403-668-7855
Email: [email protected]
This news release does not constitute an offer to s ell or a solicitation of an offer to sell any of th e securities in the United States.
The securities have not been and will not be regist ered under the United States Securities Act of 1933 , as amended (the "U.S.
Securities Act") or any state securities laws and m ay not be offered or sold within the United States or to U.S. Persons unless
registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.