RooGold Announces Appointment of Carlos Espinosa as New CEO
82 Richmond St. E., Toronto, ON M5C 1P1
ROO GOLD ANNOUNCES APPOINTMENT OF CARLOS ESPINOSA AS
NEW CEO
VANCOUVER, BC – February 9, 2022 – (CSE: ROO) (OTC: JNCCF ) (Frankfurt: 5VHA) –
RooGold Inc. (“ RooGold” or the “Issuer ”) is pleased to announce the appointment of Carlos
Espinosa as Chief Executive Officer (CEO) , President and m ember of the Board of Directors,
effective March 4th, 2022. Mr. Espinosa replaces Michael Mulberry, who will remain a Director
of RooGold. In addition to these changes, Yana Borovskaya has agreed to step down from the
Board of Directors concurrent with the appointment of Mr. Espinosa.
Carlos Espinosa is a mining executive with over 25 years of experience within Canadian capital
markets, international business development and commercial banking. He is Director and former
President & CEO of Monarca Minerals an exploration mining company with gold and silver assets
in Mexico and former CFO of Fredonia Mining, Inc., a gold exploration mining com pany in
Argentina.
Carlos has held Director roles with Silver X Mining, a silver producer from Peru and is a former
advisor of Mineros SA, a Colombian gold producer with operations in Colombia, Nicaragua and
Argentina. Prior to this , Mr. Espinosa was at the Toronto Stock Exchange (TSX) and the TSX
Venture Exchange (TSXV), where he was Head of Business Development, Global Mining.
Recognized for his leadership and long- term business relationships with C -level executives,
government officials, and clients globally.
Mr. Espinosa earned an MBA from Kellogg School of Management at Northwestern University
and a Bachelor of Business Administration at UNAM - “Universidad Nacional Autónoma de
Mexico”.
Carlos Espinosa commented, “I am looking forward to working wi th such a formidable geological team,
specifically, Alexandra Bonner, with her in- depth knowledge of New South Wales Austr alia, Quinton
Hennigh, a world class economic geologist with immense experience and knowledge of Australian geology
and Chris Wilson, another world class geologist that was responsible for pulling together such a large,
highly prospective land package and is used to managing such district scale properties during his time as
exploration manager of Ivanhoe.”
The RooGold Board of D irectors would like to sincerely thank Michael Mulberry for his
dedication,significant contributions, and years of service with the Company and we look forward
to his continued contribution as a valued member of the Board. The Board of Directors would also
like to thank Yana Bobroskaya for her valued contributions, and wish her success as she moves on
to pursue other ventures.
Issuance of Stock Options
82 Richmond St. E., Toronto, ON M5C 1P1
RooGold has issued 750,000 incentive stock options (the “Options”) to certain directors, officers,
employees, and consultants of the Company. The Options have an exercise price of $0.25 and are
exercisable for a period of five (5) years, expiring February 9, 2027. The Options will vest over a
period of two (2) years fro m February 9, 2022 (the “ Effective Date ”), with 1/3 rd vesting
immediately, 1/3rd vesting one year from the Effective Date, and the final 1/3 rd vesting two years
from the Effective Date.
For further information please contact:
Ryan Bilodeau
T: 416-910-1440
Forward-Looking Statements
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Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”,
“intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or
conditions “may” or “will” occur.
Although the Issuer believes that the expectations reflected in applicable forward-looking statements are
reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking
statements are subject to risks and uncertainties that may cause actual results, performance or
developments to differ materially from those contained in such statements.
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