Goldstrike Cancels Deal to Acquire Jupiter Copper Project, Chile; Announces Management Change
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Goldstrike Cancels Deal to Acquire Jupiter Copper Project, Chile; Announces Management Change
| November 22, 2023 – Vancouver, Canada - Guyana Goldstrike Inc. (the “Company” or | ||
|---|---|---|
| “Goldstrike”) (TSXV: GYA) announces its binding letter of intent (the “LOI”), dated July 19, | ||
| 2023, to acquire | (the “Transaction”) | the Jupiter Copper Project from Jupiter Electric Metals Inc. |
| has been mutually terminated. | ||
| The Company further announces it will not be proceeding with the concurrent financing or name | ||
| change to Copper X Mining Inc. which were intended to accompany the Transaction. | ||
| The Company also announces the | appointment of Michael Kinley as Chief Financial Officer | |
| ("CFO") effective immediately. Mr. Kinley has been the President of Winslow Associates | ||
| Management & Communications Inc., a private consulting firm which provides professional | ||
| services to junior public companies. Mr. Kinley is a Chartered Professional Account and has | ||
| served as an officer and director for several public companies over the past twenty-five years. | ||
| Mr. Kinley succeeds Mr. Scott Davis who has departed to pursue other interests. On behalf of the | ||
| Company, we welcome Mr. Kinley to the team and thank Mr. Davis for his years of dedication | ||
| and service to the Company. | ||
| The Company is recurrently reviewing and evaluating other resources opportunities. | ||
| On behalf of the Board of Directors of |
GUYANA GOLDSTRIKE INC.
Peter Berdusco CEO
1-877-844-4661
Neither the 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.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the intended development of the Project, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.