PNG Copper Inc. Announces the Appointment of Dr. David Lindley as interim CEO, Review of Drilling Program
PNG Copper News Release – September 28, 2021
PNG Copper Inc. Announces the Appointment of Dr. David Lindley as interim
CEO, Review of Drilling Program
Timmins, Ontario (September 28, 2021) – PNG Copper Inc. (CSE: PNGC) (“PNG Copper” or
the “Company”) is pleased to announce the appointment of Dr. David Lindley as acting Chief
Executive Officer of the Company, effective immediately.
The Company’s existing drill program has been put on hold and Dr. Lindley will be travelling
to Papua New Guinea to complete a review and assessment of the site and equipment and
will then prepare recommendations to the Company for a comprehensive plan to restart and
execute drilling. The review and recommendation process is to be principally financed by one
of the Company’s current directors, Stephen Grey.
The Company would like to acknowledge the contribution of Iain Martin in the founding and
initial development of the Company. Mr. Martin has resigned as a director and as interim-
Chief Executive Officer of the Company. Steven Balch, also a director of the Company, has
advised the Company that effective as of the close of business today, September 28, 2021,
he is resigning from the Company’s board of directors. The Company thanks Steve for his
contribution.
About PNG Copper Inc.
PNG Copper Inc. is a mineral exploration company focused on acquiring, exploring, and
developing quality mineral properties in Papua New Guinea. The Company’s core values are
respect for the Community, the Landowners, the environment and operating a safe
workplace for its employees. The Company is also committed to best practice standards of
Corporate Governance.
For further information please visit the Company’s website at pngcopper.ca or contact:
PNG Copper Inc.
Paul Rokeby, Chief Financial Officer
Tel: +1.705.465.1880
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of
the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
PNG Copper News Release – September 28, 2021
Forward-Looking Statements
This Press Release contains forward-looking statements, within the meaning of applicable securities laws, that involve risks
and uncertainties, which may cause actual results to differ materially from the statements made. Such statements reflect
the Company's present views, future plans, objectives or goals, including words to the effect that the Company or
management expects a stated condition or result to occur. When used in this document, the words "may", "would", "could",
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify
forward-looking statements. Since forward-looking statements are based on assumptions and address future events and
conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on
information currently available to the Company, the Company provides no assurance that actual results will meet
management's expectations. Many risks, uncertainties, and other factors involved with forward-looking information could
cause our actual results to differ materially from the statements made, including those factors discussed in filings made by
us with the Canadian securities regulatory authorities.
Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this
news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of
this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The
Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of
new information, future events or otherwise, other than as required by law.