American Eagle Gold Appoints Kevin Canario to CFO
American Eagle Gold Appoints Kevin Canario
to CFO
TORONTO
,
Dec. 20, 2021
/CNW/ - American Eagle Gold Corp. ("
American Eagle Gold
" or the
"
Company
") (TSX.V: AE) is pleased to announce that
Kevin Canario
has been appointed the
Company's Chief Financial Officer. Most recently, he was Corporate Controller of Battle North Gold
Corporation where he was instrumental in the eventual sale of the Bateman Gold project. Prior to
this, Mr. Canario was the CFO of INV Metals Inc. and worked at PricewaterhouseCoopers LLP for
5 years within the mining assurance practice managing audits for a variety of publicly listed clients
ranging from small exploration to large multi-asset operations. Mr. Canario holds a CPA, CA and
Honours Bachelor of Commerce from
McMaster University
,
Canada
.
American Eagle Gold and the Ore Group would also like to announce the resignation of
Jeff
Potwarka
, the Company's outgoing CFO. The entire Ore Group team thanks Mr. Potwarka for his
dedication and many years of service to the team and Company's shareholders and wishes him the
best in his future endeavours.
The Company also announces that in accordance with its stock option plan, it has granted a total of
1,475,000 incentive options to officers, directors and consultants of the Company, at an option price
of
$0.20
per share, exercisable for a period of five years from the date of issue.
About American Eagle Gold Corp.
American Eagle Gold is traded on the TSX Venture exchange under the symbol 'AE'. The Company
is focused on exploring its flagship property, Golden Gate. The property is strategically situated on
the Cortez trend, which hosts 3 large Carlin-type gold deposits operated by Barrick and Newmont's
Joint Venture,
Nevada Gold Mines
(Pipeline,
Cortez Hills
and Goldrush). The property is located
10km south of Cortez Hills and 5 km south of Goldrush and shows many of the same geological
characteristics as at the two deposit areas.
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.
Forward-looking statements
Except for the statements of historical fact, this news release contains "forward-looking
information" within the meaning of the applicable Canadian securities legislation that is based on
expectations, estimates and projections as at the date of this news release. "Forward-looking
information" in this news release includes information about the Company's expectations regarding
future operations and other forward-looking information. Factors that could cause actual results to
differ materially from those described in such forward-looking information include, but are not
limited to, the application of the proceeds of the Offering as anticipated by management and the
inability to obtain the necessary TSX Venture Exchange approval to complete the Offering. The
forward-looking information in this news release reflects the current expectations, assumptions
and/or beliefs of the Company based on information currently available to the Company. In
connection with the forward-looking information contained in this news release, the Company has
made assumptions about the Company's ability to close the Offering, that the Company's financial
condition and development plans do not change as a result of unforeseen events, and that the
Company will receive all required regulatory approvals, TSX Venture Exchange approval, for the
Offering.
Although the Company believes that the assumptions inherent in the forward-looking information
are reasonable, forward-looking information is not a guarantee of future performance and
accordingly undue reliance should not be put on such information due to the inherent uncertainty
therein. The Company does not assume any obligation to update the forward-looking statements,
or to update the reasons why actual results could differ from those reflected in the forward-looking
statements, unless and until required by applicable securities laws. Additional information
identifying risks and uncertainties is contained in the Company's filings with the Canadian
securities regulators, which filings are available at
www.sedar.com
SOURCE
American Eagle Gold Corporation
View original content:
http://www.newswire.ca/en/releases/archive/December2021/20/c1480.html
%SEDAR: 00051688E
For further information:
Anthony Moreau, Chief Executive Officer,
[email protected], 416-644-1567, www.americaneaglegold.ca
CO: American Eagle Gold Corporation
CNW 16:00e 20-DEC-21