Alpha Exploration Announces Resignation of Officer
Alpha Exploration Announces Resignation of
Officer
Calgary, Alberta--(Newsfile Corp. - January 2, 2025) - Alpha Exploration Ltd. (TSXV: ALEX) ("
Alpha
" or
the "
Company
") announces that Mr. Michael Hopley has notified the Company that he will be retiring
from his position as President and Chief Executive Officer of Alpha effective as of December 31, 2024.
Mr. Hopley will remain as a director of the Company's board of directors (the "
Board
") and continue to
serve as the Chairman of the Board following his resignation as President and Chief Executive Officer.
Alpha would like to sincerely thank Mr. Hopley for his valuable services to the Company in his capacity
as President and Chief Executive Officer and will work closely with Mr. Hopley in his capacity as a
director and Chairman of the Board.
Mr. Timothy (Tim) Livesey, a current director of the Board, has been appointed as Interim Chief
Executive Officer of the Company, effective as of December 31, 2024.
Mr. Livesey is an experienced Exploration and Development professional, with over 35 years in the
sector. He has worked across all stages of exploration, project development and mine operations for
Major, Mid-Tier and Junior companies. Mr. Livesey has extensive experience with recent roles including
CEO of Tethyan Copper Company in Pakistan (Barrick Gold/Antofagasta Minerals), Managing Director
in Saudi Arabia (Barrick Gold), COO of Reservoir Minerals Ltd, Managing Director of Rakita Exploration
in Serbia (Nevsun), and most recently as CEO of Oriole Resources PLC, where he led a complete
company transformation and repositioning, with the discovery of a new gold district in Cameroon.
Mr. Livesey holds positions as a Non-Executive Director (NED) with Metals Exploration PLC and
Montero Mining & Exploration Ltd.
For more information concerning the Company, please refer to the Company's profile on the SEDAR
Plus website at
www.sedarplus.ca.
About Alpha Exploration Ltd.
Alpha (TSXV: ALEX) is an exploration company that is rapidly advancing a number of important gold
and base metal discoveries across its 100% owned, large (771 km
2
) Kerkasha Project in Eritrea.
The Company has also advanced the Aburna Gold Prospect, the Tolegimja VMS Copper-Zinc-Gold
Prospect and over 17 other gold prospects since listing in 2021.
The Company is managed by a group of highly experienced and successful professionals with long track
records of establishing, building and successfully exiting a number of world class gold and base metals
discoveries in Eritrea and across the wider Arabian Nubian Shield.
For further information go to the Alpha webpage at
www.alpha-exploration.com
or contact:
Timothy Livesey
Director and Interim Chief Executive Officer
Alpha Exploration Ltd.
Email:
Tel: +44 7880 955441
Cautionary Notes
This press release is intended for distribution in Canada only and is not intended for
distribution to United States newswire services or dissemination in the United States.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Forward-Looking Statements
Certain statements and information herein, including all statements that are not historical facts, contain
forward- looking statements and forward-looking information within the meaning of applicable securities
laws. Such forward-looking statements or information include but are not limited to statements or
information with respect to Mr. Hopley's resignation as President and Chief Executive Officer of the
Company and Mr. Hopley's continuing involvement with the Company in his capacity as a director and
Chairman of the board of directors. Often, but not always, forward-looking statements or information can
be identified using words such as "estimate", "project", "belief", "anticipate", "intend", "expect", "plan",
"predict", "may" or "should" and the negative of these words or such variations thereon or comparable
terminology are intended to identify forward- looking statements and information. With respect to
forward-looking statements and information contained herein, Alpha has made numerous assumptions
including among other things, assumptions with respect to Mr. Hopley's resignation as President and
Chief Executive Officer of the Company and Mr. Hopley's continuing involvement with the Company in his
capacity as a director and Chairman of the board of directors. Although management of Alpha believes
that the assumptions made and the expectations represented by such statements or information are
reasonable, there can be no assurance that forward-looking statements or information herein will prove
to be accurate. Forward-looking statements and information by their nature are based on assumptions
and involve known and unknown risks, uncertainties and other factors which may cause actual results,
performance or achievements, or industry results, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking statements or information.
Alpha does not undertake to update any forward-looking information, except in accordance with
applicable securities laws.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/235797