Blackrock Silver Announces the Appointment of Tom Peregoodoff to the Board of Directors
Blackrock Silver Announces the Appointment
of Tom Peregoodoff to the Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) -
Blackrock Silver Corp.
(TSXV:
BRC) (OTCQX: BKRRF) (FSE: AHZ0)
("
Blackrock
" or the "
Company
") is pleased to announce the
appointment of Tom Peregoodoff to the Board of Directors of the Company (the "
Board of Directors
")
effective December 3, 2024.
Mr. Peregoodoff has over 30 years of resource industry experience, focused on greenfield and
brownfield exploration and resource development. Mr. Peregoodoff is currently an independent director
of MAG Silver Corp. and American West Metals Limited, and formerly served as an independent
director of Pretium Resources Inc. He served as the President, Chief Executive Officer and a director of
Apollo Silver Corp. ("
Apollo
") from May 2021 to June 2024. Prior to his role at Apollo, Mr. Peregoodoff
was President and Chief Executive Officer of Peregrine Diamonds Ltd., where he led the company from
the resource development phase and initial engineering through to the eventual sale to DeBeers Canada
in 2018. Prior to that, Mr. Peregoodoff spent 18 years in several positions with the mining multinational
BHP, culminating in his role as Vice President of Early Stage Exploration, with global responsibility for
all early stage exploration across their commodity groups. Mr. Peregoodoff holds a BSc. in Geophysics
from the University of Calgary.
Andrew Pollard, the Company's President and Chief Executive Officer stated: "We are delighted to have
Tom join our board as an independent director as we seek to aggressively turn the corner from discovery
to development and beyond. Tom brings with him an impressive track record having helmed and guided
other high-profile early-stage resource companies transition from exploration, through development and
into commercial production. Tom's extensive M&A experience, culminating in a multi-billion-dollar
takeout transaction and his deep knowledge of the silver industry, will be invaluable to us as we embark
on our next phase of growth."
Deferred Share Unit Grant
In connection with his appointment to the Board of Directors, the Company has granted Mr. Peregoodoff
85,000 deferred share units ("
DSUs
") at a deemed price of $0.40 per DSU pursuant to its Omnibus
Equity Incentive Compensation Plan (the "
Omnibus Plan
"). The DSUs shall vest in full after one year
from the date of grant and can only be redeemed for Common Shares if the holder ceases to be a
director of the Company or in accordance with the provision of the Omnibus Plan. The DSUs are subject
to the policies of the TSX Venture Exchange and the terms and conditions of the Omnibus Plan.
About Blackrock Silver Corp.
Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration
and development company driven to add shareholder value. Anchored by a seasoned Board of
Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of
low-sulphidation, epithermal gold and silver mineralization located along the established Northern
Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.
Additional information on Blackrock Silver Corp. can be found on its website at
www.blackrocksilver.com
and by reviewing its profile on SEDAR+ at
www.sedarplus.ca
.
For further information, please contact:
Andrew Pollard, President & CEO
Blackrock Silver Corp.
Phone: 604 817-6044
Email:
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/232256