Canadian GoldCamps Announces Appointment of Alex Terentiew as Chief Executive Officer and David Garofalo to the Board of Directors
Canadian GoldCamps Announces Appointment of Alex Terentiew as
Chief Executive Officer and David Garofalo to the Board of Directors
Toronto, Ontario – August 13, 2020 – Canadian GoldCamps Corp. (formerly Supreme Metals
Corp.) (“Canadian GoldCamps”, or the “Company”) (CSE: CAMP) (FSE: A68) is pleased to
announce that in connection with the change in corporate strategy announced on July 24, 2020,
Alex Terentiew has been appointed as the President and CEO of the Company and David
Garofalo has been appointed to the Board of Directors.
“I am thrilled to be joining Canadian GoldCamps and given the opportunity to lead this company
on its new path”, stated Alex Terentiew. “With strong shareholder support, a recently completed
$3 million financing and a commitment to maximize s hareholder value, I am excited to begin
working with David Garofalo to build a Canadian-foc used gold company. David’s 30 years of
leadership experience in the mining industry is an invaluable addition to the Company as we move
forward and execute our growth strategy”.
David Garofalo commented “With gold prices hitting record highs and increasing investor demand
for attractive new investment opportunities in the gold industry, I am delighted to join the Board of
Canadian GoldCamps and help guide the Company forwa rd. Working alongside someone of
Alex’s caliber, I am confident we will develop the team and asset base to make the Company a
success”.
Alex Terentiew brings both capital markets and mini ng corporate experience to the Company,
most recently serving as the SVP Corporate Developm ent and Investor Relations at Trevali
Mining. Prior to Trevali, Alex spent over 12 years in the investment industry as a mining and
commodity research analyst at Scotiabank, Credit Suisse, Raymond James and most recently at
BMO Capital Markets. Prior to his career in research, he was a licensed Professional Geoscientist
in the Province of Ontario. Mr. Terentiew holds an MBA degree from the Rotman School of
Management, a Master of Applied Science in Civil En gineering and a Bachelor of Science from
the Department of Geology, both from the University of Toronto.
David Garofalo currently serves as Chairman of Grea t Panther Mining Limited, Chairman and
CEO of Gold Royalty Corp. (a subsidiary of GoldMining Inc.), and the Chairman and CEO of the
Marshall Precious Metals Fund. Prior to these roles, Mr. Garofalo was the former President and
CEO of Goldcorp Inc., a position he held from 2016 until its 2019 sale to Newmont Corporation.
Prior to Goldcorp, he was President, CEO and Direct or of Hudbay Minerals Inc. (2010-2016),
Senior Vice President, Finance and CFO and Director with Agnico-Eagle Mines Limited (1998-
2010) and Treasurer of Inmet Mining Corporation (1990-1998). Mr. Garofalo was recognized as
the Mining Person of the Year by the Northern Miner (2012) and was named Canada's CFO of
the Year by Financial Executives International Canada (2009), among other industry awards. He
is a Chartered Professional Accountant and a Certif ied Director of the Institute of Corporate
Directors (ICD.D), holds a Bachelor of Commerce fro m the University of Toronto and is also a
Director of the Greater Vancouver Board of Trade and the Vancouver Symphony Orchestra.
The board wishes to thank Bob Komarechka, former CE O, for his valuable contribution to the
success of the Company.
Additionally, the Company today announced that, sub ject to Canadian Securities Exchange
approval and in accordance with the Company's stock option plan, the Company has granted a
total of 5,670,000 options to directors, officers, employees and consultants of the Company. Each
option is exercisable to purchase one common share of the Company at $0.34 per share for a
period of 5 years from the date of issuance.
About Canadian GoldCamps Corp.
Canadian GoldCamps is a Canadian based exploration company focused on acquiring
prospective properties and making new gold discover ies in established gold camps in Canada,
focusing on Ontario and Quebec. With a long history of mining, excellent infrastructure and a rich
geological environment, the Superior geologic province in Ontario and Quebec is one of the best
places globally for discovering world-class deposits.
For further information, please contact:
Canadian GoldCamps
Alex Terentiew, President and CEO
647-640-2141
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 release.
This news release may contain forward-looking state ments based on assumptions and judgments of managem ent
regarding future events or results. Such statement s are subject to a variety of risks and uncertainti es which could
cause actual events or results to differ materially from those reflected in the forward-looking statem ents. There is no
assurance the private placement, property option, c hange of board or reinstatement of trading referred to above will
close on the terms as stated, or at all. The Compa ny disclaims any intention or obligation to revise or update such
statements.