Crystal Lake Mining Appoints New CEO and Director
Crystal Lake Mining Appoints New CEO and
Director
VANCOUVER
,
Jan. 16, 2020
/CNW/ -
Crystal Lake Mining Corporation
(
TSXV: CLM OTC:
SIOCF FSE: SOG-FF)
("
Crystal Lake
" or the "
Company
") is pleased to welcome Mr.
Cole Evans
as the Company's CEO and a Director effective immediately. Mr.
Maurizio Napoli
who has served as
the Company's interim CEO since
September 2019
, will remain the President, VP of Exploration and
a Director of the Company.
Cole Evans
is the Co-Founder and President/CEO of HEG & Associates Exploration Services Inc.
He has been instrumental in building HEG from an idea into one of
Western Canada's
largest
exploration service companies focused on
British Columbia's
Golden Triangle and South-Central
regions. Mr. Evans and his Team have been key individuals at
Crystal Lake's
Newmont Lake Project
since its acquisition in Fall 2018.
Mr. Evans is also the Co-Founder and Chief Owner of Catalina Discovery Ltd.; a private corporation
focused on strategic investments in the mining industry. Mr. Evans is the direct owner/controller of
approximately 11,200,000 common shares and 8,055,555 warrants of
Crystal Lake
which he
acquired in 2019 for a combined ownership of approximately 19,200,000 shares/warrants, making.
him the single largest shareholder of the Company.
Mr. Evans holds a B.Sc. (Hons) in Geology from the
University of British Columbia
Okanagan
specializing in applications of hyperspectral analysis and applied geochemistry from the Charles
Fipke Centre for Innovative Research. He prides himself as being a strategical, business minded
geologist with a track record of exponential growth of his private sector business endeavors.
Mr. Evans commented "
Crystal Lake
has an exceptional land package in the heart of BC's Golden
Triangle; an area that is among the most well-endowed and underdeveloped mineral districts in the
world. I see the Newmont Lake project as tremendously undervalued and still in its infancy of
discovery. I am very excited to have a role in forging
Crystal Lake
into an exploration powerhouse in
the region, and create benefits for all shareholders, the local community, and the province of
British
Columbia
."
Crystal Lake
would like to thank
Maurizio Napoli
for his tenure and dedication as interim CEO. Mr.
Napoli has also been a key figure in exploration at Newmont Lake as the Company's Qualified
Person.
About Crystal Lake Mining
Crystal Lake Mining is a Canadian-based junior exploration company focused on building shareholder
value through high-grade discovery opportunities in
British Columbia
and
Ontario
. The Company has
an option to earn a 100% interest in the Newmont Lake Project, one of the largest land packages
among juniors in the broader Eskay region in the heart of Northwest B.C.'s Golden Triangle.
On Behalf of the Board of Directors,
CRYSTAL LAKE
MINING CORP.
"Maurizio Napoli"
President/Director
Email:
www.crystallakemining.com
Forward-Looking Statement
This news release may contain certain "forward looking statements". Forward-looking statements
involve known and unknown risks, uncertainties, assumptions and other factors that may cause the
actual results, performance or achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by the forward-looking
statements. Any forward-looking statement speaks only as of the date of this news release and,
except as may be required by applicable securities laws, the Company disclaims any intent or
obligation to update any forward-looking statement, whether as a result of new information, future
events or results or otherwise. 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.
SOURCE
Crystal Lake Mining Corporation
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CO: Crystal Lake Mining Corporation
CNW 08:30e 16-JAN-20