GoGold Appoints John Turner as Director and Chairman of the Board
GoGold Appoints John Turner as Director and
Chairman of the Board
Trading Symbol: TSX: GGD
Shares Outstanding: 171,776,481
HALIFAX
,
June 18, 2019
/CNW/ -
GoGold Resources Inc. (TSX: GGD) ("GoGold", "the
Company")
is pleased to announce that
John Turner
has been appointed to the Company's Board of
Directors effective
June 18, 2019
and will also serve as Chairman of the Board.
Mr. Turner is the leader of Fasken's Global Mining Group. Fasken is a leading international business
law and litigation firm with eight offices with more than 700 lawyers across
Canada
and in the UK
and
South Africa
. Fasken's Global Mining Group has been #1 ranked globally 11 times since 2005,
including for the past five years in a row. Mr. Turner has been involved in many of the leading
corporate finance and merger and acquisition deals in the resources sector primarily through
companies active in the Americas,
Africa
,
Eastern Europe
and
Australia
, and has successfully acted
for the financial arranger or sponsor of several global major resources projects.
Mr. Turner is a recipient of the Queen's
Golden Jubilee Medal
for his services in the autism sector
and is a non-executive director of Galaxy Resources Limited, a global lithium company listed on the
Australian Securities Exchange.
In conjunction with the appointment of Mr. Turner, the Company also announces the resignation of
Terry Coughlan
as a director and Chairman of the Company to pursue other opportunities.
"We are very excited to welcome John to our Board, who has been a key advisor to the Company in
a legal capacity through Fasken, and now we will benefit from his knowledge and experience as he
provides guidance to management as Chairman of the Board," said
Brad Langille
, President and
CEO. "We would like to thank Terry, one of the founders of the Company, for his many
contributions during his tenure at GoGold. We wish him the best as he pursues future opportunities."
About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on
operating, developing, exploring and acquiring high quality projects in Mexico. The Company
operates the Parral Tailings project in the
state of Chihuahua
and has the Los Ricos exploration
project in the state of
Jalisco
. Headquartered in
Halifax, NS
, GoGold is building a portfolio of low
cost, high margin projects. For more information visit
gogoldresources.com
.
CAUTIONARY STATEMENT:
The securities described herein have not been, and will not be, registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and
may not be offered or sold within
the United States
or to, or for the benefit of, U.S. persons (as
defined in Regulation S under the U.S. Securities Act) except in compliance with the registration
requirements of the U.S. Securities Act and applicable state securities laws or pursuant to
exemptions therefrom. This release does not constitute an offer to sell or a solicitation of an offer to
buy of any of GoGold's securities in
the United States
.
This news release may contain "forward-looking information" as defined in applicable Canadian
securities legislation. All statements other than statements of historical fact, included in this release,
including, without limitation, statements regarding the Parral tailings project, the Los Ricos project,
future operating margins, future production and processing, and future plans and objectives of
GoGold, constitute forward looking information that involve various risks and uncertainties. Forward-
looking information is based on a number of factors and assumptions which have been used to
develop such information but which may prove to be incorrect, including, but not limited to,
assumptions in connection with the continuance of GoGold and its subsidiaries as a going concern,
general economic and market conditions, mineral prices, the accuracy of mineral resource
estimates, and the performance of the Parral project. There can be no assurance that such
information will prove to be accurate and actual results and future events could differ materially from
those anticipated in such forward-looking information.
Important factors that could cause actual results to differ materially from GoGold's expectations
include exploration and development risks associated with GoGold's projects, the failure to establish
estimated mineral resources or mineral reserves, volatility of commodity prices, variations of
recovery rates, and global economic conditions. For additional information with respect to risk
factors applicable to GoGold, reference should be made to GoGold's continuous disclosure
materials filed from time to time with securities regulators, including, but not limited to, GoGold's
Annual Information Form. The forward-looking information contained in this release is made as of the
date of this release.
SOURCE
GoGold Resources Inc.
View original content:
http://www.newswire.ca/en/releases/archive/June2019/18/c5298.html
%SEDAR: 00029249E
For further information:
Steve Low, Corporate Development, GoGold Resources, T: 416 855
0435, E: [email protected]
CO: GoGold Resources Inc.
CNW 08:30e 18-JUN-19