GR Silver Mining Announces Appointment of Larry Taddei to Board of Directors
GR Silver Mining Announces Appointment of
Larry Taddei to Board of Directors
VANCOUVER, BC
,
Jan. 18, 2023
/CNW/ -
GR Silver Mining Ltd.
("
GR Silver Mining
" or the
"
Company
") (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce the
appointment of
Larry Taddei
to the Company's Board of Directors and its Audit Committee.
Larry Taddei
brings sixteen years of experience as a senior executive in the mineral resource
industry, culminating in twelve years as the Chief Financial Officer of MAG Silver Corp. where he
was instrumental in the growth of MAG and in forming good working relationships with Mexican
senior silver producer
Fresnillo
plc at the world-class Juanicipio silver project. His relationships
extend to the investment community, playing a lead role in defining capital structure and balance
sheet management. He was responsible for all aspects of MAG's financial operations, including
treasury, taxation, IT systems, insurance, and risk management. He also played a key role in the
company's governance guidelines, policies, and procedures, as well as expanding ESG disclosures
and policies.
"We are delighted that Larry has agreed to join GR Silver as an independent director," stated Eric
Zaunscherb, CEO and Chair of the Board. "Larry's extensive experience as CFO of MAG Silver is
directly applicable as GR Silver advances and de-risks the Plomosas Silver Project in
Sinaloa,
Mexico
. He adds significant depth in business leadership and financial acumen that wonderfully
complements the legal and capital markets backgrounds of our existing board members."
Larry Taddei
added, "I'm excited to join GR Silver Mining and look forward to working with the team
to productively advance the Plomosas Silver Project and increase shareholder value as we move
forward."
Larry Taddei
is a Chartered Professional Accountant with the Chartered Professional Accountants of
British Columbia
and an Accredited Director with the Chartered Governance Institute of
Canada
. He
holds a Bachelor of Commerce Degree from the
University of British Columbia
.
The Company also announces that it has granted Mr. Taddei 300,000 incentive stock options of the
Company in accordance with the Company's Omnibus Equity Incentive Plan. The options are
exercisable at
$0.12
per share for a period of five years from the date of grant and are subject to
the policies of the TSX Venture Exchange.
About GR Silver Mining Ltd
.
GR Silver Mining is a Canadian-based,
Mexico
-focused junior mineral exploration company engaged
in cost-effective silver-gold resource expansion on its 100%-owned assets, located on the eastern
edge of the Rosario Mining District, in the southeast of Sinaloa State,
Mexico
. GR Silver Mining
controls 100% of two past producer precious metal underground and open pit mines, within the
expanded Plomosas Project, which includes the integrated San Marcial Area and
La Trinidad
acquisition. In conjunction with a portfolio of early to advanced stage exploration targets, the
Company holds 734 km2 of concessions containing several structural corridors totaling over 75 km in
strike length.
GR Silver Mining Ltd.
Eric Zaunscherb, Chairman & CEO
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking statements" within the meaning of applicable
Canadian securities legislation and information that are based on the beliefs of management and
reflect the Company's current expectations. When used in this press release, the words "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.
Such statements and information reflect the current view of the Company. Risks and uncertainties
may cause actual results to differ materially from those contemplated in those forward-looking
statements and information. By their nature, forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause our actual results, performance or
achievements, or other future events, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking statements.
Neither the 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 press release.
SOURCE
GR Silver Mining Ltd.
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For further information:
Brenda Dayton, VP Corporate Communications, Telephone:
+1.604.417.7952, Email: [email protected]
CO: GR Silver Mining Ltd.
CNW 06:15e 18-JAN-23