Hercules Announces Apointment of New Chief Executive Officer
HERCULES ANNOUNCES APOINTMENT OF NEW
CHIEF EXECUTIVE OFFICER
Vancouver, BC – October 13, 2023 - Hercules Resources Corp. (CSE: HERC) (the “Company” or “Hercules”)
is pleased to announce the appointment of Michael Smith as CEO of the Company, replacing Gordon Lam.
Mr. Lam has resigned as CEO but remains with the Company as a director. The Company wishes to thank
Mr. Lam for his contributions as CEO.
Mr. Smith is a seasoned director of communications with a proven track record in the dynamic realm of
venture development. With a rich history of impactful contributions, he possesses a unique blend of
expertise in people management, research, corporate communications, angel investing, and public
relations. His proficiency extends beyond traditional communication roles, showcasing a strong aptitude
for strategic media management and exceptional communication skills.
Furthermore, Mr. Smith brings a diverse professional background, including successful tenures in heavy
excavation, site planning, and layout. This multifaceted experience not only amplifies his adaptability and
problem-solving abilities but also enriches his strategic perspective within the venture development
landscape. In addition to his expertise in stated above, Mr. Smith consults with exploration stage mineral
companies. His strategic guidance and keen understanding of the industry significantly enhance s the
prospects of these exploration stage enterprises. Mr. Smith's skill set, and industry insights make him an
invaluable asset, providing a distinct advantage in today's competitive venture development and mineral
exploration landscape.
Mr. Smith comments, “First I would like to thank Mr. Lam for his tenure as CEO with Hercules. I hope to
consult with him and wish him all the best in the future. I would also like to state, I am elated to be given
the opportunity to drive the growth of our Company. I hope to bring expressed value to our current and
future shareholders. I look forward to sharing further updates as the Company executes on future
milestones.”
On behalf of the Board of Directors
Michael Smith, President and Chief Executive Officer
Email: [email protected]
Telephone: (604) 616-8816
The information in this news release includes certain information and statements about management's view of
future events, expectations, plans and prospects that constitute forward looking statements. These statements
are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and
uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or
performance may differ materially from those anticipated and indicated by these forward looking statements.
Forward-looking statements in this news release include, but are not limited to, the Company’s proposed use of
the proceeds of its offering. Any number of factors could cause actual results to differ materially from these
forward-looking statements as well as future results. Although the Company believes that the expectations
reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any
forward looking statements will prove to be correct. Except as required by law, the Company disclaims any
intention and assumes no obligation to update or revise any forward looking statements to reflect actual
results, whether as a result of new information, future events, changes in assumptions, changes in factors
affecting such forward looking statements or otherwise.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.