Margaret Lake Diamonds Provides Corporate Update
Margaret Lake Diamonds Provides Corporate Update
VANCOUVER, BC / January 29, 2021 / Margaret Lake Diamonds Inc. ("MLD" or the
"Company") (TSXV:DIA) (FKT:M85) (OTC PINK:DDIAF) annou nces the Morrison
Copper-Gold Project Located in Omineca Region of British Columbia acquired August
6, 2020, by order of the B ritish Columbia Gold Commission er, has been returned to
the previous leaseholder and the project has been dropped. The Com pany continues
to work with the prospectors on potential administrative and legal remedies to
reacquire the project. Further, the Board of Directors has approved the following
changes in manag ement:
1. Neil Foran has been appointed CEO.
2. George Kovalyov has been appointed as CFO and Director .
3. Patrick Butler has been appointed as a Director.
The Board of Directors of Margaret Lake Diamonds is:
1. Neil Foran.
2. George Kovalyov.
3. Jim Wiesenberg.
4. Patrick Butler.
The Audit committee is as follows:
1. George Kovalyov.
2. Patrick Butler.
3. Jim Wiesenberg.
Contact Information:
Neil Foran
Chief Executive Officer
(604) 681-7735
Forward-Looking Statements
This press release contains forward-looking information or forward -looking
statements (collectively "forward -looking information") within the meaning of
applicable securities laws. Forward -looking information is typically identified by words
such as: "believe", "expect", "anticipate" , "intend", "estimate", "potentially" and similar
expressions, or are those, which, by their nature, refer to future events. The Company
cautions investors that any forward -looking information provided by the Company is
not a guarantee of future results or performance, and that actual results may differ
materially from those in forward -looking information as a result of various factors. The
reader is referred to the Company's public filings for a more complete discussion of
such risk factors and their poten tial effects, which may be accessed through the
Company's profile on SEDAR at www.sedar.com .