K2 Announces Appointment of New Director
Suite 1020 – 800 West Pender Street, Vancouver, BC V6C 2V6
Tel: 604-646-8354 Fax: 604-646-4526
TSX-V: KTO
NEWS RELEASE
K2 Announces Appointment of New Director
Vancouver, B.C. – September 28, 2020 – K2 Gold Corporation (“K2” or the “ Company”) (TSX-
V: KTO; OTCQB: KTGDF; FRANKFURT: 23K ) is pleased to report the appointment of Carolyn
Clark Loder to the Board of Directors of the Company. Ms. Loder was most recently Manager of
Mineral Rights and Public Lands for Freeport-McMoRan Inc., one of the world’s largest publicly
traded copper, gold and molybdenum producer s. Carolyn, who was raised locally in Inyo
County, will provide guidance to K2 on all aspects of mineral rights, tribal relations, and
corporate social responsibility related to the Mojave gold project (“Mojave”), located in Inyo
County, California.
Stephen Swatton, President and CEO stated, “We are delighted that Carolyn has agreed to join
the Board. She has already made a significant contribution to K2, and we look forward to her
continued guidance on social and tribal matters as the Company progresses the Mojave gold
project.”
Ms. Loder has a n M.A. with Highest Honors from California State University , Fresno and a n
M.L.S. in Indian Law from Arizona State University School of Law . Ms. Loder is a recognized
leader in mineral rights, land management, multiple land use planning, mineral development
and Indian Law . As Manager of Mineral Right s and Public Lands for Freeport-McMoRan Inc.
she was responsible for the management of mineral rights for all corporate holdings, including
exploration, active and in -active operations. Ms. Loder has been recognised with numerous
awards for mineral reserve acquisition , leadership and professionalism by corporations,
associations, governmental entities and tribal nations. She also served as President of the
California Mining Association.
The Company’s Board also granted incentive stock options (the “Options”) to certain directors,
officers, and consultants of the Company to purchase up to an aggregate of 450,000 common
shares in the capital stock of the Company , in accordance with K2’s shareholder-approved
stock option plan. The Options are exercisable at $0.71 per share for a period of five years from
the date of grant.
About K2
K2 is a well-financed gold and silver exploration company with approximately $ 3.0M cash and
projects in SW USA, Yukon and Alaska. The Company is focused on the Mojave property in
California, a 5,830 hectare oxide gold project with base metal targets . The location of Mojave
enables the Company to have year -round news flow on multiple previously recognized surface
gold targets that have been successfully drilled in the past by majors BHP and Newmont.
Besides affording immediate drill targets based on the Compan y’s soil data integrated with
LiDAR and Worldvie w-3 data , the property also has undrilled locations with gold enriched
historical trench results including one at the Dragonfly zone which recorded 4.2 g/t gold over
42.7m (BHP data).
On behalf of the Board of Directors,
“Stephen Swatton”
President and CEO
K2 Gold Corporation.
For further information about K2 Gold Corporation or this news release, please visit our website
at k2gold.com or contact Investor Relations in Canada 604-354-2491, or in the USA Lone Pine,
California Office +1 (760) 614-5605 or by email at [email protected].
K2 Gold Corporation is a member of the Discovery Group of Companies based in Vancouver,
Canada. For more information please visit: discoverygroup.ca.
Cautionary Statement on Forward-Looking Statements
This news release contains forward -looking statements that are not historical facts. Forward -
looking statements involve risks, uncertainties and other factors that could cause actual results,
performance, prospects and opportunities to differ materially from those expressed or implied by
such forward -looking statements, including statements regarding the exploration program at
Mojave, including results of drilling, and future exploration plans at Mojave. Factors that could
cause actual results to differ materially from these forward -looking statements include, but are
not limited to, variations in the nature, quality and quantity of any mineral deposits that may be
located, the Company's inability to obta in any necessary permits, consents or authorizations
required for its planned activities, and the Company's inability to raise the necessary capital or
to be fully able to implement its business strategies. The reader is referred to the Company's
public di sclosure record which is available on SEDAR ( www.sedar.com). Although the
Company believes that the assumptions and factors used in preparing the forward -looking
statements are reasonable, undue reliance should not be placed on these statements, which
only apply as of the date of this news release, and no assurance can be given that such events
will occur in the disclosed time frames or at all. Except as required by securities laws and the
policies of the TSX Venture E xchange, the Company disclaims any intention or obligation to
update or revise any forward -looking statement, whether as a result of new information, future
events or otherwise.
This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall
there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or
sale would be unlawful, including any of the securities in the United States of America. No
securities of the Company have been or will, in the foreseeable future, be registered under the
United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not
be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as
defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and
applicable state securities laws, or an exemption from such registration requirements is
available.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE