Laramide Resources Announces New Director
Laramide Resources Announces New Director
TICKER SYMBOLS: TSX:LAM; ASX:LAM; OTCQX:LMRXF
TORONTO
,
Nov. 23, 2021
/CNW/ - Laramide Resources Ltd. ("
Laramide
" or the "
Company
")
(TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce the appointment of
Jacqueline
Allison
, CFA, PhD, PGeo, FCIM, as a new Non-Executive Director effective immediately.
Ms. Allison holds a PhD in Mineral Economics from
McGill University
, a Professional Geoscientist
(
Ontario
) designation, and a Chartered Financial Analyst (CFA) designation.
Ms. Allison brings more than 20 years of Canadian and international experience at major institutions
in the fields of mineral economics, financial analysis, investment management and investor relations.
Previously, she was VP Investor Relations and Strategic Analysis for Augusta Group of Companies,
with similar senior executive capacities at Dominion Diamond Corp. and Hudbay Minerals Inc. Prior
to that, she served as a VP and Research Analyst at various banking institutions, including BMO
Harris Investment Management Inc.
Ms. Allison is also currently the Chair of the Management and Economics Society of the Canadian
Institute of Mining, Metallurgy and Petroleum (CIM), and a Corporate Director for both McMillan
Research in
London, UK
, as well as Ride HOVR Corporation in
Toronto
.
John G. Booth
, Chairman of the Board for Laramide Resources Ltd., stated, "We are very pleased
to welcome
Jacqueline Allison
to Laramide's Board of Directors as we continue to advance our
recently announced exploration of the Murphy Uranium Project in the Northern Territory of
Australia
,
as well as our Westmoreland Uranium Project and our portfolio of in-situ resource and traditional
hard rock uranium assets in
the United States
. Her background in mineral economics should
complement well the diverse skill sets already present in the existing board and we all look forward
to working with her to create shareholder value."
As a result of this announced expansion, the Board will be composed of
John G. Booth
as Non-
Executive Chairman, President and CEO
Marc Henderson
,
Scott Patterson
,
Raffi Babikian
and
Jacqueline Allison
.
To learn more about Laramide, please visit the Company's website at
www.laramide.com
.
About Laramide Resources:
Laramide is a Canadian-based company with diversified uranium assets strategically positioned in
the United States
and
Australia
that have been chosen for their low-cost production potential.
Laramide's Churchrock and
Crownpoint
properties form a leading In-Situ Recovery (ISR) division
that benefits from significant mineral resources and near-term development potential. Additional U.S.
assets include La Jara Mesa in
Grants, New Mexico
, and
La Sal
in the Lisbon Valley district of
Utah
.
The Company's Australian advanced stage
Westmoreland
is one of the largest uranium projects
currently held by a junior mining company. Laramide is listed on the TSX: LAM and ASX: LAM and in
the United States
on the OTCQX: LMRXF.
Forward-looking Statements and Cautionary Language
This release includes certain statements that may be deemed to be "forward-looking statements".
All statements in this release, other than statements of historical facts, that address events or
developments that management of the Company expect, are forward-looking statements. Forward-
looking statements are frequently, but not always, identified by words such as "expects",
"anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential",
"possible", "strategy", "goals", "objectives", or variations thereof or stating that certain actions,
events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the
negative of any of these terms and similar expressions. Actual results or developments may differ
materially from those in forward-looking statements. Laramide disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise, save and except as may be required by applicable securities laws.
Since forward-looking information address future events and conditions, by their very nature they
involve inherent risks and uncertainties. Actual results could differ materially from those currently
anticipated due to a number of factors and risks. These include, but are not limited to, exploration
and production for uranium; delays or changes in plans with respect to exploration or development
projects or capital expenditures; the uncertainty of resource estimates; health, safety and
environmental risks; worldwide demand for uranium; uranium price and other commodity price and
exchange rate fluctuations; environmental risks; competition; incorrect assessment of the value of
acquisitions; ability to access sufficient capital from internal and external sources; and changes in
legislation, including but not limited to tax laws, royalties and environmental regulations.
Actual results, performance or achievement could differ materially from those expressed in, or
implied by, the forward-looking information and, accordingly, no assurance can be given that any
of the events anticipated by the forward-looking information will transpire or occur, or if any of
them do so, what benefits may be derived therefrom and accordingly, readers are cautioned not to
place undue reliance on the forward-looking information.
SOURCE
Laramide Resources Ltd.
View original content:
http://www.newswire.ca/en/releases/archive/November2021/23/c2450.html
%SEDAR: 00003540E
For further information:
Marc Henderson, President and Chief Executive Officer, Toronto, Canada
+1 (416) 599 7363, [email protected]; Twitter: @LaramideRes
CO: Laramide Resources Ltd.
CNW 07:30e 23-NOV-21