Corporate Update, New Director, Shares for Debt and Options Granted
Project One Resources Ltd
#1710, 1177 West Hastings Street
Vancouver, BC, Canada, V4E 3L6
June 2, 2020
Project One Resources appoints Charles Clark to its board of directors
Project One Resources (PJO.CSE) (the “Company”) reports that Mr. Charles Clark has been appointed to
the board of directors.
Mr. Clark brings extensive experience in the area of strategic planning, financing, M&A, business
development, corporate governance, risk and performance management in the specific areas of data
analytics, cyber security, robotics and technology. He is currently the Chairman and Founder of Dark
Beam Limited, a London based cyber security company and Jiminy Cyber, a new leading brand in cyber
awareness training. He founded Rosslyn Data Technologies, which he successfully IPO'd on the UK stock
market. He has an MBA from Case Business School and has spent many years as an Investment Banker
and Board Member advising early stage high growth companies and is also involved in shareholder
activism. Charles was a Captain in the British army and served on active service in Northern Ireland and
Iraq. He currently resides in London, England and has been recognized with the 2018 Heropreneur as one
of the Military Business leaders of the year. He also is actively involved with mentoring Vets who are
transitioning into the private sector and advises and supports a number of charities that support veterans in
technology.
Ron Shenton, CEO, said “Mr. Clark’s experience in Investment Banking, Cyber Security and his
involvement with several start-up companies is a welcome addition to our team.”
The Company also wishes to announce that it has filed to settle $49,375.00 of debt via the issuance of
308,593 shares at a deemed value $.16. The debt settlement is subject to Canadian Securities Exchange
approval.
Pursuant to the Company’s option plan, the Company has granted stock options to its officers and
directors to purchase up to 800,000 common shares in the capital of the company at an exercise price of
$.19, which will expire June 2, 2025
For further information please contact
Ron Shenton, CEO
604-825-2995
www.P1R.ca
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION
SERVICES PROVIDER HAS REVIEWED OR ACCEPT’S RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE
Forward-Looking Information
This news release includes certain information that may be deemed "forward-looking
information" under applicable securities laws. All statements in this release, other than
statements of historical facts, that address acquisition of the Property and future work thereon,
mineral resource and reserve potential, exploration activities and events or developments that
the Company expects is forward-looking information. Although the Company believes the
expectations expressed in such statements are based on reasonable assumptions, such statements
are not guarantees of future performance and actual results or developments may differ
materially from those in the statements. There are certain factors that could cause actual results
to differ materially from those in the forward-looking information. These include the results of
the Company's due diligence investigations, market prices, exploration successes, continued
availability of capital finan cing, and general economic, market or business conditions, and
those additionally described in the Company's filings with the Canadian securities authorities.
Investors are cautioned that any such statements are not guarantees of future performance and
actual results or developments may differ materially from those projected in the forward-looking
information. For more information on the Company, investors are encouraged to review the
Company's public filings at www.sedar.com. The Company disclaims any intention or obligation
to update or revise any forward- looking information, whether as a result of new information,
future events or otherwise, other than as required by law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/56820