Aurvista Gold Appoints Matthew Hornor as the Corporation’s New President and CEO
Aurvista Gold Appoints Matthew Hornor as the Corporation’s
New President and CEO
Montreal, Quebec: Aurvista Gold Corporation’s (“Aurvista” or the “ Company”) ( TSX-V: AVA,
OTCQB: ARVSF; Frankfurt: AV2) is very pleased to announce the appointment of Mr. Matthew
Hornor as the Company’s President and CEO, effective immediately. Mr. Hornor is an executive leader
with a proven track record in the legal, financial and business development arenas. He has extensive
expertise in structuring and negotiating complex strategic partnerships and raising capital having
worked within the Ivanhoe group of companies for over ten years.
Mr. Hornor recently served as the Vice President and Executive Vice President for Ivanhoe Mines Ltd.
for 10 years (TSX: IVN). During his time at Ivanhoe Mines Ltd. he negotiated project financings for
development projects with inter national banking syndicates, structured strategic alliances and
directly negotiated equity capital raises totalling more than $450 million . Mr. Hornor also acted as
Managing Director for Ivanhoe Capital Corporation for 10 years, and sat as Chairman for Ivanplats
Holding SARL (owner of the Platreef project) for over 4 years.
While serving as the President and CEO of Kaizen Discovery Inc. from 2013 until 2016 , Mr. Hornor
successfully structured multiple resource project acquisitions, equity financings and delivered a
collaboration agreement with ITOCHU Corporation, a prominent Japanese trading and investment
house. Fluent in Japanese, Mr. Hornor began his mining career in Japan after first travelling there 27
years ago . Mr. Hornor makes frequent business trips to Tokyo , where he maintains strong
relationships with top management at major corporations, mining companies, investment firms and
trading houses.
Aurvista’s President and CEO, Matthew Hornor, stated: “I am thrilled to join the Aurvista family. I
believe that this project holds sig nificant upside not just for the company’s shareholders but for all its
stakeholders, and I’m honoured to lead the company through this period of exploration and growth. I
am proud of the dedication and commitment Aurvista’s employees have demonstrated and am confident
the time is right for that hard work to start paying dividends.”
In a corresponding move, Mr. Jean Lafleur, M. Sc., P. Geo., will transition into the V ice-President,
Exploration role and focus on managing the exploration programs necessary to bring the Douay Gold
Project to the next level.
Aurvista’s VP Exploration, Jean Lafleur, stated: “We are all excited to have someone of Mr. Hornor’s
caliber joining our team. His experience speaks for itself, and having his corporate, capital markets and
project financing leadership will help us accelerate the Company’s growth and true value. I look forward
to leading our exploration team in Quebec and working with our group to define the ultimate extent of
gold mineralization at Douay.”
NEWS RELEASE
For Immediate Issue
May 23, 2017
Corporate Update:
The Company has granted 3,300,000 incentive stock options (the "Options") to certain Officers and
Consultants of the Company. The Options are exercisable at $0.30 per share for a period of five years
from the date of g rant, and vest 25% immediately and 25% on each of the next three anniversaries
of the grant. The closing price of the Aurvista shares on the trading day prior to this press release,
was $0.285.
Douay Gold Project and Company Profile:
Aurvista Gold Corporation is a leading junior gold exploration and development Company advancing
the Douay Gold Project. Aurvista’s 305 km² Douay Gold Project hosts a large inferred gold resource
with significant exploration upside along a 40 km segment of the Casa Berardi Deformation Zone in
the prolific Abitibi Greenstone Belt of northern Quebec. Douay is located 55 km SW of the Matagami
Base Metal Camp and ~140 km N of the Val-d’Or - Malartic Gold Camp (both in Quebec). The Company
has 142,855,299 shares outstanding trading on the TSX Venture Exchange in Canada, the Frankfurt
Stock Exchange and OTCQB in the US. For more information, please visit the Company’s website at
www.aurvistagold.com.
For Investor Inquiries or Further Information Please Contact:
Mr. Joness Lang
Phone: +1 778 686 6836
Email: [email protected]
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
PRESS RELEASE.
Forward Looking Statements
This news release may contain forward-looking statements based on assumptions, uncertainties and management’s best estimate
of future events. Actual events or results could differ materially from the Company’s expectations and projections. Investors are
cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers should not place undue reliance
on forward -looking statements. When used herein, words such as “anticipate”, “will”, “intend” and similar expressions are
intended to identify forward-looking statements. For a more detailed discussion of such risks and other factors that could cause
actual results to differ materially from those expressed or implied by such forward -looking statements, refer to Aurvista Gold
Corporation’s filings with Canadian securities regulators available on www.sedar.com or the Company’s website at
www.aurvistagold.com.