Monument Announces Interim CFO
November 29, 2019 News Release Release#12- 2019
Monument Announces Interim CFO
Vancouver, B.C. Monument Mining Limited (TSX -V: MMY and FSE: D7Q1) (“Monument” or the “Company”)
announced today the departure of Mr. Kelvin Lee, Chief Financial Officer of the Company, and appointment of Ms.
Cathy Zhai as Interim Chief Financial Officer.
Cathy Zhai, CPA-CGA was previous CFO for the Company for more than 15 years, before being appointed as CEO
and President of the Company on January 2, 2018. This appointment will guarantee a smooth transition and allow
to conclude process and hire a new CFO in the near future.
Mr. Kelvin Lee has left the Company to pursue another career path. The Company extends its thanks to Mr. Lee for
his service and contributions as Vice President Finance from May 2013, and as CFO from January 2018.
About Monument
Monument Mining Limited (TSX-V: MMY, FSE: D7Q1) is an established Canadian gold producer that owns and
operates the Selinsing Gold Mine in Malaysia. Its experienced management team is committed to growth and is
advancing several exploration and development projects including the Mengapur Copper -Iron Project, in Pahang
State of Malaysia, and the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra in the
Murchison area of Western Australia. The Company employs approximately 195 people in b oth regions and is
committed to the highest standards of environmental management, social responsibility, and health and safety for
its employees and neighboring communities.
Cathy Zhai, President and CEO
Monument Mining Limited
Suite 1580 -1100 Melville Street
Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web site at www.monumentmining.com or contact:
Richard Cushing, MMY Vancouver T: +1-604-638-1661 x102 [email protected]
Wolfgang Seybold, Axino GmbH T: +49 711-82 09 7211 [email protected]
"Neither 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 release."
Forward-Looking Statement
This news release includes statements containing forward -looking information about Monument, its business and future plans (“forward -
looking statements”). Forward -looking statements are statements that involve expectations, plans, objectives or future even ts that are not
historical facts and include the Company’s plans with respect to its mineral projects and the timing and results of proposed programs and
events referred to in this news release. Generally, forward-looking information can be identified by the use of forward-looking terminology
such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", " anticipates" or
"does not anticipate", or "believes", or variations of such words and phrase s or state that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "occur" or "be achieved". The forward -looking statements in this news release are subject to various
risks, uncertainties and other factors that could cause actual results or achievements to differ materially from those expressed or implied by
the forward-looking statements. These risks and certain other factors include, without limitation: risks related to general business, economic,
competitive, geopolitical and social uncertainties; uncertainties regarding the results of current exploration activities; uncertainties in the
progress and timing of development activities; foreign operations risks; other risks inherent in the mining industry and other risks described
in the management discussion and analysis of the Company and the technical reports on the Company’s projects, all of which are available
under the profile of the Company on SEDAR at www.sedar.com. Material factors and assumptions used to devel op forward -looking
statements in this news release include: expectations regarding the estimated cash cost per ounce of gold production and the estimated cash
flows which may be generated from the operations, general economic factors and other factors that may be beyond the control of Monument;
assumptions and expectations regarding the results of exploration on the Company’s projects; assumptions regarding the future price of
gold of other minerals; the timing and amount of estimated future production; the expected timing and results of development and exploration
activities; costs of future activities; capital and operating expenditures; success of exploration activities; mining or proc essing issues;
exchange rates; and all of the factors and assumptions described in the management discussion and analysis of the Company and the technical
reports on the Company’s projects, all of which are available under the profile of the Company on SEDAR at www.sedar.com. Although the
Company has attempted to identify i mportant factors that could cause actual results to differ materially from those contained in forward -
looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance
that such sta tements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update
any forward-looking statements, except in accordance with applicable securities laws.