Treasury Metals Announces New Board of Director Nominees
Treasury Metals Announces New Board of
Director Nominees
TSX: TML OTCQX: TSRMF
TORONTO
,
May 24, 2023
/CNW/ -
Treasury Metals Inc.
(TSX: TML) (OTCQX: TSRMF)
("
Treasury
" or the "
Company
") is pleased to announce that it has filed with securities regulators the
notice of annual general meeting of shareholders, management information circular (the "
Circular
")
and related documents (collectively, the "
Meeting Documents
") for the Annual Meeting of
Shareholders of the Company (the "
Meeting
") to be held virtually on
June 28, 2023
at
11:00 a.m.
Eastern Time
via live audio webcast online at
https://web.lumiagm.com/200395339
.
Two current, long-tenured directors,
William (Bill) Fisher
and
Flora Wood
, are not standing for re–
election to the Treasury Board of Directors (the "
Board
"). At the Meeting,
Michele Ashby
and
James
(Jim) Gowans
are nominated as new members to the Board, bringing considerable technical and
capital markets experience to the Company.
Jeremy Wyeth
, President and CEO of the Company, commented: "As part of a Board renewal
process that the Company began in 2022, our two longest-term directors,
Bill Fisher
and
Flora
Wood
, will not stand for re-election at the Annual Meeting. I would like to thank Bill and Flora for
their guidance over the past few years. We are pleased to welcome our two new director nominees,
Michele Ashby
and
Jim Gowans
, who both bring significant capital markets and mining industry
experience to our Board."
David Whittle
, Chair of the Board, commented: "We are pleased to nominate Michele and Jim to the
Board and look forward to their contributions in helping management drive the Goliath Gold Complex
forward. On behalf of the Board, I would also like to thank Bill and Flora for their contributions to
Treasury. Both have played integral parts in the advancement of the Company and we wish them
both well in their future endeavours."
Michele Ashby
Ms. Ashby founded Ashby Consulting Enterprises Inc. (ACE LLC), a consulting firm that provides
corporate board training and certification through her unique program, ACE Board Certification for
Women. Her diverse background includes 30 years as a gold specialist/analyst, financial expert,
independent corporate director and successful entrepreneur. She was named one of the Top 25
Most Powerful Women in Business in
Colorado
for 2019 by the
Colorado
Chamber of Commerce for
Women for her work in training 1,000 women for corporate board directorships; in 2022, she was
selected as one of the 100 Global Inspirational Women in Mining by Women in Mining UK. She
previously served as an independent director for Mene, Inc., Lithium X and McEwen Mining and was
an Executive Consultant with McGhee Productivity Solutions as well as Chief Executive Officer and
founder of MiNE, LLC. Ms. Ashby was also the Chief Executive Officer and founder of Denver Gold
Group Inc., a
Colorado
not-for-profit corporation organized and operating as a trade association for
the mining industry. She graduated magna cum laude with a degree in finance from
Regis University
.
James (Jim) Gowans
Mr. Gowans has more than 40 years of experience in the resource sector through an extensive
career as a senior executive with several major mining companies and his role as past chair of the
Mining Association of
Canada
. He has extensive mining knowledge and perspective on the
importance of sustainability and stakeholder relations. He has held executive positions with
Debswana Diamond Company in
Botswana
, DeBeers SA, DeBeers Canada Inc., PT Inco in
Indonesia
, and Placer Dome Ltd. He was also interim president and CEO of Trilogy Metals Inc.,
President, CEO and a director of Arizona Mining Inc. and senior advisor to the Chair of the Board
and Co-President of Barrick Gold Corporation. He holds a Bachelor of Applied Science degree in
mineral engineering from the
University of British Columbia
and attended the Banff School of
Advanced Management. He currently sits on the board of directors of Cameco Corporation,
Marathon Gold Corporation and Trilogy Metals Inc.
The Circular contains information for Shareholders regarding the Annual Meeting, including exercising
voting rights on the election of the Board and the appointment of the Company's external auditor.
Shareholders who held shares as of the Record Date of
May 12, 2023
will be eligible to vote. Voting
instructions are included in the Circular, and eligible Shareholders are encouraged to vote well in
advance of the proxy voting deadline of
11:00 a.m. Eastern Time
on
June 26, 2023
. The Meeting
Materials are available under the Company's issuer profile on SEDAR (
www.sedar.com
) and on the
Company's website at
https://treasurymetals.com/investors/annual-meeting-of-shareholders/
.
About Treasury Metals Inc.
Treasury Metals Inc. is a gold-focused company with assets in
Canada
. Treasury's Goliath Gold
Complex, which includes the Goliath, Goldlund and Miller deposits, is located in
Northwestern
Ontario
. The deposits benefit substantially from excellent access to the Trans-Canada Highway,
related power and rail infrastructure and close proximity to several communities, including
Dryden,
Ontario
. The Company also owns several other projects throughout
Canada
, including the
Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock.
Treasury is committed to inclusive, informed and meaningful dialogue with regional communities and
Indigenous Nations throughout the life of all our Projects and on all aspects, including creating
sustainable economic opportunities, providing safe workplaces, enhancing of social value and
promoting community well-being.
To view further details about Treasury and the Goliath Gold Complex, please visit the Company's
website at
www.treasurymetals.com
.
SOURCE
Treasury Metals Inc.
View original content:
http://www.newswire.ca/en/releases/archive/May2023/24/c0253.html
%SEDAR: 00027114E
For further information:
Jeremy Wyeth, President & CEO, T: +1 416 214 4654; Orin Baranowsky,
CFO, T: +1 416 214 4654, Email: [email protected], Twitter @TreasuryMetals, Toll-free: 1-
855-664-4654
CO: Treasury Metals Inc.
CNW 17:00e 24-MAY-23