Treasury Metals Inc. Announces CFO Appointment
Treasury Metals Inc. Announces CFO
Appointment
TORONTO
,
March 25, 2021
/CNW/ -
Treasury Metals Inc.
(TSX: TML) ("
Treasury
" or the "
Company
") is
pleased to announce the appointment of
Orin Baranowsky
to the position of Chief Financial Officer effective
April 1, 2021
. Mr. Baranowsky replaces
Dennis Gibson
who will be retiring at the end of
March 2021
and
will provide consulting services to the Company to help ensure a seamless transition.
Mr. Baranowsky brings more than 20 years of finance and capital markets experience to this role. Most
recently, he was Chief Financial Officer for Blue Thunder Mining Inc., a Canadian-focused minerals
exploration company. Previously, he served as Chief Financial Officer of Stornoway Diamond Corporation,
where he led the finance, accounting, corporate development, investor relations and IT functions, and was
instrumental in helping raise more than
$1 billion
for the construction of the Renard Diamond Mine in
Québec. In addition, he previously served as Vice President of Investor Relations for CB Gold Inc., and
spent more than 10 years as an Equities Research Analyst for BMO Capital Markets. Mr. Baranowsky
holds an Honours Bachelor of Business Administration degree from
Wilfrid Laurier University
, is a member
of the Chartered Professional Accountants of
Ontario
, and is a CFA Charterholder.
"We are very pleased and excited to have Orin join the team at Treasury at this time as we continue to
advance the Goliath Gold Complex and move into the next phase of our growth," said
Jeremy Wyeth
,
President and CEO. "His experience in financing and developing a mine is precisely the expertise the
Company needs as we advance trade-off and engineering studies and work towards a pre-feasibility study.
On behalf of the board of directors and the entire team I would like to welcome Orin to Treasury Metals."
The Board of Directors would like to thank Mr. Gibson for his contribution to the Company over the last ten
years and wishes him well in his future endeavours.
"I would like to thank Dennis for the commitment, leadership and support he has provided to Treasury. He
played a fundamental role in numerous financings and was instrumental in helping the Company get to
where it is today," said Mr. Wyeth.
The Company has approved the granting of 300,000 stock options to Mr. Baranowsky. In accordance with
the Company's employee stock option plan, the options will have a 3-year term and will allow the holder to
purchase common shares of the Company at a price of
$0.95
.
About Treasury Metals Inc.
Treasury Metals Inc. is a gold focused company with assets in Canada. Treasury's Goliath Gold Complex
("
GGC
"), which includes the Goliath, Goldlund and Miller projects, is located in Northwestern Ontario. The
GGC projects 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 Lara Polymetallic Project, Weebigee-Sandy
Lake Gold Project JV, and grassroots gold exploration property Gold Rock.
To view further details about Treasury, please visit the Company's website at
www.treasurymetals.com
.
@TreasuryMetals
Forward-Looking Statements
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. Treasury
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
precious metals; 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 gold and base metals; gold 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.
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SOURCE
Treasury Metals Inc.
View original content:
http://www.newswire.ca/en/releases/archive/March2021/25/c5840.html
%SEDAR: 00027114E
For further information:
Email: [email protected]; Jeremy Wyeth, President and CEO, T: +1 416
214 4654; Nicholas Van Dyk, Vincic Advisors, T: +1 604 364 5752
CO: Treasury Metals Inc.
CNW 17:00e 25-MAR-21