North Peak Announces CEO Transition Calgary, Canada
North Peak Announces CEO Transition
Calgary, Canada February 10, 2025
North Peak Resources Ltd. (TSX Venture: NPR) (the “ Company” or “North Peak”) announces the
appointment of Rupert Williams as Chief Executive Officer and as a director of the Company. Brian
Hinchcliffe, who had been acting as the Company’s CEO, will remain as the Company’s Executive
Chairman and on the Board of Directors of the Company.
Mr. Williams is a financier and since 2015 has been a director of Smaller Company Capital Ltd. In the
last fifteen years, Mr. Williams has been instrumental in raising more than £500 million in capital for
mining companies and managing key corporate clients. He co-founded Ocean Equities in 2003 to take
advantage of rising commodity prices. Mr. William's role at Ocean E quities was to bring in corporate
clients and organize fund raisings both primary and secondary. There he led a sales team of six with
the support of four research analysts concentrating efforts on junior and mid cap mining companies.
“Following our successful drilling campaign at Prospect Mountain last year, we have exciting plans for
2025 and by welcoming Rupert Williams, with his strong financing experience , management is well
positioned to drive the Company forward,” commented Brian Hinchcliffe, Company Chairman.
“Having been involved in earlier financings for North Peak and as a shareholder I am excited to join
the team”, said Rupert Williams. “The board and I would like to thank Brian for leading the Company
through the early stages of acquiring the Prospect Mountain asset and setting the Company up for the
next stage of development.”
For further information, please contact:
Chelsea Hayes, Director
Phone: +1-647-424-2305
Email: [email protected]
About North Peak
The Company is a Canadian based gold exploration and development company listed on the TSX
Venture Exchange under the symbol “NPR”. The Company holds an initial 80% interest in the Prospect
Mountain Mine complex in Eureka, Nevada (see the Company’s May 4 and 23, 2023 and August 25,
2023, press releases).
CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING STATEMENTS : This news
release includes certain "forward-looking statements" under applicable Canadian securities legislation.
Forward-looking statements include, but are not limited to, statements regarding the plans, intentions,
beliefs, and current expectations of the Company and its assets that may be described herein .
Forward-looking statements consist of statements that are not purely historical, including any
statements regarding beliefs, plans, expectations or intentions regarding the future. Such information
can generally be identified by the use of forwarding -looking wording such as “may”, “expect”,
“estimate”, “anticipate”, “intend”, “believe” and “continue” or the negative thereof or similar variations.
Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no
assurance that the plans, intentions or expectations upon which they are based will occur.
By their nature, forward-looking statements involve numerous assumptions, known and unknown risks
and uncertainties, both general and specific, that contribute to the possibility that the predictions,
www.northpeakresources.com
TSX Venture: NPR
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estimates, forecasts, projections and other forward -looking statements will not occur. These
assumptions, risks and uncertainties include, among other things, the state of the economy in general
and capital markets in particular, accuracy of assay results, geological interpretations from drilling
results, timing and amount of capital expenditures; performance of available laboratory and other
related services, future operating costs, and the historical basis for current estimates o f potential
quantities and grades of target zones, as well as those risk factors discussed or referred to in the
Company's Management's Discussion and Analysis for the year ended December 31, 2023 and the
quarter ended September 30, 2024, available at www.sedarplus.ca, many of which are beyond the
control of the Company. Forward -looking statements contained in this press release are expressly
qualified by this cautionary statement.
The forward-looking statements contained in this press release are made as of the date of this press
release. Except as required by law, the Company disclaims any intention and assumes no obligation
to update or revise any forward -looking statements, wheth er as a result of new information, future
events or otherwise. Additionally, the Company undertakes no obligation to comment on the
expectations of, or statements made by, third parties in respect of the matters discussed above.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.