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Alex Heath, CFA Joins Ethos Gold as President
Vancouver, BC – November 5 th , 2020, Ethos Gold Corp. (“ Ethos ” or the “ Company ”) (TSXV:ECC )
(OTCQB: ETHOF ) is pleased to announce that Alex Heath, CFA has j oined Ethos as President. Craig
Roberts, P.Eng. will continue as the Company’s CEO and has resigned his role as President in place
of Alex.
Alex has a B.Com. with honours from the University of British Columbia and is a CFA Charterholder.
He spent eight years with Salman Partners including as a Vice-President of Investment Banking
focused on mining financings and merger and acquisi tion transactions. He recently worked as
Director, Corporate Development & Investor Relations for a mid-tier precious metals producer, and
in 2019 joined Discovery Group as Strategic Advisor, Corporate Development & Investor Relations.
Stated Craig Roberts, P.Eng., CEO of Ethos: “We are delighted that Alex has agreed to join Ethos as
President. Alex has great strengths and experience in the mining space including in the marketing
and management of public companies, and in the understanding and evaluation of mining projects.
He is well known and connected in the investment an d brokerage community. Alex will play a key
role in the Ethos team’s efforts to advance a number of our projects to the drill stage by mid-2021.”
Stated John Robins of Discovery Group and strategic advisor to Ethos: “I congratulate Alex in his
new role as President of Ethos. Since Alex joined Discovery Group last year I have been impressed
with his tenacious attitude and contribution toward s building value in several of our companies.
Strong management is a cornerstone of every company ’s success and Alex is a key addition to the
Ethos team.”
Private Placement
Ethos has agreed to proceed with a private placement of 500,000 units priced at $0.20 per unit for
gross proceeds of $100,000 , subject to TSX Venture Exchange acceptance. Each u nit will comprise
one common share of Ethos and one common share purc hase warrant. Each warrant will be
exercisable into an additional share of Ethos at $0 .40 per share for five years. Alex Heath has
agreed to subscribe for these 500,000 units.
Granting of Options
Ethos announces the grant of a total of 4,000,000 incentive stock options to directors, officers, and
consultants of the Company, subject to TSX Venture Exchange acceptance. Each option is
exercisable to purchase one common share of the Com pany for five years at a price of C$0.20 per
common share in accordance with the terms of the Company’s stock option plan.
Contact
For additional information please contact Tom Martin at E: [email protected] P: 1-250-516-
2455 or view the Company’s website, ethosgold.com and the Company’s SEDAR profile at
www.sedar.com .
Ethos Gold Corp. is a proud member of Discovery Group. For more information please visit
discoverygroup.ca .
Ethos Gold Corp.
Per: " Craig Roberts "
Craig Roberts, P.Eng., CEO
Forward-Looking Statement Cautions:
This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation,
including, but not limited to, statements regarding the Company’s plans with respect to the Company’s projects and
the timing related thereto. Although the Company be lieves that such statements are reasonable, it can give no
assurance that such expectations will prove to be c orrect. Forward-looking statements are statements t hat are not
historical facts; they are generally, but not always, identified by the words "expects," "plans," "ant icipates," "believes,"
"intends," "estimates," "projects," "aims," "potent ial," "goal," "objective," "prospective," and simil ar expressions, or
that events or conditions "will," "would," "may," " can," "could" or "should" occur, or are those state ments, which, by
their nature, refer to future events. The Company c autions that Forward-looking statements are based o n the beliefs,
estimates and opinions of the Company's management on the date the statements are made and they involv e a
number of risks and uncertainties. Consequently, th ere can be no assurances that such statements will prove to be
accurate and actual results and future events could differ materially from those anticipated in such statements. Except
to the extent required by applicable securities law s and the policies of the TSX Venture Exchange, the Company
undertakes no obligation to update these forward-lo oking statements if management's beliefs, estimates or opinions,
or other factors, should change. Factors that could cause future results to differ materially from tho se anticipated in
these forward-looking statements include the risk o f accidents and other risks associated with mineral exploration
operations, the risk that the Company will encounte r unanticipated geological factors, or the possibil ity that the
Company may not be able to secure permitting and ot her agency or governmental clearances, necessary to carry out
the Company's exploration plans, risks and uncertai nties related to the COVID-19 pandemic, and the risk of political
uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its bu siness that might
interfere with the Company's business and prospects . The reader is urged to refer to the Company's rep orts, publicly
available through the Canadian Securities Administr ators' System for Electronic Document Analysis and Retrieval
(SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects
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 release.