Signature Resources Announces CFO Appointment
16483635.2
TSXV-SGU OTCQB-SGGTF FSE-3S3
366 BAY STREET, SUITE 200, TORONTO, ONTARIO M5H 4B2
www.signatureresources.ca
SIGNATURE RESOURCES ANNOUNCES CFO APPOINTMENT
Toronto, Ontario, August 9, 2021. Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF, FSE 3S3)
("Signature" or the "Company") is pleased to announ ce the appointment of Donna McLean as Chief
Financial Officer (“CFO”) of Signature, effective i mmediately. The appointment of Ms. McLean is key in
positioning Signature’s Management to successfully lead the Company’s continued growth with
efficiency and effectiveness.
Jonathan Held has stepped down from the CFO position to pursue o ther interests but will remain for a
duration to ensure a smooth and complete transition. Mr. Held, CPA, CA is a seasoned financial executive
with CFO level experience with both private and pub lic companies. He has held the position of CFO and
Director of Signature for over eight years from its inception and has been integral to Signature’s successful
growth as a highly valued member of the Company’s management team.
Donna McLean is an accomplished executive with over 30 years of financial reporting and corporate
administration. Ms. McLean has served as Chief Fina ncial Officer and Controller for numerous publicly
traded and private companies including a number of mineral exploration companies. She serves as
Manager, Accounting Services with Grove Corporate S ervices Ltd. (www.grovecorp.ca) that provides
governance, accounting and administrative services to small-cap public and private companies in Canada.
Ms. McLean also serves as Chief Financial Officer for Unigold Inc., Firestone Ventures Inc. and Avidian Gold
Corp. Ms. McLean will be joined by Ms. Sarah Morri son, Chief Operating Officer, Grove Corporate
Services, who will be assuming the role of Corporate Secretary for the Company.
“ Sarah and I are delighted to be adding Signature to our quality resource-based client stable. We
believe they are poised for sustainable growth and exploration success, and we look forward to
bringing our corporate services support to the team with the mutual aim of unlocking the value of
the Lingman Lake Gold Camp for shareholders.”
Donna McLean – CFO
“I am very pleased to welcome Donna into the CFO ro le. Her skill set, successful track record,
and professionalism position her as a key member of Signature’s management team. I look
forward to working closely with her to continue the successful growth of the Company and its
value delivery to shareholders. It is a bitterswee t task to wish Jonathan well with his new
undertakings. Signature has been blessed with his dedication, skill, discipline, and attention to
detail and the CFO transition process shall continue to benefit from this. He has been and will
remain, a highly respected and cherished member of Signature’s family. We sincerely wish him
well.”
Robert Vallis – President, CEO, and Director
16483635.2
TSXV-SGU OTCQB-SGGTF FSE-3S3
366 BAY STREET, SUITE 200, TORONTO, ONTARIO M5H 4B2
www.signatureresources.ca
About Signature
The Lingman Lake gold property consists of 1,434 st aked claims, four free hold full patented claims an d
14 mineral rights patented claims totaling approximately 27,113 hectares. The property hosts an historical
estimate of 234,684 oz of gold* (1,063,904 tonnes g rading 6.86 g/t with 2.73 gpt cut-off) and includes
what has historically been referred to as the Lingm an Lake Gold Mine, an underground substructure
consisting of a 126.5-meter shaft, and 3-levels at 46-meters, 84-meters and 122-meters depths.
*This historical resource estimate is based on prio r data and reports obtained and prepared by previou s
operators, and information provided by governmental authorities. A Qualified Person has not done
sufficient work to verify the classification of the mineral resource estimates in accordance with curr ent
CIM categories. The Company is not treating the his torical estimate as a current NI 43-101 mineral
resource estimate. Establishing a current mineral r esource estimate on the Lingman Lake deposit will
require further evaluation, which the Company and i ts consultants intend to complete in due course.
Additional information regarding historical resource estimates is available in the technical report entitled,
"Technical Report on the Lingman Lake Gold Property " dated January 31, 2020, prepared by John M.
Siriunas, P.Eng. and Walter Hanych, P.Geo., available on the Company's SEDAR profile at www.sedar.com
To find out more about Signature Resources Limited, visit our website at www.signatureresources.ca, or
contact:
Jonathan Held
Chief Financial Officer
416-270-9566
Cautionary Notes
Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in the poli cies of the TSX
Venture Exchange) accepts responsibility for the ad equacy or accuracy of this news release.
This news release contains forward-looking statemen ts which are not statements of historical fact. For ward-looking
statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words
to the effect that the Company or management expect s a stated condition or result to occur. Forward-lo oking statements
may be identified by such terms as “believes”, “ant icipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or
“plan”. Since forward-looking statements are based on assumptions and address future events and condit ions, by their very
nature they involve inherent risks and uncertainties. Although these statements are based on information currently available
to the Company, the Company provides no assurance t hat actual results will meet management’s expectati ons. Risks,
uncertainties and other factors involved with forwa rd-looking information could cause actual events, r esults, performance,
prospects and opportunities to differ materially fr om those expressed or implied by such forward-looki ng information.
Forward looking information in this news release in cludes, but is not limited to, the Company’s object ives, goals or future
plans, statements, exploration results, potential m ineralization, the estimation of mineral resources, exploration and mine
development plans, timing of the commencement of op erations and estimates of market conditions and ris ks associated
with infectious diseases, including COVID-19. Facto rs that could cause actual results to differ materi ally from such forward-
looking information include, but are not limited to changes in general economic and financial market c onditions, failure to
identify mineral resources, failure to convert esti mated mineral resources to reserves, the inability to complete a feasibility
study which recommends a production decision, the p reliminary nature of metallurgical test results, de lays in obtaining or
failures to obtain required governmental, environme ntal or other project approvals, political risks, i nability to fulfill the duty
to accommodate First Nations and other indigenous p eoples, uncertainties relating to the availability and costs of financing
16483635.2
TSXV-SGU OTCQB-SGGTF FSE-3S3
366 BAY STREET, SUITE 200, TORONTO, ONTARIO M5H 4B2
www.signatureresources.ca
needed in the future, changes in equity markets, in flation, changes in exchange rates, fluctuations in commodity prices,
delays in the development of projects, capital and operating costs varying significantly from estimate s and the other risks
involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents
filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the f orward-looking
information in this news release are reasonable, undue reliance should not be placed on such information, which only applies
as of the date of this news release, and no assuran ce can be given that such events will occur in the disclosed time frames
or at all. The Company disclaims any intention or o bligation to update or revise any forward-looking i nformation, whether
as a result of new information, future events or ot herwise, other than as required by law.