Sierra Madre Announces Kenneth Scott as CFO
SIERRA MADRE ANNOUNCES KENNETH SCOTT AS CFO
Vancouver, British Columbia – July 25, 2022 – Sierra Madre Gold and Silver Ltd. (TSXV: SM,
OTC PINK: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce the appointment
of Mr. Kenneth Scott to the role of Chief Financial Officer (“CFO"), effective immediately. Mr.
Scott brings over 33 years of public company auditing experience to the Company.
Mr. Scott retired as a partner of PricewaterhouseCoopers in Vancouver in 2018, where his
engagements as either the engagement leader or quality review partner (QRP) included mining
companies with international operations, such as SSR Mining, Lundin Gold, B2Gold and Teck
Resources. He has also performed multi-location audits, advised on mergers and acquisitions,
and advised on public and private financings.
Mr. Scott’s regulatory experience includes a leadership role on engagements selected by either
the firm’s internal audit quality review process or by the Canadian Public Accountability Board.
Alex Langer, Sierra Madre’s President and Chief Executive Officer commented, “We are delighted
to have Ken accept the position of CFO as we build out our management team in preparation for
operations at La Guitarra. Ken brings a wealth of experience and knowledge and will lead our
accounting team as we transition to become a producing mining company.”
Kenneth Scott, Sierra Madre’s new CFO commented, “I am truly excited to join Sierra Madre
during this transformative stage of its development. The Company has an outstanding portfolio
of projects, highlighted by La Guitarra. Having the opportunity to work as part of the Sierra
Madre team is a highlight for me and I look forward to helping the Company achieve its goals of
becoming a mid-tear silver producer.”
Since retiring, Mr. Scott has served as a consultant and performed quality review roles for many
of PwC’s larger public company engagements. Mr. Scott holds a Canadian Chartered
Professional Accountant (CPA) designation.
The Company’s outgoing CFO, Kerry Spong, will remain an Officer of the Company holding the
positions of Controller and Corporate Secretary.
About Sierra Madre
Sierra Madre Gold and Silver Ltd. is a mineral exploration company, currently focused on the
acquisition, exploration and development of the Tepic and La Tigra Properties in Nayarit, Mexico.
The Company has an experienced management team with a proven track record of wealth
creation in Mexico through project discovery, advancement, and monetization. Sierra Madre’s
key objective is to advance exploration on the Tepic and La Tigra Properties to determine whether
they contain commercially exploitable deposits of precious or base metals.
On behalf of the board of directors of Sierra Madre Gold and Silver Ltd.,
“Alexander Langer”
Alexander Langer
President, Chief Executive Officer and Director
Contact:
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in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
This press release contains “forward -looking information” within the meaning of applicable
Canadian securities legislation and statements that are based on the beliefs of management and
reflect the Company’s current expectations. When used in this press release, the words
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forward-looking information and forward-looking statements contained in this press release are
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