Spanish Mountain Gold Announces Changes to its Board of Directors
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910-1111 Melville Street
Vancouver, British Columbia, V6E 3V6
Tel: 604.601.3651
Spanish Mountain Gold Announces Changes to its Board of Directors
Vancouver, B.C. , August 30, 2023 - Spanish Mountain Gold Ltd. (the " Company" or " Spanish
Mountain Gold") (TSX-V: SPA) announces the retirement of Mr. Donald Coxe and the resignation
of Mr. Larry Yau from the Board of Directors.
Brent Bergeron, Spanish Mountain Gold's Chair, states, "It is with tremendous appreciation that
we announce the retirement of Don Coxe from the Board of Directors of Spanish Mountain Gold.
Don has been an important member of the board for many years and has contributed greatly to
the mining and other industries over his forty-year career of institutional investment experience
in North America. Most recently, Don was instrumental in working through the recruitment and
establishment of new directors and management at Spanish Mountain Gold. He leaves us with
the team in place that will lead the Company to its next level of development. On behalf of
everyone at Spanish Mountain Gold, I would like to thank Don for his enormous contribution and
wish him well in retirement."
Mr. Bergeron continues, “We thank Larry Yau for his contributions as former CEO and board
member and wish him all the best as he pursues other interests.”
About Spanish Mountain Gold Ltd.
Spanish Mountain Gold is focused on advancing its 100% -owned Spanish Mountain Gold Project
in southern central British Columbia. The Company is focused on trade-off assessments to
determine the targeted optimal production to advance its multimillion -ounce gold resource
towards a construction decision . The 2021 Pre -Feasibility Study demonstrate d the Project's
potential to be a mining operation with a production profile of greater than 150,000 gold ounces
per year and low All-in-Sustaining Cost (AISC) of $801 per ounce over a 14-year mine life. Details
on the Company are available on www.sedarplus.ca and on the Company's website:
www.spanishmountaingold.com.
On Behalf of the Board,
“Peter Mah”
President, Chief Executive Officer and Director
Spanish Mountain Gold Ltd.
For more information, contact:
Investor Relations
(604) 601-3651
www.spanishmountaingold.com
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release.
FORWARD-LOOKING STATEMENTS:
Certain of the statements and information in this press release constitute "forward -looking statements" or
"forward-looking information" Any statements or information that express or involve discussions with
respect to predictions, expectations, beliefs, p lans, projections, objectives, assumptions or future events or
performance (often, but not always, using words or phrases such as "expects", "anticipates", "believes",
"plans", "estimates", "intends", "targets", "goals", "forecasts", "objectives", "potenti al" 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) are not statements of
historical fact and may be forward -looking statements or information. The Company's forward -looking
statements and information are based on the assumptions, beliefs, expectations and opinions of
management as of the date of this press release, and other than as required by a pplicable securities laws,
the Company does not assume any obligation to update forward -looking statements and information if
circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes
in any other events affecti ng such statements or information. For the reasons set forth above, investors
should not place undue reliance on forward-looking statements and information.