Steppe Gold Limited (TSX: STGO) - Announcement Update 1
Steppe Gold Limited (TSX: STGO) - Announcement Update 1
TSX: STGO
DRILLING COMMENCES
AT ATO PROJECT
TSX: STGO
Announcement
MAY 30 2018
BOARD APPOINTMENT
ATO 4 Deposit drilling
CAPITALIZATION
TSX Symbol: STGO
Total Basic Shares O/S (M): 42.9
BOARD OF DIRECTORS
MATTHEW WOOD
Chairman, President and CEO
BATAA TUMUR-OCHIR
Director and Vice President Mongolia
ANEEL WARAICH
Director and Executive Vice President
JEREMY SOUTH
Director
PATRICK MICHAELS
Director
DR. ZAMBA BATJARGAL
Director
CONTACT INFORMATION
THE COMPANY’S HEAD OFFICE:
Shangri-La office, Suite 1201,
Olympic street 19A, Sukhbaatar
District 1,
Ulaanbaatar 14241, Mongolia
Tel: +976 7732 1914
TORONTO OFFICE:
90 Adelaide Street. W, Suite 400
Toronto, ON
M5H 3V9,
Canada
Tel: +1 647 697 0577
TRANSFER AGENT:
Lori Winchester
Senior Relationship Manager, Client
Management
Phone: +1 416 607-7898
Cell: +1 416 671-4558
Email: [email protected]
ABOUT STEPPE GOLD
Steppe Gold is a precious metals exploration and development company with an aggressive
growth strategy to build Steppe into the premier precious metals company in Mongolia. The
Company owns the advanced staged Altan Tsaagan Ovoo (ATO) gold project, where first gold
production is targeted for late 2018, and the exciting Uudam Khundii (UK) gold exploration
project. Mongolia is open for business, pro mining development and one of the last great
frontiers where giant mineral deposits can be found and developed.
Steppe Gold Limited (TSX: STGO) (the “Company or Steppe Gold”) is very pleased to announce the
appointment of Mr. Lewis Marks to the Company’s Board as a Director.
Mr. Marks has lived and worked in Asia for 37 years with a residence and business operations in
Mongolia for most of the last 18 years. Mr. Marks currently serves as a Director of CWT Mongolia,
importing diesel into Mongolia from Russia; is a significant shareholder of Bayandari LLC, a
Mongolian agriculture company focused on wheat production from approximately 24,000 hectares
outside of Ulaanbaatar; and is a Director of Tsast Impex LLC, the second largest construction
company in Mongolia.
Mr. Marks also serves as Member of the Board of Directors of the LIM Japan Fund, a role he’s had
since 2002. Fro m 1980 to 1993 he was with Marc Rich & Co. AG (purchased by Glencore
International AG in 1993) and remained with Glencore International AG from 1993 to 2000,
where part of his responsibilities included selling Mongolian copper into China. Prior to that, from
1997 until 1980, he practiced law at Yanagida & Nomura in Tokyo, Japan (formerly Yanagida &
Sakuragi).
Mr. Marks earned his Bachelor of Science in Foreign Service at the School of Foreign Service,
Georgetown University in Washington, D.C. and his Juris Doctor from the School of Law, State
University of New York at Buffalo.
The Company is fortunate to be able to add someone of Mr. Marks' experience and expertise and
it is expected that Mr. Marks will be of great assistance in the successful development of
the Company's ATO project.
On behalf of the Board
Matthew Wood
Chairman, President and
CEO Steppe Gold Limited