Lithoquest Diamonds Announces Changes to Board of Directors
NEWS RELEASE
September 30, 2020
TSX-V: LDI
Lithoquest Diamonds Announces Changes to Board of Directors
VANCOUVER, B.C., September 30, 2020 – Lithoquest Diamonds Inc. (TSX -V: LDI) (“Lithoquest”, or the
“Company”) today announced the appointment of Ms. Jo Price, M.Sc., MBA, P.Geo as an independent
director, effective immediately. In addition, Ms. Price will serve as a member of the Compensation
Committee and the Audit Committee.
“Lithoquest welcomes Ms. Price to its Board of Directors,” stated Bruce Counts, President and CEO of
Lithoquest Diamonds. “ Jo’s credentials and extensive industry experience ensures that shareholders are
represented by qualified professionals with relevant and complementary skills.
Ms. Price is an independent geological consultant to a number of junior mining and exploration companies,
with more than 20 years in the field, including 10 years in project management. She has worked on multiple
gold, poly-metallic, and graphite projects in the USA, Australia, and Canada. Jo has a Bachelor of Science
in Geology (1995) from the University of Wales, College of Cardiff, and a Master of Science in Geology
(1997) from Dalhousie University in Halifax. Jo is a professional geologist registered with the Association
of Professional Engineers and Geoscientists of Alberta (APEGA) and Association of Engineers and
Geoscientists of British Columbia (APEGBC). During her career, J o has managed multi -million dollar
exploration programs , overseeing technical direction, budgets, and operations. She has extensive
experience in field operations, drill programs, technical database administration, land management,
community relations, and exploration permitting in multiple jurisdictions. Jo currently serves as Vice
President of Exploration for Ethos Gold Corp.
Grant of Options
The Company has granted stock options in accordance with the terms and conditions of its rolling Stock
Option Plan, entitling the purchase of an aggregate 600,000 common shares by certain directors,
consultants, and advisors to the Company. Each stock option will be exercisable at $0.10 per common
share until September 30, 2025.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy
of this release.
FORWARD LOOKING INFORMATION
This news release includes certain information that may constitute “forward -looking information” under
applicable Canadian securities legislation. Forward-looking information is necessarily based upon a number
of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks,
uncertainties, and other factors which may cause the actual results and future events to differ materially
from those expressed or implied by such forward-looking information. There can be no assurance that such
information will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not place undue reliance on forward -looking
information. All forward -looking information contained in this press release is given as of the date hereof
and is based upon the opinions and estimates of management and information available to management
as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-
looking information, whether as a result of new information, future events or otherwise, except as required
by law.
For further information, please contact:
Lithoquest Diamonds Inc.
+1 (604) 506-2804