Thesis Gold Announces Director Changes
Thesis Gold Announces Director Changes
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2023) - Thesis Gold Inc. (TSXV: TAU)
(WKN: A3EP87) (OTCQX: THSGF) ("
Thesis
" or the "
Company
") is pleased to announce the following
changes to the Company's Board of Directors.
Mr. Peter Gundy has resigned as a director of the Company, effective immediately, to pursue other
interests. We thank him for his contributions and wish him all the best in his future endeavors. He will be
succeeded by Ms. Lisa Peterson who will join the Company as an independent director and chair of the
audit committee.
Ewan Webster, President and CEO, shared, "On behalf of the Board, I would like to thank Peter for his
contributions to the Company. I am delighted to welcome Lisa to the Company, who brings a wealth of
financial expertise across the resource sector. We look forward to her contributions as the Company
continues to execute its strategy and focuses on delivering shareholder returns."
Ms. Peterson brings over 15 years of finance, accounting, and governance expertise across mining,
renewable energy, and professional services industries. As the CFO of a TSX listed gold development
Company and previously TSX-V listed mineral exploration companies, she has showcased her financial
leadership. Ms. Peterson's prior roles before serving as a CFO included Vice-President of Corporate
Reporting and Global Accounting at a renewable energy group of Companies and Chief of Staff Capital
Projects at Barrick Gold Corporation. She led KGHM's international Corporate Reporting group prior to
joining Barrick and started her career at KPMG LLP. Ms. Peterson is a Chartered Professional
Accountant (CPA, CA) and received a BBA from Simon Fraser University.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States. The securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and
may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption from such registration is available.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES
On behalf of the Board of Directors
Thesis Gold Inc.
"Ewan Webster"
Ewan Webster Ph.D., P.Geo.
President, CEO, and Director
About Thesis Gold Inc.
Thesis Gold, following its strategic merger with Benchmark Metals, is unlocking the combined potential
of the Ranch and Lawyers Gold-Silver Projects in the Toodoggone mining district of north-central British
Columbia, Canada. The 2022 Preliminary Economic Assessment for the Lawyers Project alone
projected an open-pit mining operation that would yield 163,000 gold equivalent ounces annually over a
12-year span. The Company is now evaluating the integration of the Ranch project, aiming to enhance
these figures and bolster the overall potential. Central to this ambition is the 50,000-metre drill program,
designed to define the high-grade underground resource at Lawyers and augment the near-surface high-
grade deposits at Ranch. The Company's roadmap includes the release of a global Company resource
estimate by Q2 2024, followed by an updated Preliminary Economic Assessment in Q3 2024. Through
these strategic initiatives, Thesis Gold aspires to rise to the forefront of global precious metals ventures.
For further information or investor relations inquiries, please contact:
Dave Burwell
Vice President Corporate Development
Email:
Tel: 403-410-7907
Toll Free: 1-888-221-0915
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this press release.
Cautionary Statement Regarding Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, without limitation, statements regarding
the Offering, intended use of proceeds from the Offering, and the future plans or prospects of the
Company. Generally, forward-looking information can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of
such words and phrases or state that certain actions, events or results "may", "could", "would", "might"
or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a
number of assumptions that, while considered reasonable by management, are inherently subject to
business, market, and economic risks, uncertainties, and contingencies that may cause actual
results, performance, or achievements to be materially different from those expressed or implied by
forward-looking statements. Although the Company has attempted to identify important factors that
could cause actual results to differ materially from those contained in forward-looking information,
there may be other factors that cause results not to be as anticipated, estimated, or intended. 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 statements. Accordingly, readers should
not place undue reliance on forward-looking information. Other factors which could materially affect
such forward-looking information are described in the risk factors in the Company's most recent
annual management's discussion and analysis, which is available on the Company's profile on
SEDAR+ at
www.sedarplus.ca
. The Company does not undertake to update any forward-looking
information, except in accordance with applicable securities laws.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES
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