Tombill Mines Announces Appointment of Liam Ruddy as Its New Chief Financial Officer and Issues Options
Tombill Mines Announces Appointment of
Liam Ruddy as Its New Chief Financial Officer
and Issues Options
Toronto, Ontario--(Newsfile Corp. - January 25, 2022) - Tombill Mines Limited (TSXV: TBLL) (OTCQB:
TBLLF) (the "
Company
" or "
Tombill
"), is pleased to announce that it has appointed Mr. Liam Ruddy as
its new chief financial officer.
Mr. Ruddy replaces Tom Rowcliffe, who steps down immediately. Tombill would like to thank Mr.
Rowcliffe for his contribution to the Company and wishes him well with his future endeavours.
Mr. Ruddy is a chartered management accountant with 39 years' experience, including 10 years in a UK
listed gold mining company where he was instrumental in taking this from a junior explorer into
commercial production. He has held senior financial positions in large and mid-size companies and
Liam's experience in accounting and finance are complemented by his commercial exposure to
precious metals royalties.
Adam Horne, CEO stated, "We are very pleased to have Liam onboard. His valuable experience and
leadership in high-growth resource companies further strengthens the Tombill management team at an
exciting time in its history."
Liam Ruddy added, "Tombill is a company at the start of its journey with considerable project potential;
this makes it a really good time to be joining as its new CFO. There is a great story to write as the
Company continues to establish a gold resource and footprint on its own property, following that which
has already been established at the neighbouring world class Hardrock project. I am happy to be joining
an already established team of professionals with the aim of furthering the business objectives and
creating significant shareholder value in the future."
Pursuant to the Company's stock option plan, 700,000 incentive stock options ("
Options
") exercisable
at $0.07 per share for a period of 3 years have been granted to Mr. Ruddy.
Subsequent to the issuance
of the Options, the Company has a total of 10,523,135 options outstanding with a further 6,771,210
available for issuance.
About Tombill
Tombill owns various royalty-free mineral exploration and past-producing gold properties in the
Geraldton and Beardmore Camp, Ontario.
The Company's business is mineral exploration, primarily
gold. It has 74 claims: 60 are owned and patented, five leased, and nine where it owns the mineral rights.
Of these, the Tombill Main Group property comprises 58 claims: 54 owned patents, and four owned
mineral rights. The Tombill Main Group claims were originally staked in the first Geraldton Gold Rush in
the 1930's by Tom Johnson and his brother Bill.
For more information, please visit
www.tombillmines.com
, and contact:
Reda Jalabi
Strategic Development
Email:
/ Tel: +44 (0) 207 529 2361
Cautionary Note Regarding Forward-Looking Information
Certain information contained herein constitutes "forward-looking information" under Canadian
securities legislation. Forward-looking information includes, but is not limited to, statements with
respect to the trading date of the Company's common shares on the TSXV. Generally, forward-looking
information can be identified by the use of forward-looking terminology such as "will" or variations of
such words and phrases or statements that certain actions, events or results "will" occur. Forward-
looking statements are based on the opinions and estimates of management as of the date such
statements are made, and they are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results to be materially different from those expressed or implied by
such forward-looking statements or forward-looking information. There can be no assurance that such
statements will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Readers should not place undue reliance on forward-looking
statements and forward-looking information. The Company will not update any forward-looking
statements or forward-looking information that are incorporated by reference herein, except as
required by applicable securities laws.
Additional information identifying risks and uncertainties is contained in filings by the Company with
the Canadian securities regulators, which filings are available at
www.sedar.com
.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/111512