Honey Badger Silver Appoints Nicol As Interim CEO
Honey Badger Silver Appoints Nicol As Interim
CEO
Toronto, Ontario--(Newsfile Corp. - July 31, 2023) -
Honey Badger Silver Inc.
(TSXV: TUF) ("
Honey
Badger
" or the "
Company
") announces that Dorian L. (Dusty) Nicol has been appointed as the
Company's interim Chief Executive Officer ("
CEO
"), replacing George Davis.
Nicol has been serving as
Honey Badger's Chief Operating Officer.
Chad Williams, the Company's Non-Executive Chairman, said, "We are grateful that Dusty has agreed
to step into this role.
His track record in evaluating mineral deposits and as a corporate executive will be
invaluable to Honey Badger as it positions itself for growth in the silver space. Honey Badger has been
very active in searching for value-accretive transactions and also preparing for exploration on its
prospective existing silver projects while the sentiment in the silver mining sector remains exceptionally
weak. We want to be in a position of strength for what we believe will be an inevitable important rise in
the price of silver. We look forward to providing news on this front shortly.
I have voluntarily agreed to
defer 100% of my cash compensation indefinitely until the silver market improves so that Honey Badger
can be as financially strong as possible in the interim. We sincerely thank George for his services and
wish him the best in his future endeavors."
About Honey Badger Silver Inc.
Honey Badger Silver is a Canadian silver company based in Toronto, Ontario, that is focused on the
acquisition, development, and integration of accretive transactions of silver ounces. The Company is led
by a highly experienced leadership team with a track record of value creation backed by a skilled
technical team. With significant land holdings in southeast and south-central Yukon, including the Plata
property 180 kms to the east of the Keno Hill silver district, as well as Ontario's historic Thunder Bay
Silver District, Honey Badger Silver is positioning to be a top-tier silver company.
ON BEHALF OF THE BOARD
Chad Williams, Non-Executive Chairman
For more information please visit our website
www.honeybadgersilver.com
or contact Ms. Michelle
Savella for Investor Relations |
|
+1 (604) 828-5886
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 release.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of the applicable
Canadian securities legislation that is based on expectations, estimates, projections and
interpretations as at the date of this news release. Forward-looking information in this news release
includes statements regarding: the structure and anticipated benefits of completing the acquisition of
the Cachinal Project (including historical resource estimate and possible positive effects on cash-
flow); and any other information herein that is not a historical fact may be "forward-looking
information". Any statement that involves discussions with respect to predictions, expectations,
interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance
(often but not always using phrases such as "expects", or "does not expect", "is expected",
"interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget",
"scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases
or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to
occur or be achieved) are not statements of historical fact and may be forward-looking information and
are intended to identify forward-looking information. This forward-looking information is based on
reasonable assumptions and estimates of management of the Company at the time such
assumptions and estimates were made, and involves known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of Honey Badger to
be materially different from any future results, performance or achievements expressed or implied by
such forward-looking information.
Such factors include, but are not limited to, risks relating to capital and operating costs varying
significantly from estimates; delays in obtaining or failures to obtain required governmental,
environmental or other project approvals; uncertainties relating to the availability and costs of
financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices;
delays in the development of projects; other risks involved in the mineral exploration and
development industry; and those risks set out in the Company's public documents filed on SEDAR
(
www.sedar.com
) under Honey Badger's issuer profile. Although the Company believes that the
assumptions and factors used in preparing the forward-looking information in this news release are
reasonable, undue reliance should not be placed on such information, which only applies as of the
date of this news release, and no assurance can be given that such events will occur in the disclosed
timeframes or at all. 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, other
than as required by law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/175402