Aura Silver Announces CEO Leadership Change
Aura Silver Announces CEO Leadership Change
Ottawa, Ontario--(Newsfile Corp. - June 27, 2018) - Aura Silver Resources (TSXV: AUU) ("Aura Silver" or the "Company") is
pleased to announce that Robert Johansing has been appointed to the position of President and Chief Executive Officer of the
Company effective June 25, 2018, subject to TSX Venture Exchange approval.
As previously announced, Mr. Johansing was
appointed as a director of the Company on May 23, 2018.
The Board of Directors of the Company has appointed Mr. Johansing to provide leadership of a strategic reorganization of the
Company focusing on the identification and evaluation of new exploration projects for addition to the Company's existing
portfolio.
Mr. Johansing also has extensive knowledge of the Company's Taviche, Mexico project where he acted as lead
exploration geologist and country manager during the period from 2006 to 2011. Mr. Johansing will focus on securing a joint
venture partner for the Taviche project with an objective of resuming aggressive exploration programs to follow up on significant
past drilling success.
Robert Johansing has over 40 years of experience as a mining and mineral exploration geologist. His career began in Colorado
in 1976 where he worked as Senior Mine Geologist for the Sherman Mine (silver; Day Mines) and ASARCO Exploration in
Leadville, Colorado. Following the completion of his M.Sc. in Economic Geology at Colorado State University, he worked as an
exploration consultant out of Leadville, Colorado until 1992. From 1990 to 1993, he consulted for Kennecott Corp. in Central
Colorado and Northern Mexico with a focus on the exploration of Carbonate-Hosted Massive Sulfide Deposits (CHMSD). In
1993, he joined Mirage Resource Corp. in the start-up of the El Dorado project (epithermal gold) in El Salvador and worked as
Project Manager until 2002. From 2002 to 2015, Rob worked as a consultant in exploration and mining projects in Central and
South America. This period included the identification of several high-quality precious-metal projects, the development and sale
of an exploration project portfolio, project/corporate management and applied research. He remains involved in projects
throughout Latin America and the U.S.
With the appointment of Robert Johansing, Robert Boaz has ceased to be President and Chief Executive Officer of the
Company. Bob's past service to the Company is appreciated by the Board of Directors and the Board thanks him for all his
efforts.
Mr. Boaz remains a director of the Company.
About Aura Silver
Aura Silver is a TSX Venture listed company engaged in the acquisition, exploration and development of precious metal
prospects in Canada (45.7% interest in the Greyhound project under operation by our partner, Agnico Eagle) and in Oaxaca,
Mexico (100% owned Taviche project). Aura Silver has 137,450,558 common shares outstanding.
For further information regarding this press release contact:
Robert Johansing, President and CEO at (805) 455-4775 or
by e-mail at
. Aura Silver's web site is located at
www.aurasilver.com
.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward looking statements that are made as of the date hereof and are based on current
expectations, forecasts and assumptions which involve risks and uncertainties associated with our business including the
uncertainty as to whether further exploration will result in the target(s) being delineated as a mineral resource, capital
expenditures, operating costs, mineral resources, recovery rates, grades and prices, estimated goals, expansion and growth
of the business and operations, the private placement financing activities of the Company, plans and references to the
Company's future successes with its business and the economic environment in which the business operates. All such
statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under,
applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be
deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and
are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our
forward-looking statements as a number of factors could cause actual results or conditions
to differ materially from current
expectations. Please refer to the risks set forth in the Company's most recent
annual MD&A
and the Company's continuous
disclosure documents that can be found on SEDAR at
www.sedar.com
. Aura Silver does not intend, and disclaims any
obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new
information, future events or otherwise.
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.