TerraX appoints David Suda as President and CEO
June 18, 2018 TSX-V: TXR
Frankfurt: TX0
OTC Pink: TRXXF
News Release
TerraX appoints David Suda as President and CEO
Vancouver, B.C. – TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) is pleased to announce
that David Suda has been appointed as President and Chief Executive Officer of the Company, effective immediately. Mr.
Suda will work closely with Joseph Campbell, the Executive Chairman of TerraX, to help lead the company towards continued
success in discovery while enhancing the Company’s profile within the investment community.
"David Suda’s appointment is an exciting milestone and comes at an integral time for TerraX”, says Joe Campbell, Executive
Chairman. "David’s people-focused leadership style and capital markets experience will improve the com pany’s ability to
finance and fully capitalize on TerraX’s exploratio n successes and exceptional opportunities.”
David Suda has over 11 years of capital markets exp erience. He graduated with honours from York Univer sity with a
Bachelor’s Degree in Environmental Studies. Most recently, Mr. Suda was Head of Trading and Managing Director at Beacon
Securities. He has established relationships with investors including institutional managers and publ ic companies. His
extensive capital markets experience with a focus o n public resource-based companies will provide Terr aX access to a skill
set which includes marketing, corporate strategy and investment banking.
David Suda, President and CEO stated “It is an exci ting and unique opportunity to work with a gold exp loration company
with so much upside and access to infrastructure in a favorable mining jurisdiction such as Terrax. Th e work of the team led
by Joe Campbell and the commanding land position th at has been assembled around two of the highest gra de historic gold
mines in Canada are the reasons I have decided to j oin the company. I look forward to working with su ch a strong technical
team to broaden the profile, heighten interest and provide increased value to shareholders.”
Joe Campbell further stated “David brings new ene rgy, vision, strategic thinking and discipline to T erraX as we move
towards achieving our long term goal of establishin g a major world class Canadian gold district. In ad dition, David’s
background in Environmental Studies will ensure tha t we maintain and grow our strong relationship with the community in
Yellowknife. I am excited to mentor David in his new role, and to follow his lead on investment and corporate strategy.”
TerraX Minerals Inc. has agreed, subject to regulatory approval, to grant incentive stock options to Mr. Suda on 1,250,000
common shares at an exercise price of $0.41 per share for a period of three years from the date of grant. These options will
vest over an eighteen month period.
To accommodate Dave Suda’s appointment, Stuart Rogers has agreed to step down as President and to serve as Chief Financial
Officer, replacing Mark Gelmon, who will be leaving the Company at the end of June.
About the Yellowknife City Gold Project
The Yellowknife City Gold ("YCG") project encompasses 772 sq km of contiguous land immediately north, south and east
of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, TerraX controls one of the six major
high-grade gold camps in Canada. Being within 10 km of the City of Yellowknife, the YCG is close to vi tal infrastructure,
including all-season roads, air transportation, service providers, hydro-electric power and skilled tradespeople.
The YCG lies on the prolific Yellowknife greenstone belt, covering 70 km of strike length along the ma in mineralized break
in the Yellowknife gold district, including the southern and northern extensions of the shear system that hosted the high-grade
Con and Giant gold mines. The project area contains multiple shears that are the recognized hosts for gold deposits in the
Yellowknife gold district, with innumerable gold sh owings and recent high-grade drill results that ser ve to indicate the
project's potential as a world-class gold district.
For more information on the YCG project, please vis it our web site at www.terraxminerals.com.
On behalf of the Board of Directors
"JOSEPH CAMPBELL"
Joe Campbell
CEO
For more information, please contact:
Samuel Vella
Manager of Corporate Communications
Phone: 604-689-1749
Toll-Free: 1-855-737-2684
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.
This news release contains forward-looking informat ion, which involves known and unknown risks, uncert ainties
and other factors that may cause actual events to d iffer materially from current expectation. Importan t factors -
including the availability of funds, the results of financing efforts, the completion of due diligence and the results
of exploration activities - that could cause actual results to differ materially from the Company's ex pectations are
disclosed in the Company's documents filed from tim e to time on SEDAR (see www.sedar.com). Readers are
cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this
press release. The company disclaims any intention or obligation, except to the extent required by law , to update
or revise any forward-looking statements, whether as a result of new information, events or otherwise.