TerraX appoints Russell Starr and Rene Carrier to B oard of Directors; Alan Sexton appointed VP Exploration
May 8, 2017 TSX-V: TXR
Frankfurt: TX0
OTC Pink: TRXXF
News Release
TerraX appoints Russell Starr and Rene Carrier to B oard of Directors;
Alan Sexton appointed VP Exploration
Vancouver, B.C. – TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) is pleased to
announce the appointments of Russell Starr and Rene Carrier as Directors of the Company and of Alan Se xton,
P. Geo, as VP Exploration.
Mr. Starr is a successful mining entrepreneur havin g most recently been a director and senior member o f the
management team of Cayden Resources, which was acqu ired by Agnico Eagle Mines in 2014. He has over 16
years of experience with global investment banks an d independent boutique investment dealers; working as a
salesperson, trader and investment banker. He is cu rrently an SVP at Auryn Resources and holds an MBA from
the Richard Ivey School of Business and a Master of Economics from the University of Victoria.
Mr. Starr stated: “ The TerraX team has done an excellent job accumulat ing a district scale land package
neighboring the City of Yellowknife which is on tre nd with the nearby, past producing high grade Con a nd Giant
Gold mines. TerraX represents an excellent opportu nity to deliver significant shareholder value over the next 24
months through high grade gold discoveries which I am excited to be a part of.”
Mr. Carrier also served as Director of Cayden Resou rces prior to its acquisition by Agnico Eagle. He has been
the President of Euro-American Capital Corporation, a private investment company, since May 1991. He served
as Vice-President of Pacific International Securiti es Inc. where he worked for ten years until 1991. H e served as
Lead Director of International Royalty Corp. ("IRC") from 2003 to 2010. IRC was a global mineral royalty company
engaged in the acquisition and creation of natural resource royalties which was acquired by Royal Gold Inc. in
2010.
Joseph Campbell, Chairman and CEO of TerraX, states “ We are very fortunate to have individuals of Russell and
Rene’s caliber join the Terrax team as we pursue th e continued discovery of a high grade Canadian gold district.
They bring a depth of successful experience in the financial, marketing and corporate governance areas of our
business which will compliment TerraX and its effor ts moving forward.”
Additionally, Mr. Alan Sexton, P. Geo has been appo inted as VP Exploration. Much of Al Sexton’s career has
been with major mining companies, specifically West ern Mining Corporation (WMC) where he was the Site
Manager for the Meliadine gold project in Nunavut (now owned by Agnico Eagle Mines) over a seven year period
from discovery through to pre-feasibility. Mr. Sex ton has also been the technical expert on mine deve lopment
Environmental Impact Assessment reviews on several projects in the Kivalliq Region of Nunavut for the Kivalliq
Inuit Association. In addition, he has managed sev eral advanced diamond drilling programs on gold pro jects
throughout the Abitibi Greenstone Belt of northeast ern Ontario and authored numerous NI 43-101 complia nt
mineral resource estimates
Mr. Tom Setterfield, one of the original founders of TerraX, has resigned as a director to facilitate the appointment
of Mr. Starr and Mr. Carrier to the board. TerraX would like to thank him for the significant role he has played in
the development of TerraX and our current success w ith the Yellowknife City Gold project. We wish him well in
his future endeavours.
The board of directors of TerraX now consists of Joseph Campbell, Stuart Rogers, Elif Lévesque, Paul Reynolds,
Russell Starr and Rene Carrier.
About the Yellowknife City Gold Project
Yellowknife City Gold ("YCG") encompasses 418 sq km of contiguous land immediate ly north and south of the
City of Yellowknife in the Northwest Territories. T hrough a series of acquisitions, TerraX controls on e of the six
major high-grade gold camps in Canada. Being within 15 km of the City of Yellowknife, the YCG is close to vital
infrastructure, including transportation, service providers, hydro-electric power and skilled tradespe ople.
The YCG lies on the prolific Yellowknife greenstone belt, covering 45 km of strike length along the main mineralized
break in the Yellowknife gold district, including t he southern and northern extensions of the shear sy stem 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 showings and recent high grade drill
results that serve to indicate the project's potential as a world-class gold district.
For more information on the YCG project, please visit 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 Paradox Public Relations Inc.
Manager of Corporate Communications Phone: 51 4-341-0408
Phone: 604-689-1749 Toll-Free: 1-866-460-040 8
Toll-Free: 1-855-737-2684 [email protected]
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, future events or oth erwise.