TSX.V: FKM
Frankfurt: F7E1
ROUYN-NORANDA, QC, July 24,
2024 /CNW/ - Fokus Mining Corporation
("Fokus" or the "Company") (TSXV: FKM) (OTCQB: FKMCF)
(FSE: F7E1) wishes to announce that Jean
Rainville has informed the Board of Directors that he will
retire and resign as President and Chief Executive Officer of the
Company effective on July 31, 2024.
Mr. Rainville will remain a director of the Company for a
transition period. Mr. Sylvain Champagne, the acting Chief
Financial Officer and Secretary of the Company, will be appointed
as Interim President and Chief Executive Officer of the Company,
effective as of July 31, 2024. The
Board of Directors will work closely with Mr. Champagne during the
interim period to ensure a proper transition and the continuation
of the Company's activities. The Company applied for a waiver from
Section 5.9 of Policy 3.1 of the TSX Venture Exchange to allow
Mr. Champagne to concurrently act as Chief Executive Officer,
Chief Financial Officer and Secretary of the Company.
About Fokus
Fokus Mining Corporation is a mineral resource company actively
acquiring and exploring precious metal deposits located in the
province of Quebec, Canada. In
implementing this major undertaking within the Canadian mining
industry, we are determined to unlock the secret of the
Galloway gold project.
The 100% Galloway Project covers an area of 2,865.54 hectares
and is located just north of the Cadillac-Larder Lake deformation, which extends for
more than 100km. Numerous gold deposits are associated with the
structure and its extensions.
The current work focuses on a western portion of the mineral
claims where several mineral occurrences have been identified. For
more information, visit our website: fokusmining.com.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this release.
SOURCE Fokus Mining Corporation