SAVARY GOLD CORP. ("Savary" or the "Company") (TSX VENTURE:SCA) announces the
appointments of Mr. Gregory Duras as Chief Financial Officer, Ms. Brianna Davies
as Corporate Secretary and the appointment of Mr. Michael McAllister as Manager,
Investor Relations, effective as of June 01, 2013.


Mr. Duras is a professional accountant with significant experience in the
resource sector having worked as Chief Financial Officer for various publicly
traded companies including Avion Gold Corp. which had mining operations in Mali
and Burkina Faso in West Africa. Previously held positions include Vice
President of Finance and Administration at S.C. Rosia Montana Gold Corporation
S.A. (RMGC), a mineral exploration and mining development company based in
Romania and a number of senior finance roles, including Controller of TSX-listed
Gabriel Resources Ltd. and High River Gold Mines Ltd. Mr. Duras is a Certified
General Accountant and a Certified Professional Accountant, and holds a Bachelor
of Administration from Lakehead University.


Ms. Davies is a corporate securities lawyer with a broad range of international
experience, including in West Africa. Since October 2007, Ms. Davies has worked
as a legal consultant to various publicly traded companies in the resource
sector and prior to this Ms. Davies practiced law at a major Canadian law firm.
Ms. Davies holds a Juris Doctor from the University of Toronto and an Honours
B.A in Economics from McMaster University. 


Mr. McAllister is a specialized investor relations manager, who joined the
mining sector in June, 2010. He has worked for companies such as Avion Gold
Corp, which was sold to Endeavour Mining in October 2012. Prior to that Mr.
McAllister worked at BMO Capital Markets in the Investment and Corporate Banking
Group in Metals & Mining. Mr. McAllister's appointment is effective June 1, 2013
and will include remuneration in the amount of $1,500 per month for his services
to the Company.


"I am pleased to welcome Greg, Brianna and Michael to the Savary management
team," stated Charles Mostert, Savary Gold's President and CEO. "The breadth of
experience and versatility that they bring to Savary will be invaluable to the
Company as we prepare for our next phase of exploration on Hounde South."


The appointments follow the resignations of Carlo Valente as Chief Financial
Officer, Sheila Paine as assistant corporate secretary, Jim Crawford as VP,
Business Development and Craig Mackay as VP technical services. The Company
would like to thank Messrs Valente, Crawford, Mackay and Ms. Paine for their
contributions and wish them well in their future endeavours.


The Company also announces that it has granted a total of 1,650,000 stock
options to various directors, officers and consultants of the Company, including
options granted to the new management appointees. The options have an exercise
price of $0.10 and shall expire five years from the date of grant. The options
shall vest immediately, with the exception of Mr. McAllister's grant of 125,000
options that shall vest over a period of 12 months in four equal installments
with the first installment vesting three months from the date of grant, subject
to a four month regulatory hold period. The grant of options remains subject to
regulatory approval.


About Savary Gold

Savary Gold is a Canadian company with a tightly held capital structure and
focused on exploring the Hounde South Gold Property in Burkina Faso. The
property is in the Birimian age Hounde Greenstone Belt, which hosts Semafo's
Mana mine and additional gold deposits which are presently subject to extensive
exploration efforts (including Endeavour Mining's Hounde Project and Sarama's
South Hounde Project). For additional information please visit our website at
www.savarygold.com and follow us on Facebook or Twitter @SavaryGold.


SAVARY GOLD CORP.

On behalf of the Board

Charles Mostert, Chief Executive Officer

Cautionary Note Regarding Forward-Looking Information

Information set forth in this news release may involve forward-looking
statements under applicable securities laws. Forward-looking statements are
statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other similar
expressions. Forward-looking statements or information relate to, among other
things, the next phase of the Company's exploration program and the exploration
potential of the Company's properties. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other factors
which may cause our actual results, performance or achievements, or other future
events, to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such
factors include, among others, the following risks: the risks associated with
outstanding litigation, if any; risks associated with project development; the
need for additional financing; operational risks associated with exploration;
fluctuations in gold and other commodity prices; title matters; environmental
liability claims and insurance; reliance on key personnel; the potential for
conflicts of interest among certain officers, directors or promoters with
certain other projects; the absence of dividends; competition; dilution; the
volatility of our common share price and volume and other risks and
uncertainties, including those described in the Company's most recent Management
Discussion & Analysis report filed with the Canadian Securities Administrators
and available at www.sedar.com. Forward-looking statements are made based on
management's beliefs, estimates and opinions on the date that statements are
made and the Company undertakes no obligation to update forward-looking
statements if these beliefs, estimates and opinions or other circumstances
should change, except as required by law. Investors are cautioned against
attributing undue certainty to forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Savary Gold Corp.
Michael McAllister
Manager, Investor Relations
416-309-2134
info@savarygold.com
www.savarygold.com

Savary Gold Corp. (TSXV:SCA)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024 Savary Gold Corp. 차트를 더 보려면 여기를 클릭.
Savary Gold Corp. (TSXV:SCA)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024 Savary Gold Corp. 차트를 더 보려면 여기를 클릭.