UrbanGold Appoints Mathieu Stephens as CEO
15 2월 2019 - 10:30PM
UrbanGold Minerals Inc. ("UrbanGold" or the "Company” | TSXV: UGM)
is pleased to announce, subject to regulatory approval, the
appointment of its Vice President of Exploration, Mathieu Stephens
to the position of Chief Executive Officer (CEO), effective
immediately. Former Interim CEO Sabino Di Paola will continue to
serve in his role as Chief Financial Officer for UrbanGold, while
Mr. Stephens assumes the position of CEO and maintains his current
position of Vice President of Exploration.
Mr. Stephens is a professional geologist with
over 15 years of exploration and management experience in both
mining exploration and the securities industries. Mr. Stephens is a
graduate of the University of Quebec in Montreal and is a
registered professional geologist with the Ordre des géologues du
Québec. He is also fluent in both English and French and is an
existing shareholder of the Company.
Prior to joining UrbanGold, Mr. Stephens led the
exploration team at Beaufield Resources Inc. until its successful
acquisition by Osisko Mining and previous to that held middle
management positions at Canaccord Genuity.
Mr. Stephens commented, "I am very pleased to be
taking on the position of CEO and look forward to working with its
knowledgeable team in advancing the Company and its portfolio of
prospective properties. I will make a priority of providing regular
updates to our shareholders and I am confident we can make the
Company a successful one with our well financed exploration
budget."
Sabino Di Paola, Chief Financial Officer and
Director added, "We are very pleased to have Mr. Stephens as the
new CEO and look forward to leveraging his expertise in moving
UrbanGold forward."
About UrbanGold
UrbanGold is incorporated under the federal laws
of Canada and has its principal office in Ottawa, Ontario, Canada.
The Company is engaged in the evaluation, acquisition and
exploration of mineral properties in Canada, and its current focus
is Quebec. The Company plans to ultimately develop the properties,
bring them into production, option or lease the properties to third
parties, or sell the properties outright. The Company has not
determined whether these properties contain mineral reserves that
are economically recoverable, and the Company is considered to be
in the exploration stage.
Forward Looking Information
This press release contains "forward-looking information” within
the meaning of applicable securities laws that is intended to be
covered by the safe harbours created by those laws.
“Forward-looking information” includes statements that use
forward-looking terminology such as “may”, “will”, “expect”,
“intend”, “anticipate”, “believe”, “continue”, “potential” or the
negative thereof or other variations thereof or comparable
terminology. Forward-looking information is not a guarantee of
future performance and is based upon a number of estimates and
assumptions of management at the date the statements are made.
Furthermore, such forward-looking information involves a variety of
known and unknown risks, uncertainties and other factors which may
cause the actual plans, intentions, activities, results,
performance or achievements of the Company to be materially
different from any future plans, intentions, activities, results,
performance or achievements expressed or implied by forward-looking
information. See “Risk Factors” in the Company’s Final Prospectus
dated December 13, 2018 filed on SEDAR at www.sedar.com for a
discussion of these risks.The Company cautions that there can be no
assurance that forward-looking information will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such information. Accordingly,
investors should not place undue reliance on forward-looking
information.Except as required by law, the Company does not assume
any obligation to release publicly any revisions to forward-looking
information contained in this press release to reflect events or
circumstances after the date hereof.
For further information
Jens E. Hansen, P Eng.Chairman
Phone (613) 721-2919www.urbangoldminerals.com
Neither the TSX Venture Exchange, nor its
Regulation Service Provider (as that term is defined in the
policies of the TSXV, accepts responsibility for the adequacy or
accuracy of this release.
Urbangold Minerals (TSXV:UGM)
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