NOC:CC - Norseman Silver Welcomes New Team Members & Grants Stock Options
(TheNewswire)
Vancouver, British Columbia – TheNewswire - November 6, 2023 –Norseman Silver Inc. (TSXV:NOC) (“ Norseman ” or the“ Company ”) announces that Merlin Mar-Johnson and Ken McNaughtonhave joined its technical team.
Merlin Marr-Johnson is a graduate in geology fromManchester University and holds a Master’s Degree in Mineral DepositEvaluation from the Royal School of Mines, Imperial College. He has 25years’ experience in the minerals sector, including work as anexploration geologist for Rio Tinto, an analyst for HSBC and aportfolio manager for Blakeney Management. Merlin has worked onprojects in South America, Africa, Central Asia and Europe, and as CEOhe has brought two companies to AiM, London. He speaks severallanguages, including Spanish.
Mr. McNaughton is a professional geological engineerwith over 30 years of global experience developing and leading mineralexploration programs. Prior to P2 Gold he was Chief ExplorationOfficer at Pretium Resources Inc., where he had been responsible forgreenfield exploration programs since joining the company in 2011,shortly after it was formed to advance the early exploration-stageBrucejack Project. Prior to Pretium, Mr. McNaughton was VicePresident, Exploration at Silver Standard Resources Inc. for 20 years,and he oversaw all exploration activities of the company including theexploration program for the Snowfield Project and the 2009 programwhen bonanza-grade drilling results established Brucejack as ahigh-grade gold discovery. Prior to Silver Standard, he was employedby Corona Corporation and its affiliate Mascot Gold Mines Ltd. as aproject geologist and engineer for projects in British Columbia. Mr.McNaughton holds a Bachelor of Applied Science degree and a Master ofApplied Science degree in geological engineering from the Universityof Windsor. Currently he is the Chief Exploration Officer of P2 Goldwhich is completing a feasibility study of the Gabbs Copper Goldproject located in Navada.
The Company further announces that its board ofdirectors has approved a grant an incentive stock option(the "Option" ) to a consultant to acquirea total of 100,000 common shares in the capital of the Company at anexercise price of $0.12 . The Option was grantedpursuant to the Company's 10% rolling stock option plan(the "Plan" ) and i8s subject to the termsof the Plan, the grant agreement and the requirements of the TSX-V. The Option is exercisable for a five-year term expiring November 6, 2028 .
About Norseman Silver
Norseman Silver’s shares are listed on the TSXVenture Exchange under the symbol NOC and on the OTCQB under thesymbol NOCSF. Learn more about Norseman Silver at www.norsemansilver.com .
For further information, pleasecontact:
Sean Hurd
Chief Executive Officer
T: 604 505-4554
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATIONPROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTUREEXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THISRELEASE.
Cautionary Note RegardingForward?Looking Statements
The above contains forward?lookingstatements that are subject to a number of known and unknown risks,uncertainties and other factors that may cause actual results todiffer materially from those anticipated in our forward?lookingstatements. Factors that could cause such differences include: changesin world commodity markets, equity markets, costs and supply ofmaterials relevant to the mining industry, change in government andchanges to regulations affecting the mining industry.Forward?looking statements may be identified by such terms as“believes”, “anticipates”, “intends”, “expects”,“estimates”, “may”, “could”, “would”, “will”, or“plan”, and similar expressions. Forward?looking statements inthis release include, among other things, statements regarding theissuance and trading of the common shares and business, economic, andpolitical conditions in Canada. Although these statements are based oninformation currently available to the Company, the Company providesno assurance that actual results will meet management’sexpectations. Risks, uncertainties and other factors involved withforward-looking information could cause actual events, results,performance, prospects and opportunities to differ materially fromthose expressed or implied by such forward-looking information.Forward looking information in this news release includes, but is notlimited to, the Company’s objectives, goals or future plans,statements, grants of options, timing of the commencement ofoperations and estimates of market conditions. Factors that couldcause actual results to differ materially from such forward-lookinginformation include, but are not limited to failure to identifymineral resources, failure to convert estimated mineral resources toreserves, the inability to complete a feasibility study whichrecommends a production decision, the preliminary nature ofmetallurgical test results, delays in obtaining or failures to obtainrequired governmental, environmental or other project approvals,political risks, inability to fulfill the duty to accommodate FirstNations and other indigenous peoples, uncertainties relating to theavailability and costs of financing needed in the future, changes inequity markets, inflation, changes in exchange rates, fluctuations incommodity prices, delays in the development of projects, capital andoperating costs varying significantly from estimates and the otherrisks involved in the mineral exploration and development industry, aninability to predict and counteract the effects of COVID-19 on thebusiness of the Company, including but not limited to the effects ofCOVID-19 on the price of commodities, capital market conditions,restriction on labour and international travel and supply chains, andthose risks set out in the Company’s public documents filed onSEDAR. Although the Company believes that the assumptions and factorsused in preparing the forward-looking information in this news releaseare reasonable, undue reliance should not be placed on suchinformation, which only applies as of the date of this news release,and no assurance can be given that such events will occur in thedisclosed time frames or at all. The Company disclaims any intentionor obligation to update or revise any forward-looking information,whether as a result of new information, future events or otherwise,other than as required by law
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