VG:CC - Volcanic Gold announces VP Corporate Development appointment; grants incentive stock options
(TheNewswire)
Vancouver, British Columbia – January 10 2023 - TheNewswire - Volcanic Gold Mines Inc. (TSXV-VG) (“Volcanic” or the“Company”) is pleased to announce that AdamBuchanan has been appointed VP, Corporate Development. Adam has extensive knowledge ofcapital markets, resource development and investor relations throughmore than 10 years of experience in the resource sector. He will beresponsible for assisting with corporate development, financing,marketing and investor communications. Adam graduated with a B.A.from Simon Fraser University and has completed courses through theCanadian Securities Institute.
Simon Ridgway, President and CEO of Volcanic,commented, “We are pleasedto welcome Adam to the Volcanic management team. Adam isenthusiastic and energetic, and like me believes we will have a stronggold market in 2023. Adam will manage Volcanic’s communications,ensuring our shareholders and stakeholders are provided with thelatest information with regard to our corporate plans anddevelopments. We will also benefit from Adam’s experience in theidentification of areas where we can create value for our shareholdersfrom our portfolio of projects."
In addition, the Company has granted to certain of itsofficers incentive stock options to purchase up to an aggregate of225,000 common shares of Volcanic exercisable for up to ten years at aprice of $0.205 p ershare.
Volcanic brings together an experienced andsuccessfu l mining, exploration and capitalmarkets team focused on building multi-million -ounce gold and silver resources in underexplored countries. Through the strategic acquisition ofmineral properties with demonstrated potential for hosting gold andsilver resources, and by undertaking effective exploration and drillprograms, Volcanic intends to become a leading gold-silver company.
For further information, visit our website at www.volgold.com .
Volcanic Gold Mines Inc.
Simon Ridgway, President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider(as that term is defined in the policies of the TSX VentureExchange) accept responsibility for the adequacyor accuracy of this release.
Forward-looking statements
Certain statements contained in this news release constituteforward-looking statements within the meaning of Canadian securitieslegislation. All statements included herein, other than statements ofhistorical fact, are forward- looking statements and include, withoutlimitation, statements about the Company’s plans for its propertyinterests. Often, but not always, these forward looking statements canbe identified by the use of words such as “estimate”,“estimates”, “estimated”, “potential”, “open”,“future”, “assumed”, “projected”, “used”,“detailed”, “has been”, “gain”, “upgraded”,“offset”, “limited”, “contained”, “reflecting”,“containing”, “remaining”, “to be”, “periodically”, orstatements that events, “could” or “should” occur or beachieved and similar expressions, including negative variations.
Forward-looking statements involve known and unknown risks,uncertainties and other factors which may cause the actual results,performance or achievements of the Company to be materially differentfrom any results, performance or achievements expressed or implied byforward-looking statements. Such uncertainties and factors include,among others, the uncertainties inherent in the mineralresource estimates; whether the Company’s planned explorationwork will be proceed as intended; changes in general economicconditions and financial markets; the Company or any joint venturepartner not having the financial ability to meet its exploration anddevelopment goals; risks associated with the results of explorationand development activities, estimation of mineral resources and thegeology, grade and continuity of mineral deposits; unanticipated costsand expenses; and such other risks detailed from time to time in theCompany’s quarterly and annual filings with securities regulatorsand available under the Company’s profile on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors thatcould cause actual actions, events or results to differ materiallyfrom those described in forward-looking statements, there may be otherfactors that cause actions, events or results to differ from thoseanticipated, estimated or intended.
Forward-looking statements contained herein are based on theassumptions, beliefs, expectations and opinions of management,including but not limited to: that the Company’s stated goals andplanned exploration and development activities will be achieved; thatthere will be no material adverse change affecting the Company or itsproperties; and such other assumptions as set out herein.Forward-looking statements are made as of the date hereof and theCompany disclaims any obligation to update any forward-lookingstatements, whether as a result of new information, future events orresults or otherwise, except as required by law. There can be noassurance that forward-looking statements will prove to be accurate,as actual results and future events could differ materially from thoseanticipated in such statements. Accordingly, investors should notplace undue reliance on forward-looking statements.
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