(TheNewswire)
Vancouver, British Columbia – TheNewswire - May 8 th 2023 - Arizona Silver ExplorationInc. (TSXV:AZS) ( OTC:AZASF ) is pleased to announce it hasappointed Tom Peregoodoff as an Advisor to the Board of Directorseffective immediately.
Mr. Peregoodoff has over 30 years of resource industryexperience, much of it in greenfield and brownfield exploration andresource development. Currently, Mr. Peregoodoff is President, CEO anda Director of Apollo Silver Corp. and a director of TSX-V listedAmerican Copper Development Corp. and ASX listed American West MetalsLtd.
Prior to this Mr. Peregoodoff was President and CEO ofPeregine Diamonds Ltd. where he led Peregine from the resourcedevelopment phase and initial engineering through to the eventual saleto DeBeers Canada in 2018. Prior to his position with Peregine, Mr.Peregoodoff spent 18 years in several positions with the miningmultinational BHP, culminating in his role as Vice President ofEarly-Stage Exploration, with global responsibility for allearly-stage exploration across their commodity groups. Mr.Peregoodoff holds a BSc. in Geophysics from the University ofCalgary.
Mike Stark, President, and CEO of the Company,stated, “On behalf of the Board of Directors, it is my pleasure towelcome Tom to the team at this exciting time for the Company as webuild and advance our Philadelphia property, the next emergingdiscovery in Arizona. I have had several meetings with Tom over thepast months and his honesty, experience, and worldly established trustin the industry speaks volumes in today’s market environment. I lookforward to the opportunity to work closely with Tom as we rapidly moveto our next phase of growth.”
“Over the last few months, I have had an opportunityto get to know Arizona Silver Exploration,” commented TomPeregoodoff, “I have been impressed by both the team and thepotential of the assets that Mike and Greg have been able to puttogether. It is an exciting time for the Company, and I look forwardto working with the group as they advance the discovery at thePhiladelphia project and maximize returns to stakeholders.”
Mr. Peregoodoff was granted 200,000 stock options ofthe Company. Each option entitles Mr. Peregoodoff to acquire onecommon share of the Company at the price of $0.56 per share for afive-year period, being fully vested on grant.
About Arizona Silver ExplorationInc.
Arizona Silver is a young exploration company focusedon exploring gold-silver properties in western Arizona and Nevada.The flagship asset is the Philadelphia property .
On behalf of the Board of Directors:
ARIZONA SILVER EXPLORATIONINC.
Mike Stark, President and CEO,Director
Phone: (604) 833-4278
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
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