(TheNewswire)
Vancouver, B C - TheNewswire - June 19, 2023 - C2CGold Corp. (CSE:CTOC ) ( OTC:CTCGF) (the “ Company ” or“ C2C ”) announced today that Mr.Christopher Huggins has been appointed Chief Executive Officer and aDirector of the Company effective June 16, 2023. Mr. Huggins brings agreat wealth of exploration experience and knowledge of Canada’sNewfoundland & Labrador to the Company.
Christopher Huggins, Chief Executive Officer, said:“I am honoured and excited to serve in a leadership role with C2CGold. I strongly believe in the value of our property holdings, andwill work to unlock and develop that value for ourshareholders.”
Christopher Huggins, Chief Executive Officer & Director
Mr. Huggins has over 25 years experience working withmining, technology, and capital equipment companies in management,business development and operational roles. His early career beganworking as a regional exploration geologist for Homestake Miningaround the Eskay Creek, Snip Mine, Stewart and Dease Lake Camps. Overthe past decade, Mr. Huggins developed and delivered innovativecapital equipment and financial solutions for surface and undergroundmining operations across NWT and Yukon, managing accounts for FinningCanada. Mr. Huggins also serves on two public boards, includingserving as a director for Exploits Discovery Corp . Mr. Huggins has been active, in recent years, inCanada’s Newfoundland & Labrador and has a BSc in Geology fromthe University of British Columbia.
Stock Option Grant
The Company also announces that it has granted2,500,000 common stock options, effective June 16, 2023 to certain ofits directors and officers at a price of 0.07 CDN per share for athree-year period, in accordance with its Stock Option Plan. Vestingwill occur over a period of eighteen months, with 25% vestingimmediately and 25% vesting every 6 months thereafter until fullyvested.
The Company thanks Mr. Bures, former Chief ExecutiveOfficer and Director, for his service, and welcomes him as an advisoryboard member to the Company.
C2C Gold Corp. is a mineral exploration company focusedon advancing gold projects in Canada’s Newfoundland. C2C Gold holdsone of the largest land positions on the Central Newfoundland GoldBelt. C2C Gold’s portfolio covers a pipeline of projects from earlyexploration stage through drill-ready stage with known goldoccurrences. C2C Gold also holds a portfolio of projects within theprolific White Gold and Klondike districts in Canada’s Yukonincluding the advanced Sonora Gulch copper-gold project.
William M. Sheriff, Chair
972-333-2214
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release may include forward-lookingstatements that are subject to risks and uncertainties and can beidentified by the use of forward-looking terminology such as“expected”, “will be”, “anticipated”, “may” orvariations of such words and phrases or statements that certainactions, events or results “will” occur. All statements within,other than statements of historical fact, are to be considered forwardlooking. Although the Company believes the expectations expressed insuch forward-looking statements are based on reasonable assumptions,such statements are not guarantees of future performance and actualresults or developments may differ materially from those inforward-looking statements. Factors that could cause actual results todiffer materially from those in forward-looking statements includemarket prices, continued availability of capital and financing, andgeneral economic, market or business conditions. There can be noassurances that such statements will prove accurate and, therefore,readers are advised to rely on their own evaluation of suchuncertainties. We do not assume any obligation to update anyforward-looking statements except as required under the applicablelaws.
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