(TheNewswire)
Vancouver, BritishColumbia - TheNewswire - March 30, 2022 - Leopard Lake GoldCorp. (the "Company" or "Leopard Lake")(CSE: LP) ( CNSX:LP.CN) announces that it hasappointed Eric Bouchard as a director of the Company.
Mr. Bouchard is the co-founder and senior partner ofBouchard + avocats, a law firm of Quebec City established in 1987, andMr. Bouchard is also Chairman of the board of directors of PronatureInc. and sitting member on the board of directors of Oricom InternetInc. He is currently Honorary Consul of Finland for the Province ofQuebec out of Montreal and a Governor of the Quebec Bar Foundation. Mr. Bouchard was previously a member of the Canadian Forces LiaisonCouncil as well as the Quebec Community Legal Centre, and he has alsotaught law courses at Laval University and at the Quebec Bar School. Mr. Bouchard obtained his law degree (LL.B.) from Laval Universityin 1986 and was admitted to the Quebec Bar in 1988.
Stock Option Grants
The Company also announces that, pursuant to its stockoption plan, it has granted an aggregate of 800,000 incentive stockoptions to certain directors and officers of the Company. The stockoptions will vest immediately and be exercisable to purchase onecommon share in the capital of the Company for a period of five (5)years from the date of grant, at a price of $0.14 per share.
The stock options are non-transferable and any commonshares issued upon the exercise thereof will be subject to afour-month hold period from the date of grant pursuant to the policiesof the Canadian Securities Exchange.
About Leopard Lake Gold Corp.
Leopard Lake is engaged in the business of mineralexploration and the acquisition of mineral property assets in Canada,including the St. Robert property, which is comprised of 4 miningclaims in Beauceville and 102 mining claims in the Riseborough andMarlow Townships in St. Robert Bellarmin, Quebec, and the Stellaproperty located in the Abitibi region of Northwestern Quebec, made upof 52 contiguous mining claims for a total of 2,987 hectares,approximately 65 kilometres east of the town of Val d-Or. Itsobjective is to locate and develop economic precious and base metalproperties of merit and to conduct its exploration program on theLeduc Gold Project. The Leduc Gold Project consists of 9 unpatentedmining claims (114 cells) which covers an area of approximately 2,290hectares near Jellicoe, Ontario, Canada, within the Thunder Bay MiningDivision.
For additional information, and to view a copy of thisnews release in French, please visit the Company's website at:www.leopardlake.ca
On Behalf of Leopard Lake GoldCorp.
Robert Coltura
Chief Executive Officer andPresident
For further information, pleasecontact:
Robert Coltura
Chief Executive Officer and President
(604) 290-6152
Forward-Looking Statements:
This news release contains forward-looking statementsand forward-looking information (collectively, "forward lookingstatements") within the meaning of applicable Canadian and U.S.securities legislation. Forward-looking statements includepredictions, projections and forecasts and are often, but not always,identified by the use of words such as "seek","anticipate", "believe", "plan","estimate", "forecast", "expect","potential", "project", "target","schedule", "budget" and "intend" andstatements that an event or result "may", "will","should", "could" or "might" occur or beachieved and other similar expressions and includes the negativesthereof. All statements other than statements of historical factincluded in this release, including, without limitation, statementsregarding the exercise of the incentive stock options, are forwardlooking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to beaccurate and actual results and future events could differ materiallyfrom those anticipated in such statements. Forward-lookingstatements are based on a number of material factors and assumptions. Important factors that could causeactual results to differ materially from the Company's expectationsinclude actual exploration results, changes in project parameters asplans continue to be refined, results of future resource estimates,future metal prices, availability of capital and financing onacceptable terms, general economic, market or business conditions,uninsured risks, regulatory changes, defects in title, availability ofpersonnel, materials and equipment on a timely basis, accidents orequipment breakdowns, delays in receiving government approvals,unanticipated environmental impacts on operations and costs to remedysame, and other exploration or other risks detailed herein and fromtime to time in the filings made by the Company with securitiesregulators. Although the Company has attempted to identify importantfactors that could cause actual actions, events or results to differfrom those described in forward-looking statements, there may be otherfactors that cause such actions, events or results to differmaterially from those anticipated, including, without limitation,risks relating to epidemics or pandemics such as COVID–19, includingthe impact of COVID–19 on the Company's business, financialcondition and results of operations. There can be no assurance thatforward-looking statements will prove to be accurate and accordinglyreaders are cautioned not to place undue reliance on forward-lookingstatements. }
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