(TheNewswire)
Vancouver, British Columbia – TheNewswire - March 21, 2023 – RacklaMetals Inc. (TSXV:RAK) (the “Company”) announces that Bruce Smithhas stepped aside from his position as interim President of RacklaMetals, in order to focus on his role as CEO and President of RadiusGold Inc. (TSX-V: RDU). Simon Ridgway will continue in his role as CEOof the Company. Scott Casselman, Rackla’s recently appointed VPExploration, has taken responsibility for the team building anddevelopment of the Company’s exploration programs and has assembleda team of geologists, geological technicians, prospectors, coreloggers etc. for Rackla’s upcoming summer program.
Mr. Smith commented: “It has been my pleasure to beinterim President of Rackla Metals over the years and a key member ofthe team involved with the search for projects for the Company. I ama big supporter of the move into the Tombstone Gold Belt and the teamScott has quickly assembled to lead the charge on the targetsacquired. The Company has quickly become a significant participantin this developing play and I’m excited to see what the summerprogram brings, especially on the drill bit! I will continue to workwith the Company as an active member of the Board ofDirectors.”
Simon Ridgway, President and CEO, commented: “In thenearly two decades that I’ve been working with Bruce, he has been avital part of developing the exploration programs for the group andhelping me review and acquire new projects. I look forward tocontinuing to have his input as a Director of Rackla. Bruce has nowdiscovered an amazing exploration target for Radius to advance on itsown, that I believe could be a game changer for the company.”
Simon Ridgway,
CEO and Director
Tel: (604) 801-5432; Fax: (604) 662-8829
Email: info@goldgroup.com
Website: www.racklametals.com
Neither the TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptresponsibility for the adequacy or accuracy of this pressrelease.
Forward-Looking Information
Certain statementscontained in this news release constitute forward-looking statementswithin the meaning of Canadian securities legislation. All statementsincluded herein, other than statements of historical fact, areforward-looking statements and include, without limitation, statementsabout the Company’s proposed financing, and future explorationactivities. Often, but not always, these forward looking statementscan be 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 negativevariations.
Forward-lookingstatements involve known and unknown risks, uncertainties and otherfactors which may cause the actual results, performance orachievements of the Company to be materially different from anyresults, performance or achievements expressed or implied byforward-looking statements. Such uncertainties and factors include,among others, whether stock exchange approval to the financing will beobtained and the financing will be completed as planned; changes ingeneral economic conditions and financial markets; the Company or anyjoint venture partner not having the financial ability to meet itsexploration and development goals; risks associated with the resultsof exploration and development activities, estimation of mineralresources and the geology, grade and continuity of mineral deposits;unanticipated costs and expenses; and such other risks detailed fromtime to time in the Company’s quarterly and annual filings withsecurities regulators and available under the Company’s profile onSEDAR at www.sedar.com. Although the Company has attempted to identify importantfactors that could cause actual actions, events or results to differmaterially from those described in forward-looking statements, theremay be other factors that cause actions, events or results to differfrom those anticipated, estimated or intended.
Forward-lookingstatements contained herein are based on the assumptions, beliefs,expectations and opinions of management, including but not limited to:that stock exchange approval to the financing will be obtained andthat the financing will be completed as planned; that the Company’sstated goals and planned exploration activities at its properties willbe achieved; that there will be no material adverse change affectingthe Company or its properties; and such other assumptions as set outherein. Forward-looking statements are made as of the date hereof andthe Company 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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