(TheNewswire)
Vancouver, British Columbia – January 10, 2023 – Rackla MetalsInc. (TSXV:RAK) (“Rackla” or the “Company”) ispleased to announce that Adam Buchanan has beenappointed VP, Corporate Development. Adam has extensive knowledge of capital markets,resource development and investor relations through more than 10 yearsof experience in the resource sector. He will be responsible forassisting with corporate development, financing, marketing andinvestor communications. Adam graduated with a B.A. from SimonFraser University and has completed courses through the CanadianSecurities Institute.
Simon Ridgway, CEO of Rackla, commented, “We are pleased to welcome Adam to theRackla management team. Adam is enthusiastic and energetic, and likeme believes we will have a strong gold market in 2023. Adam willmanage Rackla’s communications, ensuring our shareholders andstakeholders are provided with the latest information with regard toour corporate plans and developments. We will also benefit fromAdam’s experience in the identification of areas where we can createvalue for our shareholders from our portfolio ofprojects."
The Company also announces the resignation of JamesSullivan as a director. The Board of Directors and managementappreciate his contributions during his tenure on the Board, and wishhim the best in his future endeavours.
In addition, the Company has granted to its directors,officers, employees and consultants incentive stock options topurchase up to an aggregate of 2,445,000 common shares of Racklaexercisable for up to ten years at a price o f$0.365 per share.
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 is defined inthe policies of the TSX Venture Exchange) accept responsibility forthe adequacy or accuracy of this release.
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 activities. Often, but not always, these forwardlooking statements can 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, changes in general economic conditions and financialmarkets; the Company or any joint venture partner not having thefinancial ability to meet its exploration and development goals; risksassociated with the results of exploration and development activities,estimation of mineral resources and the geology, grade and continuityof mineral deposits; unanticipated costs and expenses; and such otherrisks detailed from time to time in the Company’s quarterly andannual filings with securities regulators and available under theCompany’s profile on SEDAR at www.sedar.com. Although the Company hasattempted to identify important factors that could cause actualactions, events or results to differ materially from those describedin forward-looking statements, there may be other factors that causeactions, events or results to differ from those anticipated, estimatedor intended.
Forward-lookingstatements contained herein are based on the assumptions, beliefs,expectations and opinions of management, including but not limited to: that the Company’s stated goals and planned exploration activitiesat its properties will be achieved; that there will be no materialadverse change affecting the Company or its properties; and such otherassumptions as set out herein. Forward-looking statements are made asof the date hereof and the Company disclaims any obligation to updateany forward-looking statements, whether as a result of newinformation, future events or results or otherwise, except as requiredby law. There can be no assurance that forward-looking statements willprove to be accurate, as actual results and future events could differmaterially from those anticipated in such statements. Accordingly,investors should not place undue reliance on forward-lookingstatements.
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