(TheNewswire)
Aurora, Ontario – TheNewswire - January 14,20 21 – Tri Origin Exploration Ltd. (TSXV:TOE) (OTC:TROIF) announces that it has initiatedchanges to its management, board and advisory committees in order tobuild capacity for growth and to enact an aggressive explorationprogram. It is pleased to welcome the appointment of AlexandriaMarcotte and Elijah Tyshynski to the Company's Board of Directors andthe appointment of Mr. Andrew Thomson as interim President and ChiefExecutive Officer of the Company, effective January 14 , 2021. Alexandria Marcotte andElijah Tyshynski were nominated to the board by Osisko Mining Inc. andO3 Mining Inc. respectively. Glenn Nolan, who has been a director ofthe Company since 2019, is resigning from the Board but will continuewith the Company on an advisory committee to apply his expertise incorporate social responsibility and government relations as TriOrigin’s projects advance. The Company wishes to thank Glenn for hiscontributions to date and looks forward to his continuedinvolvement.
Dr. Robert Valliant, co-founder of the Company andcurrent CEO will take the role of Chairman of the Board. Dr. Vallianthas also been retained as a consultant and will continue to play avital role in advancing the Company’s projects.
Robert is quoted, “With the backing of Osisko and O3Mining as major shareholders and energetic new management and Boardmembers, Tri Origin is now well financed and positioned to unlock thevalue of its many gold assets commencing with a drill program at SkyLake.”
Ms. Alexandria Marcotte, P.Geo., is currently the VicePresident, Project Coordination for Osisko Mining Inc. Ms. Marcottestarted at Osisko as a Senior Geologist in March 2017. Prior to joining Osisko, Ms. Marcotte held increasinglysenior roles in junior exploration companies internationally andacross Canada. She started her career in base metals workingunderground at the Kidd Creek mine. Ms. Marcotte is a director of theCanadian Museum of Nature Foundation and is a member of theProfessional Geoscientists of Ontario and the Sustainability Committeeof the Prospectors & Developers Association of Canada. Ms.Marcotte received an Honours Bachelor of Science degree from theUniversity of Toronto, a Certificate in Mining Management from RyersonUniversity, and is an MBA candidate at the Schulich School ofBusiness, York University.
Mr. Elijah Tyshynski currently serves as a director ofO3 Mining Inc., along with acting as a Strategic Advisor to otherResource and Development Organizations. He has almost two decades ofexperience in international capital markets as a Structurer, Trader,and Portfolio manager. Mr. Tyshynski was a Portfolio Manager for theOntario Teachers’ Pension Plan until 2019, where he managed thefunds exposure to emerging markets. He has also served as Director,Head of Trading, for the Standard Bank of South Africa, inJohannesburg, where he gained considerable exposure to infrastructureand commodity financing on the African continent. Prior to this, heserved as a VP at Morgan Stanley & The Royal Bank of Canada inLondon, England. Mr. Tyshynski graduated from McGill University with aBachelor of Arts degree in Economics.
Mr. Andrew Thomson is the President and Chief ExecutiveOfficer of Palamina Corp., a junior exploration Company active inPeru. Mr Thomson’s previous company was acquired by Agnico EagleMines Limited in June of 2015. Mr. Thomson is an entrepreneur who hasbeen actively exploring in the America’s since 1993. Mr. Thomson isfluent in French and proficient in Spanish and currently sits on theBoard of Directors of Palamina Corp., Winshear Gold Corp. and MonteroMining and Exploration Ltd.
Tri Origin plans to initiate a drill discovery programat its Sky Lake Gold Project in the first quarter of 2021 . The Company has also initiated asearch for a full-time CEO and anticipates further additions tomanagement and its advisory committees to guideit through renewed exploration and growth in a resurgent market forgold and base metals.
About Tri Origin
Tri Origin is a well-fundedexploration company driven by value generation through drilldiscovery. The Company has 48,991,685 shares outstanding with a strongportfolio of gold projects in Canada. Tri OriginExploration Ltd. trades on the TSX Venture Exchange under the symbolTOE.
For more information about TriOrigin, please visit www.triorigin.com or SEDAR www.sedar.com orcontact:
Andrew Thomson, President
Tri Origin Exploration Ltd.
Tel: (905) 727-1779
E-mail: invest@triorigin.com
Forward Looking Statements:
Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release. This News Release includes certain"forward-looking statements" which are not comprised ofhistorical facts. Forward-looking statements include estimates andstatements that describe the Company’s future plans, objectives orgoals, including words to the effect that the Company or managementexpects a stated condition or result to occur. Forward-lookingstatements may be identified by such terms as “believes”,“anticipates”, “expects”, “estimates”, “may”,“could”, “would”, “will”, or “plan”. Sinceforward-looking statements are based on assumptions and address futureevents and conditions, by their very nature they involve inherentrisks and uncertainties. Although these statements are based oninformation currently available to the Company, the Company providesno assurance that actual results will meet management’sexpectations. Risks, uncertainties and other factors involved withforward-looking information could cause actual events, results,performance, prospects and opportunities to differ materially fromthose expressed or implied by such forward-looking information.Forward looking information in this news release includes, but is notlimited to, the intention to complete the Offering and the expectedexpenditure of the proceeds of the Offering, the Company’sobjectives, goals or future plans, statements, exploration results,potential mineralization, the estimation of mineral resources,exploration and mine development plans, timing of the commencement ofoperations and estimates of market conditions. Factors that couldcause actual results to differ materially from such forward-lookinginformation include, but are not limited to, the Company’s abilityto obtain all approvals required in connection with the Offering andsuccessfully complete the Offering, the Company’s ability to predictor counteract potential impact of COVID-19 coronavirus on factorsrelevant to the Company’s business failure to identify mineralresources, failure to convert estimated mineral resources to reserves,the inability to complete a feasibility study which recommends aproduction decision, the preliminary nature of metallurgical testresults, delays in obtaining or failures to obtain requiredgovernmental, environmental or other project approvals, politicalrisks, inability to fulfill the duty to accommodate First Nations andother indigenous peoples, uncertainties relating to the availabilityand costs of financing needed in the future, changes in equitymarkets, inflation, changes in exchange rates, fluctuations incommodity prices, delays in the development of projects, capital andoperating costs varying significantly from estimates and the otherrisks involved in the mineral exploration and development industry,and those risks set out in the Company’s public documents filed onSEDAR. Although the Company believes that the assumptions and factorsused in preparing the forward-looking information in this news releaseare reasonable, undue reliance should not be placed on suchinformation, which only applies as of the date of this news release,and no assurance can be given that such events will occur in thedisclosed time frames or at all. The Company disclaims any intentionor obligation to update or revise any forward-looking information,whether as a result of new information, future events or otherwise,other than as required by law.
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