Cerrado Gold Appoints Andrew Croal as Chief Technical Officer
Cerrado Gold Inc. (TSX.V: CERT)(OTCQX:CRDOF) has announced the appointment of Andrew Croal as Chief Technical Officer. Mr. Croal brings 40 years of global mining experience in gold and base metal commodities. He has worked in various countries and held senior roles in both senior and junior mining firms. The company has issued 250,000 restricted share units (RSUs) to Mr. Croal, vesting over two years.
Additionally, Cerrado Gold has entered into an agreement with German Mining Networks GmbH (GMN) to provide investor relations services, focusing on marketing the company to European investors. The initial three-month agreement includes a fee of C$6,800 per month, with the possibility of extension.
Cerrado Gold Inc. (TSX.V: CERT)(OTCQX:CRDOF) ha annunciato la nomina di Andrew Croal come Chief Technical Officer. Il signor Croal porta con sé 40 anni di esperienza globale nell'industria mineraria, sia per quanto riguarda l'oro che i metalli di base. Ha lavorato in vari paesi e ha ricoperto ruoli senior in aziende minerarie sia grandi che piccole. L'azienda ha emesso 250.000 unità azionarie ristrette (RSU) al signor Croal, che matureranno nel corso di due anni.
Inoltre, Cerrado Gold ha stipulato un accordo con German Mining Networks GmbH (GMN) per fornire servizi di relazioni con gli investitori, concentrandosi sul marketing dell'azienda verso gli investitori europei. L'accordo iniziale di tre mesi prevede un compenso di C$6.800 al mese, con possibilità di proroga.
Cerrado Gold Inc. (TSX.V: CERT)(OTCQX:CRDOF) ha anunciado el nombramiento de Andrew Croal como Director Técnico. El Sr. Croal aporta 40 años de experiencia global en la minería de oro y metales básicos. Ha trabajado en varios países y ha ocupado cargos importantes en empresas mineras tanto grandes como pequeñas. La compañía ha emitido 250,000 unidades de acciones restringidas (RSUs) al Sr. Croal, que se otorgarán durante dos años.
Además, Cerrado Gold ha firmado un acuerdo con German Mining Networks GmbH (GMN) para proporcionar servicios de relaciones con inversores, centrándose en la comercialización de la empresa a inversores europeos. El acuerdo inicial de tres meses incluye una tarifa de C$6,800 por mes, con la posibilidad de extensión.
Cerrado Gold Inc. (TSX.V: CERT)(OTCQX:CRDOF)는 Andrew Croal을 최고 기술 책임자로 임명했다고 발표했습니다. Croal 씨는 금 및 기초 금속 상품에 대한 40년의 글로벌 광업 경험을 보유하고 있습니다. 그는 여러 나라에서 근무했으며 대형 및 소형 광업 회사에서 고위직을 맡아왔습니다. 회사는 Croal 씨에게 250,000 주식 제한 단위 (RSUs)를 부여했으며, 이는 2년에 걸쳐 귀속됩니다.
또한, Cerrado Gold는 German Mining Networks GmbH (GMN)와 투자자 관계 서비스 제공 계약을 체결했으며, 유럽 투자자에게 회사를 마케팅하는 데 집중합니다. 초기 3개월 계약은 C$6,800의 월 수수료를 포함하며, 연장 가능성이 있습니다.
Cerrado Gold Inc. (TSX.V: CERT)(OTCQX:CRDOF) a annoncé la nomination de Andrew Croal en tant que Directeur Technique. M. Croal apporte 40 ans d'expérience dans l'industrie minière à l'échelle mondiale, dans le domaine de l'or et des métaux de base. Il a travaillé dans plusieurs pays et a occupé des postes de direction dans des entreprises minières à la fois grandes et petites. L'entreprise a émis 250 000 unités d'actions restreintes (RSUs) à M. Croal, qui deviendront effectives sur deux ans.
De plus, Cerrado Gold a conclu un accord avec German Mining Networks GmbH (GMN) pour fournir des services de relations investisseurs, en se concentrant sur la commercialisation de l'entreprise auprès des investisseurs européens. L'accord initial de trois mois comprend des frais de C$6 800 par mois, avec possibilité de prolongation.
Cerrado Gold Inc. (TSX.V: CERT)(OTCQX:CRDOF) hat die Ernennung von Andrew Croal zum Chief Technical Officer bekannt gegeben. Herr Croal bringt 40 Jahre globale Erfahrung im Bergbau von Gold und Basismetallen mit. Er hat in verschiedenen Ländern gearbeitet und leitende Positionen in großen und kleinen Bergbauunternehmen innegehabt. Das Unternehmen hat 250.000 eingeschränkte Aktieneinheiten (RSUs) an Herrn Croal ausgegeben, die über zwei Jahre angesammelt werden.
Zusätzlich hat Cerrado Gold eine Vereinbarung mit German Mining Networks GmbH (GMN) getroffen, um Investor-Relations-Dienste anzubieten, die sich auf das Marketing des Unternehmens an europäische Investoren konzentrieren. Die ursprüngliche Dreimonatsvereinbarung beinhaltet eine Gebühr von C$6.800 pro Monat, mit der Möglichkeit auf Verlängerung.
- Appointment of experienced mining professional Andrew Croal as Chief Technical Officer
- Engagement of German Mining Networks GmbH for investor relations services to expand European investor base
- Issuance of 250,000 RSUs may lead to potential dilution of existing shareholders
Enters IR Services Marketing Agreement with German Mining Networks GMBH
TORONTO, ON / ACCESSWIRE / October 7, 2024 / Cerrado Gold Inc. (TSX.V: CERT)(OTCQX:CRDOF) ("Cerrado" or the "Company") is pleased to announce the appointment of Andrew Croal as Chief Technical Officer.
Mr. Croal is a Mining Engineer with 40 years of global mining experience in gold and base metal commodities. He is a versatile and practical mining professional with a proven track record of providing fit for purpose, workable solutions. His competence ranges to all aspects of mine planning, control, reporting and evaluation and combines technical expertise with safe operating requirements for all facets of the mining cycle. He has experience in Canada, South America, Africa, Australia and Papua New Guinea, having held senior roles in both Senior and Junior mining firms. He was a key member of several mine-building teams, most notably Rosebel (Iamgold), Detour Gold and Buzwagi (Barrick Gold). Andrew is a Professional Engineer in Ontario and has a BSc Mining Engineering from Queen's and an MBA from the University of Toronto.
In connection with Mr. Croal's appointment, the Company has issued 250,000 restricted share units ("RSUs") in accordance with the Company's omnibus incentive plan. The RSUs shall vest one half on the one-year anniversary, and one-half on the following anniversary, being October 7, 2026. Once vested, each RSU represents the right to receive one common share of the Company.
The Company also announces that it will enter into an engagement with German Mining Networks GmbH ("GMN"), an investor relations firm, located at Hauptstr. 82 98593 Floh-Seligenthal, Germany, Tel.: +49 176 990 960 54, Email: krahp@german-mining.com to provide investor relations services to the Company, specifically the arrangement of investor meetings and investor roadshows, subject to review by the TSX Venture Exchange. Peter Krah is the managing director of GMN and will be responsible for all services to be performed to the Company.
GMN will assist in marketing of the Company to European investors. The Agreement will be for an initial term of three (3) months, with the opportunity to extend by mutual agreement, for a fee of C
About Cerrado
Cerrado Gold is a Toronto-based gold production, development, and exploration company focused on gold projects in South America. The Company is the
In Argentina, Cerrado is maximizing asset value at its Minera Don Nicolas operation through continued operational optimization and is growing production through its operations at the Las Calandrias Heap Leach project. An extensive campaign of exploration is ongoing to further unlock potential resources in our highly prospective land package in the heart of the Deseado Masiff.
In Canada, Cerrado holds a
For more information about Cerrado please visit our website at: www.cerradogold.com.
Mark Brennan
CEO and Chairman
Mike McAllister
Vice President, Investor Relations
Tel: +1-647-805-5662
mmcallister@cerradogold.com
Disclaimer
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This press release contains statements that constitute "forward-looking information" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
Forward-looking statements contained in this press release include, without limitation, statements regarding the business and operations of Cerrado. In making the forward- looking statements contained in this press release, Cerrado has made certain assumptions. Although Cerrado believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release. Except as required by law, Cerrado disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
SOURCE: Cerrado Gold Inc.
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FAQ
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