Dakota Territory Resource Corp Announces Appointment of Shawn Campbell as CFO

Rhea-AI Summary

Dakota Territory Resource Corp (OTCQB: DTRC) announced the appointment of Shawn Campbell as Chief Financial Officer, succeeding Chris Mathers. With over 15 years of financial management experience, Campbell previously served as CFO of GT Gold Corp and held significant roles at Goldcorp. CEO Jonathan Awde emphasized Campbell's expertise in mining operations and its potential benefits for Dakota Territory's exploration efforts in South Dakota's historic Homestake gold district. The company aims to enhance shareholder value through responsible exploration of its extensive gold properties.

Positive

• Appointment of Shawn Campbell as CFO brings extensive experience from Goldcorp and GT Gold.
• Campbell's background in mining operations may strengthen exploration efforts in South Dakota.

Negative

• Transition in leadership may create temporary disruptions or continuity concerns.

Lead, South Dakota, June 01, 2021 (GLOBE NEWSWIRE) -- Dakota Territory Resource Corp (OTCQB: DTRC) ("Dakota Territory" or the "Company") is pleased to announce that Shawn Campbell has been appointed as Chief Financial Officer of the Company, replacing Chris Mathers in that role.

“I am extremely pleased to welcome Shawn to our team at Dakota Territory”, said Jonathan Awde, the Company’s CEO. “Shawn’s prior experiences with Goldcorp and GT Gold, as well as his familiarity with mining operations in South Dakota, will be invaluable as we explore and seek to identify gold resources on our extensive property package in the historic Homestake gold district of South Dakota.”

Mr. Campbell has over 15 years of progressively senior experience in project and operations financial management obtained via professional practice, capital markets and industry experience. Mr. Campbell most recently served as the Chief Financial Officer of GT Gold Corp. and before that with Goldcorp Inc in various roles, including the Head of Investor Relations and the Head of Finance for Canada and US. He holds a Bachelor of Commerce Degree (Distinction) from the University of Victoria, and a Diploma in Accounting (DAP) from the University of British Columbia. He is a Chartered Professional Accountant (CPA, CA) and a CFA Charter Holder.

The Company would like to thank Mr. Mathers for his years of service and professionalism as Chief Financial Officer.

About Dakota Territory Resource Corp
Dakota Territory Resource Corp is a Nevada Corporation with offices located at Lead, South Dakota. Dakota Territory is committed to creating shareholder value through the acquisition and responsible exploration and development of high caliber gold properties in the Black Hills of South Dakota.

Dakota Territory maintains 100% ownership of eight gold properties covering approximately 18,182 mineral acres in the heart of the Northern Black Hills of South Dakota, including the Blind Gold, City Creek, West Corridor, Homestake Paleoplacer, Ragged Top, Tinton, Maitland and Poorman Anticline Properties. Dakota Territory is uniquely positioned to leverage Management’s extensive exploration and mining experience in the District with Homestake Mining Company. For more information on Dakota Territory, please visit the Company's website at http://DakotaTRC.com/.

Investor & Public Relations
Investor Relations Contact: For more information, please contact Jonathan Awde at 604-761-5251.

Public Relations Contact: For more information, please contact Elizabeth Sailer at 605-580-0480.

Cautionary Note to U.S. Investors
The United States Securities and Exchange Commission ("SEC") limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. Our property currently does not contain any known proven or probable ore reserves under SEC reporting standards. Our reference above to the various formations and mineralization believed to exist in our property as compared to historical results and estimates from other property in the district is illustrative only for comparative purposes and is no indication that similar results will be obtained with respect to our property. U.S. investors are urged to consider closely the disclosure in our latest reports filed with the SEC. You can review and obtain copies of these filings at http://www.sec.gov/edgar.shtml.

FAQ

Who has been appointed as the new CFO of Dakota Territory Resource Corp?

Shawn Campbell has been appointed as the new CFO, replacing Chris Mathers.

What experience does Shawn Campbell bring to Dakota Territory Resource Corp?

Shawn Campbell has over 15 years of financial management experience, including roles at Goldcorp and GT Gold.

What is the focus of Dakota Territory Resource Corp after the management change?

The company aims to enhance shareholder value through the exploration of gold properties in South Dakota.

Why did Dakota Territory Resource Corp change its CFO?

Shawn Campbell was appointed to bring fresh expertise and leadership to the financial management of the company.