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Golden Arrow Announces Director Resignation

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Golden Arrow Resources Corporation (TSXV: GRG, FSE: G6A, OTCQB: GARWF) announced the resignation of Louis Salley as a director due to personal health issues. Joseph Grosso, Chairman and CEO, expressed gratitude for Salley's dedication and contributions. The company, focused on mining exploration, has a significant portfolio including a gold project in Argentina and a base-metal project in Chile. Golden Arrow is positioned to leverage the rising price of gold, having previously converted its Chinchillas silver discovery into a substantial holding in SSR Mining.

Positive
  • Strong leadership transition with Joseph Grosso's experience as Chairman and CEO.
  • Well-positioned to leverage the rising price of gold due to its asset holdings.
Negative
  • Resignation of a director may raise concerns about continuity in governance.
  • Potential experience gap in the board following Salley's departure.

TSX Venture Exchange (TSX-V): GRG
Frankfurt Stock Exchange (FSE): G6A
OTCQB Venture Market (OTCQB): GARWF

VANCOUVER, BC, April 12, 2022 /PRNewswire/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company") announces the resignation of Louis Salley as a director of the Company for personal health reasons.

"Lou Salley has served as a board member for our Company with great insight, advice and exceptional dedication. On behalf of the board, we wish Lou well," commented Joseph Grosso, Chairman, President & CEO for Golden Arrow.

About Golden Arrow:

Golden Arrow Resources Corporation is a mining exploration company with a successful track record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits. The Company is well leveraged to the price of gold, having monetized its Chinchillas silver discovery into a significant holding in precious metals producer SSR Mining Inc.

Golden Arrow is actively exploring a portfolio that includes an epithermal gold project in Argentina, a district‑scale frontier gold opportunity in Paraguay, a base-metal project in the heart of a leading mining district in Chile and more than 180,000 hectares of properties in Argentina.

The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Joseph Grosso"

_______________________________

Mr. Joseph Grosso,
Executive Chairman, President and CEO

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/golden-arrow-announces-director-resignation-301523558.html

SOURCE Golden Arrow Resources Corporation

FAQ

What led to Louis Salley's resignation from Golden Arrow Resources?

Louis Salley resigned due to personal health reasons.

How might the resignation of Louis Salley affect Golden Arrow Resources?

The resignation may raise concerns about continuity and result in an experience gap on the board.

What is the stock symbol for Golden Arrow Resources?

The stock symbol for Golden Arrow Resources is GARWF on the OTCQB.

What are Golden Arrow Resources' major projects?

Golden Arrow is exploring projects in Argentina, Paraguay, and Chile, including gold and base-metal projects.

Who commented on Salley's resignation at Golden Arrow Resources?

Joseph Grosso, Chairman and CEO, commented on the contributions of Louis Salley.

Golden Arrow Res Corp

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