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Golcap Resources Corp. has appointed Justin Corinella as Interim CEO, succeeding Gordon Lam, who resigned as President, CEO, and Director. Corinella brings extensive experience in public markets and corporate financing, particularly in early-stage venture companies. He previously raised $28M CAD for Squire Mining Ltd. and has a background in technology, holding five patents. The company acknowledges Lam's contributions while transitioning leadership to Corinella, focusing on growth and scalability.
Golcap Resources Corp. has announced the appointment of Monty Sutton as a new director, enhancing the board's expertise. Sutton brings extensive experience as an investment advisor, having raised over $100 million for junior mining companies. Previously, he worked as a Senior Management Accountant and contributed to raising $30 million for the Idaho Cobalt Project while with eCobalt Solutions. His background in accounting and investment positions Golcap for potential growth in the competitive mining sector.
Golcap Resources Corp. (CSE:GCP)(OTC PINK:GCRCF) has announced the appointment of Justin Corinella and Rod Husband as new directors, succeeding Alan Tam and Stephen Diakow. Alan Tam will retain his role as Chief Financial Officer. Corinella brings extensive experience in corporate financing and venture capital, having raised $28M CAD for Squire Mining Ltd. Husband, an economic geologist with over 30 years in the resource sector, has a solid background in project evaluation and development. Golcap has also conducted exploration work at its Redcap and SBGB properties.
On July 28, 2021, Golcap Resources Corp. (CSE:GCP, OTC PINK:GCRCF) announced the completion of a non-brokered private placement, raising $600,000 by issuing 10,000,000 units at $0.06 each. Each unit consists of one common share and one warrant, exercisable at $0.075 for five years. Following this, Crest Resources Inc. acquired 6,300,000 units, giving it a 22.58% stake in Golcap. The funds will be used for exploration and working capital. All securities are subject to a four-month hold under Canadian regulations.
Golcap Resources Corp. (GCRCF) has entered an option agreement for the Otter Lake claims, expanding its land package in the Spences Bridges Gold Belt to 3938 hectares. This acquisition is strategically located near significant gold, silver, and copper discoveries. The agreement allows Golcap to acquire a 100% interest in the claims by issuing a total of 2.5 million shares and committing to $175,000 in exploration expenses over three years. The CEO expresses optimism about further acquisitions and the upcoming exploration season.
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