Golcap Appoints New Director

Rhea-AI Summary

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.

Positive

• Appointment of Monty Sutton strengthens board experience.
• Sutton's expertise includes raising over $100 million for junior mining companies.
• Experience in investment and corporate development is beneficial.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / September 29, 2021 / Golcap Resources Corp. (CSE:GCP)(OTC PINK:GCRCF) (the "Company" or "Golcap") is pleased to announce the appointment of Monty Sutton as a director of the Company. The addition of Mr. Sutton strengthens the experience of the board of directors.

Monty Sutton - Director

While working towards a CGA designation in the early 1990, Mr. Sutton was a Senior Management Accountant with MacMillan Bloedel preparing budgets, analyzing costs, and assisting in the design and implementation of new accounting systems. Mr. Sutton has also worked in accounting for private companies in various consulting and advisory roles.

Monty Sutton's first experience in the investment industry was a brief stint on the Vancouver Stock Exchange trading floor in 1987. Mr. Sutton has worked for most of his career as an investment advisor, trader, and insurance specialist with PI Financial Corp. in Vancouver. During that time, he participated in raising over $100 million for junior mining companies and managed over 1,500 client accounts. On the public market side of the exploration business, while Mr. Sutton was the Corporate Development Manager with eCobalt Solutions they raised over $30 million for the development of their Idaho Cobalt Project.

On behalf of the Board of Directors

Gordon Lam
Director and Chief Executive Officer

Email: info@golcapresources.com
Telephone: (604) 675-2011
Website: www.golcapresources.com

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Forward-looking statements in this news release include, but are not limited to, the Company's proposed use of the proceeds of its offering. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, the Company 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.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Golcap Resources Corp.

View source version on accesswire.com:
https://www.accesswire.com/666202/Golcap-Appoints-New-Director

FAQ

Who is Monty Sutton, and what experience does he bring to Golcap Resources Corp.?

Monty Sutton is the newly appointed director of Golcap Resources Corp. He has extensive experience in investment advising and corporate development, having raised significant funds for mining projects.

What impact could Monty Sutton's appointment have on Golcap Resources Corp.?

Sutton's appointment may enhance strategic decision-making and provide valuable insights, potentially driving growth in the company's mining ventures.

What are some key achievements of Monty Sutton in his career?

Sutton has raised over $100 million for junior mining companies and helped secure $30 million for the Idaho Cobalt Project during his tenure with eCobalt Solutions.

What is the significance of board appointments in mining companies like Golcap Resources Corp.?

Board appointments can influence leadership direction, strategic decisions, and overall company performance, which are critical in the competitive mining industry.