Golden Lake Announces the Appointment of Mr. Jay Sujir to Its Board of Directors

Rhea-AI Summary

Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) announces the appointment of Jay Sujir to its Board of Directors. With over 30 years of experience as a mining and securities lawyer, Sujir is poised to enhance the company's strategic direction. CEO Mike England expressed optimism about Sujir's contributions to Golden Lake's growth. The company also reports the resignation of Twila Jensen from the Board, thanking her for her service. Golden Lake continues to focus on its Jewel Ridge property, located in Nevada’s gold-rich Battle Mountain - Eureka trend.

Positive

• Jay Sujir's appointment brings extensive experience in mining and securities law.
• Sujir's network and expertise are expected to support Golden Lake's business growth.

Negative

• The resignation of Twila Jensen may raise concerns about continuity on the Board.

VANCOUVER, BC / ACCESSWIRE / March 15, 2021 / Golden Lake Exploration Inc. (CSE:GLM)(OTCQB:GOLXF) ("GLM" or the "Company") is pleased to announce the appointment of Mr. Jay Sujir to its Board of Directors. Jay has been a mining and securities lawyer in Vancouver for over 30 years. He is currently a partner at the firm Farris LLP and is a director of several publicly traded natural resource companies.

"We are very pleased to appoint Mr. Sujir to the Board of Golden Lake. Jay brings a wealth of experience and contacts in the industry to the table which will be invaluable as Golden Lake grows its business," stated CEO Mike England.

The Company further announces the resignation of Twila Jensen from the Board. The Company thank Ms. Jensen for her time spent on the Board and wishes her all the best in her future endeavors.

About the Jewel Ridge Property

The Jewel Ridge property is located on the south end of Nevada's prolific Battle Mountain - Eureka trend, along strike and contiguous to Barrick Gold's Archimedes/Ruby Hill gold mine to the north and Timberline Resources' advanced-stage Lookout Mountain project to the south.

About Golden Lake Exploration Inc.

Golden Lake Exploration is a junior public mining exploration company engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to acquire, explore and develop economic precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property.

ON BEHALF OF THE BOARD

"Mike England"
_________________________________
Mike England, CEO & DIRECTOR

FOR FURTHER INFORMATION PLEASE CONTACT:

Telephone: 1-604-683-3995
TollFree:1-888-945-4770

Neither the Canadian Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at WWW.SEDAR.COM).

SOURCE: Golden Lake Exploration Inc.

View source version on accesswire.com:
https://www.accesswire.com/635515/Golden-Lake-Announces-the-Appointment-of-Mr-Jay-Sujir-to-Its-Board-of-Directors

FAQ

What is the significance of Jay Sujir's appointment to Golden Lake Exploration's board?

Jay Sujir's appointment is significant as he brings over 30 years of mining and securities law experience, which may strengthen Golden Lake's strategic direction and business operations.

Why did Twila Jensen resign from Golden Lake Exploration's board?

The press release does not specify the reasons for Twila Jensen's resignation, but the company thanked her for her contributions during her tenure.

How might Jay Sujir's role impact GOLXF's performance?

Jay Sujir's extensive industry experience and connections could positively influence GOLXF's business growth and exploration initiatives, potentially enhancing investor confidence.

What is the Jewel Ridge property associated with Golden Lake Exploration?

The Jewel Ridge property is located in Nevada’s Battle Mountain - Eureka trend, and is adjacent to prominent gold mining operations, making it a strategic asset for Golden Lake Exploration.