STOCK TITAN

Goldshore Adds Key Personnel to Support Project Advancement and Corporate Objectives

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

Goldshore Resources announces key personnel changes to strengthen its technical and financial capabilities. David Stone, a mining engineer with 40+ years of experience, joins the Board of Directors, replacing Brandon Macdonald. Sam Gibson, a finance professional with over a decade of experience in resource-focused institutional sales, is appointed as Vice President of Corporate Development. The company also granted 6,950,000 stock options at $0.38 per share and 2,637,500 restricted share units to directors, officers, employees, and consultants.

Goldshore Resources annuncia cambiamenti significativi nel personale per rafforzare le proprie capacità tecniche e finanziarie. David Stone, ingegnere minerario con oltre 40 anni di esperienza, entra a far parte del Consiglio di Amministrazione, sostituendo Brandon Macdonald. Sam Gibson, professionista della finanza con oltre un decennio di esperienza nelle vendite istituzionali focalizzate sulle risorse, è nominato Vicepresidente dello Sviluppo Aziendale. L'azienda ha anche concesso 6.950.000 opzioni azionarie a $0,38 per azione e 2.637.500 unità di azioni restrittive a direttori, funzionari, dipendenti e consulenti.

Goldshore Resources anuncia cambios clave en el personal para fortalecer sus capacidades técnicas y financieras. David Stone, ingeniero de minas con más de 40 años de experiencia, se une a la Junta Directiva, reemplazando a Brandon Macdonald. Sam Gibson, profesional de finanzas con más de una década de experiencia en ventas institucionales centradas en recursos, es nombrado Vicepresidente de Desarrollo Corporativo. La empresa también otorgó 6,950,000 opciones sobre acciones a $0.38 por acción y 2,637,500 unidades de acciones restringidas a directores, funcionarios, empleados y consultores.

Goldshore Resources는 기술 및 재무 역량 강화를 위한 주요 인사 변화를 발표했습니다. David Stone은 40년 이상의 경험을 가진 광산 엔지니어로, Brandon Macdonald을 대체하여 이사회에 합류합니다. Sam Gibson은 자원 중심의 기관 판매에서 10년 이상의 경험을 가진 재무 전문가로, 기업 개발의 부사장으로 임명되었습니다. 회사는 또한 이사, 임원, 직원 및 컨설턴트에게 주당 $0.38에 6,950,000 주식 매수 선택권과 2,637,500 제한 주식 유닛을 부여했습니다.

Goldshore Resources annonce des changements clés dans son personnel pour renforcer ses capacités techniques et financières. David Stone, ingénieur minier avec plus de 40 ans d'expérience, rejoint le Conseil d'Administration, remplaçant Brandon Macdonald. Sam Gibson, un professionnel de la finance avec plus d'une décennie d'expérience dans les ventes institutionnelles axées sur les ressources, est nommé Vice-Président du Développement Corporatif. L'entreprise a également accordé 6 950 000 options d'achat d'actions au prix de 0,38 $ par action ainsi que 2 637 500 unités d'actions restreintes aux directeurs, aux dirigeants, aux employés et aux consultants.

Goldshore Resources kündigt wichtige Personalveränderungen an, um seine technischen und finanziellen Fähigkeiten zu stärken. David Stone, ein Bergbauingenieur mit über 40 Jahren Erfahrung, tritt dem Vorstand bei und ersetzt Brandon Macdonald. Sam Gibson, ein Finanzexperte mit mehr als einem Jahrzehnt Erfahrung im institutionellen Verkauf im Ressourcenbereich, wird zum Vizepräsidenten für Unternehmensentwicklung ernannt. Das Unternehmen hat außerdem 6.950.000 Aktienoptionen zu einem Preis von 0,38 $ pro Aktie und 2.637.500 beschränkte Aktieneinheiten an Direktoren, leitende Angestellte, Mitarbeiter und Berater vergeben.

Positive
  • Appointment of experienced mining engineer David Stone to Board of Directors strengthens technical expertise
  • Addition of Sam Gibson as VP of Corporate Development enhances corporate development and capital markets capabilities
Negative
  • Significant equity-based compensation (6.95M options and 2.64M RSUs) may lead to future shareholder dilution

Vancouver, British Columbia--(Newsfile Corp. - December 2, 2024) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) ("Goldshore" or the "Company" or the "Corporation") announces the appointment of David Stone to its Board of Directors (the "Board"), enhancing the Company's technical capabilities with his comprehensive mining engineering background. In parallel, the Company announces the retirement of Brandon Macdonald from the Board and would like to thank him for his service and wish him well in his future endeavors. The Company further announces the appointment of Sam Gibson as the Vice President of Corporate Development, adding significant depth and expertise to the Company's corporate development and capital markets capabilities.

"I am pleased to welcome both David Stone to our Board of Directors and Sam Gibson as our new VP of Corporate Development as we strengthen the technical and financial capabilities within the Company", said Michael Henrichsen, Goldshore CEO. "David's mining engineering skill set is a key addition to our Board and his guidance will be invaluable as we advance the Moss Deposit. Meanwhile, Sam's experience in mining finance will be key in supporting our corporate objectives to advance the Moss Deposit at a rapid pace within the current gold market. Together, they bring a broadened skill set to the Company to drive project advancement and value creation for our shareholders."

Dr. David Stone, MBA, P.E. is a mining engineer whose career spans some 40+ years of engineering and financial consulting to underground and surface mining projects worldwide. He has managed multi‐disciplinary project teams through pre‐feasibility and feasibility level evaluations of development stage projects, and has contributed to the engineering, design and construction of several mines. Dr. Stone has held senior operating and board positions for several TSX Venture Exchange companies and acted as a senior technical advisor to Hunter Dickinson Inc. where his responsibilities included technical audits and evaluation of projects for acquisition, technical and financial due diligence, capital planning, and management of outside consultants and advisors. Dr. Stone's work experience includes scoping studies on the Lihir Mine in Papua New Guinea, one of the largest open pit gold mines in the world and the Mesquite Mine in California, one of the largest gold mines in the United States.

Sam Gibson is a finance professional with over a decade of experience in resource-focused institutional sales, investment banking and asset management. He most recently held the position of Director and Head of Mining Sales at National Bank Financial, where he was global lead on specialist mining coverage and instrumental in growing the firm's mining franchise into international markets. Mr. Gibson holds a Bachelor of Commerce degree from Dalhousie University.

Equity Grant

Goldshore's Board granted 6,950,000 incentive stock options ("Options") and 2,637,500 restricted share units ("RSU") to certain directors, officers, employees and consultants of the Company pursuant to the Company's omnibus incentive plan. The Options are exercisable at $0.38 per share for a period of five (5) years and vest as follows: 1/3 on May 28, 2025, 1/3 on May 28, 2026 and 1/3 on May 28, 2027. The RSU's vest on November 28, 2025.

About Goldshore

Goldshore is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. It is led by the ex-global head of structural geology for the world's largest gold company and backed by one of Canada's pre-eminent private equity firms. The Company's current focus is the advanced stage 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The Company has invested over $60 million of new capital and completed approximately 80,000 meters of drilling on the Moss Gold Project, which, in aggregate, has had over 235,000 meters of drilling. The 2024 updated NI 43-101 mineral resource estimate ("MRE") has expanded to 1.54 million ounces of Indicated gold resources at 1.23 g/t Au and 5.20 million ounces of Inferred gold resources at 1.11 g/t Au. The MRE only encompasses 3.6 kilometers of the 35+ kilometer mineralized trend, remains open at depth and along strike and is one of the few remaining major Canadian gold deposits positioned for fast track through this development cycle. For more information, please visit SEDAR+ (www.sedarplus.ca) and the Company's website (www.goldshoreresources.com).

For More Information - Please Contact:

Michael Henrichsen
President, Chief Executive Officer and Director
Goldshore Resources Inc.

E: mhenrichsen@goldshoreresources.com
W: www.goldshoreresources.com

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

Cautionary Note Regarding Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this news release include, among others, statements relating to expectations regarding the exploration and development of the Moss Gold Project and other statements that are not historical facts.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: exploration and development of the Moss Gold Project will not be undertaken as anticipated; the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; and the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance. The forward-looking information in this news release is based on management's reasonable expectations and assumptions as of the date of this news release, including that the Company's business and financial position and general economic conditions will not be adversely affected.

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/232120

FAQ

What new appointments did Goldshore Resources (GSHRF) announce in December 2024?

Goldshore Resources announced the appointment of David Stone to its Board of Directors and Sam Gibson as Vice President of Corporate Development.

What is the exercise price and vesting schedule for Goldshore's (GSHRF) new stock options?

The stock options are exercisable at $0.38 per share for five years, vesting in three equal portions on May 28, 2025, 2026, and 2027.

How many stock options and RSUs did Goldshore Resources (GSHRF) grant in December 2024?

Goldshore Resources granted 6,950,000 stock options and 2,637,500 restricted share units to directors, officers, employees, and consultants.

GOLDSHORE RESOURCES INC

OTC:GSHRF

GSHRF Rankings

GSHRF Latest News

GSHRF Stock Data

65.28M
191.09M
30.89%
5.6%
Gold
Basic Materials
Link
United States of America
Vancouver