STOCK TITAN

Maple Gold Strengthens Board and Management Team with Addition of Seasoned Mining Executives

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

Maple Gold Mines (TSXV: MGM) (OTCQB: MGMLF) has strengthened its leadership team with two key appointments. Darwin Green, P.Geo. joins the Board of Directors, bringing over 30 years of mining industry experience. Ian Cunningham-Dunlop, P.Eng. becomes Vice President of Technical Services, contributing 40+ years of expertise in mineral exploration and project development.

These appointments aim to enhance the company's technical, capital markets, and corporate governance capabilities as it expands its Canadian gold exploration and development projects. The Board has also approved the grant of 1,075,000 stock options to employees, officers, directors, and consultants, with an exercise price of $0.085 per common share and a five-year term.

Maple Gold Mines (TSXV: MGM) (OTCQB: MGMLF) ha rafforzato il suo team dirigenziale con due nomine chiave. Darwin Green, P.Geo. entra nel Consiglio di Amministrazione, portando con sé oltre 30 anni di esperienza nel settore minerario. Ian Cunningham-Dunlop, P.Eng. diventa Vicepresidente dei Servizi Tecnici, contribuendo con oltre 40 anni di esperienza nell'esplorazione mineraria e nello sviluppo di progetti.

Queste nomine mirano a migliorare le capacità tecniche, di mercato dei capitali e di governance aziendale mentre l'azienda espande i propri progetti di esplorazione e sviluppo di oro in Canada. Inoltre, il Consiglio ha approvato la concessione di 1.075.000 opzioni su azioni a dipendenti, funzionari, direttori e consulenti, con un prezzo di esercizio di $0.085 per azione ordinaria e un termine di cinque anni.

Maple Gold Mines (TSXV: MGM) (OTCQB: MGMLF) ha fortalecido su equipo de liderazgo con dos nombramientos clave. Darwin Green, P.Geo. se une a la Junta Directiva, aportando más de 30 años de experiencia en la industria minera. Ian Cunningham-Dunlop, P.Eng. se convierte en Vicepresidente de Servicios Técnicos, contribuyendo con más de 40 años de experiencia en exploración mineral y desarrollo de proyectos.

Estos nombramientos tienen como objetivo mejorar las capacidades técnicas, de mercados de capital y de gobernanza corporativa a medida que la empresa expande sus proyectos de exploración y desarrollo de oro en Canadá. La Junta también ha aprobado la concesión de 1.075.000 opciones sobre acciones a empleados, funcionarios, directores y consultores, con un precio de ejercicio de $0.085 por acción ordinaria y un período de cinco años.

메이플 골드 마인즈 (TSXV: MGM) (OTCQB: MGMLF)는 리더십 팀을 강화했습니다 두 가지 주요 임명과 함께. 다윈 그린, P.Geo.가 이사회에 합류하여 30년 이상의 광산 산업 경험을 제공합니다. 이안 커닝햄-던롭, P.Eng.이 기술 서비스 부사장이 되어 광물 탐사 및 프로젝트 개발에 40년 이상의 전문성을 기여합니다.

이 임명들은 회사가 캐나다 금 탐사 및 개발 프로젝트를 확장함에 따라 기술, 자본 시장 및 기업 거버넌스 능력을 향상시키기 위한 것입니다. 이사회는 또한 1,075,000개의 주식 옵션을 직원, 임원, 이사 및 컨설턴트에게 부여하는 것을 승인했으며, 일반 주식 당 행사가격은 $0.085이며, 기간은 5년입니다.

Maple Gold Mines (TSXV: MGM) (OTCQB: MGMLF) a renforcé son équipe de direction avec deux nominations clés. Darwin Green, P.Geo. rejoint le Conseil d'Administration, apportant plus de 30 ans d'expérience dans l'industrie minière. Ian Cunningham-Dunlop, P.Eng. devient Vice-Président des Services Techniques, contribuant avec plus de 40 ans d'expertise en exploration minérale et développement de projets.

Ces nominations visent à renforcer les capacités techniques, les marchés de capitaux et la gouvernance d'entreprise de l'entreprise alors qu'elle développe ses projets d'exploration et de développement de l'or au Canada. Le Conseil a également approuvé l'octroi de 1.075.000 options d'achat d'actions à des employés, dirigeants, administrateurs et consultants, avec un prix d'exercice de 0,085 $ par action ordinaire et une durée de cinq ans.

Maple Gold Mines (TSXV: MGM) (OTCQB: MGMLF) hat sein Führungsteam gestärkt mit zwei wichtigen Ernennungen. Darwin Green, P.Geo. tritt dem Vorstand bei und bringt über 30 Jahre Erfahrung in der Bergbauindustrie mit. Ian Cunningham-Dunlop, P.Eng. wird Vizepräsident der Technischen Dienste und bringt mehr als 40 Jahre Erfahrung in der Mineralexploration und Projektentwicklung ein.

Diese Ernennungen zielen darauf ab, die technischen, kapitalmarktrelevanten und corporate Governance Fähigkeiten des Unternehmens zu verbessern, während es seine Projekte zur Exploration und Entwicklung von Gold in Kanada ausweitet. Der Vorstand hat außerdem die Gewährung von 1.075.000 Aktienoptionen an Mitarbeiter, Führungskräfte, Direktoren und Berater mit einem Ausübungspreis von $0.085 pro Stammaktie und einer Laufzeit von fünf Jahren genehmigt.

Positive
  • Addition of experienced mining executives to strengthen leadership
  • Enhanced technical and corporate governance expertise
  • Potential for resource expansion and discovery in Quebec gold projects
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - July 23, 2024) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) ("Maple Gold" or the "Company") is pleased to announce the appointments of Mr. Darwin Green, P.Geo. to its Board of Directors, effective immediately, and Mr. Ian Cunningham-Dunlop, P.Eng. to the position of Vice President, Technical Services, effective on or before August 1, 2024. Mr. Green is a veteran mining entrepreneur and professional geologist with a passion for discovery and value creation. Mr. Cunningham-Dunlop is a senior mining executive and professional engineer with over 40 years of diversified experience in domestic/international mineral exploration and advanced project development.

"We are thrilled to have attracted executives of Mr. Green's and Mr. Cunningham-Dunlop's caliber to help drive the Company's next phase of growth," stated Kiran Patankar, President and CEO of Maple Gold. "These key appointments further enhance the technical, capital markets and corporate governance expertise of our senior leadership team as we continue to transform into a premier Canadian gold exploration and development company. Their endorsement of Maple Gold speaks to the resource expansion, discovery and development potential of our district-scale gold projects in Québec."

Darwin Green, P.Geo. - Director

Darwin Green, P.Geo. has over 30 years of experience in the minerals mining industry and brings significant industry, corporate and technical knowledge to the Company. He currently serves on the boards of NYSE-listed Contango ORE, Inc., TSX Venture Exchange-listed Onyx Gold Corp. and Evergold Corp., and as a Technical Advisor to other junior mining companies. Mr. Green previously served as Founder, Director, President and Chief Executive Officer of HighGold Mining Inc. from August 2019 until its recent acquisition by Contango ORE in July 2024 and has served as Founder and Executive Chairman of Onyx Gold since July 2023. Between November 2008 and December 2019, he served as the Vice President Exploration for Constantine Metal Resources Ltd. and prior to that, Mr. Green oversaw exploration and underground development programs at the Niblack (Cu-Au-Zn-Ag) deposit in Alaska, for which he received the Commissioner's Award for Project Excellence by the State of Alaska. Mr. Green holds a B.Sc. from the University of British Columbia and an M.Sc. in Economic Geology from Carleton University.

Ian Cunningham Dunlop, P.Eng. - Vice President, Technical Services

Ian Cunningham-Dunlop, P.Eng. has a proven discovery track record and an excellent familiarity with Archean lode gold systems from work throughout Ontario, Québec, and West Africa. He currently serves as Executive Vice President with Onyx Gold and his extensive exploration and project management experience also includes HighGold Mining's Johnson Tract (Au-Zn-Cu-Ag-Pb) project in Alaska, NewCastle Gold's Castle Mountain gold project in California, True Gold Mining's Karma gold mine in Burkina Faso, Fronteer Gold's Long Canyon gold mine in Nevada and Agi Dagi/Kirazli/Halilaga/TV Tower gold and gold-copper projects in Turkey, and Aurora Energy's Michelin uranium deposit in Labrador. Mr. Cunningham-Dunlop also led the exploration team at Homestake Mining's/Barrick Gold's Eskay Creek (Au-Ag-Cu-Pb-Zn) mine in British Columbia from 1997-2003 where he was awarded the B.C. & Yukon Chamber of Mines E.A. Scholz Award in October 2003 for "Outstanding Contribution to a Mining Development Project in B.C. and the Yukon". He holds a B.Sc. in Geological Engineering from Queen's University and is a Qualified Person under NI43-101.

Stock Option Issuance

The Company's Board of Directors has approved the grant of stock options ("Options") to purchase an aggregate of 1,075,000 common shares of the Company (each, a "Common Share"), with an exercise price of $0.085 per Common Share to certain employees, officers, directors and consultants. Once vested, each Option is exercisable into one Common Share for a period of five years from the grant date. The Company's Equity Incentive Plan (the "Plan") governs these Options, as well as the terms and conditions of their exercise, which is in accordance with policies of the TSX Venture Exchange. Further details regarding the Plan are set out in the Company's Management Information Circular filed on May 15, 2023, which is available on SEDAR+.

About Maple Gold

Maple Gold Mines Ltd. is a Canadian advanced exploration company focused on advancing the district-scale Douay and Joutel gold projects located in Québec's prolific Abitibi Greenstone Gold Belt. The projects benefit from exceptional infrastructure access and boast ~400 km2 of highly prospective ground including an established gold mineral resource at Douay with significant expansion potential as well as the past-producing Telbel and Eagle West mines at Joutel. In addition, the Company holds an exclusive option to acquire 100% of the Eagle Mine Property, a key part of the historical Joutel mining complex.

The district-scale property package also hosts a significant number of regional exploration targets along a 55-km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling, making the project ripe for new gold and polymetallic discoveries. The Company is currently focused on carrying out exploration and drill programs to grow mineral resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi. For more information, please visit www.maplegoldmines.com.

ON BEHALF OF MAPLE GOLD MINES LTD.

"Kiran Patankar"

Kiran Patankar, President & CEO

For Further Information Please Contact:

Mr. Kiran Patankar
President & CEO
Tel: 604.639.2536
Email: kpatankar@maplegoldmines.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

Forward Looking Statements and Cautionary Notes:

This news release contains "forward-looking information" and "forward-looking statements" (collectively referred to as "forward-looking statements") within the meaning of applicable Canadian securities legislation in Canada. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective,", "strategy", "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. Forward-looking statements in this news release include, but are not limited to, statements about the resource expansion and discovery potential across the Company's gold projects, and its intention to pursue such potential, and the Company's exploration work and results from current and future work programs. Although the Company believes that forward-looking statements in this news release are reasonable, it can give no assurance that such expectations will prove to be correct, as forward-looking statements are based on assumptions, uncertainties and management's best estimate of future events on the date the statements are made and involve a number of risks and uncertainties. Consequently, actual events or results could differ materially from the Company's expectations and projections, and readers are cautioned not to place undue reliance on forward-looking statements. For a more detailed discussion of additional risks and other factors that could cause actual results to differ materially from those expressed or implied by forward-looking statements in this news release, please refer to the Company's filings with Canadian securities regulators available on the System for Electronic Document Analysis and Retrieval Plus (SEDAR+) at www.sedarplus.ca or the Company's website at www.maplegoldmines.com. Except to the extent required by applicable securities laws and/or the policies of the TSX Venture Exchange, the Company undertakes no obligation to, and expressly disclaims any intention to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/217395

FAQ

Who are the new executives joining Maple Gold Mines (MGMLF)?

Darwin Green, P.Geo. is joining the Board of Directors, and Ian Cunningham-Dunlop, P.Eng. is becoming Vice President of Technical Services at Maple Gold Mines (MGMLF).

What experience do the new Maple Gold Mines (MGMLF) executives bring?

Darwin Green brings over 30 years of mining industry experience, while Ian Cunningham-Dunlop contributes more than 40 years of expertise in mineral exploration and project development.

How many stock options did Maple Gold Mines (MGMLF) grant on July 23, 2024?

Maple Gold Mines (MGMLF) granted 1,075,000 stock options to employees, officers, directors, and consultants on July 23, 2024, with an exercise price of $0.085 per common share.

What is the exercise price and term for the new Maple Gold Mines (MGMLF) stock options?

The new Maple Gold Mines (MGMLF) stock options have an exercise price of $0.085 per common share and a five-year term from the grant date.

MAPLE GOLD MINES LTD

OTC:MGMLF

MGMLF Rankings

MGMLF Latest News

MGMLF Stock Data

22.57M
295.59M
21.11%
11.93%
Gold
Basic Materials
Link
United States of America
Vancouver