Mawson Announces Appointment of John Jentz as Independent Director
Mawson Gold Limited has appointed John Jentz as an Independent Director, enhancing its Board with over 20 years of mining and finance experience. Jentz has previously held key positions in acquisition deals worth ~C$1B and brings expertise in corporate strategy and finance. He holds an HBSc and MBA and is a Chartered Accountant. His appointment includes incentive stock options for 600,000 shares at $0.15 each. CEO Ivan Fairhall expressed confidence in Jentz's ability to drive shareholder value, especially with projects like the 1.04 Moz AuEq Rajapalot project in Finland.
- Appointment of John Jentz adds significant mining and financial expertise to the Board.
- Jentz's background includes successful acquisition experience, likely beneficial for company strategy.
- Stock options for 600,000 shares may align Jentz's interests with shareholders, promoting value creation.
- Potential concerns about continuity during the transition to new Board leadership.
VANCOUVER, BC / ACCESSWIRE / September 8, 2022 / Mawson Gold Limited ("Mawson") or (the "Company") (TSX:MAW)(Frankfurt:MXR)(OTC PINK:MWSNF) is pleased to announce the appointment of Mr. John Jentz to the Board of Directors (the "Board") of Mawson, as Independent Director.
Mr. Jentz is a seasoned mining professional and company director. During his 20+ year career in mining, Mr. Jentz has held roles across investment banking and mining corporates - most notably in recent positions of VP Corporate Development of Semafo Gold and Director of North American Palladium, each of which were acquired for ~C
Pursuant to the Company's Stock Option Plan and, in connection with Mr. Jentz' appointment to the Board, Mr. Jentz has been granted incentive stock options to purchase 600,000 common shares of the Company, exercisable at a price of
Mr. Fairhall, CEO, states "I am very pleased to welcome John to the Board. John brings decades of financial and mining experience overseeing real value creation and realization. These skills are complementary to Mawson's strategy as it looks to build shareholder value from its unique asset portfolio which includes the 1.04 Moz AuEq Rajapalot project in Finland (PEA in-progress), Skellefteå North Gold project in Sweden and its
About Mawson Gold Limited (TSX:MAW, FRANKFURT:MXR, OTCPINK:MWSNF)
Mawson Gold Limited is an exploration and development company. Mawson has distinguished itself as a leading Nordic Arctic exploration company with its
On behalf of the Board, "Ivan Fairhall" | Further Information www.mawsongold.com |
Forward-Looking Statement
This news release contains forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All statements herein, other than statements of historical fact, are forward-looking statements. Although Mawson believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate, and similar expressions, or are those, which, by their nature, refer to future events. Mawson cautions investors that any forward-looking statements are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to: capital and other costs varying significantly from estimates; changes in world metal markets; changes in equity markets; ability to achieve goals; that the political environment in which the Company operates will continue to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases, including the novel COVID-19 virus; risks related to negative publicity with respect to the Company or the mining industry in general; reliance on a single asset; planned drill programs and results varying from expectations; unexpected geological conditions; local community relations; dealings with non-governmental organizations; delays in operations due to permit grants; environmental and safety risks; and other risks and uncertainties disclosed under the heading "Risk Factors" in Mawson's most recent Annual Information Form filed on www.sedar.com. While these factors and assumptions are considered reasonable by Mawson, in light of management's experience and perception of current conditions and expected developments, Mawson can give no assurance that such expectations will prove to be correct. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mawson disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.
SOURCE: Mawson Gold Limited
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