Exploits Appoints Douglas Cater as New Chair of the Board of Directors and Establishes Opportunities Committee
Exploits Discovery Corp. (NFLDF) has appointed Douglas Cater as the new Chair of its board of directors. Cater, who has been a board member since 2022, brings over 40 years of industry experience in precious metals exploration and mining. He previously served as Vice President Exploration for Kirkland Lake Gold from 2016 to 2019, where he contributed to the Newmarket Gold acquisition.
The company has granted Cater 200,000 stock options at $0.06 per share, expiring February 10, 2030. Additionally, with approximately $5 million in cash, Exploits has established an 'Opportunities Committee' to evaluate potential acquisitions, options, investments, and joint ventures for new projects in Canada and the United States.
Exploits Discovery Corp. (NFLDF) ha nominato Douglas Cater come nuovo presidente del suo consiglio di amministrazione. Cater, che è membro del consiglio dal 2022, porta con sé oltre 40 anni di esperienza nel settore dell'esplorazione e dell'estrazione di metalli preziosi. In passato ha ricoperto il ruolo di Vice Presidente Esplorazione per Kirkland Lake Gold dal 2016 al 2019, dove ha contribuito all'acquisizione di Newmarket Gold.
La società ha concesso a Cater 200.000 opzioni su azioni a $0,06 per azione, con scadenza il 10 febbraio 2030. Inoltre, con circa $5 milioni in contante, Exploits ha istituito un 'Comitato Opportunità' per valutare potenziali acquisizioni, opzioni, investimenti e joint venture per nuovi progetti in Canada e negli Stati Uniti.
Exploits Discovery Corp. (NFLDF) ha nombrado a Douglas Cater como nuevo presidente de su junta directiva. Cater, quien ha sido miembro de la junta desde 2022, aporta más de 40 años de experiencia en la exploración y minería de metales preciosos. Anteriormente, se desempeñó como Vicepresidente de Exploración en Kirkland Lake Gold de 2016 a 2019, donde contribuyó a la adquisición de Newmarket Gold.
La compañía ha otorgado a Cater 200,000 opciones sobre acciones a $0.06 por acción, que expiran el 10 de febrero de 2030. Además, con aproximadamente $5 millones en efectivo, Exploits ha establecido un 'Comité de Oportunidades' para evaluar adquisiciones, opciones, inversiones y joint ventures para nuevos proyectos en Canadá y Estados Unidos.
Exploits Discovery Corp. (NFLDF)는 더글라스 카터를 이사회의 새 의장으로 임명했습니다. 카터는 2022년부터 이사로 활동해 왔으며, 귀금속 탐사 및 채굴 분야에서 40년 이상의 경험을 가지고 있습니다. 그는 2016년부터 2019년까지 커클랜드 레이크 골드의 부사장으로 재직하며 뉴마켓 골드 인수에 기여했습니다.
회사는 카터에게 주당 $0.06에 200,000주 옵션을 부여했으며, 이 옵션은 2030년 2월 10일에 만료됩니다. 또한, 약 $5백만의 현금을 보유한 Exploits는 캐나다와 미국의 신규 프로젝트를 위한 잠재적 인수, 옵션, 투자 및 합작 투자를 평가하기 위해 '기회 위원회'를 설립했습니다.
Exploits Discovery Corp. (NFLDF) a nommé Douglas Cater comme nouveau président de son conseil d'administration. Cater, qui est membre du conseil depuis 2022, apporte plus de 40 ans d'expérience dans le secteur de l'exploration et de l'exploitation des métaux précieux. Il a auparavant été vice-président de l'exploration chez Kirkland Lake Gold de 2016 à 2019, où il a contribué à l'acquisition de Newmarket Gold.
La société a accordé à Cater 200 000 options d'actions à 0,06 $ par action, arrivant à expiration le 10 février 2030. De plus, avec environ 5 millions de dollars en espèces, Exploits a établi un 'Comité des Opportunités' pour évaluer les acquisitions potentielles, les options, les investissements et les coentreprises pour de nouveaux projets au Canada et aux États-Unis.
Exploits Discovery Corp. (NFLDF) hat Douglas Cater zum neuen Vorsitzenden seines Vorstandes ernannt. Cater, der seit 2022 Mitglied des Vorstands ist, bringt über 40 Jahre Branchenerfahrung in der Erkundung und dem Bergbau von Edelmetallen mit. Zuvor war er von 2016 bis 2019 als Vizepräsident der Exploration bei Kirkland Lake Gold tätig, wo er zur Übernahme von Newmarket Gold beigetragen hat.
Das Unternehmen hat Cater 200.000 Aktienoptionen zu je 0,06 $ gewährt, die am 10. Februar 2030 auslaufen. Außerdem hat Exploits mit insgesamt $5 Millionen in bar einen 'Ausschuss für Chancen' eingerichtet, um potenzielle Übernahmen, Optionen, Investitionen und Joint Ventures für neue Projekte in Kanada und den Vereinigten Staaten zu bewerten.
- Company maintains strong cash position of $5 million
- Appointment of experienced industry veteran with 40+ years in precious metals
- Strategic expansion initiative through new Opportunities Committee
- None.
Toronto, Ontario--(Newsfile Corp. - February 11, 2025) - Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) ("Exploits" or the "Company") is pleased to announce it has appointed Douglas Cater as Chair of its board of directors. Mr. Cater has been a board member of the Company since 2022.
Jeff Swinoga, President and CEO, stated, "On behalf of our board of directors, I am pleased to announce the appointment of Douglas Cater as our new Chair. Doug's extensive experience, having served on the boards of eleven public companies and two non-profit organizations, makes him an excellent choice for this role. As the current Chair of our technical committee, Doug brings decades of leadership in exploration, guiding successful teams across both major and mid-tier mining companies. His strong leadership skills combined with his deep expertise in high-grade, structurally controlled gold deposits in Eastern Canada and Fosterville, Australia, will be instrumental in shaping our strategic direction."
Mr. Cater, P. Geo FGC, ICD.D, is a professional geologist with more than 40 years of industry experience in exploration and mining precious metals including project management of exploration programs and mining projects. From January 2016 to January 2019, Mr. Cater served as Vice President Exploration (Canada) for Kirkland Lake Gold Ltd., a large public Canadian gold mining company with operating mines and exploration projects located in Northeastern Ontario and Australia. In this role, he provided geological due diligence on the acquisition of Newmarket Gold, which owned the Fosterville Mine. He is a graduate of the ICD- Rotman Directors Education Program.
In accordance with the Company's stock option plan, the Company has granted Douglas Cater incentive stock options to purchase up to an aggregate of 200,000 common shares in the capital stock of the Company at a price of
Opportunities Committee
With its current cash balance of approximately
About Exploits Discovery Corp.
Exploits is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland and Labrador, Canada. Exploits is utilizing its experienced, talented team and geologic understanding with the vision to become one of the most successful explorers in Canada.
On Behalf of the Board
/s/ "Jeff Swinoga"
President and CEO
For more information, please contact:
Shanda Kilborn
VP, Corporate Development & Investor Relations
+1 (778) 819-2708
shanda@exploits.gold
https://exploitsdiscovery.com
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.
Forward-Looking Statements
This news release contains certain 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. Readers 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 including, but not limited to, market conditions, availability of financing, actual results of the Company's exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.
Acknowledgments
Exploits Discovery would like to acknowledge the financial support of the Junior Exploration Assistance Program from the Department of Natural Resources, Government of Newfoundland and Labrador.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240356
FAQ
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