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Spanish Mountain Gold is Pleased to Announce Mark Ruus as Chief Financial Officer

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Spanish Mountain Gold (TSXV: SPA) (FSE: S3Y) (OTC Pink: SPAZF) has appointed Mark Ruus as Chief Financial Officer. With nearly 30 years of mining experience, Ruus brings extensive knowledge in financing, cost control, business efficiency, compliance, tax, merger and acquisition, and financial reporting for mining companies. He previously held senior positions at major gold mining companies including Kinross Gold, Goldcorp, and Placer Dome.

Ruus, a CPA-CA, expressed excitement about joining Spanish Mountain Gold as it transitions from explorer and developer to producer. CEO Peter Mah highlighted Ruus' passion and leadership skills as instrumental to the company's mission of sustainable growth.

Spanish Mountain Gold (TSXV: SPA) (FSE: S3Y) (OTC Pink: SPAZF) ha nominato Mark Ruus come Chief Financial Officer. Con quasi 30 anni di esperienza nel settore minerario, Ruus porta con sé una vasta conoscenza in finanziamento, controllo dei costi, efficienza aziendale, conformità, tassazione, fusioni e acquisizioni, e rendicontazione finanziaria per le aziende minerarie. Ha precedentemente ricoperto posizioni senior in importanti aziende minerarie d'oro, tra cui Kinross Gold, Goldcorp e Placer Dome.

Ruus, un CPA-CA, ha espresso entusiasmo per l'ingresso in Spanish Mountain Gold mentre l'azienda si distingue da esploratore e sviluppatore a produttore. Il CEO Peter Mah ha sottolineato come la passione e le capacità di leadership di Ruus siano fondamentali per la missione dell'azienda di crescita sostenibile.

Spanish Mountain Gold (TSXV: SPA) (FSE: S3Y) (OTC Pink: SPAZF) ha nombrado a Mark Ruus como Chief Financial Officer. Con casi 30 años de experiencia en minería, Ruus aporta un amplio conocimiento en finanzas, control de costos, eficiencia empresarial, cumplimiento, impuestos, fusiones y adquisiciones, y reportes financieros para empresas mineras. Anteriormente ocupó puestos de alta dirección en importantes empresas de minería de oro, incluyendo Kinross Gold, Goldcorp y Placer Dome.

Ruus, un CPA-CA, expresó su entusiasmo por unirse a Spanish Mountain Gold en su transición de explorador y desarrollador a productor. El CEO Peter Mah destacó que la pasión y las habilidades de liderazgo de Ruus son fundamentales para la misión de crecimiento sostenible de la empresa.

스페인 마운틴 골드 (TSXV: SPA) (FSE: S3Y) (OTC Pink: SPAZF)는 Mark Ruus를 최고 재무 책임자로 임명했습니다. 30년에 가까운 광업 경험을 지닌 Ruus는 재무, 비용 관리, 비즈니스 효율성, 준수, 세금, 인수합병 및 재무 보고에 대한 광범위한 지식을 가지고 있습니다. 그는 Kinross Gold, Goldcorp 및 Placer Dome과 같은 주요 금광업체에서 고위직을 역임했습니다.

CPA-CA인 Ruus는 스페인 마운틴 골드가 탐사 및 개발자로부터 생산자로 전환하는 과정에 합류하게 되어 기쁘다고 표현했습니다. CEO인 Peter Mah는 Ruus의 열정과 리더십 기술이 회사의 지속 가능한 성장이라는 사명에 있어 매우 중요하다고 강조했습니다.

Spanish Mountain Gold (TSXV: SPA) (FSE: S3Y) (OTC Pink: SPAZF) a nommé Mark Ruus au poste de directeur financier. Fort de près de 30 ans d'expérience dans le secteur minier, Ruus apporte une vaste expertise en financement, contrôle des coûts, efficacité commerciale, conformité, fiscalité, fusions et acquisitions, et reporting financier pour les entreprises minières. Il a précédemment occupé des postes de direction dans des grandes entreprises minières d'or telles que Kinross Gold, Goldcorp et Placer Dome.

Ruus, CPA-CA, a exprimé son enthousiasme à rejoindre Spanish Mountain Gold alors que l'entreprise passe d'explorateur et développeur à producteur. Le PDG Peter Mah a souligné que la passion et les compétences en leadership de Ruus sont essentielles à la mission de l'entreprise pour une croissance durable.

Spanish Mountain Gold (TSXV: SPA) (FSE: S3Y) (OTC Pink: SPAZF) hat Mark Ruus zum Chief Financial Officer ernannt. Mit fast 30 Jahren Erfahrung im Bergbau bringt Ruus umfassendes Wissen in Finanzierung, Kostenkontrolle, Betriebseffizienz, Compliance, Steuern, Fusionen und Übernahmen sowie Finanzberichterstattung für Bergbauunternehmen mit. Zuvor hatte er führende Positionen bei großen Goldbergbauunternehmen wie Kinross Gold, Goldcorp und Placer Dome inne.

Ruus, ein CPA-CA, äußerte seine Begeisterung darüber, zu Spanish Mountain Gold zu stoßen, während das Unternehmen von einem Explorator und Entwickler zu einem Produzenten übergeht. CEO Peter Mah hob hervor, dass Ruus' Leidenschaft und Führungsfähigkeiten entscheidend für die Mission des Unternehmens zu nachhaltigem Wachstum sind.

Positive
  • Appointment of experienced CFO with nearly 30 years in the mining industry
  • New CFO has held senior positions at major gold mining companies
  • Addition of expertise in financing, cost control, and business efficiency
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - August 6, 2024) - Spanish Mountain Gold Ltd. (TSXV: SPA) (FSE: S3Y) (OTC Pink: SPAZF) (the "Company" or "Spanish Mountain Gold") is pleased to announce the appointment of Mr. Mark Ruus as Chief Financial Officer ("CFO") of the Company. Bringing almost three decades of mining experience, Mr. Ruus began his career at PwC, and has since held Vice President and Senior Vice President Tax positions at several major gold mining companies including Kinross Gold Corporation, Goldcorp Inc. and Placer Dome Inc.. Holding his CPA - CA designation, Mr. Ruus brings a wealth of knowledge and experience with regard to financing, cost control, business efficiency, compliance, tax, merger and acquisition, and financial reporting for domestic and multinational mining companies.

Mark Ruus shared, "I am excited to be joining the Spanish Mountain team at this stage of the Company. I believe my experience will help build the Company as it transitions from explorer, developer to producer. I am eager to contribute to the Company's collective success and honoured to join the dynamic, forward-thinking team at Spanish Mountain."

Peter Mah, Spanish Mountain Gold's President, CEO and Director comments, "We are very excited to announce Mark Ruus' appointment as Chief Financial Officer of the Company. Mark's passion and leadership skills will be instrumental to our mission to deliver sustainable growth.

About Spanish Mountain Gold Ltd.

Spanish Mountain Gold Ltd. is focused on advancing its 100% owned Spanish Mountain Gold Project towards construction of the next gold mine in the Cariboo Gold Corridor, British Columbia. We are conducting an integrated Whittle Enterprise Optimization to identify the highest potential value-add improvements while increasing the understanding of the high-grade geologic controls and associated drill targets that could upgrade and expand the gold resource. We are striving to be a leader in community and indigenous relations by leveraging technology and innovation to build the "greenest" gold mine in Canada. The "Relentless Pursuit for Better Gold" means seeking new ways to achieve optimal financial outcomes that are safer, minimize environmental impact and create meaningful sustainability for communities. Details on the Company are available on www.sedarplus.ca and on the Company's website: www.spanishmountaingold.com.

On Behalf of the Board,

"Peter Mah"
President, Chief Executive Officer, and Director
Spanish Mountain Gold Ltd.

For more information, contact:
Investor Relations
(604) 398-4377
info@spanishmountaingold.com

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

FORWARD-LOOKING STATEMENTS:

Certain of the statements and information in this press release constitute "forward-looking statements" or "forward-looking information" Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "anticipates", "believes", "plans", "estimates", "intends", "targets", "goals", "forecasts", "objectives", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. The Company's forward-looking statements and information are based on the assumptions, beliefs, expectations and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information. For the reasons set forth above, investors should not place undue reliance on forward-looking statements and information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218823

FAQ

Who is the new CFO of Spanish Mountain Gold (SPAZF)?

Mark Ruus has been appointed as the new Chief Financial Officer of Spanish Mountain Gold (SPAZF).

What experience does Mark Ruus bring to Spanish Mountain Gold (SPAZF)?

Mark Ruus brings nearly 30 years of mining experience, including senior positions at major gold mining companies like Kinross Gold, Goldcorp, and Placer Dome. He has expertise in financing, cost control, business efficiency, compliance, tax, merger and acquisition, and financial reporting.

How might Mark Ruus' appointment impact Spanish Mountain Gold's (SPAZF) transition?

Mark Ruus' appointment is expected to help Spanish Mountain Gold (SPAZF) transition from an explorer and developer to a producer, leveraging his extensive experience in the mining industry.

What professional designation does Mark Ruus hold?

Mark Ruus holds a CPA-CA (Chartered Professional Accountant - Chartered Accountant) designation.

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