Gold Terra Appoints Hellen Siwanowicz to Board of Directors

Rhea-AI Summary

Gold Terra Resource Corp. has appointed Hellen Siwanowicz as a director, increasing the board to seven members, including four independent directors. Siwanowicz brings over 25 years of legal experience, primarily in securities law, advising public companies on corporate finance, mergers, and compliance. Executive Chairman Gerald Panneton welcomed her expertise, emphasizing its importance in advancing the Yellowknife City Gold Project. This project spans 790 sq. km near Yellowknife, known for high-grade gold, and aims to establish the area as a leading gold mining district in Canada.

Positive

• Appointment of Hellen Siwanowicz adds significant legal expertise to the board.
• Strengthened leadership may enhance compliance and governance efforts.
• The Yellowknife City Gold Project has identified promising zones of gold mineralization.

Negative

• No specific negative impacts were identified in the press release.

VANCOUVER, BC / ACCESSWIRE / August 11, 2020 / Gold Terra Resource Corp. (TSXV:YGT)(OTC PINK:TRXXF)(FSE:TX0) ("Gold Terra" or the "Company) is pleased to announce the appointment of Hellen Siwanowicz as a director of the Company. Hellen's appointment brings the total number of directors serving on Gold Terra's Board to seven, including four independent, non-executive directors.

Ms. Siwanowicz brings over 25 years of business law experience. From 1991 to 2016, Ms. Siwanowicz practiced law at McMillan LLP and its predecessor, Lang Michener LLP, with an emphasis on securities law. She has significant experience advising public companies on corporate finance, mergers and acquisitions, regulatory compliance and corporate governance matters.

"On behalf of the Board of Directors, I would like to welcome Hellen to the Board," said Gerald Panneton, Executive Chairman of Gold Terra. "Her level of experience and knowledge will further strengthen the Board's skills as Gold Terra continues to advance exploration and realize the full value potential of its Yellowknife City Gold Project."

About Gold Terra's Yellowknife City Gold Project
The Yellowknife City Gold ("YCG") project encompasses 790 sq. km of contiguous land immediately north, south and east of the City of Yellowknife in the Northwest Territories. Through a series of acquisitions, Gold Terra controls one of the six major high-grade gold camps in Canada. Being within 10 kilometres of the City of Yellowknife, the YCG is close to vital infrastructure, including all-season roads, air transportation, service providers, hydro-electric power and skilled tradespeople.

The YCG lies on the prolific Yellowknife greenstone belt, covering nearly 70 kilometres of strike length along the main mineralized shear system that host the former-producing high-grade Con and Giant gold mines. The Company's exploration programs have successfully identified significant zones of gold mineralization and multiple targets that remain to be tested which reinforces the Company's objective of re-establishing Yellowknife as one of the premier gold mining districts in Canada.

Visit our website at www.goldterracorp.com.

For more information, please contact:
David Suda, President and CEO
Phone: 604-928-3101 | Toll-Free: 1-855-737-2684
dsuda@goldterracorp.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 release.

SOURCE: Gold Terra Resource Corp

View source version on accesswire.com:
https://www.accesswire.com/601228/Gold-Terra-Appoints-Hellen-Siwanowicz-to-Board-of-Directors

FAQ

Who is Hellen Siwanowicz and what is her role at Gold Terra?

Hellen Siwanowicz has been appointed as a director of Gold Terra, bringing over 25 years of experience in business law with a focus on securities.

What is the Yellowknife City Gold Project?

The Yellowknife City Gold Project covers 790 sq. km of land near Yellowknife, known for high-grade gold deposits, aiming to re-establish the region as a premier mining district.

Why is the appointment of Hellen Siwanowicz significant for Gold Terra?

Her legal background in corporate finance and compliance is expected to strengthen the board's skills and governance.

How will Hellen Siwanowicz's expertise benefit Gold Terra?

Her extensive experience in advising public companies will assist in navigating corporate governance and regulatory challenges.

What are the goals of Gold Terra's exploration programs?

The exploration programs aim to identify additional gold mineralization zones and reinforce the potential of the Yellowknife City Gold Project.