Vancouver, British Columbia – April 14, 2021 – GGX Gold Corp. (TSXV:GGX) (OTCQB:GGXXF)(FRA:3SR2) (“GGX” or the “Company”) is pleased to announce Sebastien Ah Fat has been appointed as Vice President, Exploration.
Sebastien Ah Fat is a professional geologist with over a decade of experience in the mining and energy sectors. He is the Vice President of Exploration at Pacific Bay Minerals Ltd., a precious metal focused mining company and the co-founder and Vice President of Exploration at Glacier Resources Corp., a lithium exploration company. Previously, Sebastien was the Manager of Geological Services and Software Development of a leading energy geosteering consulting firm and Geologist at Bralorne Gold Mines Ltd. Mr. Ah Fat holds a Bachelor of Science degree in Geology from the University of Calgary and is registered as a Professional Geoscientist with the Association of Professional Engineers and Geoscientists of Alberta (APEGA).
Barry Brown, CEO of GGX Gold stated “We are pleased to have Sebastien join our management team as we continue to review the possibility of a bulk sample at the Gold Drop property. Sebastien has been intimately involved in our exploration efforts at the Gold Drop project and brings a wealth of technical knowledge in the precious metals sector.”
The Company also announces that it has granted 800,000 stock options at an exercise price of $0.16 to its directors, officers, employees and consultants. The options are exercisable for five years and will be cancelled 30 days after cessation of acting as director, officer, employee or consultant of the Company. The stock options are not transferable and will be subject to a four-month hold period from the date of grant and any applicable regulatory acceptance.
On Behalf of the Board of Directors
Barry Brown, CEO
Forward Looking Statement
This News Release may contain forward-looking statements including but not limited to comments regarding the acquisition of certain mineral claims. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and Revolver undertakes no obligation to update such statements, except as required by law.
Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates, including that: the current price of and demand for minerals being targeted by the Company will be sustained or will improve; the Company will be able to obtain required exploration licences and other permits; general business and economic conditions will not change in a material adverse manner; financing will be available if and when needed on reasonable terms; the Company will not experience any material accident; and the Company will be able to identify and acquire additional mineral interests on reasonable terms or at all. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: that resource exploration and development is a speculative business; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; fluctuations in currency exchange rates; fluctuating prices of commodities; operating hazards and risks; competition; potential inability to find suitable acquisition opportunities and/or complete the same; and other risks and uncertainties listed in the Company’s public filings. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information, which are qualified in their entirety by this cautionary statement. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.
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