Toronto, Ontario. – April 30, 2020– Roscan Gold Corporation (“Roscan” or the “Company”) (TSX-V: ROS; FSE:2OJ) is pleased to announce the appointment of Mr. David Reading as Technical Advisor – Exploration Geology to the Company.
Mr. Sangmuah, President and CEO of the Company, commented: “We are proud and excited to have David join the Roscan Exploration Team as Technical Advisor. We believe his extensive experience and success in exploration discovery, and resource expansion will help unlock great value at our gold project for all Roscan shareholders. This comes at an important time as we try to unlock value from our exploration targets and ensure we strategically allocated resources to high priority targets.”
Appointment of Mr. David Reading as Technical Advisor
Mr. Reading has significant expertise in the global gold mining industry with over 40 years’ experience across the fields of exploration, feasibility, project development and mining. He is the former CEO of European Goldfields and Aureus Mining and the former General Manager of African exploration for Randgold Resources. In addition, he was Special advisor to Continental Gold until the recent sale to Zijin Mining for $1.4B and has consulted to various Toronto and London based Mining Groups with assets in the Americas and Africa.
Mr. Reading has an MSc in Economic Geology and is a fellow of Institute of Materials, Metals and Mining (IOM3) and the Society of Economic Geologists (SEG).
The Company’s board of directors has approved the granting of 500,000 incentive stock options pursuant to the Company’s Stock Option Plan to recently appointed David Reading, subject to approval. The options are exercisable at a price of $0.30 per share for a period of five (5) years.
Roscan Gold Corporation is a well-financed Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The Company has assembled a significant land position of 100%-owned permits in an area of producing gold mines (including B2 Gold’s Fekola Mine which lies in a contiguous property to the west of Kandiole), and major gold deposits, located both north and south of its Kandiole Project in West Mali.
For further information, please contact:
Andrew J. Ramcharan
Executive Vice President – Corporate Development and Investor Relations Tel: (902) 832-5555
Greg Isenor, P.Geo
Executive Vice-Chairman Tel: (902) 832-5555
Forward Looking Statements
This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward- looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company’s management’s discussion and analysis as filed under the Company’s profile at www.sedar.com. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.
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