VANCOUVER, April 27, 2016 /CNW/ - Intact Gold Corp. (TSX-V: ITG) (the "Company" or "Intact Gold"), is pleased to announce that it has appointed Greg Burns to the Company's board of directors.
Mr Burns is the Director of Mergers and Acquisitions for Capital Investment Partners, a Western Australian headquartered investment bank, with an office in Vancouver. Greg was the previous Managing Director of Xenolith, subsequently Coalspur Mines Ltd which was taken over by Cline Group in 2015. He was also a director of White Canyon Uranium before the company was taken over by Denison Mines in 2010.
Mr Burns has held senior operational roles with Goldstream Mining, Adamus Resources Limited and Platinum Australia Limited, utilising his extensive skills in all areas of exploration geology, office based management, data interpretation, and project appraisal and acquisition. Mr Burns graduated from the University of Canterbury in New Zealand with a Bachelor of Science majoring in Geology. Greg is a member of the Canadian Institute of Mining, Metallurgy & Petroleum (CIM), Australian Institute of Mining and Metallurgy (AusIMM), Australian Institute of Geoscientists (AIS). Mr Burns has over 22 years of corporate and technical experience in mineral exploration and has held executive board positions with several prominent exploration and mining companies in Canada & Australia.
Anthony Jackson of Intact Gold comments: "Intact Gold is excited to have added someone with both capital market and technical experience to the Board. His appointment to our board comes at a time where Intact continues to search for advanced gold projects for development and exploration activities in Canada."
In connection with his appointment as Chairman of the Advisory Board, Intact Gold has agreed to grant Mr. Burns an option to acquire 200,000 common shares of Intact Gold at an exercise price of $0.20.
Mr Burns will replace Bob Thompson who has resigned from the board. The Company thanks Mr Thompson for his directorship and wishes him well in his future endeavors.
ON BEHALF OF THE BOARD OF DIRECTORS OF
INTACT GOLD CORP.
Per: Anthony Jackson, President and CEO
Disclaimer for Forward-Looking Information
Except for statements of historical fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Forward-looking information in this press release includes, but is not limited to, statements regarding expectations of management regarding the contents of this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking information is subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that the Company may not have the funds necessary to make its payments pursuant to the Agreement, that the TSX-V may not approve the transaction, and other factors beyond the control of the Company. Except as required by law, the Company expressly disclaims any obligation, and does not intend, to update any forward-looking information in this news release.
Neither 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 Intact Gold Corp
For further information: please contact the Company at 604-283-1722.