TORONTO, Sept. 4, 2013 /CNW/ - Roxgold Inc. ("Roxgold" or "the Company") (TSXV: ROG) is pleased to announce the appointment of Ms. Natacha Garoute, LLB, CPA, CA, as the Company's Chief Financial Officer and Corporate Secretary effective September 3, 2013.
Ms. Garoute has over 15 years of finance experience, with a strong focus on mining, most recently as the Corporate Controller at SEMAFO Inc. where she demonstrated active leadership managing financial reporting, tax and budget functions throughout the Corporation and its subsidiaries in Burkina Faso, West Africa. Previous to that, she held senior finance positions at Canadien National Railway, MDD and PwC.
"We are delighted to welcome Natacha to the Roxgold team," commented John Dorward, President and Chief Executive Officer. "She has acquired extensive finance experience in the mining industry and we are confident that she will make significant contributions alongside our growing team, furthering the advancement of Yaramoko from exploration to development. Natacha brings specific operating experience in Burkina Faso, which furthers our goal to optimize Roxgold's potential by creating an experienced owner's team that will support our strategic vision for the future."
Ms. Garoute replaces Mr. Wayne Moorhouse who has served as Roxgold's Vancouver-based Chief Financial Officer since 2011. The Company would like to thank Mr. Moorhouse for his contributions throughout his tenure and wishes him the very best in his future endeavours.
This latest addition completes the Company's corporate head office relocation to Toronto, Ontario and further enhances Roxgold's experienced team of developers with West African project expertise, which includes Mr. Paul Criddle, Chief Operating Officer and other recent appointments including Mr. Pierre Matte as General Manager, Burkina Faso and Mr. Craig Richards as Principal Mining Engineer.
Roxgold is a gold exploration and development company with its key asset, the high grade, 100% owned Yaramoko exploration permit located in the mineral-rich Houndé greenstone region of Burkina Faso, West Africa. The Company recently announced an updated resource estimate for the 55 Zone and plans to release a Preliminary Economic Assessment in September 2013. Roxgold trades on the TSX Venture Exchange under the symbol ROG.
"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."
This news release may contain forward-looking statements. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to such future events and conditions could differ materially from those currently anticipated in such statements for many reasons such as: changes in management, changes in general economic conditions and conditions in the financial markets; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. The Company has not made a construction or production decision on the Yaramoko Gold Project at this time. Further, if and when the Company makes any production decision, it will disclose the basis of such decision in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.
SOURCE: Roxgold Inc.
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