Toronto, Dec. 20, 2021 /CNW/ - Baselode Energy Corp.
(TSXV: FIND) (OTCQB: BSENF) ("Baselode" or the
"Company") is pleased to announce that Kevin Canario has been appointed the Company's
Chief Financial Officer ("CFO"). Most recently, he was
Corporate Controller of Battle North Gold Corporation where he was
instrumental in the eventual sale of the Bateman Gold project.
Prior to this, Mr. Canario was the CFO of INV Metals Inc. and
worked at PricewaterhouseCoopers LLP for 5 years within the mining
assurance practice managing audits for a variety of publicly listed
clients ranging from small exploration to large multi-asset
operations. Mr. Canario holds a CPA, CA and Honours Bachelor of
Commerce from McMaster University,
Canada.
Baselode and the Ore Group would also like to announce the
resignation of Jeff Potwarka, the
Company's outgoing CFO. The entire Ore Group team thanks Mr.
Potwarka for his dedication and many years of service to the team
and Company's shareholders, and wishes him the best in his future
endeavours.
The Company also announces that in accordance with its stock
option plan, it has granted a total of 1,925,000 incentive options
to officers, directors and consultants of the Company, at an option
price of $1.00 per share, exercisable
for a period of five years from the date of issue.
About Baselode Energy Corp.
Baselode currently
controls 100% of approximately 227,000 hectares for exploration in
the Athabasca Basin area, northern
Saskatchewan, Canada. The land
package is free of any option agreements or underlying
royalties.
Baselode's Athabasca 2.0
exploration thesis is focused on discovering near-surface,
basement-hosted, high-grade uranium orebodies outside of the
Athabasca Basin. The exploration
thesis is further complemented by the Company's preferred use of
innovative and well-understood geophysical methods to map deep
structural controls to identify shallow targets for diamond
drilling.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the TSX Venture Exchange
policies) accepts responsibility for the adequacy or accuracy of this
release.
Certain information in this press release may contain
forward-looking statements. This information is based on current
expectations that are subject to significant risks and
uncertainties that are difficult to predict. Actual results might
differ materially from results suggested in any forward-looking
statements. Baselode Energy Corp. assumes no obligation to update
the forward-looking statements, or to update the reasons why actual
results could differ from those reflected in the forward
looking-statements unless and until required by securities laws
applicable to Baselode Energy Corp. Additional information
identifying risks and uncertainties is contained in the Company's
filings with Canadian securities regulators, which filings are
available under Baselode Energy Corp. profile at www.sedar.com.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in
the United States. The securities
have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or
any state securities laws and may not be offered or sold within
the United States or to, or for
the account or benefit of, U.S. Persons unless registered under the
U.S. Securities Act and applicable state securities laws, unless an
exemption from such registration is available.
SOURCE Baselode Energy Corp.