Trigon Strengthens Its Board of Directors With the Appointment of Dr. David Shaw and Nomination of Mr. Daye Kaba
21 Outubro 2019 - 11:35AM
Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) has
today announced the appointment of Dr. David Shaw to the Company’s
Board of Directors, effective immediately.
Dr. David Shaw brings a wealth of expertise in
public companies and exploration geology. He has worked both in the
technical and financial communities within the resource industry
for nearly 40 years. He served as an in-house structural consultant
on both metal and hydrocarbon exploration programs, then as a
member of a hydrocarbon project financial evaluation team with
Chevron Resources in Calgary and Vancouver. He initiated and
developed the Resource Research Group at Charlton Securities Ltd.,
Calgary before assuming the position of Senior Mining Analyst,
Corporate Finance at Yorkton Securities Inc. in Vancouver.
Throughout David's career he has built strong relationships with
European financial institutions and the global mining community and
gained valuable experience in Africa. Dr. Shaw holds a PhD in
Structural Geology from Carleton University.
The appointment of Dr. David Shaw fills the seat of
Gordon Neal on the Trigon board, following his resignation. We
would like to thank Mr. Neal for his contributions to the Company
and board of directors.
The Company’s Annual General Meeting will take
place on November 18th, 2019 at 11a.m. in Toronto. The
remaining directors will return to the board for another term
(pending re-election), with the notable exception of Bob Schafer
who will not be running for re-election. Trigon wishes to extend
its sincere appreciation to Bob Schafer for more than two years of
service to the shareholders of the Company as a director. Mr.
Daye Kaba is nominated to stand for election in his place.
Daye Kaba brings corporate governance experience
and a variety of necessary skills to the Trigon board. He is a
partner in the Global Metals & Mining group at McCarthy
Tétrault in Toronto. His practice focuses on mergers and
acquisitions, securities and commercial law matters, with a focus
on the mining sector in Africa. Mr. Kaba previously worked at
Fasken Martineau DuMoulin LLP in Toronto and Coudert Brothers LLP
in Paris. He received his JD from the University of Michigan
and is called to the New York bar and the Ontario bar. Mr.
Kaba is a member of various associations including the Canadian Bar
Association, the American Bar Association, the World Association of
Mining Lawyers (WAOML) and the Prospector and Developers
Association of Canada (PDAC). He is fluent in English, French
and Portuguese.
Jed Richardson, President and CEO of Trigon Metals,
commented, "I am pleased to welcome David and Daye as directors
of Trigon. We anticipate their invaluable contributions as we
gear up for the restart of the Kombat Mine in Namibia and
exploration of other copper developments in Africa."
In connection with the recent announcements, the
Company has granted stock options in accordance with the Company’s
stock option plan. David Shaw and Daye Kaba will each receive
350,000 options. Trigon has also granted incentive stock options to
certain directors, officers, employees and consultants of the
Company to purchase up to an aggregate of 2,335,000 common shares
of the Company. The options have an exercise price of $0.18 and
will expire five years from the date of grant. The options will
vest immediately. The grant of options remains subject to the
approval of the TSX Venture Exchange.
Trigon Metals Inc.Trigon is a
publicly traded Canadian exploration and development company with
its core operations focused on copper resources in Namibia, one of
the world’s most prospective copper regions, where it has
substantial assets in place with significant upside. The Company
continues to hold an 80% interest in five mining licences in the
Otavi Mountain lands, an area of Namibia particularly known for its
high-grade copper deposits. Within these licences are three past
producing mines including the Company’s flagship property, the
Kombat Mine.
For further information,
contact:Jed Richardson +1 416 861 5893
jed.richardson@trigonmetals.comWebsite: www.trigonmetals.com
Cautionary NotesNeither 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. This news release may contain forward-looking
statements. These statements include statements regarding the
change of the composition of Trigon’s board of directors and the
impacts of such changes and the Company’s future plans and
objectives. These statements are based on current expectations and
assumptions that are subject to risks and uncertainties. Actual
results could differ materially because of factors discussed in the
management discussion and analysis section of our interim and most
recent annual financial statements or other reports and filings
with the TSX Venture Exchange and applicable Canadian securities
regulations. We do not assume any obligation to update any
forward-looking statements, except as required by applicable
laws.
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