Ascot Announces the Retirement of Bob Evans and Appoints A New Director
13 Setembro 2021 - 09:00AM
Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF)
(“Ascot” or the “Company”) announces that Mr. Robert (Bob)
Evans has decided to retire from the board after 32 years of
service. Bob was one of the early founders of Ascot and was Chief
Financial Officer of the Company from 1989 to 2017 as well as
serving on the board.
Ascot is pleased to announce the appointment of
Ms. Indi Gopinathan to the board. Ms. Gopinathan brings 25 years of
experience in the mining industry and capital markets to Ascot. She
is currently VP, Investor Relations and Corporate Communications
with IAMGOLD, and started her career with the
Falconbridge/Noranda group before moving to Cantor Fitzgerald,
Scotiabank, New Gold, independent consulting and teaching. Ms.
Gopinathan has a Civil Engineering degree from the University of
Toronto and is registered as a P.Eng (Ont.) with an MBA
(Queen's). She also has CPA, CMA designations
(Ont.).
Rick Zimmer, Chair of the board commented, “Bob
has been instrumental in piloting the company from its early
exploration beginnings to its current development status and we
thank him for his significant contribution and dedication to Ascot
over his 32 years of service. We wish Bob the best in his
retirement. We are also delighted to announce the addition of Indi
to our board and look forward to her contributions as we build
toward production next year.”
On behalf of the Board of Directors of
Ascot Resources Ltd.“Rick Zimmer”Director & Chair of
the Board
For further information contact:David Stewart,
P.Eng.VP, Corporate Development & Shareholder
Communicationsdstewart@ascotgold.com778-725-1060 ext. 1024
About Ascot Resources Ltd.
Ascot is a Canadian-based junior exploration and
development company focused on re-starting the past-producing
Premier gold mine, located in British Columbia’s prolific Golden
Triangle. Ascot shares trade on the TSX. Concurrent with
progressing the development of Premier, the Company continues to
successfully explore its properties for additional high-grade
underground resources. Ascot is committed to the safe and
responsible development of Premier in partnership with Nisga’a
Nation as outlined in the Benefits Agreement.
For more information about the Company, please
refer to the Company’s profile on SEDAR at www.sedar.com or visit
the Company’s web site at www.ascotgold.com, or for a virtual tour
visit www.vrify.com under Ascot Resources.
The TSX has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding
Forward-Looking Information
All statements, trend analysis and other
information contained in this press release about anticipated
future events or results constitute forward-looking statements.
Forward-looking statements are often, but not always, identified by
the use of words such as “seek”, “anticipate”, “believe”, “plan”,
“estimate”, “expect” and “intend” and statements that an event or
result “may”, “will”, “should”, “could” or “might” occur or be
achieved and other similar expressions. All statements, other than
statements of historical fact, included herein are forward-looking
statements, including statements in respect of the closing of the
Private Placement and the use of proceeds. Although Ascot believes
that the expectations reflected in such forward-looking statements
and/or information are reasonable, undue reliance should not be
placed on forward-looking statements since the Ascot can give no
assurance that such expectations will prove to be correct. These
statements involve known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking
statements, including the risks, uncertainties and other factors
identified in the Ascot’s periodic filings with Canadian securities
regulators, and assumptions made with regard to: the estimated
costs associated with construction of the Project; the timing of
the anticipated start of production at the Projects; the ability to
maintain throughput and production levels at the Premier Mill; the
tax rate applicable to the Company; future commodity prices; the
grade of Resources and Reserves; the ability of the Company to
convert inferred resources to other categories; the ability of the
Company to reduce mining dilution; the ability to reduce capital
costs. Forward-looking statements are subject to business and
economic risks and uncertainties and other factors that could cause
actual results of operations to differ materially from those
contained in the forward-looking statements. Important factors that
could cause actual results to differ materially from Ascot’s
expectations include risks associated with the business of Ascot;
risks related to exploration and potential development of Ascot’s
projects; business and economic conditions in the mining industry
generally; fluctuations in commodity prices and currency exchange
rates; uncertainties relating to interpretation of drill results
and the geology, continuity and grade of mineral deposits; the need
for cooperation of government agencies and indigenous groups in the
exploration and development of properties and the issuance of
required permits; the need to obtain additional financing to
develop properties and uncertainty as to the availability and terms
of future financing; the possibility of delay in exploration or
development programs and uncertainty of meeting anticipated program
milestones; uncertainty as to timely availability of permits and
other governmental approvals; risks associated with COVID-19
including adverse impacts on the world economy, construction timing
and the availability of personnel; and other risk factors as
detailed from time to time and additional risks identified in
Ascot’s filings with Canadian securities regulators on SEDAR in
Canada (available at www.sedar.com). The timing of future economic
studies; labour disputes and other risks of the mining industry;
delays in obtaining governmental approvals, financing or in the
completion of Project as well as those factors discussed in the
Annual Information Form of the Company dated March 26, 2021 in the
section entitled "Risk Factors", under Ascot’s SEDAR profile at
www.sedar.com. Forward-looking statements are based on estimates
and opinions of management at the date the statements are made.
Ascot does not undertake any obligation to update forward-looking
statements.
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