RUGBY ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS
25 Maio 2022 - 7:30AM
Rugby Mining Limited (“Rugby” or the “Company”) (TSX-V: RUG) is
pleased to report the return of Mr. Paul Joyce to the Board of
Directors.
Rugby’s former President, CEO, a founding
director and current Chief Operating Officer, Mr. Paul Joyce will
rejoin the Board of Directors effective immediately.
Mr. Joyce graduated with a Bachelor of Arts in
the field of Earth Sciences from Macquarie University, Sydney in
1972 and completed a postgraduate Diploma of Geo-science, majoring
in Mineral Economics. Paul is a Fellow of the Australian Institute
of Geo-scientists and has over 40 years of exploration and
development experience in gold and copper deposits in Australia,
South East Asia, Central and South America. His past work
experience includes Senior Geologist for Cyprus Gold Australia,
Exploration Manager for Climax Mining Ltd and Country
Manager-Philippines for Climax Arimco Mining Corp.
Rugby’s President and CEO, Mr. Bryce Roxburgh
stated, “We are very pleased that Paul has agreed to rejoin the
Board of Directors. We are planning advanced exploration programs
in Colombia and Argentina and Paul’s expertise will be welcomed by
the Board.”
Concurrent to Mr. Joyce’s reappointment, the
Company reports that Mr. Peter Love has resigned as a member of
Rugby’s Board of Directors.
About RugbyRugby is an
exploration company conducting “discovery stage” exploration on
targets in Colombia, Argentina and Chile. The Company’s focus is
the potential discovery of a high-grade copper molybdenum porphyry
system at Cobrasco in Colombia. In Argentina the Company is
actively advancing exploration on El Zanjon, a gold-silver project
in the prolifically mineralized Deseado Massif of Patagonia. In
Chile, Rugby is exploring for high-grade silver-copper-gold at the
Salvadora Project in the El Indio Gold Belt. Rugby also controls a
large portfolio of gold projects and/or applications in Colombia
which are moving through the process for title grant.
Rugby benefits from the experience of its
directors and management, a team that has either been directly
responsible for world-class mineral discoveries or have been part
of the management teams responsible for such discoveries. Prior
companies under their management included Exeter Resource
Corporation and Extorre Gold Mines Limited, which held significant
projects in South America. These companies were taken over by
Goldcorp (Newmont) and Yamana respectively.
For additional information you are invited to visit the Rugby
Mining Limited website at www.rugbymining.com.
Rob Grey, VP, Corporate Communications
Tel:
604.688.4941 Fax: 604.688.9532
Suite
810, 789 West Pender St.Toll-free: 1.855.688.4941
Vancouver,
BC Canada V6C 1H2info@rugbymining.com
Certain of the statements made and information
contained herein is “forward-looking information” within the
meaning of the British Columbia, Alberta and Ontario Securities
Acts. This includes statements concerning the Company’s proposed
exploration plans for the Salvadora project in Chile, progress on
obtaining approval for its exploration concession applications in
Colombia, the expected timing of drilling and/or geophysics
programs, budgeted costs to conduct exploration programs including
drilling, high grade potential and potential for mineral
discoveries at its projects and the style or occurrence of the
mineralization which involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance
or achievements of the Company, or industry results, to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
information. The Company holds certain of its projects, including
Salvadora, under option agreements, which require annual cash
payments, expenditure and/ or drilling requirements in order to
maintain its interest. Should the Company not be able to meet its
obligations or renegotiate the agreements it will lose its rights
under the option agreement. Forward-looking information is subject
to a variety of risks and uncertainties which could cause actual
events or results to differ from those reflected in the
forward-looking information, including, without limitation, the
effect on prices of major mineral commodities such as copper and
gold by factors beyond the control of the Company; events which
cannot be accurately predicted such as political and economic
instability, terrorism, environmental factors and changes in
government regulations and taxes; the shortage of personnel with
the requisite knowledge and skills to design and execute
exploration programs; difficulties in arranging contracts for
drilling and other exploration services; the Company’s dependency
on equity market financings to fund its exploration programs and
maintain its mineral exploration properties in good standing;
political risk that a government will change, interpret or enforce
mineral tenure, environmental regulations, taxes or mineral
royalties in a manner that could have an adverse effect on the
Company’s assets or financial condition and impair its ability to
advance its mineral exploration projects or raise further funds for
exploration; risks associated with title to resource properties due
to the difficulties of determining the validity of certain claims
as well as the potential for problems arising from the
interpretation of laws regarding ownership or exploration of
mineral properties in the Philippines, Argentina, Chile and
Colombia and in the sometimes ambiguous conveyancing characteristic
of many resource properties, currency risks associated with foreign
operations, the timing of obtaining permits to conduct exploration
activities, the ability to conclude agreements with local
communities and other risks and uncertainties, the ongoing effects
of the COVID 19 pandemic and including those described in each of
the Company’s management discussion and analysis and those
contained in its financial statements for the year ended February
28, 2021 filed with the Canadian Securities Administrators and
available at www.sedar.com. In addition, forward-looking
information is based on various assumptions including, without
limitation, assumptions associated with exploration results and
costs and the availability of materials and skilled labour. Should
one or more of these risks and uncertainties materialize, or should
underlying assumptions prove incorrect, actual results may vary
materially from those described in forward-looking statements.
Accordingly, readers are advised not to place undue reliance on
forward-looking information. Except as required under applicable
securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking information, whether as a
result of new information, future events or otherwise.
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
Rugby Resources (TSXV:RUG)
Gráfico Histórico do Ativo
De Fev 2025 até Mar 2025
Rugby Resources (TSXV:RUG)
Gráfico Histórico do Ativo
De Mar 2024 até Mar 2025