VANCOUVER, June 22, 2015 -
True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") today appointed David Laing as Chief Operating Officer ("COO"), effective June 22, 2015.
David joins True Gold from Quintana Resources, a base metals streaming company, where he was COO and lead the origination and execution of stream financing transactions. He was also one of the original executives of
Endeavour Mining Corporation as the group grew from one mine in Burkina Faso to a 500,000 ounce gold producer in West Africa. He was an integral part of the acquisition and integration of three junior gold producers and led the feasibility of a fourth project, in Burkina Faso. Mr. Laing brings a unique combination of a technical background as a mining engineer with strong capital market acumen to help steer True Gold's growth strategy.
Prior to these recent roles, David held senior positions in mining investment banking at Standard Bank in New York, technical consulting at MRDI in California, the Refugio project at
Bema Gold Corp. and various roles at
Billiton, Royal Dutch Shell's mining business.
Christian Milau, Chief Executive Officer said, "I am really pleased to be working with David again. He brings a wealth of experience in mining, project development, finance and company building. David's role in overseeing the technical completion of construction and transition into production at Karma is an excellent addition to our already strong management team. David and I worked side by side over the last five years and we are looking forward to leading the Company into production as well as focusing on its growth strategy."
Mr. Laing holds a B.Sc. Mining Engineering (Honors) from the Royal School of Mines, Imperial College, University of London, England.
David Laing stated, "I am very excited to be joining True Gold today. The Karma project is an excellent foundation asset on which to build a mid-tier mining company. The Company has very strong technical and capital markets teams and we are at an exciting point as we work to build True Gold into an industry leader."
About True Gold
True Gold Mining Inc. is where gold comes to life. We are committed to growing a successful gold exploration, development and production company, by focusing on projects with low costs, low technical risks and solid economics. The Company's board, management and technical teams have proven track records in gold exploration, development, operations and production worldwide.
Additional information about the Company and its activities may be found on the Company's website at www.truegoldmining.com and under the Company's profile at www.sedar.com.
ON BEHALF OF THE BOARD
Christian Milau
President & CEO
Neither the 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.
Except for statements of historical fact relating to True Gold, certain information contained herein constitutes "forward-looking statements". The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in True Gold's public filings, which may be accessed at www.sedar.com. Other than as specifically required by law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, whether as a result of new information, future events, results or otherwise.
Contact
True Gold Mining Inc.
Vancouver Office:
Tel: 604-801-5020
info@truegoldmining.com
