Lighthouse Gold Appoints Mr. Evangelos "Gelly" Gnissios to Advisory Board
14:00 Uhr | The Newswire
Former Guyana Frontier Mining CEO Brings Direct Sardine Hill and Guyana Exploration Experience
Vancouver - Lighthouse Gold Corp. ("Lighthouse" or the "Company") is pleased to announce the appointment of Evangelos ("Gelly") Gnissios to the Company's Advisory Board.
Mr. Gnissios is a seasoned entrepreneur, business strategist and capital markets professional with extensive experience advising growth-stage companies across the natural resources, technology and innovation sectors. He holds an Executive MBA from Warwick Business School (London) and has served as a director, board advisor and senior executive for multiple public and private companies. Of particular relevance to Lighthouse, Mr. Gnissios served as Chair of the Board, and President and CEO of Guyana Frontier Mining Corp., one of the companies that previously explored the Sardine Hill-Mariwa Gold District. Through that involvement, he developed firsthand knowledge of the geological potential, historical exploration programs and strategic significance of the district that today hosts Lighthouse's recently acquired Sardine Hill Gold Property.
As a member of Lighthouse's Advisory Board, Mr. Gnissios will provide strategic guidance to management as the Company advances its growing portfolio of gold exploration assets in Guyana, including the Sardine Hill Gold Property and Aurora NW Project.
"We are delighted to welcome Gelly as the first member of Lighthouse's Advisory Board," stated Will Rascan, Interim Chief Executive Officer of Lighthouse Gold. "His entrepreneurial background, capital markets expertise and previous involvement with Guyana Frontier Mining's work in the Sardine Hill-Mariwa district provide Lighthouse with a unique perspective as we advance exploration in one of Guyana's most prospective emerging gold camps. Gelly's familiarity with the district and its exploration history will be a valuable asset as we work to unlock the full potential of Sardine Hill."
Mr. Gnissios commented, "Having followed and participated in exploration activities within the Sardine Hill-Mariwa district, I recognize the significant opportunity represented by Lighthouse's land position. The district has attracted exploration interest from several respected operators over the years and remains underexplored relative to its potential. I am excited to join the Advisory Board and assist the Company as it advances its Guyana-focused growth strategy."
The formation of Lighthouse's Advisory Board is intended to strengthen the Company's technical, strategic and capital markets capabilities as it advances exploration programs and evaluates additional growth opportunities within Guyana's rapidly emerging gold sector.
The Company also announced that it has granted 600,000 stock options pursuant to its equity incentive plan. The options are exercisable for a period of three (3) years at a price of $0.215 per share, subject to CSE policies.
About Lighthouse Gold
Lighthouse Gold is a Canadian gold exploration company focused on advancing high-potential exploration and mining assets in Guyana.
ON BEHALF OF THE BOARD OF DIRECTORS
Geoff Balderson, CFO & Director
For further information regarding Lighthouse, please contact.
Will Rascan
Interim CEO
will@lighthousegold.com
Forward-Looking Statements
This news release contains or incorporates by reference "forward-looking statements" and "forward-looking information" as defined under applicable Canadian securities legislation. All statements, other than statements of historical fact, which address events, results, outcomes, or developments that the Company expects to occur are, or may be deemed, to be, forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "anticipate," "expect," "suggest," "plan," "believe," "intend,", "intention" "estimate," "target," "project," "should," "could," "would," "may," "will," "forecast" and other similar expressions. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties, including but not limited to any remaining risks or uncertainties associated with completion of the Name and Symbol Change and/or matters therewith associated and/or completion of the Name and Symbol Change and expected initial trading date for the same.
Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, the need for additional capital by the Company through financings, and the risk that such funds may not be raised; the speculative nature of exploration and the stages of the Company's properties; the effect of changes in commodity prices; regulatory risks that development of the Company's material properties will not be acceptable for social, environmental or other reasons, availability of equipment (including drills) and personnel to carry out work programs, that each stage of work will be completed within expected time frames, that current geological models and interpretations prove correct, the results of ongoing work programs may lead to a change of exploration priorities, and the efforts and abilities of the senior management team. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements or information. These and other factors may cause the Company to change its exploration and work programs, not proceed with work programs, or change the timing or order of planned work programs. Additional risk factors and details with respect to risk factors that may affect the Company's ability to achieve the expectations set forth in the forward-looking statements contained in this news release are set out in the Company's latest management discussion and analysis under "Risks and Uncertainties", which is available under the Company's SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company's forward-looking statements and information are based on the assumptions, beliefs, expectations, and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information.
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