TORONTO, Jan. 25, 2017 /CNW/ - Richmont Mines Inc. (TSX:
RIC) (NYSE: RIC) ("Richmont" or the "Corporation") announces the
appointment of Mr. Robert J. Chausse
as Chief Financial Officer effective March
20, 2017.
Rob brings with him an extensive background of more than 20
years of international finance and mining experience. Most recently
Rob was Chief Financial Officer of Stornoway Diamonds, prior to
which he was Executive Vice President & Chief Financial Officer
of AuRico Gold from 2013 to 2015.
His past experience also includes Vice President of Finance,
Operations and Projects for Kinross
Gold, a position he held from 2009 to 2013. He also served
as Chief Financial Officer for Baffinland Iron Mines Corporation
from 2006 to 2009 and held increasingly senior positions with
Barrick Gold from 1998 to 2006. Rob
received his Chartered Accountant designation in 1990.
"We are very pleased to have Rob join the Richmont team at such
a pivotal time in the Corporation's history. Rob's collaborative
leadership style, combined with the depth of his experience will be
an asset for the company and our shareholders. His appointment
significantly strengthens the senior management team and advances
our strategic plan of positioning Richmont as a best-in-class gold
producer." stated Renaud Adams, CEO.
"As an accomplished executive, Rob brings a solid background in the
mining industry and a disciplined approach to value creation
throughout the organization."
About Richmont Mines Inc.
Richmont Mines currently
produces gold from the Island Gold Mine in Ontario, and the Beaufor Mine in Quebec. The Corporation is also advancing
development of the significant high-grade resource extension at
depth of the Island Gold Mine in Ontario. With 35 years of experience in gold
production, exploration and development, and prudent financial
management, the Corporation is well-positioned to cost-effectively
build its Canadian reserve base and to successfully enter its next
phase of growth.
Forward-Looking Statements
This news release contains
forward-looking statements that include risks and uncertainties.
When used in this news release, the words "estimate", "project",
"anticipate", "expect", "intend", "believe", "hope", "may",
"objective" and similar expressions, as well as "will", "shall" and
other indications of future tense, are intended to identify
forward-looking statements. The forward-looking statements are
based on current expectations and apply only as of the date on
which they were made. Except as may be required by law or
regulation, the Corporation undertakes no obligation and disclaims
any responsibility to publicly update or revise any forward-looking
statements or information, whether as a result of new information,
future events or otherwise.
The factors that could cause actual results to differ materially
from those indicated in such forward-looking statements include
changes in the prevailing price of gold, the Canadian-United States
exchange rate, grade of ore mined and unforeseen difficulties in
mining operations that could affect revenue and production costs.
Other factors such as uncertainties regarding government
regulations could also affect the results. Other risks may be set
out in Richmont Mines' Annual Information Form, Annual Reports and
periodic reports. The forward-looking information contained herein
is made as of the date of this news release.
SOURCE Richmont Mines