(NASDAQ:DRAM) With the recently announced closing of the
acquisition of US Gold Corp. and name change, the company is
pleased to announce the addition of new Independent Directors to
its Board. The following Directors have been appointed upon the
completion of the merger:
Mr. Timothy M. Janke has been serving as a
member of the Board of Directors of US Gold Corp. since April 2016.
In addition, he has been serving as the Chief Operating Officer of
Pershing Gold Corp. (NASDAQ:PGLC) since August 2014. Since November
2010, Mr. Janke has been the president of his own consulting
business providing mine operating and evaluation services to
several mining companies. Beginning in July 2012, he provided
consulting services at the Relief Canyon Project advising the
Company on mine start-up plans and related activities. From June
2010 to August 2014, Mr. Janke served as Vice President and Chief
Operating Officer of Renaissance Gold, Inc. and its predecessor
AuEx Ventures, Inc. He was General Manager-Projects for Goldcorp
Inc. and its predecessor Glamis Gold, Inc. from July 2009 to May
2010, Vice President and General Manager of the Marigold Mine from
February 2006 to June 2009, and its Manager of Technical Services
from September 2004 to January 2006. Since August 2011, Mr. Janke
has served as a director for Renaissance Gold. He is a past
Director of both the Nevada Mining Association, and Silverado Area
Council Boy Scouts. He has a B.S. in Mining Engineering from the
Mackay School of Mines. Mr. Janke is qualified to serve on our
Board because of his more than 40 years of engineering and
operational experience in the mining industry, and broad range of
expertise in mining operations throughout the USA, Canada and
Australia. Mr Janke will Chair the Technical Committee for US Gold
Corp.
Mr. James Dale Davidson has been a member of
S.A.C.S. OF Beaverton LLC since 2015, founding Director of Vamos
Holdings since 2012, Director of Solar Avenir since 2016, founding
Director of Telometrix since 2016, and founding Managing Member of
Goldrock Resources, LLC since 2016. Mr. Davidson first became
active in the mining business after his forecast of the collapse of
the Soviet Union was bore out. After several small successes, Mr.
Davidson teamed with Richard Moores in 1996 to launch Anatolia
Minerals with an initial capital of $800,000. At its peak, the
company attained a market cap of $3.5 billion. Mr. Davidson, a
graduate of Oxford University, has had a successful career as a
serial entrepreneur. He is the author of Blood in the Streets:
Investment Profits in a World Gone Mad, The Great Reckoning:
Protect Yourself in the Coming Depression and The Sovereign
Individual (all with Lord William Rees-Mogg) and Brazil is the New
America, The Age of Deception, and The Breaking Point. Mr. Davidson
qualified to serve on our Board because of his experience in mining
operations and corporate governance. Mr. Davidson will Chair the
Nominating and Compensation Committees.
Mr. John N. Braca is a financial executive and
business partner with a strong track record in accounting, audit
committee, portfolio management, venture capital fundraising, as
well as financial and operational management. He has served as a
Director and board observer for development companies over the
course of his career. Mr. Braca has also served as an active member
of both Audit and Compensation Committees for both public and
private companies and has led several of the public companies as
the Chairman of the Audit Committee. Mr. Braca has been a Director
of Sevion Therapeutics since October 2003. Since April 2013, Mr.
Braca has been the President and sole proprietor of JNB Consulting,
which provides strategic business development counsel to high
growth companies. From August 2010 through April 2013, Mr. Braca
had been the executive director controller for Iroko
Pharmaceuticals, a privately-held global pharmaceutical company
based in Philadelphia. From April 2006 through July 2010, Mr. Braca
was the managing director of Fountainhead Venture Group, an
information technology venture fund based in the Philadelphia area,
and has been working with both investors and developing companies
to establish exit and business development opportunities. From May
2005 through March 2006, Mr. Braca was a consultant and advisor to
GlaxoSmithKline management in their research operations. From 1997
to April 2005, Mr. Braca was a general partner and director of
business investments for S.R. One Limited, or S.R. One, the venture
capital subsidiary of GlaxoSmithKline. In addition, from January
2000 to July 2003, Mr. Braca was a general partner of Euclid SR
Partners Corporation, an independent venture capital partnership.
Prior to joining S.R. One, Mr. Braca held various finance and
operating positions of increasing responsibility within several
subsidiaries and business units of GlaxoSmithKline. Mr. Braca is a
licensed Certified Public Accountant (CPA) in the state of
Pennsylvania and is affiliated with the American Institute of
Certified Public Accountants and the Pennsylvania Institute of
Certified Public Accountants. Mr. Braca received a Bachelor of
Science in Accounting from Villanova University and a Master of
Business Administration in Marketing from Saint Joseph’s
University. Mr. Braca is qualified to serve on the Board because of
his deep knowledge of financial and operational issues; extensive
experience in operational and executive management, deep governance
acumen, and strong knowledge of early stage and public companies.
Mr. Braca will Chair the Audit Committee.
US Gold Corp’s President and CEO Mr. Edward Karr stated, “We are
pleased to welcome our new Independent Directors to our Board. Each
of our new Independent Directors is highly experienced in their
respective fields. As a young, entrepreneurial company, we will be
working closely with our Board and Independent Directors for
overall guidance and counsel. As a NASDAQ publicly traded gold
exploration company, we welcome the incredible experience of our
new Directors in corporate governance, audit committee, nominating,
compensation and technical committee experience. I would like to
personally thank both Mr. Trent Davis and Mr. Michael Markulec for
the contributions to the Dataram Board over the years.”
About US Gold Corp. US Gold Corp is a publicly
traded U.S. focused gold exploration and development company. US
Gold Corp. has a portfolio of development and exploration
properties. Copper King is located in South East Wyoming and has a
historical Preliminary Economic Assessment (PEA) done by Mine
Development Associates in 2012 for Strathmore. Keystone is an
exploration property on the Cortez trend in Nevada, identified and
consolidated by Dave Mathewson. For more information about US Gold
Corp, please visit www.usgoldcorp.gold
Dataram is an independent manufacturer of memory products and
provider of performance solutions that increase the performance and
extend the useful life of servers, workstations, desktops and
laptops sold by leading manufacturers such as Dell, Cisco, Fujitsu,
HP, IBM, Lenovo and Oracle. Dataram's memory products and solutions
are sold worldwide to OEMs, distributors, value-added resellers and
end users. Additionally, Dataram manufactures and markets a line of
Intel Approved memory products for sale to manufacturers and
assemblers of embedded and original equipment. 70 Fortune 100
companies are powered by Dataram. Founded in 1967, the Company is a
US based manufacturer, with presence in the United States, Europe
and Asia. For more information about Dataram, visit
www.dataram.com.
Safe HarborThe information provided in this
press release may include forward-looking statements relating to
future events, such as the exploration success of US Gold Corp,
development of new Dataram products, pricing and availability of
raw materials or the future financial performance of the Company.
Actual results may differ from such projections and are subject to
certain risks including, without limitation, risks arising from:
changes in the price of gold and mining industry cost inputs,
memory chips, changes in the demand for memory systems, increased
competition in the memory systems industry, order cancellations,
delays in developing and commercializing new products, risks with
respect to US Gold Corp faced by junior companies generally engaged
in exploration activities, and other factors described in the
Company's most recent Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q and Current Reports on Form 8-K, including the Risk
Factors with respect to U.S. Gold contained in the Current Report
on Form 8-K filed on June 13, 2016, filed with the Securities and
Exchange Commission, which can be reviewed at www.sec.gov.
The Company has based these forward-looking statements on its
current expectations and assumptions about future events. While
management considers these expectations and assumptions to be
reasonable, they are inherently subject to significant business,
economic, competitive, regulatory, and other risks, contingencies,
and uncertainties, most of which are difficult to predict and many
of which are beyond the Company's control. The Company does not
assume any obligations to update any of these forward-looking
statements.
For additional information, please contact:
US Gold Corp Contact:
Edward Karr
President & CEO
info@usgoldcorp.gold
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