K92 Mining Appoints Cyndi Laval to Board of Directors
November 26 2019 - 7:00AM
K92 Mining Inc. (“
K92” or the
“
Company”) (TSX-V:
KNT; OTCQX:
KNTNF) is pleased to announce the appointment of
Cyndi Laval to its Board of Directors.
Ms. Laval is a partner in Gowling WLG's
Vancouver office. She is a past leader of the firm's national
Corporate Finance, M&A and Private Equity Group, as well as a
former co-leader and current member of its Mining Group. She has
over 25 years of experience specializing in the areas of mining
law, corporate finance, mergers and acquisitions, and
securities.
Cyndi was named one of Vancouver's 30 leading
lawyers by the National Post and is recognized as a leading lawyer
in the following publications: Legal 500 Canada 2019; The Best
Lawyers in Canada 2019; Canadian Legal Lexpert Directory 2018; and
Lexpert's Leading Canadian Lawyers in Global Mining Guide
2018/2019.
Prior to joining private law practice, Ms. Laval
worked in the policy department of the TSX Venture Exchange, where
she was a member of the Exchange's Local Advisory Committee from
2006 to 2013 and an instructor of the TSX Venture Exchange Rules
and Tools Corporate Governance Workshop from 2004 to 2010. She has
also given lectures at several other conferences and seminars.
“We are delighted to welcome Cyndi Laval to our
Board,” said Tookie Angus, K92’s Chairman. “The addition
of Cyndi will complement the talent, strength and diversity of
our Board. We look forward to the contributions that her
strong capital markets, securities and mining industry experience
will bring to meeting the Company’s strategic objectives."
Concurrent with the appointment of Ms. Laval,
the Company has granted to her 225,000 incentive stock options (the
“Stock Options”) under its incentive stock option plan (the
“Plan”). The Stock Options have an exercise price of $2.17 per
share, expire five years from the date of grant, and will vest
periodically over the next 12 months in accordance with the
Plan.
About K92
K92 Mining Inc. is engaged in the production of
gold, copper and silver from the Kora and Kora North deposits of
the Kainantu Gold Mine in the Eastern Highlands province of Papua
New Guinea, as well as exploration and development of mineral
deposits in the immediate vicinity of the mine. The Company
declared commercial production from Kainantu in February 2018 and
has commenced an expansion of the mine. An updated Preliminary
Economic Assessment on the property was published in January 2019.
K92 is operated by a team of mining company professionals with
extensive international mine-building and operational
experience.
ON BEHALF OF THE COMPANY,
John Lewins, Chief Executive Officer and
Director
www.k92mining.com
For further information, please contact David
Medilek at +1-604-687-7130.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION
SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
INFORMATION:
This news release includes certain
“forward-looking statements” under applicable Canadian securities
legislation. Forward-looking statements are necessarily based upon
a number of estimates and assumptions that, while considered
reasonable, are subject to known and unknown risks, uncertainties,
and other factors which may cause the actual results and future
events to differ materially from those expressed or implied by such
forward-looking statements. All statements that address future
plans, activities, events, or developments that the Company
believes, expects or anticipates will or may occur are
forward-looking information, including statements regarding the
realization of the preliminary economic analysis for the Kainantu
Gold Mine, expectations of future cash flows, the ongoing plant
expansion, potential expansion of resources and the generation of
further drilling results which may or may not occur.
Forward-looking statements and information contained herein are
based on certain factors and assumptions regarding, among other
things, the market price of the Company’s securities, metal prices,
exchange rates, taxation, the estimation, timing and amount of
future exploration and development, capital and operating costs,
the availability of financing, the receipt of regulatory approvals,
environmental risks, title disputes, failure of plant, equipment or
processes to operate as anticipated, accidents, labour disputes,
claims and limitations on insurance coverage, changes in government
regulations and other risks of the mining industry, changes in
national and local government regulation of mining operations, and
regulations and other matters.. There can be no assurance that such
statements will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking statements. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
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