TICKER SYMBOLS: TSX:LAM; ASX:LAM; OTCQX:LMRXF
TORONTO, Nov. 23, 2021 /CNW/ - Laramide Resources Ltd.
("Laramide" or the "Company") (TSX: LAM) (ASX: LAM)
(OTCQX: LMRXF) is pleased to announce the appointment of
Jacqueline Allison, CFA, PhD, PGeo,
FCIM, as a new Non-Executive Director effective immediately.
Ms. Allison holds a PhD in Mineral Economics from McGill University, a Professional Geoscientist
(Ontario) designation, and a
Chartered Financial Analyst (CFA) designation.
Ms. Allison brings more than 20 years of Canadian and
international experience at major institutions in the fields of
mineral economics, financial analysis, investment management and
investor relations. Previously, she was VP Investor Relations and
Strategic Analysis for Augusta Group of Companies, with similar
senior executive capacities at Dominion Diamond Corp. and Hudbay
Minerals Inc. Prior to that, she served as a VP and Research
Analyst at various banking institutions, including BMO Harris
Investment Management Inc.
Ms. Allison is also currently the Chair of the Management and
Economics Society of the Canadian Institute of Mining, Metallurgy
and Petroleum (CIM), and a Corporate Director for both McMillan
Research in London, UK, as well as
Ride HOVR Corporation in Toronto.
John G. Booth, Chairman of the
Board for Laramide Resources Ltd., stated, "We are very pleased to
welcome Jacqueline Allison to
Laramide's Board of Directors as we continue to advance our
recently announced exploration of the Murphy Uranium Project in the
Northern Territory of Australia,
as well as our Westmoreland Uranium Project and our portfolio of
in-situ resource and traditional hard rock uranium assets in
the United States. Her background
in mineral economics should complement well the diverse skill sets
already present in the existing board and we all look forward to
working with her to create shareholder value."
As a result of this announced expansion, the Board will be
composed of John G. Booth as
Non-Executive Chairman, President and CEO Marc Henderson, Scott
Patterson, Raffi Babikian and
Jacqueline Allison.
To learn more about Laramide, please visit the Company's website
at www.laramide.com.
About Laramide Resources:
Laramide is a Canadian-based company with diversified uranium
assets strategically positioned in the
United States and Australia
that have been chosen for their low-cost production potential.
Laramide's Churchrock and Crownpoint properties form a leading In-Situ
Recovery (ISR) division that benefits from significant mineral
resources and near-term development potential. Additional U.S.
assets include La Jara Mesa in Grants,
New Mexico, and La Sal in
the Lisbon Valley district of Utah. The Company's Australian advanced stage
Westmoreland is one of the largest
uranium projects currently held by a junior mining company.
Laramide is listed on the TSX: LAM and ASX: LAM and in the United States on the OTCQX: LMRXF.
Forward-looking Statements and Cautionary Language
This release includes certain statements that may be deemed
to be "forward-looking statements". All statements in this release,
other than statements of historical facts, that address events or
developments that management of the Company expect, are
forward-looking statements. Forward-looking statements are
frequently, but not always, identified by words such as "expects",
"anticipates", "believes", "plans", "projects", "intends",
"estimates", "envisages", "potential", "possible", "strategy",
"goals", "objectives", or variations thereof or stating that
certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved, or the negative of any of
these terms and similar expressions. Actual results or developments
may differ materially from those in forward-looking statements.
Laramide disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise, save and except as may be
required by applicable securities laws.
Since forward-looking information address future events and
conditions, by their very nature they involve inherent risks and
uncertainties. Actual results could differ materially from those
currently anticipated due to a number of factors and risks. These
include, but are not limited to, exploration and production for
uranium; delays or changes in plans with respect to exploration or
development projects or capital expenditures; the uncertainty of
resource estimates; health, safety and environmental risks;
worldwide demand for uranium; uranium price and other commodity
price and exchange rate fluctuations; environmental risks;
competition; incorrect assessment of the value of acquisitions;
ability to access sufficient capital from internal and external
sources; and changes in legislation, including but not limited to
tax laws, royalties and environmental regulations.
Actual results, performance or achievement could differ
materially from those expressed in, or implied by, the
forward-looking information and, accordingly, no assurance can be
given that any of the events anticipated by the forward-looking
information will transpire or occur, or if any of them do so, what
benefits may be derived therefrom and accordingly, readers are
cautioned not to place undue reliance on the forward-looking
information.
SOURCE Laramide Resources Ltd.