Aldebaran Announces Appointment Of Director
July 15 2019 - 5:49PM
Aldebaran Resources Inc.
(“
Aldebaran” or the “
Company”)
(
TSX.V – ALDE) is pleased to announce that James
McDonald has been appointed to the Board of Directors. Mr. McDonald
has more than 30 years of combined technical and financial
experience in the mining sector. He co-founded and
successfully developed National Gold, which merged with Alamos
Minerals and went on to form Alamos Gold for which he was a
Director and served on numerous committees until June 2012. Mr.
McDonald also served as President of Genco Resources which operated
the La Guitarra Silver Mine located in Mexico. Mr. McDonald is the
founder, President, CEO and a director of Kootenay Silver Inc.
and a co-founder and director of Northern Vertex Mining Corp.
Mr. Gordon P. Leask has concurrently resigned
from the Board of Directors.
John Black, CEO of Aldebaran, commented: "We are
delighted that Jim McDonald has joined the Aldebaran Board. Jim has
extensive experience exploring in Argentina and his expertise is a
welcome addition to the team as we advance the Altar project. We
sincerely thank Gordon Leask for his contributions and services as
a director of the Company and wish him all the best in the
future.”
The Company has granted options to Mr. McDonald
to purchase 200,000 shares at $1.25 per share for a period of 5
years, in accordance with the Company’s Stock Option Plan. The
options granted to Mr. McDonald are priced at the same level as the
Company’s last financing price in September 2018 and are at a
premium to the current market price. Mr. McDonald’s Board
appointment and grant of options are subject to TSX Venture
Exchange approval.
For further information on Aldebaran
Resources, please consult our website at
www.aldebaranresources.com or
contact:
Aldebaran Resources Inc. John E. Black, CEO /
DirectorPhone: +1 303 618-7797 mobile+1 720 514-9036 officeEmail:
info@aldebaranresources.com |
About Aldebaran Resources
Inc.
Aldebaran is a recently formed mineral
exploration company that was spun out of Regulus Resources Inc. and
has the same core management team. Aldebaran has the right to earn
up to an 80% interest in the Altar copper-gold project in San Juan
Province, Argentina from Sibanye-Stillwater. Altar hosts a
large porphyry copper-gold system with mineralization currently
defined in three distinct zones. Aldebaran also has a
portfolio of earlier stage exploration projects located in
Argentina, with the primary assets being Rio Grande and Aguas
Calientes.
Neither the TSX Venture Exchange, nor its
Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
Caution Regarding Forward-Looking Statements
This press release includes certain statements
that may be deemed “forward-looking statements”. All
statements in this discussion, other than statements of historical
facts, that address future exploration drilling, exploration
activities, anticipated metal production, internal rate of return,
estimated ore grades, commencement of production estimates and
projected exploration and capital expenditures (including costs and
other estimates upon which such projections are based) and events
or developments that the Company expects, are forward looking
statements. Although the Company believes the expectations
expressed in such forward looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include metal prices, exploration
success, continued availability of capital and financing, and
general economic, market or business conditions. Accordingly,
readers should not place undue reliance on forward-looking
statements.
Aldebaran Resources (TSXV:ALDE)
Historical Stock Chart
From Jun 2024 to Jul 2024
Aldebaran Resources (TSXV:ALDE)
Historical Stock Chart
From Jul 2023 to Jul 2024