VANCOUVER, BC, Dec. 1, 2020 /CNW/ - FireFox Gold Corp.
("FireFox" or the "Company") is pleased to announce that
Janice Craig, CPA, CGA, is joining
the FireFox team as Chief Financial Officer and Corporate
Secretary, effective December
1st, 2020. Andrew MacRitchie has served as
CFO since the Company's inception in 2017 and is leaving to focus
on other opportunities.
"The Board would like to extend its gratitude to Andrew not only for his excellent performance
as CFO, but, also for his valuable role as a co-founder of the
Company, where his unwavering support and perseverance helped build
FireFox into the exciting company that it is today,"
commented FireFox CEO Carl Löfberg. "We are
now looking forward to having Janice on board and I believe that
her diverse experience in high growth corporate and entrepreneurial
environments will contribute to the future success of
FireFox."
Ms. Craig is a Chartered Public Accountant who has held
management roles in several publicly listed mining companies over
her career working on gold, tungsten and coal projects in
North America, Central America and Europe. In addition, her most recent role was
Interim Finance Lead at Canadian Nuclear Labs, where she managed an
annual budget of over $1B for a
business of 3,500 individuals. She brings to the table a strong
background in financial reporting, strategic planning, cash
management and change management. Ms. Craig has also utilized her
leadership and communication skills on non-profit boards and
committees for over 14 years.
Other Business
FireFox also announces that the Board of Directors has approved
the grant of stock options to certain officers, employees, and
consultants of the Company allowing for the acquisition of up to,
in the aggregate, 500,000 shares of the Company. The grant is
pursuant and subject to the terms and conditions of the Company's
existing stock option plan. The options are exercisable at a price
of $0.25 per share for a period of
five years from the date of grant and are subject to the approval
of the TSX Venture Exchange and all regulatory approvals.
About FireFox Gold Corp.
FireFox Gold Corp is listed on the TSX Venture stock exchange
under the ticker symbol FFOX. The Company has been exploring for
gold in Finland since 2017 where
it holds a project portfolio that includes over 170,000 hectares of
prospective ground.
Finland is one of the top
mining investment jurisdictions in the world as indicated by its
multiple top-10 rankings in recent Fraser Institute Surveys of
Mining Companies. Having a strong mining law and long mining
tradition, Finland remains
underexplored for gold. Recent exploration results in the country
have highlighted its prospectivity, and FireFox is proud to have a
Finland based CEO and technical
team.
For more information, please refer to the Company's website and
profile on the SEDAR website at www.sedar.com.
On behalf of the Board of Directors,
"Carl Löfberg"
Chief Executive Officer
Forward Looking Statements
The information herein contains forward looking statements that
are subject to a number of known and unknown risks, uncertainties
and other factors that may cause actual results to differ
materially from those anticipated in our forward-looking
statements. Factors that could cause such differences include:
changes in world commodity markets, equity markets, the extent of
work stoppage and economic impacts that may result from the COVID
19 virus, costs and supply of materials relevant to the mining
industry, change in government and changes to regulations affecting
the mining industry.
Forward-looking statements in this release may include
statements regarding: the current and future work program,
including the extent and nature of exploration to be conducted in
2020, as well as the planned drilling meterage on the properties
described. Although we believe the expectations reflected in our
forward-looking statements are reasonable, results may vary. The
forward-looking statements contained herein represent the
expectations of FireFox as of the date of dissemination and,
accordingly, are subject to change after such date. Readers should
not place undue importance on forward-looking statements and should
not rely upon this information as of any other date. FireFox does
not undertake to update this information at any particular time
except as required in accordance with applicable laws.
SOURCE FireFox Gold Corp.