VANCOUVER, Sept. 18, 2019 /CNW/ - PRIZE MINING
CORPORATION ("Prize" or the "Company") (TSXV:PRZ)
(OTCQB:PRZFF) (MQSP:GR:FRANKFURT) announces the resignation of
Michael McPhie as CEO, President and
a Director of Prize. Gary Claytens has been appointed as CEO,
President and Director on an interim basis.
Mr. McPhie will remain as a consultant to the company and will
assist with transitional matters and advancing the company's
interests in British Columbia,
Mexico and Ontario.
The Board of Directors wishes to thank Mr. McPhie for his
efforts and leadership in managing and advancing the company over
the past year and a half. During his tenure the company
acquired and advanced the Manto Negro copper-silver project in
Mexico and funded and undertook
successful exploration drill programs in both BC and Mexico.
He also negotiated the acquisition of the Carscallen Gold property
in Ontario and recently launched
the renaming and rebranding of the company. Mr. McPhie is
leaving Prize to focus on his company Falkirk Resource and
Environmental Consultants and to continue his work as Chairman of
the Board of Directors at Ridley Terminals Inc.
About Gary Claytens
Mr. Claytens has a Bachelors Degree in Economics from UBC and
brings over 30 years of experience in the resource exploration
field, from mining to oil and gas. Mr. Claytens has held
positions with various producing mining and oil companies that are
both public and private. Previously, Mr. Claytens held the
position of stockbroker with Yorkton Securities in the mid 1980's,
before being hired as a mining analyst with a mid-sized exploration
company in Vancouver. He
currently serves as a Director and Vice President of Vanstar Mining
Resources who have an exciting gold discovery in Quebec with Iamgold. Mr. Claytens is
also the founder and CEO of a private oil and gas company with
light oil production in Alberta.
About Prize Mining Corp.
Prize is a junior mining issuer listed on the TSX Venture
Exchange. Prize is focused on the exploration and development
of the Manto Negro Copper Property in Mexico and the Kena Gold Property in BC.
Shareholders recently approved a change of name for Prize to
Boundary Gold and Copper Mining Ltd. and the
Company is waiting on final approval for the name change from the
TSX-V. Find out more at: www.prizemining.com
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SOURCE Prize Mining Corporation