Sandspring Retains Investor Relations Consultant
April 29 2014 - 7:00AM
Marketwired
Sandspring Retains Investor Relations Consultant
DENVER, COLORADO--(Marketwired - Apr 29, 2014) - Sandspring
Resources Ltd. ("Sandspring" or the "Company") (TSX-VENTURE:SSP)
Sandspring is pleased to announce that it has retained the
part-time investor relations consulting services of Naomi Nemeth to
enhance the Company's profile and create greater awareness of the
Company's plans and objectives among the global investment
communities, with an emphasis on highlighting the progress of the
Toroparu Project in Guyana.
Ms. Nemeth is a
seasoned investor relations professional with more than 25 years'
experience, the past ten of which have been focused on the mining
industry with companies such as Banro Corp (gold mining in the
Democratic Republic of the Congo), Loncor Resources (gold
exploration in the DRC) Desert Sun Mining (acquired by Yamana
Gold), Wolfden Resources (acquired by Zinifex), African Copper,
Homeland Energy and Continental Gold. Ms. Nemeth began her career
as a geologist working in the Yukon, Northwest Territories and
Ontario and has an undergraduate degree in geology and biology from
Brock University and a Master's degree in journalism from the
University of Western Ontario.
The Consulting
Agreement with Ms. Nemeth has an initial term of six months and
provides for a monthly payment to Ms. Nemeth of $5,000 per month.
In addition, Ms. Nemeth is eligible to participate in the Company's
stock option plan. The Consulting Agreement is subject to the
approval of the TSX Venture Exchange.
About Sandspring
Sandspring Resources
Ltd. is a Canadian junior mining company currently in advanced
exploration and moving toward a definitive feasibility study for
the multi-million ounce Toroparu Project in the Republic of Guyana.
Visit Sandspring's website at www.sandspringresources.com.
Additional
information on Sandspring can be viewed on SEDAR under the
Company's profile at www.sedar.com or on Sandspring's website at
www.sandspringresources.com. This press release includes certain
forward-looking statements concerning future performance and
operations of the Company, including management's objectives,
strategies, beliefs and intentions. Forward-looking statements are
frequently identified by such words as "may", "will", "plan",
"expect", "anticipate", "estimate", "intend" and similar words
referring to future events and results. Forward-looking statements
are based on the current opinions and expectations of management at
the time such statements are made. All forward-looking statements
and information is inherently uncertain and may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements or information.
Forward-looking
statements are subject to a variety of assumptions, risks and
uncertainties, including the speculative nature of mineral
exploration and development, fluctuating commodity prices, changes
in project parameters as plans continue to be refined,
uncertainties of project cost overruns or unanticipated costs and
expenses, uncertainties inherent in conducting operations in a
foreign country, uncertainties related to the availability and
costs of financing needed in the future, uncertainties related to
the ability to enter into the contracts necessary to develop the
mining project on reasonable terms, the risk that the conclusion of
pre-production studies may not be accurate, the risk that the
Company may be unable to successfully advance the Toroparu Project
to feasibility, risks that the Company may not obtain positive
results from ongoing evaluation and testing of multiple gold
targets located elsewhere in the Company's landholdings, operating
or technical difficulties in connection with mining or development
activities, labour disputes, and contests over title to properties,
particularly title to undeveloped properties, among other risks as
described in our public filings available at www.sedar.com. Actual
events or results may differ materially from those projected in the
forward-looking statements and we caution against placing undue
reliance thereon. Sandspring Resources Ltd. has an ongoing
obligation to disclose material information, as it becomes
available.
Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Sandspring Resources Ltd.Richard A. MunsonChief Executive
Officer(720)
854-0104info@sandspringresources.comwww.sandspringresources.com
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