VANCOUVER, BC, April 11,
2022 /CNW/ - Zacapa Resources Ltd. (TSXV:
ZACA) (OTCQB: ZACAF) (DE: BH0) is pleased to announce that it
has appointed Michelle Borromeo as
Vice President of Investor Relations. Ms. Borromeo has over 15
years of Investor Relations, Corporate Development and Strategic
Communications experience within the natural resource and renewable
energy sectors. She joins Zacapa from MARS Investor Relations,
where she held the role of Vice President of Corporate Development.
Her prior experience within the resource sector include such roles
as VP Investor Relations for Miller Energy Resources, Corporate
Communications Manager for Chakana
Copper and Investor Relations Manager for Fission Energy.
Ms. Borromeo holds a Bachelor of Science Degree from Simon Fraser University.
Michelle Borromeo, Vice President
of Investor Relations of Zacapa commented: "Zacapa has received a
positive reception from the market since its listing on the TSX
Venture Exchange in January 2022. I
am excited to become a part of this exceptional group of
professionals and am committed to ensuring shareholders are kept
well informed of the value creation by the exploration team - I
look forward to driving this effort."
Adam Melnik, CEO and Director of
Zacapa commented: "Zacapa is privileged to have Ms. Borromeo on its
team. She is a consummate professional, well connected within the
metals and mining industry, and attuned to the needs of the global
investment community. We look forward to her leadership in
strengthening existing relationships and in establishing new ones
as we work to position Zacapa as a preferred partner and premier
investment vehicle for copper and gold exploration in the southwest
United States."
Zacapa has granted 525,000 incentive stock options to new
employees. The stock options are exercisable at a price of
$0.70 and will expire on January 26, 2027. The incentive stock options
were granted pursuant to Zacapa's shareholder-approved stock option
plan and are subject to the policies of the TSX Venture Exchange
and any applicable regulatory hold periods.
About Zacapa
Resources
Zacapa is a copper and gold focused mineral exploration company
engaged in responsible exploration for the new energy economy. Its
projects are concentrated in world class jurisdictions in the
southwest U.S., including Arizona,
Nevada, and Idaho. The portfolio includes porphyry copper
projects at Red Top, Pearl, and Dewdrop Moon, and epithermal gold
projects at South Bullfrog and Miller
Mountain. These assets are being advanced by a highly
disciplined and seasoned professional team with successful track
records of discovery, resource development and mine permitting.
For more information, please visit www.zacaparesources.com. All
documents are available on Zacapa's profile page on SEDAR at
www.sedar.com.
On behalf of the Board of Directors,
"Adam Melnik"
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.
Forward Looking Statements – Certain information set forth in
this news release may contain forward-looking statements that
involve substantial known and unknown risks and uncertainties. All
statements within, other than statements of historical fact, are to
be considered forward looking. Although Zacapa 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. Zacapa
cautions that all forward-looking statements are inherently
uncertain, and that actual performance may be affected by a number
of material factors, many of which are beyond Zacapa's control.
Accordingly, actual and future events, conditions and results may
differ materially from the estimates, beliefs, intentions and
expectations expressed or implied in the forward-looking
information. Readers are advised to rely on their own evaluation of
such uncertainties. Except as required under applicable securities
legislation, Zacapa undertakes no obligation to publicly update or
revise forward-looking information.
SOURCE Zacapa Resources