TUDOR GOLD appoints Catalin Kilofliski as director of corporate development and communications
VANCOUVER, BC, April 22, 2019 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company” or “Tudor Gold”) is pleased to announce the appointment of Mr. Catalin Kilofliski as Director of Corporate Development and Communications effective immediately. This recently created position is part of the Company’s commitment to materially expanding its market presence as a prime exploration company focused on precious and base metals in British Columbia’s Golden Triangle, an area that hosts past-producing mines and several large deposits that are approaching potential development.
Mr. Kilofliski brings over two decades of senior leadership and extensive expertise in mining, senior management, corporate development and capital markets within several private or publicly listed junior exploration companies. Most recently, he served as the President and CEO of Locrian Resources, a private exploration company in Vancouver and as the CEO of TSX Listed Canarc Resource Corp. Before that position he worked for Aurcana Corporation and Selwyn Resources Ltd. Mr. Kilofliski’s academic background includes earning a BA degree in Business Administration and Finance from the University of Economics, Bucharest, Romania.
Mr. Kilofliski commented, “I am thrilled to be joining Tudor Gold and look forward to driving the Corporate Development and Communications activities.”
Walter Storm, President and CEO added, “We are very excited to have Catalin on board and look forward to leveraging his expertise and track record in steering Tudor Gold’s corporate development and communications tasks.
In connection with the appointment, the Company granted to Mr. Kilofliski the amount of 300,000 stock options for the purchase of up to 300,000 shares of the Company at an exercise price of $0.40 per share, expiring on April 22, 2024. The options will vest over three years.
About TUDOR GOLD
TUDOR GOLD Corp. is a precious and base metals explorer with properties in British Columbia’s Golden Triangle, an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.’s KSM property to the southwest and borders Pretium Resources Inc.’s Brucejack property to the southeast. The Company also has a 100% interest in the Crown Project, earn in options and 100% interests in other prospective projects located in the Golden Triangle area.
Neither 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.
Cautionary Statements regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connation thereof.
Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company’s planned exploration activities will be completed in a timely manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.
The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.