Compass Appoints Stephen Eddy to Board of Directors

Compass Gold Corp. (TSXV: CVB,OTC:COGDF) (Compass or the Company) is pleased to announce the appointment of Stephen Eddy to the Board of Directors.

"On behalf of our Board and Executive team, I can say that we are extremely pleased to have Stephen join us, particularly as the Company is advancing its strategy to develop its first small gold mine in Mali and to generate cash flow for operations in the near future," said Compass Chairman Joe Conway. "His background and experience fit perfectly with our vision to turn Compass from an explorer to a growing gold producer."

Compass CEO Larry Phillips added, "I have known and worked with Stephen for many years, including during my years at IAMGOLD, and we are honoured to have him join our team, adding both his expertise and his commitment to help us to drive ahead for the benefit of all of our stakeholders."

Mr. Eddy is a strategic financial executive with over two decades of experience leading capital markets transactions, risk management, and corporate development in the international mining sector. As Senior Vice President of Business Development at IAMGOLD, he spearheaded $900M in acquisitions and $2.4B in divestitures, including landmark deals such as the $500M sale of Niobec and a $195M strategic investment by Sumitomo. Known for his sharp financial acumen, collaborative leadership, and ability to unlock value in complex, high-stakes environments, Stephen has guided transformative projects such as the turnaround of the Côté Gold project in Ontario. A Chartered Professional Accountant, Master of Management and Professional Accounting (MMPA) graduate from Rotman School of Management and holds an honours BA in Economics from the University of Western Ontario, he brings a rigorous analytical approach, a passion for growth, and a commitment to operational excellence. Stephen excels in aligning strategy with execution to drive shareholder value and position organizations for long-term success.

About Compass Gold Corp.
Compass, a public company having been incorporated into Ontario, is a Tier 2 issuer on the TSX-V. Through the 2017 acquisition of MGE and Malian subsidiaries, Compass holds gold exploration permits located in Mali that comprise the Sikasso Property. The exploration permits are located in three sites in southern Mali with a combined land holding of 1,173 sq. km. The Sikasso Property is located in the same region as several multi-million-ounce gold projects, including Morila, Syama, Kalana and Komana. The Company's Mali-based technical team, led in the field by Dr. Madani Diallo and under the supervision of Dr. Sandy Archibald, P.Geo, is conducting the current exploration program. They are examining numerous anomalies first noted in Dr. Archibald's August 2017 "National Instrument 43-101 Technical Report on the Sikasso Property, Southern Mali."

Forward‐Looking Information
This news release contains "forward‐looking information" within the meaning of applicable securities laws, including statements regarding the Company's planned exploration work and management appointments. Readers are cautioned not to place undue reliance on forward‐looking information. Actual results and developments may differ materially from those contemplated by such information. The statements in this news release are made as of the date hereof. The Company undertakes no obligation to update forward‐looking information except as required by applicable law.

For further information, please contact:

Compass Gold Corporation Compass Gold Corporation
Larry Phillips – Pres. & CEO Greg Taylor – Dir. Investor Relations & Corporate Communications
lphillips@compassgoldcorp.com gtaylor@compassgoldcorp.com
T: +1 416-596-0996 X 302 T: +1 416-596-0996 X 301

 

Website: www.compassgoldcorp.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265572

News Provided by Newsfile via QuoteMedia

CVB:CA
The Conversation (0)
Chris Vermeulen, gold bars.

Chris Vermeulen: Gold Price to US$3,100? "Epic" Chance to Buy Ahead

Chris Vermeulen, chief market strategist at TheTechnicalTraders.com, shares his outlook for gold and silver, saying the precious metals have entered a bear market.In his view, gold could fall as low as US$3,100 per ounce as this downtrend plays out — however, after that he expects a dramatic... Keep Reading...
Gold coins and arrow pointing up.

Digital Gold Could Unlock US$700 Billion in Additional Demand

A new study from the World Gold Council (WGC) and Boston Consulting Group (BCG) finds that the digital gold market could attract up to US$700 billion in additional demand as access improves and investor confidence strengthens.The report, titled “Digital Gold: Unlocking a US$700bn Opportunity,”... Keep Reading...
Peruvian Metals Announces New High-Grade Au-Ag Results at Palta Dorada

Peruvian Metals Announces New High-Grade Au-Ag Results at Palta Dorada

Peruvian Metals Corp (TSXV: PER,OTC:DUVNF) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") is pleased to announce new high-grade Gold ("Au") and Silver ("Ag") results from the main San Juan Vein taken on the Au-Ag exposed in the underground workings on its 100% owned Palta Dorada... Keep Reading...
Gold and silver bars on scales over financial chart.

Editor's Picks: Gold, Silver Shrug Off Hot Inflation Data, Prices Bounce Back

The gold price dropped and then bounced back this week, sinking to around US$4,080 per ounce midway through the period before recovering.Silver put on a similar performance, sinking below US$56 per ounce.We'll get into what caused those declines in a moment, but before we do, I want to flag that... Keep Reading...
Gold bars with "5 Top Australian Mining Stocks" text overlay.

Top 5 Australian Mining Stocks This Week: Gwardar Resources Leads with Gain of Over 35 Percent

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, copper, helium and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what drove their... Keep Reading...
Dr. Mark Thornton: Gold, Silver's Next Leg — This "Engine" to Drive Prices?

Dr. Mark Thornton: Gold, Silver's Next Leg — This "Engine" to Drive Prices?

Dr. Mark Thornton, senior fellow at the Mises Institute, shares his outlook for gold and silver, laying out the factors that have been weighing on prices and commenting on what may kick off their next leg higher — in his view, the return of speculators could provide a boost. "Speculators we... Keep Reading...

Interactive Chart

Latest Press Releases

Related News