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Jefferson Gregory has resigned as a member of Comstock Metals’ (TSXV:CSL) board of directors for personal reasons. The board of directors has appointed Robert Luffman to fill the vacancy left by Mr. Gregory. Mr. Luffman is a Canadian CPA, CMA (certified management accountant), who has close to 30 years of financial experience in a variety of businesses and charitable endeavors. Mr. Luffman currently serves as the chief financial officer of Gracetree Investments LLC, a family office in Bristol, Tenn.
Jefferson Gregory has resigned as a member of Comstock Metals’ (TSXV:CSL) board of directors for personal reasons. The board of directors has appointed Robert Luffman to fill the vacancy left by Mr. Gregory. Mr. Luffman is a Canadian CPA, CMA (certified management accountant), who has close to 30 years of financial experience in a variety of businesses and charitable endeavors. Mr. Luffman currently serves as the chief financial officer of Gracetree Investments LLC, a family office in Bristol, Tenn.
In connection with the resignation the 300,000 options granted to Mr. Gregory in his capacity as a director have been cancelled and 300,000 options have been granted to Mr. Luffman. Each option is exercisable into one common share at an exercise price of 19.5 cents at any time on or before the fifth anniversary of its issuance.
About Comstock Metals Ltd.
Comstock Metals Ltd. is a Canadian-focused mineral exploration company with two 100-per-cent-owned resource-stage gold projects: the Preview SW gold project in Saskatchewan and the QV gold project in Yukon.
Comstock also owns the early-stage Old Cabin gold project in Ontario and uranium claims in the Patterson Lake area of Saskatchewan and has optioned out its Corona property in Mexico (see Comstock’s news release dated Jan. 28, 2016).
Dr. David A. Terry, PhD, PGeo, a qualified person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure in this news release.
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