corporate finance vs corporate development

Visionary Welcomes Mr. Drew Clark to its Board of Directors, Announces Results from AGM and More Than Doubles Land Holdings Along the Lewiston Gold Trend

(TheNewswire)



VANCOUVER, British Columbia - TheNewswire - January 18 th , 2021 - Visionary Gold Corp. (" Visionary " or the " Company ") (TSXV:VIZ) is pleased to announce that Mr. Drew Clark has joined its Board of Directors. Mr. Clark has been Vice President of Corporate Development for Metalla Royalty & Streaming Ltd. since 2017 where he has assisted in growing the company's portfolio from 18 royalties and streams to 62 in little over 3 years, during which time the company's market cap has increased more than 12-fold to over $600M. Mr. Clark has fifteen years of experience within the mining sector as a research analyst, investment banker and corporate development professional. Prior to his role at Metalla, he held the position of VP Corporate Finance covering royalty and streaming companies at a boutique Toronto-based investment bank.  Mr. Clark's corporate development career includes Carlisle Goldfields and Premier Royalty Corp. which were acquired by Alamos Gold and Sandstorm Gold, respectively. Drew obtained his Bachelor of Commerce Degree from McGill University and is a CFA Charterholder.

Visionary CEO Wes Adams states, "We are very happy that Mr. Clark has accepted the invitation to join our Board of Directors. He has a very strong mining background and firsthand experience building successful companies. Utilizing his deal-making skills, extensive network and company building expertise will be an important aspect of Visionary's growth going forward as we advance our flagship Wolf Gold Project and continue to build our new company."

Visionary is also pleased to announce that it has staked new claims on its Wolf and Miz Claim groups along the Lewiston Gold Trend and has leased mineral rights on 2,960 acres of lands owned by the State of Wyoming located within the past producing Miner's Delight Formation in Fremont County. Visionary's land holdings now total 25.02km 2 , up from the 10.25km 2 announced September 30 th , 2020.

Furthermore, Visionary held its Annual General and Special Meeting of Shareholders on Thursday, January 14, 2021, where Visionary shareholders unanimously approved the reappointment of John Kanderka, Wesley Adams, Marc Blythe, Darren Lindsay and the key addition of Drew Clark as Directors of the Company.  Shareholders also approved the reappointment of DeVisser Gray LLP as the Company's auditors as well as the Company's Stock Option Plan.

Visionary Gold Corp. , (TSX-V: VIZ) is a precious metals focused, mineral exploration company based in Vancouver, British Columbia, Canada, with Operations in Wyoming, USA. The Company is currently focused on the Wolf Gold Project, in Fremont County Wyoming, USA. For additional information, please visit the Company's website at: https://www.visionarygoldcorp.com/

Contact:

Wes Adams, Chief Executive Officer

Visionary Gold Corp.

410-325 Howe Street

Vancouver, British Columbia, CanadaV6C 1Z7

Tel: (303) 809-4668

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of Canadian securities legislation. These include, without limitation, statements with respect to the advancement of the Wolf Gold Project. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to capital and operating costs varying significantly from management estimates; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; inflation; fluctuations in commodity prices; delays in the development of projects; and the other risks involved in the mineral exploration and development industry generally. Although the Company believes that the assumptions and  factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, Visionary disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

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.

Copyright (c) 2021 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

The Conversation (0)
Antilles Gold Limited

Strategy for Cuban Mining Joint Venture

Antilles Gold Limited (“Antilles Gold” or the “Company”) (ASX: AAU, OTCQB: ANTMF) is pleased to advise that on 28 June 2024 Shareholders of the Cuban joint venture mining company, Minera La Victoria SA, formally adopted previously agreed modifications to the existing Joint Venture Agreement.

Keep reading...Show less
Line going up, finger pointing to top of line.

5 Top Weekly TSXV Stocks: Gowest Gold Jumps 86 Percent on Deal to Go Private

The S&P/TSX Venture Composite Index (INDEXTSI:JX) lost 0.89 points last week to close at 569.82.

The US Bureau of Economic Analysis released its latest personal consumption expenditures (PCE) data this past Friday (June 28) in its Personal Income and Outlays report. The PCE minus food and energy is the favored index of the US Federal Reserve.

The report stated that the PCE price index rose 2.6 percent year-over-year in May, and increased just 0.1 percent month-over-month compared to April. This year-over-year increase marks the lowest since March of 2021, the last time it was below the central bank’s target 2 percent inflation rate.

Keep reading...Show less

Prospector Announces Strategic Equity Investment By B2Gold

Prospector Metals Corp. (TSXV: PPP) (OTCQB: PMCOF) (FSE: 1ET) ("Prospector" or the "Company") is pleased to announce that B2Gold Corp. (TSX: BTO) (NYSE American: BTG) (NSX: B2G) ("B2Gold") has agreed to complete a strategic investment into the Company. Pursuant to the transaction B2Gold has agreed to subscribe for an aggregate of 5,578,720 common shares of the Company (the "Shares") at a price of C$0.163 per Share for aggregate gross proceeds to the Company of $909,311.36 (the "Offering").

Rob Carpenter, CEO and Director of Prospector, said, "We are excited to have B2Gold as a keystone shareholder in Prospector Metals and our team is looking forward to their technical input on our flagship ML Project, Yukon. B2Gold is a major global gold producer with a strong commitment to communities, sustainable mining and employee safety. This investment and technical partnership will allow Prospector to advance the ML project more efficiently and it represents an endorsement of our exploration philosophy and targeting methods."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Newmont Welcomes Industry Veteran Red Conger to Board of Directors

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today announced the appointment of Harry M. (Red) Conger to its Board of Directors, who will also serve on the Safety and Sustainability Committee. Red brings over 46 years of extensive mining and leadership experience to Newmont's Board of Directors, having recently retired from Teck Resources, where he served as President and Chief Operating Officer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240627078254/en/

News Provided by Business Wire via QuoteMedia

Keep reading...Show less
Astral Resources (ASX:AAR)

Astral Resources NL (ASX: AAR) – Trading Halt

Description

The securities of Astral Resources NL (‘AAR’) will be placed in trading halt at the request of AAR, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 2 July 2024 or when the announcement is released to the market.

Keep reading...Show less
Pile of gold bars over black background.

Top 5 Gold Stocks on the TSX in 2024

The price of gold soared to record highs during the second quarter of 2024, reaching US$2,450.05 on May 19.

The historic gains were due to several factors including waning inflationary figures and speculation an improving economic outlook would cause the US Federal Reserve to begin cutting rates. Gold prices also saw continued momentum from central bank buying in April and slower outflows to Western ETFs.

However, the gold price saw its biggest drop in two years at the beginning of June as a strong jobs report cut the likelihood of a September rate cut and the People’s Bank of China reported it made no gold purchases in May.

Keep reading...Show less

Latest Press Releases

Related News

×