The Board of Directors of Ethos Gold Corp. today announces, with great sadness, the sudden death of its founder, President and Chief Executive Officer, Gary Freeman.
Gary was prolific venture capital financier and company builder, and contributed to the success of many Canadian listed issuers. He was a promoter in the very best sense of the word, and was known for his unique brand of charm and sense of humour. Notably, he was formerly the President and Chief Executive Officer of Pediment Gold Corp. from 2005 to 2011, raising funding and executing on various exploration campaigns, leading to the discovery of the San Antonio deposit, the purchase of the La Colorada mine, and the sale of Pediment to Argonaut Gold Inc. for approximately $140 million.
Craig Roberts, a director of Ethos, commented, “We are greatly saddened by Gary’s passing. The Board and the Company are indebted to Gary for his leadership, boundless energy and dedication, and significant contributions to Ethos during his tenure. He leaves behind many grateful colleagues and good friends. The Board’s thoughts are with Gary’s family at this very difficult time.”
Mr. Roberts, has been appointed by the Board to serve as President and Chief Executive Officer on an interim basis to oversee daily operations and corporate strategy. Mr. Roberts will act in such capacity until the Board identifies an appropriate candidate for the position of President and Chief Executive Officer.
For additional information please contact Craig Roberts at 604-682-4750 or view the Company’s website, www.ethosgold.com.
Ethos Gold Corp.
Per: "Craig Roberts"
Craig Roberts P.Eng., President & CEO
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Forward-Looking Statement Cautions:
This press release may contain certain "forward-looking statements" within the meaning of Canadian securities legislation, including statements regarding the Company’s planned 2019 exploration program for its Pine Pass project. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the risk of accidents and other risks associated with mineral exploration operations, the risk that the Company will encounter unanticipated geological factors, or the possibility that the Company may not be able to secure permitting and other governmental clearances, necessary to carry out the Company's exploration plans, and the risk of political uncertainties and regulatory or legal changes in the jurisdictions where the Company carries on its business that might interfere with the Company's business and prospects. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects