Vancouver, BC — June 26, 2018, Ethos Gold Corp. (“Ethos” or the “Company”) (TSXV:ECC) is pleased to announce that Michael Murphy, BA, MBA, MSc., ICD has joined the board of directors of Ethos.
Mr. Murphy is a co-founder and director of Torex Gold Resources Inc. Mr. Murphy was responsible for identifying the Morelos Gold project in Guerrero Mexico as an acquisition opportunity, negotiating the purchase of Morelos from Teck in a very competitive environment, arranging a $240million+ financing to support this acquisition, and in recruiting the board and management. Morelos has now been brought into production at ~370,000 oz per year. He is also the President and Chief Executive Officer of RedZone Resources Inc., a company focused on acquiring and developing battery metals projects. Mr. Murphy previously spent 15 years working in institutional equities in London, with Merrill Lynch, Donaldson, Lufkin & Jenrette and Credit Suisse, where he ran the Credit Suisse hedge fund coverage team. Mr. Murphy graduated from the University of British Columbia with a Bachelor of Arts, from Saint Mary’s University with a Master of Business Administration and from the London School of Economics and Political Science with a Master of Science in Finance and he is a certified director, ICD.
Ethos also announces that it has granted, under its Share Option Plan, incentive stock options to certain directors, officers and consultants of the Company to purchase an aggregate of 2,650,000 common shares exercisable for a period of up to five years from the date of grant at a price of $0.17 per share. This grant is subject to acceptance by the TSX Venture Exchange.
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
Forward-Looking Statement Cautions:
This press release contains 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
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.