LONGUEUIL, Québec, Nov. 27, 2024 (GLOBE NEWSWIRE) — Greenheart Gold Inc. (TSXV: GHRT) (the Firm or Greenheart Gold) is happy to announce the appointment of Karim Michel Nasr to its Board of administrators and Doug Flegg as Senior Vice President, Company Improvement.
We’re more than happy to have Karim Nasr be a part of our board of administrators acknowledged David Fennell, Government Chairman of Greenheart Gold. Karim brings with him a wealth of expertise in capital markets and company technique and will probably be a fantastic useful resource for Greenheart Gold as we place the Firm for future development.
Mr. Nasr has over 25 years of expertise in company finance and investments, particularly within the know-how, media and telecom (™T), and mining sectors. He’s presently Chief Funding Officer and Managing Accomplice at G Capital. Mr. Nasr joined La Mancha Useful resource Capital in 2018 as Chief Monetary Officer and he was Managing Accomplice & co-Chief Funding Officer from 2019 to October 2024. From 2011 to 2017, he was Chief Government Officer of Digital World Capital LLP, an alternate asset supervisor specialised in ™T and suggested shoppers on particular scenario investments. From 2001 to 2011, Mr. Nasr was a member of the Government and Funding Committee of Wind Telecom (BCBA:) and Orascom Telecom, answerable for company finance, elevating over US$68 billion in capital and shutting over US$67 billion in merger and acquisition transactions. Mr. Nasr beforehand served on the boards of G Mining Ventures Corp., Horizonte Minerals plc., Elemental Altus Royalties Corp. and Golden Star Assets (NYSE:) Ltd. Mr. Nasr holds a grasp’s diploma in administration from the College of Paris IX.
Justin van der Toorn, President and CEO of Greenheart Gold commented We’re happy to welcome Doug to the senior administration group of Greenheart Gold. Doug’s mixture of technical background in geology and over 38 years in numerous positions in capital markets, are nicely suited to assist the Firm obtain its purpose of sustaining a robust monetary place and a supportive shareholder base.
Mr. Flegg has over 38 years’ expertise in mining finance together with senior positions in analysis, portfolio administration and international fairness gross sales. Beforehand, Mr. Flegg was Managing Director International Mining Gross sales with BMO Capital Markets, the place he was concerned in elevating $35 billion in over 200 company financings. Since 2016 Doug has been working carefully with the boards and senior government groups of junior mining corporations, most lately with that of Reunion Gold, offering enterprise growth, technique and financing recommendation. Mr. Flegg holds a CFA constitution, has obtained each an MBA and a B.Sc. in Geology from Queen’s College, Kingston and has expertise as an exploration geologist.
Grant of Inventory Choices
The Firm additionally publicizes that it has granted incentive inventory choices to buy as much as a complete of 6,750,000 frequent shares of the Firm at an train value of $0.60 to sure officers, administrators, workers and key consultants of the Firm in accordance with the Firm’s inventory possibility plan. The inventory choices are exercisable for a interval of 5 years expiring on November 26, 2029, and are vesting in three tranches over a interval of two years. The grant of the choices is topic to the approval of the TSX Enterprise Alternate.
About Greenheart Gold Inc.
Greenheart Gold is an exploration firm that builds on a confirmed legacy of discoveries throughout the Guiana Protect, a extremely potential geologic terrain that hosts quite a few gold deposits but stays comparatively under-explored. The Firm is led by former executives and exploration group of Reunion Gold, a group that was most lately famous for the invention and delineation of the multi-million-ounce Oko West deposit in Guyana, which was bought to and being superior to manufacturing by G Mining Ventures. Greenheart Gold intends to construct on its technical information, robust relationship base and success from exploring within the Guiana Protect to assemble, preserve and discover a portfolio of early-stage exploration tasks in Guyana and Suriname which might be potential for orogenic gold deposits.
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Greenheart Gold trades on the TSX Enterprise Alternate below the image ˜GHRT’. Further details about the Firm is offered on SEDAR+ (www.sedarplus.ca) and the Firm’s web site (www.greenheartgold.com).
For additional info, please contact:
GREENHEART GOLD INC.
Justin van der Toorn, President and CEO, or
Doug Flegg CFA, Senior V.P. Company Improvement
E: d.flegg@greenheartgold.com
E: data@greenheartgold.com
Phone: +1 450-800-2882
Cautionary Assertion on Ahead-Wanting Info
All statements, apart from statements of historic reality, contained on this press launch represent forward-looking info and forward-looking statements throughout the which means of sure securities legal guidelines and are based mostly on expectations and projections as of the date of this press launch. Ahead-looking statements contained on this press launch embody, with out limitation, these associated to the Firm’s plans and targets.
Ahead-looking statements are based mostly on beliefs, expectations, estimates and projections as of the time of this press launch. Ahead-looking statements are essentially based mostly upon quite a lot of estimates and assumptions that, whereas thought-about cheap by the Firm as of the time of such statements, are inherently topic to important enterprise, financial and aggressive uncertainties and contingencies. These estimates and assumptions might show to be incorrect. Many of those uncertainties and contingencies can straight or not directly have an effect on, and will trigger, precise outcomes to vary materially from these expressed or implied in any forward-looking statements. By their very nature, forward-looking statements contain inherent dangers and uncertainties, each common and particular in nature, together with amongst others, these dangers and uncertainties set forth within the Itemizing Utility (Kind 2B) dated August 30, 2024, administration’s dialogue and evaluation for the three months ended September 30, 2024 and different paperwork and experiences filed by the Firm with Canadian securities regulators out there below the Firm’s profile on SEDAR+ at www.sedarplus.ca, and the danger that estimates, forecasts, projections and different forward-looking statements is not going to be achieved or that assumptions don’t mirror future outcomes. Ahead-looking statements are supplied for the aim of offering details about administration’s expectations and plans regarding the longer term. Readers are cautioned to not place undue reliance on these forward-looking statements as quite a lot of vital threat components and future occasions might trigger the precise outcomes to vary materially from the beliefs, plans, targets, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. The Firm cautions that the checklist of things set forth within the Firm’s filings which will have an effect on future outcomes isn’t exhaustive, and new, unforeseeable dangers might come up sometimes. The Firm disclaims any intention or obligation to replace or revise any forward-looking statements or to clarify any materials distinction between subsequent precise occasions and such forward-looking statements, besides to the extent required by relevant regulation.
Neither the TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this press launch.
Supply: Greenheart Gold Inc
