VANCOUVER, Sept. 6, 2017 /CNW/ - Dynasty Gold Corp.
(TSX-V: DYG) (FWB: D5G) (OTC: DGDCF) ("Dynasty" or the "Company")
is pleased to provide a corporate update:
Annual General Meeting and New
directors
The shareholders passed all
resolutions put forward at the Annual General Meeting held on
June 13, 2017.
Messrs Richard Redfern and
Bryan Wilson, both with strong
geological backgrounds and senior executive experience, joined the
Board of directors at the Annual General Meeting. Their
credentials complement the Board and strengthen the Company's
efforts in advancing its 100% owned Nevada gold property, new project acquisitions
and capital market activities.
- Richard Redfern is a Certified
Professional Geologist and Qualified Person under NI 43-101.
Richard's career spans over 35 years, including working for
Barrick Gold, Goldstake Explorations
and Homestake Mining in their worldwide exploration operations. His
most significant accomplishment was the discovery of the Moly Dome
molybdenum-rhenium-gold-silver porphyry deposit in northern
Nevada.
- Bryan Wilson has been the
Director, Exploration Business Development for Centerra Gold since
2008. Bryan brings 28 years of experience in senior level mining
and exploration. Prior to his current role, Bryan was a President
for a number of junior exploration companies and also worked in
Toronto's financial markets for 12
years as a Mining Analyst for C.M.
Oliver, Dominick & Dominick Securities Inc., and as a
Corporate Finance Specialist for Thames Capital.
Golden Repeat, Nevada
The Company renewed its 100% owned
Nevada claims located in the
Elko County, in the prolific Midas
region of Nevada. The Drilling
permit is in the process of being renewed through depositing
additional bonds with BLM.
The Golden Repeat property is
located 15 kilometers from Klondex's Midas and Hollister Mine. The
Property is an integral northern part of the main Clover
gold-silver deposit system that is owned and controlled by Waterton
Global Mining.
Share Consolidation
The amendment of Company's Article
which allows the directors to initiate capital structuring was
approved by the shareholders at the most recent Annual General
Meeting. Subject to the Exchange's approval, the Company's
common shares shall be consolidated on the basis of eight
pre-consolidation common shares for one post-consolidation common
share.
About Dynasty Gold Corp.
Dynasty Gold Corp. is a Canadian gold exploration company
currently engaging in property review, acquisition, exploration and
development. For more information on the Company and its
projects, please refer to the website
www.dynastygoldcorp.com.
ON BEHALF OF THE BOARD OF DYNASTY GOLD CORP.
"Ivy Chong"
_________________________________
Ivy Chong, President & CEO
This press release contains certain "forward-looking
statements" that involve a number of risks and uncertainties. There
can be no assurance that such statements will prove to be accurate
and actual results and future events could differ materially from
those anticipated in such statements. Neither TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Dynasty Gold Corp.