Highvista Gold Inc. Announces the Resignation of Its President and CEO
31 July 2014 - 7:00AM
Marketwired Canada
Highvista Gold Inc. ("Highvista" or the "Company") (TSX VENTURE:HVV) announces
that Mr. Richard Adams will resign as President and Chief Executive Officer of
the Company effective August 29, 2014. Mr. Adams will continue in his role of
President and CEO until August 29, 2014 and as a director for a short time
thereafter in order to assist Highvista with the transition to a new President
and CEO.
Mr. Adams resigned as CEO in order to pursue an opportunity within the mining
group at an investment bank.
Edmund King, a director of Highvista, commented, "On behalf of Highvista and its
board of directors, I want to thank Rick for his commitment and contributions to
Highvista. Although we are sorry to hear Rick will be leaving us in the near
future, we wish him the best of luck in his new role."
About Highvista
Highvista owns 100% of a Mexican subsidiary that controls the 24,055 hectare
Canasta Dorada Gold Project. This project is located in the Sonoran Gold Belt
immediately adjacent to AuRico Gold's El Chanate Mine. The El Chanate Extension,
which represents approximately 30 percent of the Canasta Dorada Gold Project was
optioned by Highvista to AuRico Gold, as previously announced on June 28, 2013.
Details of Highvista's Canasta Dorada Project can be viewed at the Company's
website at www.highvistagold.com.
Reader Advisory
Certain statements in this press release constitute "forward-looking
statements". These forward-looking statements include, but are not limited to,
the anticipated resignation date of Mr. Adams as the President and CEO of
Highvista and anticipated appointment of a new President and CEO.
Forward-looking statements express, as at the date of this press release, the
Company's plans, estimates, forecasts, projections, expectations, or beliefs as
to future events or results. Forward-looking statements are based on certain
assumptions, including the key assumptions and parameters on which such
estimates are based, involve risks and uncertainties and there can be no
assurance that such statements will prove to be accurate. Therefore, actual
results and future events could differ materially from those anticipated in such
statements. These assumptions include, but are not limited to, the effective
date of Mr. Adams resignation, the time required for the transition to a new
CEO, the ability of Highvista to attract a satisfactory qualified President and
CEO candidate, and the approval of a new President and CEO by the TSX Venture
Exchange. Factors that could cause results or events to differ materially from
current expectations expressed or implied by the forward-looking statements,
include, but are not limited to, the early stage development of Highvista and
its projects; general business, economic, competitive, political and social
uncertainties; capital market conditions and market prices for securities,
junior market securities and mining exploration company securities; commodity
prices; the actual results of current exploration and development or operational
activities at the Company's projects; competition; and lack of qualified,
skilled labour or further loss of key individuals. Readers are cautioned not to
place undue reliance on the forward-looking statements contained in this press
release. Except as required by law, Highvista assumes no obligation to update or
revise any forward-looking statement, whether as a result of new information,
future events or any other reason.
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 PRESS RELEASE.
FOR FURTHER INFORMATION PLEASE CONTACT:
Highvista Gold Inc.
Richard Adams
President and CEO
(416) 504-3588
(416) 504-4129 (FAX)
Highvista Gold (TSXV:HVV)
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