Monument Appoints Chris Leighton to Interim CFO
24 March 2021 - 7:15AM
Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or
the “Company” is pleased to announce the appointment of Mr. Chris
Leighton as interim CFO effective immediately while Mr. Luther Nip
has resigned in the transition period.
“I am very pleased to report the appointment of
Chris Leighton as the Company’s CFO and welcome him to our
management team, as the Company initiates the flotation
construction as its first phase of the Gold Sulphide Project at
Selinsing Gold Mine in Malaysia and Western Australia,” remarks
Cathy Zhai, President & CEO of Monument Mining: “I have
confidence that his extensive hands on and bottom up experience of
management accounting and financing in manufacturing sectors will
be strong benefit to the Company.”
Mr. Leighton has been a financial executive over
the past 20 years. His experience covers strategic planning for
operation expansion and restructuring, cash flow management,
project financing, cost accounting and financial reporting. His
career has spanned several industries including pulp and paper,
forestry, aquaculture and publishing across both Canada and the US,
from a junior position to executive in financial reporting and
control area, mostly concentrated on improvement of financial
performance over production lines with discipline. He has
played a major role in the listing of companies on the NYSE by
spearheading the implementation of SOX controls for the Canadian
operations. Mr. Leighton is a designated Chartered Professional
Accountant (CPA) and holds a Bachelor of Commerce degree,
specializing in Finance from the University of British Columbia as
well as a Master’s in Business Administration from Royal Roads
University.
About Monument
Monument Mining Limited (TSX-V: MMY, FSE: D7Q1)
is an established Canadian gold producer that owns and operates the
Selinsing Gold Mine in Malaysia. Its experienced management team is
committed to growth and is advancing several exploration and
development projects including the Mengapur Copper-Iron Project, in
Pahang State of Malaysia, and the Murchison Gold Projects
comprising Burnakura, Gabanintha and Tuckanarra in the Murchison
area of Western Australia. The Company employs approximately 205
people in both regions and is committed to the highest standards of
environmental management, social responsibility, and health and
safety for its employees and neighboring communities.
Cathy Zhai, President and CEOMonument Mining
LimitedSuite 1580 -1100 Melville Street Vancouver, BC V6E 4A6
FOR FURTHER INFORMATION visit the company web
site at www.monumentmining.com or contact:
Richard Cushing, MMY Vancouver T:
+1-604-638-1661 x102 rcushing@monumentmining.com
"Neither 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."
Forward-Looking Statement
This news release includes statements containing
forward-looking information about Monument, its business and future
plans (“forward-looking statements”). Forward-looking statements
are statements that involve expectations, plans, objectives or
future events that are not historical facts and include the
Company’s plans with respect to its mineral projects and the timing
and results of proposed programs and events referred to in this
news release. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved". The forward-looking statements in this news release are
subject to various risks, uncertainties and other factors that
could cause actual results or achievements to differ materially
from those expressed or implied by the forward-looking statements.
These risks and certain other factors include, without limitation:
risks related to general business, economic, competitive,
geopolitical and social uncertainties; uncertainties regarding the
results of current exploration activities; uncertainties in the
progress and timing of development activities; foreign operations
risks; other risks inherent in the mining industry and other risks
described in the management discussion and analysis of the Company
and the technical reports on the Company’s projects, all of which
are available under the profile of the Company on SEDAR at
www.sedar.com. Material factors and assumptions used to develop
forward-looking statements in this news release include:
expectations regarding the estimated cash cost per ounce of gold
production and the estimated cash flows which may be generated from
the operations, general economic factors and other factors that may
be beyond the control of Monument; assumptions and expectations
regarding the results of exploration on the Company’s projects;
assumptions regarding the future price of gold of other minerals;
the timing and amount of estimated future production; the expected
timing and results of development and exploration activities; costs
of future activities; capital and operating expenditures; success
of exploration activities; mining or processing issues; exchange
rates; and all of the factors and assumptions described in the
management discussion and analysis of the Company and the technical
reports on the Company’s projects, all of which are available under
the profile of the Company on SEDAR at www.sedar.com. Although the
Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. The Company
does not undertake to update any forward-looking statements, except
in accordance with applicable securities laws.
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