www.northpeakresources.com
TSX Venture: NPR
CALGARY,
AB, April 14, 2023 /CNW/ - North Peak
Resources Ltd. (TSXV: NPR) (the "Company" or "North
Peak") announces that Leni
Keough has made the decision to resign from the Board of
Directors of the Company.
The Board of Directors of the Company would like to express its
gratitude to Ms. Keough for her contributions to the Company and
wish her well in her future pursuits.
Mr. Mike Sutton, an independent
director of the Company, has replaced Ms. Keough on the Audit
Committee.
About North Peak
The Company is a Canadian based gold exploration and development
company that is listed on the TSX Venture Exchange under the symbol
"NPR". The Company is focused on acquiring historic sites,
with low cost producing gold and other
metals properties, with near term production potential
and 8+ year mine life in the northern hemisphere.
On April 10, 2023, the Company
announced it had entered a non-binding letter of intent (the
"LOI") to acquire the Prospect Mountain Mine complex located
in the Eureka district of Nevada
(the "Acquisition"), and that the Company was working with
the owners of that property exclusively towards the execution of a
binding, definitive agreement in respect of the proposed
Acquisition. See the Company's April
10, 2023 press release for additional information, and the
Company will issue additional press releases related to that
Acquisition and other material information as it becomes
available.
Investors are cautioned that there can be no assurance that
the parties to the LOI will come to agreement and execute a
binding, definitive agreement or that the Acquisition will be
completed as proposed, or at all. In addition, the Company can give
no assurances at this time that the Prospect Mountain Mine complex
will fulfil the Company's business development goals described
herein. Trading in the securities of the Company should be
considered highly speculative.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
STATEMENTS: This news release includes certain
"forward-looking statements" under applicable Canadian securities
legislation. Forward-looking statements include, but are not
limited to, statements with respect to those that
address the ability of the parties to the LOI come to definitive
terms and negotiate and execution of definitive documentation in
respect of the Acquisition, the structure of the Acquisition, the
ability to receive applicable approvals from the TSX Venture
Exchange and applicable governmental authorities for the
Acquisition, and regarding the plans, intentions, beliefs,
and current expectations of the Prospect Mountain Mine complex and
the Company, including with respect to the future business
activities and operating performance of the Company that may be
described herein. Forward-looking statements consist of
statements that are not purely historical, including any statements
regarding beliefs, plans, expectations or intentions regarding the
future. Such information can generally be identified by the use of
forwarding-looking wording such as "may", "expect", "estimate",
"anticipate", "intend", "believe" and "continue" or the negative
thereof or similar variations. Readers are cautioned not to
place undue reliance on forward-looking statements, as there can
be no assurance that the plans, intentions or expectations upon
which they are based will occur.
By their nature, forward-looking statements involve numerous
assumptions, known and unknown risks and uncertainties, both
general and specific, that contribute to the possibility that the
predictions, estimates, forecasts, projections and other
forward-looking statements will not occur. These assumptions, risks
and uncertainties include, among other things, the state of the
economy in general and capital markets in particular,
accuracy of assay results, geological interpretations from
drilling results, timing and amount of capital expenditures;
performance of available laboratory and other related services,
future operating costs, and the historical basis for current
estimates of potential quantities and grades of target zones,
as well as those risk factors discussed or referred to in the
Company's Management's Discussion and Analysis for the year ended
December 31, 2021, and the period
ended September 30, 2022 available at
www.sedar.com, many of which are beyond the control of the Company.
Forward-looking statements contained in this press release are
expressly qualified by this cautionary statement.
The forward-looking statements contained in this press
release are made as of the date of this press release. Except as
required by law, the Company disclaims any intention and assumes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
Additionally, the Company undertakes no obligation to comment on
the expectations of, or statements made by, third parties in
respect of the matters discussed above.
Neither the TSX Venture Exchange nor its Regulation
Service Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE North Peak Resources Ltd.
