VANCOUVER, BC, April 26, 2021 /CNW/ - QuestEx Gold &
Copper Ltd. (TSXV: QEX) ("QuestEx" or the
"Company") is pleased to announce that pursuant to an
Investor Rights Agreement between the Company and Skeena Resources
Limited ("Skeena"), Kelly
Earle has been appointed to the QuestEx Board of Directors
following her nomination by Skeena.
Ms. Earle is an Investor Relations professional and a geologist.
She spent several years in the field prior to making the transition
into the corporate side of the mining industry. She received her
Bachelor of Science in Geology from the University of British Columbia and her Certified
Professional Investor Relations designation from the Ivey School of
Business at Western University.
Currently, Ms. Earle is Vice President, Communications for Skeena,
a TSX-listed development-stage mining company that's revitalizing
the past-producing Eskay Creek mine
in British Columbia. She's a
founding member of the British Columbia Regional Mining Alliance
(BCRMA), a regional partnership between Aboriginal groups, industry
and provincial government representatives to promote mining
investment in the Golden Triangle of northwest BC and the Founding
Industry Advisory Board Chair for CASERM (Center for Advanced
Subsurface Earth Resource Models), a new I/UCRC
(Industry-University Cooperative Research Center) between the
Colorado School of Mines and
Virginia Tech, backed by the National
Science Foundation.
Joe Mullin, QuestEx's CEO
comments: "We are delighted to welcome Kelly Earle to the QuestEx Board of Directors.
Ms. Earle's talents in marketing and corporate communications as
well as her demonstrated leadership in forging partnerships between
industry, First Nations, government and other stakeholders has been
of crucial importance to Skeena's growth and success since 2016
when she joined their executive team as VP of Communications. We
look forward to benefiting from Ms. Earle's guidance, and from our
strengthened relationship with Skeena Resources, as the 2021 Golden
Triangle exploration season approaches."
Stock Option Grant
QuestEx further announces that in
conjunction with Ms. Earle's appointment and in accordance with the
terms of its 10% rolling Stock Option Plan, it has granted 100,000
stock options, with each stock option exercisable into one common
share of the Company at an exercise price of $1.19 per share, subject to certain vesting
requirements. The stock options have an expiry of April 24, 2026 and are subject to TSX Venture
Exchange approval.
We seek safe harbor.
About QuestEx
QuestEx Gold &
Copper Ltd. is exploring for high-grade gold and copper with a
focus on the Golden Triangle and Toodoggone areas of British Columbia. The property portfolio
includes the Company's flagship Castle property, a porphyry
copper-gold project located in the Red Chris mining district of the
Golden Triangle neighbouring GT Gold's Tatogga property, and
Newcrest Mining's GJ property. Other properties include KSP, North
ROK, Coyote, and Kingpin in the Golden Triangle, Sofia in the Toodoggone district, and Heart
Peaks and Hit in other strategic districts within British Columbia. These assets are being
advanced by a newly assembled technical and management team with
experience in exploration, permitting and discovery.
ON BEHALF OF THE BOARD OF DIRECTORS OF QUESTEX GOLD &
COPPER LTD.
"Joseph Mullin"
Joseph Mullin
Chief Executive Officer and Director
Neither TSX-V nor its Regulation Services Provider (as that
term is defined in the policies of TSX-V) accepts responsibility
for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking
Statements
All statements, trend analysis and other information
contained in this press release about anticipated future events or
results constitute forward-looking statements. Forward-looking
statements are often, but not always, identified by the use of
words such as "seek", "anticipate", "believe", "plan", "estimate",
"expect" and "intend" and statements that an event or result "may",
"will", "should", "could" or "might" occur or be achieved and other
similar expressions. All statements, other than statements of
historical fact, included herein, are forward-looking statements.
Although the Company believes that the expectations reflected in
such forward-looking statements and/or information are reasonable,
undue reliance should not be placed on forward-looking statements
since the Company can give no assurance that such expectations will
prove to be correct. These statements involve known and unknown
risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in
such forward-looking statements, including the risks, uncertainties
and other factors identified in the Company's periodic filings with
Canadian securities regulators as well as the risk that the ongoing
COVID-19 pandemic may have on the Company's business. Important
factors could cause actual results to differ materially from
QuestEx expectations. Forward-looking statements are based on
estimates and opinions of management at the date the statements are
made. QuestEx does not undertake any obligation to update
forward-looking statements except as required by applicable
securities laws. Investors should not place undue reliance on
forward-looking statements.
SOURCE QuestEx Gold & Copper Ltd.