Liberty Gold announces Founder and Independent Board Chair, Dr. Mark O’Dea, to retire at 2023 AGM
17 Avril 2023 - 11:00PM
Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or
“Liberty” or the “Company”) announces that founder, Dr. Mark O'Dea,
will be retiring as Chair and Director at the company's annual
general meeting on June 14, 2023.
Independent director and incoming Chair, Mr. Rob
Pease stated, ‘'Just thanking Mark for 12 years of service would be
an understatement. Mark is a visionary, and a tenacious company
builder. He has proven to be a focused and disciplined strategist
during the 12 years I have served with him on the board. He dreams
big, thinks creatively, fosters teamwork and collaboration, works
relentlessly, and has woven his Science of Discovery into the
culture and DNA of Liberty Gold.
''As a result of Mark's vision and leadership,
and the work of the exceptional management teams and board he
assembled, Liberty has discovered, expanded, and advanced our
portfolio of large-scale gold deposits in the highly-prolific Great
Basin of the United States.
‘’When Mark informed the board that he intended
to retire as Chair within the next year, we accelerated our
succession planning efforts and board renewal processes. Today,
with a new CEO, several new VP’s, a new Independent Director in
place, and a very healthy treasury, Mark is leaving the Company in
an excellent position, set up for future success.”
Head of the Corporate Governance and Nominating
Committee and Independent Director, Ms. Barbara Womersley, stated,
‘’Dr. O’Dea has built a highly effective organization with an
inclusive collaborative culture, excellent governance practices, a
deep sense of humanity, a commitment to responsible development and
providing meaningful benefits for employees and community partners.
It’s a fitting legacy he leaves, and one the board intends to
respect and continue.”
“I believe that Liberty has exceptional
potential to grow into a highly profitable gold business,”
commented Dr. O’Dea. ''Our stellar team has done a masterful job of
applying smart science to make big discoveries, in places where
others have but scratched the surface. Taking the road less
travelled has been highly satisfying to me personally. I have
always believed that this philosophical approach would lead to
great success, including for our investors who support us and
believe in our dream and methodology. But most of all I’m proud of
my amazing colleagues - they have become friends and family to
me.
“One more thing,’’ said Dr. O’Dea, ‘’I believe
in Liberty. That’s why I have been a net buyer of shares over the
past 12 years. That’s why I am still one of the top private
shareholders.”
For more information, visit libertygold.ca or contact:
Susie Bell, Manager, Investor Relations Phone:
604-632-4677 or Toll Free 1-877-632-4677 info@libertygold.ca
All statements in this press release, other than
statements of historical fact, are "forward-looking information"
with respect to Liberty Gold within the meaning of applicable
securities laws, including statements that address potential
quantity and/or grade of minerals. Forward-looking information is
often, but not always, identified by the use of words such as
"seek", "anticipate", "plan", "continue", "planned", "expect",
"project", "predict", "potential", "targeting", "intends",
"believe", "potential", and similar expressions, or describes a
"goal", or variation of such words and phrases or state that
certain actions, events or results "may", "should", "could",
"would", "might" or "will" be taken, occur or be achieved.
Forward-looking information is not a guarantee of future
performance and is based upon a number of estimates and assumptions
of management at the date the statements are made including, among
others, assumptions about future prices of gold, and other metal
prices, currency exchange rates and interest rates, favourable
operating conditions, political stability, obtaining governmental
approvals and financing on time, obtaining renewals for existing
licenses and permits and obtaining required licenses and permits,
labour stability, stability in market conditions, availability of
equipment, timing of the publication of any mineral resources, the
availability of drill rigs, successful resolution of disputes and
anticipated costs and expenditures. Many assumptions are based on
factors and events that are not within the control of Liberty Gold
and there is no assurance they will prove to be correct.
Such forward-looking information, involves known
and unknown risks, which may cause the actual results to be
materially different from any future results expressed or implied
by such forward-looking information, including, risks related to
the interpretation of results and/or the reliance on technical
information provided by third parties as related to the Company’s
mineral property interests; changes in project parameters as plans
continue to be refined; current economic conditions; future prices
of commodities; possible variations in grade or recovery rates; the
costs and timing of the development of new deposits; failure of
equipment or processes to operate as anticipated; the failure of
contracted parties to perform; the timing and success of
exploration activities generally; the timing of the publication of
any mineral resources; delays in permitting; possible claims
against the Company; labour disputes and other risks of the mining
industry; delays in obtaining governmental approvals, financing or
in the completion of exploration as well as those factors discussed
in the Annual Information Form of the Company dated March 28, 2023
in the section entitled "Risk Factors", under Liberty Gold’s SEDAR
profile at www.sedar.com.
Although Liberty Gold has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking information, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that such information will
prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements.
Liberty Gold disclaims any intention or obligation to update or
revise any forward-looking information, whether as a result of new
information, future events or otherwise unless required by law.
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