DPH Duncan Park Holdings Corp

Duncan Park Holdings Corporation (TSX VENTURE:DPH) is pleased to announce today
that David R. Shaddrick has been appointed to the board of directors of the
Company.


Mr. Shaddrick has 40 years experience in the mining industry. He has been an
officer, director and technical advisor for public and private companies; is
active in several professional societies and has published numerous papers in
technical journals. He has participated in the discovery/development of several
ore deposits and has extensive experience with the ore deposits of North
America.


Mr. Shaddrick holds a B.Sc. in Geology from the University of Minnesota,
Institute of Technology and a M.Sc. in Geology from the South Dakota School of
Mines and Technology. He is a "Qualified Person" as defined by NI 43-101 and
holds designations as a Professional Geoscientist (P.Geo.) from the Association
of Professional Engineers and Geoscientists of British Columbia, Certified
Professional Geologist (CPG) from the American Institute of Professional
Geologists and is a licensed geologist (LG) in the state of Washington, USA.


The Company has previously engaged Mr. Shaddrick as a geologist to oversee the
exploration of its former Nevada properties and, more recently, to conduct due
diligence on the Dome property in Red Lake, Ontario, prior to the Company
entering an option agreement with respect to that property, which is now the
primary focus of the Company.


In addition, the Company announces that it has granted an aggregate of 4,000,000
options today, including the grant of an aggregate of 3,500,000 options to the
officers and/or directors of the Company. The balance of the options was granted
to certain consultants of the Company. The options are exercisable for a period
of five years at a price of $0.10 per share and will vest over an 18-month
period, with one-third of the options vesting every six months. 


The option grants are the first options issued by the Company since January 2008
and are being issued under the Company's amended option plan approved by
shareholders in May 2010. The decision to issue the options follows the
restructuring and recapitalization of the Company to go forward on its Red Lake
Ontario properties.


The Company also announces that Ian McAvity, who has served as Acting President
& Chief Executive Officer of Duncan Park, has agreed to continue as President &
Chief Executive Officer of the Company.

Duncan Park Holdings Corporation (TSXV:DPH)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024

Duncan Park Holdings Corporation (TSXV:DPH)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024