Omai Gold Mines announces Renaud Adams as Chairman of the Board of Directors
03 Décembre 2020 - 1:30PM
Omai Gold Mines Corp. (TSX VENTURE: OMG) ("Omai" or the "Company")
announces the appointment of Renaud Adams as non-executive Chairman
of its Board of Directors and the resignation of Paul Fornazzari
from the board, effective immediately.
Mr. Adams has 25 years of experience in the
mining industry. He is currently President, Chief Executive Officer
and Director of New Gold Inc. – roles he has held since September
2018. He was the President and Chief Executive Officer of Richmont
Mines Inc. from 2014 until the sale of the company to Alamos Gold
in November 2017. From 2011 to 2014, Mr. Adams was the Chief
Operating Officer at Primero Mining Corporation, and prior to that
he was with IAMGOLD Corporation from 2007 to 2011 as the General
Manager of the Rosebel mine in Suriname and then the Senior Vice
President, Americas Operations. Mr. Adams obtained a Bachelor of
Engineering degree in Mining and Mineral Processing from Laval
University in Quebec, Canada.
Denis Clement, Director of Omai Gold Mines,
commented: “On behalf of the Board of Directors and shareholders of
Omai Gold Mines, we are pleased to welcome Renaud as Chairman.
Renaud’s successful track record of building value in the Americas,
particularly at Rosebel in Suriname, will be instrumental in
positioning Omai for growth and strategic opportunities. We look
forward to working with Renaud to achieve our vision of bringing
the under-explored, historic Omai gold mine back to life.”
Renaud Adams, Chairman, commented: “I am
delighted to join the board of a company at the forefront of
rebuilding the success of what was once one of South America’s
largest gold mines. We will continue to strengthen our board and
management team with well-rounded expertise in all facets of the
industry, to take the company to the next stage of its
evolution.”
The Company thanks Mr. Fornazarri for his
contribution to Omai.
Omai Gold Mines grants
stock options
The Company has granted incentive stock options
to its employees, contractors and board members to purchase up to
an aggregate of 5,975,000 common shares in the capital stock of the
company, pursuant to its Stock Option Plan.
The stock options are exercisable at a price of
C$0.21 per share and will vest as to one third (1/3rd) on each of
December 3, 2020, December 3, 2021 and December 3, 2022. The stock
options expire on December 3, 2025.
Neither the 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.
About Omai Gold Mines Corp.
Early prospectors identified Guyana’s vast
mineral wealth 130 years ago, and at the heart of the country’s
gold mining history is the Omai mine: a multi million-ounce deposit
that was once South America’s largest producing gold mine. We’re
building on this past success with new tools, relationships and
vision to bring this under-explored gold district back to life,
providing a unique opportunity for all stakeholders to participate
in value creation.
Avalon Gold Exploration Inc., a wholly owned
subsidiary of Omai Gold Mines Corp., holds a 100% interest in the
Omai Prospecting License covering 4,590 acres, including the past
producing Omai gold mine.
For further information, please see our website
www.omaigoldmines.com or
contact:
Mario StifanoPresident and Chief Executive
Officermstifano@omaigoldmines.com416-453-8433
Omai Gold Mines (TSXV:OMG)
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