11:51:48 EDT Fri 29 Mar 2024
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Castle Peak Mining Ltd
Symbol CAP
Shares Issued 132,763,360
Close 2016-12-01 C$ 0.02
Market Cap C$ 2,655,267
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Castle Peak president, CEO Lindsay resigns

2016-12-02 19:31 ET - News Release

Mr. Brian Lock reports

CASTLE PEAK MINING LTD. ANNOUNCES RESIGNATION OF CEO

Castle Peak Mining Ltd.'s Darren Lindsay has resigned as chief executive officer and president, effective Dec. 22, 2016. At this time, the board of directors of the company is in the process of setting up a CEO search committee; in the interim, if required, Brian Lock, chairman, will be the interim CEO as the company searches for a permanent replacement.

The company continues to discuss partnership opportunities with respect to certain concessions and the high-grade Apankrah deposit, and is reviewing additional opportunities as they are presented, any of which the company believes would be in the best interests of its shareholders.

About Castle Peak

Castle Peak holds a strategic land package in the Ashanti belt adjacent to several producing gold mines in Ghana, West Africa. The Ashanti belt is known as one of the most prolific gold belts in the world, putting Ghana as the second-largest gold producer in Africa, with past production of greater than 150 million ounces.

We seek Safe Harbor.

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