08:19:29 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Arizona Silver Exploration Inc
Symbol AZS
Shares Issued 70,751,075
Close 2023-05-08 C$ 0.58
Market Cap C$ 41,035,624
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Arizona Silver appoints Peregoodoff as adviser

2023-05-08 15:02 ET - News Release

Mr. Mike Stark reports

ARIZONA SILVER ANNOUNCES APPOINTMENT OF AN ADVISOR TO THE BOARD

Arizona Silver Exploration Inc. has appointed Tom Peregoodoff as an adviser to the board of directors, effective immediately.

Mr. Peregoodoff has over 30 years of resource industry experience, much of it in greenfield and brownfield exploration and resource development. Currently, Mr. Peregoodoff is president, chief executive officer and a director of Apollo Silver Corp. and a director of TSX Venture Exchange-listed American Copper Development Corp. and Australian Securities Exchange-listed American West Metals Ltd.

Prior to this, Mr. Peregoodoff was president and CEO of Peregine Diamonds Ltd. where he led Peregine from the resource development phase and initial engineering through to the eventual sale to DeBeers Canada in 2018. Prior to his position with Peregine, Mr. Peregoodoff spent 18 years in several positions with the mining multinational BHP, culminating in his role as vice-president of early-stage exploration, with global responsibility for all early-stage exploration across its commodity groups. Mr. Peregoodoff holds a BSc in geophysics from the University of Calgary.

Mike Stark, president and CEO of the company, stated: "On behalf of the board of directors, it is my pleasure to welcome Tom to the team at this exciting time for the company as we build and advance our Philadelphia property, the next emerging discovery in Arizona. I have had several meetings with Tom over the past months and his honesty, experience and worldly established trust in the industry speaks volumes in today's market environment. I look forward to the opportunity to work closely with Tom as we rapidly move to our next phase of growth."

"Over the last few months, I have had an opportunity to get to know Arizona Silver Exploration," commented Mr. Peregoodoff. "I have been impressed by both the team and the potential of the assets that Mike and Greg have been able to put together. It is an exciting time for the company and I look forward to working with the group as they advance the discovery at the Philadelphia project and maximize returns to stakeholders."

Mr. Peregoodoff was granted 200,000 stock options of the company. Each option entitles Mr. Peregoodoff to acquire one common share of the company at the price of 56 cents per share for a five-year period, being fully vested on grant.

About Arizona Silver Exploration Inc.

Arizona Silver is a young exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The flagship asset is the Philadelphia property.

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