Mr. Rex Motton reports
CROSSROADS GOLD ANNOUNCES APPOINTMENT OF JAMES HUTTON AS ADVISER AND ADOPTION OF CORPORATE GOVERNANCE INITIATIVES
Crossroads Gold Corp. has appointed James Hutton as an adviser to the company. Mr. Hutton will advise management and the board of directors on corporate, financial and strategic matters. His appointment further enhances the company's ability to access capital and execute on its growth and discovery strategy in Victoria, Australia. Mr. Hutton joins Gordon Keep, Ryan Weymark and Rob McLeod as advisers to the company.
Rex Motton, chief executive officer and director of Crossroads, stated: "As a co-founder of Crossroads and one of our major shareholders, James has been a significant contributor to the success of Crossroads to date and we are pleased to welcome James to the advisory board of Crossroads. James and I were former partners on Fosterville South Exploration (now Great Pacific Gold), in which he was instrumental in helping Fosterville South Exploration secure approximately $35-million in equity capital during challenging equity markets at the time to advance its exploration assets in Victoria. James has intimate knowledge of the assets in Victoria and brings invaluable sector expertise and industry relationships. With a proven track record in securing funding for exploration companies in Canada, he will undoubtedly strengthen our capital markets presence and access to capital, as we build our Australian gold exploration portfolio."
Biography of Mr. Hutton
Mr. Hutton has spent his career in the financial services and capital markets industry and for the past 40 years has specialized in resource company finance. Mr. Hutton has served as the president and chief executive officer of Hutton Capital Corp. since 1991. He has held diverse executive positions and directorships across the TSX Venture and AMEX exchanges, including Santacruz Silver Mining and Fosterville South Exploration, among others. He is currently an adviser to First Andes Silver.
Hutton Capital was an original investor in Roughrider Uranium, which was acquired by Hathor Exploration Limited in 2006. Mr. Hutton was chairman of Terra Ventures, which owned a 10-per-cent carried interest in Hathor's Midwest North East project. Terra Ventures was acquired by Hathor in 2011 and subsequently Hathor was acquired by Rio Tinto in 2012 for $650-million.
He was also the founder and president of Canada Dominion Resources Group of Companies, one of Canada's largest flow-through-share funds focusing on energy and mining issuers actively exploring in Canada.
Governance policies and director mandates
Copies of the company's governance policies with the mandates of the board of directors and charters of each of the committees of the board of directors are available for download on the company's website.
About Crossroads Gold Corp.
Crossroads is a Canadian gold exploration company backed by the Fiore Group and focused on high-potential gold projects within two hours drive from Melbourne in Victoria State, Australia -- one of the world's premier gold-producing jurisdictions.
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