18:50:14 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Golden Pursuit Resources Ltd (2)
Symbol GDP
Shares Issued 38,992,800
Close 2023-06-02 C$ 0.175
Market Cap C$ 6,823,740
Recent Sedar Documents

Golden Pursuit appoints Porter as director

2023-06-05 21:01 ET - News Release

Mr. Brian McClay reports

GOLDEN PURSUIT ANNOUNCES NEW DIRECTOR

Golden Pursuit Resources Ltd. has appointed Norman Porter as a director of the company. The size of the company's board has increased to five members, three of whom are independent.

Mr. Porter has 45 years of experience in business development. As an entrepreneur, Mr. Porter has an aptitude for strategic development with a long-term vision. Mr. Porter's investment knowledge and financial analytics leverage his ability to raise capital for partnership and joint venture opportunities. His breadth of development scope spans land assembly to construction projects in the residential, commercial and industrial sectors throughout British Columbia and Washington State. Mr. Porter's company, Beech Developments Ltd., is a leading developer in the City of Surrey, working with government and communities to establish optimum use of land to meet future demand.

Brian McClay, president of Golden Pursuit, states: "I am very pleased and welcome Norm Porter to Golden Pursuit's board. Norm is a well-known business and project developer with a wealth of industry knowledge and experience. We look forward to Norm's expertise and contributions as we advance our focus Gordon Lake project and our Nevada properties."

The company also announces that it has granted 500,000 incentive stock options to Mr. Porter at an exercise price of 20 cents per share for a term of five years. The options shall vest and become exercisable as to 25 per cent annually commencing June 5, 2024, the first anniversary of the date of the grant.

About Golden Pursuit Resources Ltd.

Golden Pursuit owns a 100-per-cent interest in the Gordon Lake project located in the northwest, 50 miles north of Yellowknife. The Gordon Lake district consists of 10 deposits which include the former producing mines Camlaren, Burnt Island, Myrt Lake and Argonaut mine. The deposits along with the other significantly advanced deposits will be the subject of further exploration with an emphasis on developing a drilling program to be conducted later this year.

The company has recently completed a geological report that summarizes and describes the holdings at Gordon Lake along with development recommendations.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.