07:23:42 EDT Fri 17 May 2024
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Reunion Gold Corp
Symbol RGD
Shares Issued 1,046,723,137
Close 2023-08-29 C$ 0.53
Market Cap C$ 554,763,263
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Reunion Gold appoints Boyle as COO

2023-08-29 15:20 ET - News Release

Mr. Rick Howes reports

REUNION GOLD ANNOUNCES COO APPOINTMENT

Reunion Gold Corp.'s board of directors has appointed Keith Boyle as chief operating officer. Mr. Boyle is a mining engineer with more than 38 years of technical, operations and development experience in the mining industry, most recently as chief operating officer for Superior Gold, the principal asset of which is the Plutonic gold mine in Western Australia.

Rick Howes, president and chief executive officer of Reunion Gold, commented: "I am very pleased to welcome Keith to the Reunion Gold management team as a key contributor to the advancement of the Oko West project in Guyana. Keith brings a wealth of international development and operating experience to our team. Our exploration team continues to successfully advance the gold mineralized footprint and, with the recent announcement of our maiden resource estimate in June, Keith will be instrumental in advancing and derisking the project through its next stages of development with the goal of maximizing our strategic options in the future. As an experienced and successful mining executive leading development of both open-pit and underground mines in many different settings, Keith is particularly well suited for this role."

Mr. Boyle holds a bachelor of science in mining engineering and an MBA from the University of Alberta, is a member of the Association of Professional Engineers of Ontario, and has more than 38 years of experience in progressively more senior roles from general manager to COO. He has worked in precious and base metals systems, at both open-pit and underground operations in North America and internationally, including periods in Australia, Papua New Guinea, the United States and Madagascar. This work has been performed for both senior and junior companies, including Superior Gold, Placer Dome Inc., Aur Resources Inc., Inco Ltd., Cominco Ltd., Dynatec Corp., Alexis Minerals Inc., Chieftain Metals and Titan Mining. During his career, Mr. Boyle has demonstrated expertise in several key areas, including project development, technical studies, operating efficiencies and optimizing operations, cost control, and managing budgets for improved financial performance.

The company also announces that it has granted Mr. Boyle incentive stock options to purchase up to one million shares of the company at an exercise price of 51 cents per share. The stock options will be vesting in three tranches over a period of two years and are exercisable for a period of up to five years.

The appointment of Mr. Boyle and the grant of stock options are subject to regulatory approval.

About Reunion Gold Corp.

Reunion Gold is a leading gold explorer in the Guiana Shield, South America. In June, 2023, after 22 months of resource definition drilling, the company announced an initial mineral resource estimate at its Oko West project in Guyana containing 2,475,000 ounces of gold grading 1.84 grams per tonne in indicated resources and 1,762,000 ounces of gold grading 2.02 grams per tonne in inferred resources. See the company's technical report, titled, "NI 43-101 Technical Report Oko West Gold Project Cuyuni-Mazaruni Mining Districts, Guyana," with an effective date of June 1, 2023, available on SEDAR+, for additional information regarding this estimate. The company's common shares are listed on the TSX Venture Exchange under the symbol RGD and trade on the OTCQX under the symbol RGDFF.

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