06:09:43 EDT Fri 17 May 2024
Enter Symbol
or Name
USA
CA



Sitka Gold Corp
Symbol SIG
Shares Issued 184,291,243
Close 2023-05-09 C$ 0.12
Market Cap C$ 22,114,949
Recent Sedar Documents

Sitka Gold appoints Termuende as adviser

2023-05-10 13:14 ET - News Release

Mr. Cor Coe reports

SITKA APPOINTS TIM TERMUENDE TO BOARD OF ADVISORS

Tim Termuende, PGeo, president, chief executive officer and director of Eagle Plains Resources (EPL), has joined Sitka Gold Corp.'s advisory board. Mr. Termuende is a professional geologist with over 40 years of experience in the mineral exploration industry. Since leaving Cominco in the late 1980s, Mr. Termuende has worked on exploration projects throughout North and South America and currently oversees a broad range of projects targeting various commodities throughout British Columbia, Saskatchewan, Yukon and the Northwest Territories.

As the CEO of Eagle Plains, Mr. Termuende has overall responsibility for execution of the company's strategic priorities and operating plans and has delivered exceptional shareholder value over the years, and through numerous spinouts, has transferred over $100-million in value directly to its shareholders, with Copper Canyon Resources and recently Taiga Gold being notable examples.

"I'm happy to be working with Cor, Mike and the team at Sitka -- many of whom I've known for decades," commented Mr. Termuende. "I look forward to helping Sitka management enhance shareholder value and to advance their portfolio of high-quality exploration projects in Western Canada."

Cor Coe, director and CEO of Sitka Gold, comments: "We are very pleased to welcome Tim to our advisory board. With Tim's decades of experience in the corporate boardroom as well as boots on the ground in the field, Tim provides a unique opportunity for Sitka to capitalize on his strategic knowledge and acumen."

The company also announces that it has granted an aggregate of 500,000 incentive stock options to Mr. Termuende. The options are exercisable at 12 cents per share for a period of three years from the date of grant, vest quarterly every six months and are subject to the policies of the Canadian Securities Exchange.

About Sitka Gold Corp.

Sitka Gold is a well-financed mineral exploration company headquartered in Canada. The company is managed by a team of experienced industry professionals and is focused on exploring for economically viable mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit. Sitka currently has an option to acquire a 100-per-cent interest in the RC, BeeBop, Barney Ridge, Clear Creek and OGI properties in Yukon and the Burro Creek gold property in Arizona. Sitka owns a 100-per-cent interest in its Alpha gold property in Nevada, its Mahtin gold property in Yukon and its Coppermine River project in Nunavut. The RC, Beebop, Barney Ridge, Clear Creek and Mahtin properties comprise the RC gold project, a district-scale, contiguous land package of 376 square kilometres.

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