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Tocvan Ventures Corp
Symbol TOC
Shares Issued 24,480,287
Close 2020-12-14 C$ 0.42
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Tocvan appoints Lovett as adviser to board

2020-12-15 06:42 ET - News Release

Mr. Derek Wood reports


Tocvan Ventures Corp. has appointed Donn Lovett as a strategic adviser to the board of directors.

Based in Calgary, Alta., Canada, Mr. Lovett is a government and public relations professional.

Mr. Lovett has been the president of Donn Lovett Agency in Calgary, Alta., Canada, since 1990. The Donn Lovett Agency is an international consultancy focused on agriculture, financing, and oil and gas exploration and development in Canada, Oman, Iran, Qatar and the United Kingdom.

He is the former general manager of Oman Energy Services LLC (OES) from March, 2004, to April, 2012. OES is an Omani company with its head office in Muscat, in the Sultanate of Oman. Combined with their Omani partners, they have several years of experience in the oil and gas sector.

Since 2019 Mr. Lovett has worked with senior Omani private and public persons committed to improving the economy and environment of Oman. They encourage a responsible environmental footprint on energy projects making the country more competitive, prosperous and respected.

He has played a role over the years in trying to bring states closer together with Canada, including Oman, Iran, Iraq, Qatar, Turkey and now Mexico.

Mr. Lovett also works with indigenous people to ensure they get a reasonable ESG (environmental, social and corporate governance) relationship to any exploration or extraction project worldwide.

Mr. Lovett represented Tocvan Ventures at the Discoveries Mining conference in Guadalajara, Mexico, this past November and has already helped build relationships within the private and public sector of Mexico.

Mr. Lovett also made key introductions with first nations people as Tocvan works on exploration agreements in British Columbia to advance the Rogers Creek property. Tocvan wants to proceed in a manner that benefits all stake holders, including first nations.

Mr. Lovett is actively connected within Canada's political landscape and can provide introductions when necessary to help advance responsible resource exploration and development.

Derek Wood, Tocvan chief executive officer, advised: "I am extremely pleased to be working with Donn. Donn has been able to make some very important introductions and provides great experience and guidance as Tocvan continues to diligently work to create additional value for the benefit of its shareholders."

Mr. Lovett has been granted 100,000 stock options of the company at an exercise price of 40 cents with a five-year term.

About Tocvan Ventures Corp.

Tocvan is a well-structured exploration mining company. Tocvan was created to take advantage of the prolonged downturn in the junior mining exploration sector by identifying and negotiating interest in opportunities where management feels it can build upon previous success. Tocvan Ventures currently has approximately 17.7 million shares outstanding and is earning into two exiting opportunities: the Pilar gold project in the Sonora state of Mexico and the Rogers Creek project in Southern British Columbia. Management feels both projects represent tremendous opportunity.

We seek Safe Harbor.

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