18:25:48 EST Thu 03 Dec 2020
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Maple Gold Mines Ltd
Symbol MGM
Shares Issued 267,128,127
Close 2020-09-11 C$ 0.14
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Maple Gold appoints Jauristo, Lechtzier as advisers

2020-09-14 09:21 ET - News Release

Mr. Matthew Hornor reports


Maple Gold Mines Ltd. has appointed Timo Jauristo and Matthew Lechtzier as strategic advisers to provide guidance and insight on strategic corporate matters. The company has also appointed Shirley Anthony to the role of director, corporate communications to run strategic communications and outreach programs to build market awareness.

"As Maple Gold gears up for a phase of substantial growth, we are very fortunate to welcome two highly accomplished individuals to provide strategic support," stated Matthew Hornor, president and chief executive officer of Maple Gold. "Both Timo and Matthew are seasoned and very connected players in the global mining space and their involvement speaks to the tremendous untapped potential of our Douay gold project in Quebec."

"I am also pleased to welcome Shirley to our group, as she brings a wealth of experience in running effective communications and strategic marketing programs for publicly traded companies. Shirley will be helping us build a much stronger market presence to support the company in reaching its valuation potential as we quickly advance the Douay gold project," concluded Mr. Hornor.

Timo Jauristo -- strategic adviser

Mr. Jauristo has over 35 years of experience in the mining and exploration industry having been involved with or led numerous transactions in many of the world's gold producing regions. He is currently an independent director of Integra Resources and previously served as a senior adviser to the investment banking division of Canaccord Genuity's metals and mining group. Before his time at Canaccord, Mr. Jauristo acted as Goldcorp's executive vice-president of corporate development after having spent 15 years with Placer Dome before it was acquired by Barrick in 2006.

Matthew Lechtzier -- strategic adviser

Mr. Lechtzier is a qualified lawyer with extensive experience in marketing, transacting and documenting a variety of international financial transactions. He has acted as project manager and senior adviser for over 80 public and private offerings. For nearly 25 years, Mr. Lechtzier has served as senior vice-president of Ivanhoe Capital Corp. He has been responsible for transaction execution, marketing, and banker and investor relations with respect to both public and private affiliated companies. In addition, he has overseen the raising of over $1-billion in five separate initial public and other offerings while at Ivanhoe Capital. He also serves as senior vice-president of Ivanhoe Mines U.K. Ltd. and is based out of London, United Kingdom.

Prior to Ivanhoe Capital, Mr. Lechtzier was a director of equity capital markets at Jardine Fleming, Hong Kong, and assistant director of Schroder Securities in London and Taipei. He holds a BA (University of British Columbia) LLB (University of Victoria) and MA (University of Kingston, U.K.)

Shirley Anthony -- director, corporate communications

Ms. Anthony has over 12 years of investor relations and corporate communications experience with publicly listed companies covering the natural resources, transport and cannabis sectors with her most recent role as director of investor relations with Rubicon Organics Inc. Her prior experience within the resource sector included roles as vice-president, corporate communications, for International Tower Hill Mines Ltd.; manager, corporate communications, for Corvus Gold Inc.; and corporate communications manager for Silvercorp Metals Inc. Ms. Anthony holds a bachelor of arts degree in interdisciplinary studies from the University of British Columbia and is based in Vancouver, B.C.

Stock option grant

The company has granted a total of 775,000 incentive stock options to an officer and certain employees at a price of 24 cents. The company's stock option plan governs these incentive options, as well as the terms and conditions of their exercise, which is in accordance with policies of the TSX Venture Exchange.

About Maple Gold Mines Ltd.

Maple Gold Mines controls the 357-square-kilometre Douay gold project located within the prolific Abitibi greenstone belt in Northern Quebec, Canada. The project has an established National Instrument 43-101 gold resource of 422,000 ounces in the indicated category (8.6 million t grading 1.52 grams per tonne Au) and 2.35 million ounces in the inferred category (71.2 million t grading 1.03 g/t Au) with significant potential for resource expansion and new discoveries. The project benefits from exceptional infrastructure access and the company is currently focused on carrying out aggressive exploration programs to expand and update the known resource.

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