VANCOUVER, BC, Sept. 21,
2022 /CNW/ - Filo Mining Corp. (TSX: FIL)
(Nasdaq First North Growth Market: FIL) (OTCQX: FLMMF) ("Filo
Mining", or the "Company") is pleased to announce the appointment
of Mr. Ron F. Hochstein to its Board
of Directors, in replacement of Mr. Phil
Brumit, who has resigned. View PDF
Adam Lundin, Chair, commented,
"Ron has played a key role within the Lundin Group of Companies
for many years, and we welcome his skills and experience to the
Filo Board of Directors. On behalf of the Board and senior
management, I would also like to express a sincere thanks to Phil
and wish him well in his future endeavours."
Mr. Hochstein is currently the President and Chief Executive
Officer of Lundin Gold Inc. ("Lundin Gold"), which owns and
operates the high-grade, multi-million-ounce, Fruta del Norte
("FDN") gold mine in southeast Ecuador. Under Mr. Hochstein's
leadership, Lundin Gold acquired FDN in late 2014, completed a
feasibility study, signed several agreements with the Ecuadorian
Government, financed, and then constructed the mine and
infrastructure on time and on budget – achieving first gold
production in November 2019. Prior to his position at Lundin
Gold, he served as Executive Chairman (2015), and President and
Chief Executive Officer of Denison Mines Corp. ("Denison") from
2009 to 2015. Mr. Hochstein is a Professional Engineer and
holds an MBA from the University of British
Columbia and a B.Sc. from the University of Alberta.
Mr. Hochstein continues to serve as a director of both Denison and Lundin Gold.
On behalf of Filo Mining,
Jamie Beck
President and CEO
About Filo Mining
Filo Mining is a Canadian exploration and development company
focused on advancing its 100% owned Filo del Sol copper-gold-silver
deposit located in Chile's Region
III and adjacent San Juan Province, Argentina. The Company's shares are listed on
the TSX and Nasdaq First North Growth Market under the trading
symbol "FIL", and on the OTCQX under the symbol "FLMMF". Filo
Mining is a member of the Lundin Group of Companies.
Additional Information
The Company's certified adviser on the Nasdaq First North Growth
Market is Aktieinvest FK AB, +46 8 506 51703,
rutger.ahlerup@aktieinvest.se.
The information contained in this news release was accurate at
the time of dissemination, but may be superseded by subsequent news
release(s). The Company is under no obligation nor does it intend
to update or revise the forward-looking information, whether as a
result of new information, future events or otherwise.
This information was submitted by Filo Mining Corp. for
publication, through the agency of the contact person set out
below, on September 21, 2022 at
18:00 EDT.
Cautionary Note Regarding Forward-Looking Statements
Certain statements made and information contained herein in the
news release constitutes "forward-looking information" and
"forward-looking statements" within the meaning of applicable
securities legislation (collectively, "forward-looking
information"). Generally, this forward-looking information can
frequently, but not always, be identified by use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "projects", "budgets", "assumes", "strategy", "goals",
"objectives", "potential", "possible", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases
or statements that certain actions, events, conditions or results
"will", "may", "could", "would", "should", "might" or "will be
taken", "will occur" or "will be achieved" or the negative
connotations thereof. All statements other than statements of
historical fact may be forward-looking statements.
The Company believes that the expectations reflected in the
forward-looking information included in this news release are
reasonable, but no assurance can be given that these expectations
will prove to be correct and such forward-looking information
should not be unduly relied upon. In particular, these statements
include statements regarding our intent, or the beliefs or current
expectations of our officers and directors, including statements
made with respect to Mr. Hochstein's experience being a valuable
asset as we continue to progress the Filo del Sol Project.
The forward-looking statements contained in this news release
are made as at the date of this news release and Filo does not
undertake any obligations to publicly update and/or revise any of
the included forward-looking statements, whether as a result of
additional information, future events and/or otherwise, except as
may be required by applicable securities laws. There can be
no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. All the forward-looking information
contained in this document is qualified by these cautionary
statements. Readers are cautioned not to place undue reliance on
forward-looking information due to the inherent uncertainty
thereof. These statements involve known and unknown risks,
uncertainties and other factors that may cause actual results or
events to differ materially from those anticipated in such
forward-looking statements, including the risks, uncertainties and
other factors identified in the Company's latest Management's
Discussion and Analysis available at www.sedar.com.
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SOURCE Filo Mining Corp.