Apollo Continues to Strengthen Management Team and Provides El Indio Project Update
August 05 2021 - 06:30AM
Apollo Gold & Silver Corp.
(“
Apollo” or the “
Company")
(TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF) is pleased to announce
that Mr. Chris Cairns has been appointed as Chief Financial
Officer, effective September 7, 2021.
Mr. Cairns, a Canadian Chartered Professional
Accountant (CPA, CA), is currently the CFO for Cordoba Minerals
Corp., a Colombian precious metal explorer. In addition to his role
as CFO for Cordoba, Chris has been the Corporate Controller for
Kaizen Discovery Inc., a Peruvian copper explorer, since 2015. He
brings significant experience in financial reporting, governance
and the capital markets sector. Prior to joining Cordoba and
Kaizen, Mr. Cairns obtained his CPA, CA while working in PwC’s
audit and assurance practice with a primary focus on
publicly-listed international mining and exploration companies in
Canada, the United States and Mongolia.
Commenting on Chris’s appointment, Apollo CEO,
Tom Peregoodoff said, “I am pleased that Chris has joined us and I
am excited to be working with him again. His experience in
cross-border financial and entity management will be a great
addition to Apollo. I would also like to thank Daryn Gordon,
outgoing CFO, for his support during our transformation and look
forward to his continued contribution as a
director.”
El Indio Project
As announced on April 1, 2020, the Company
entered into an agreement with Lithium Chile Inc., and Compania
Minera Kairos Chile Limitada, giving the Company the option to earn
up to a 90% interest in two early-stage exploration properties in
the El Indio Gold Belt of central Chile. As a result of the
recently announced amalgamation with Stronghold Silver and the
resultant change in strategy and focus, the Company has served
notice that it is terminating the option agreement.
About Apollo Gold and Silver
Corp.
Apollo Gold and Silver Corp. has assembled an
experienced and technically strong leadership team who have joined
to advance world class precious metals projects in tier-one
jurisdictions. The Company is focused on advancing its portfolio of
three significant pure silver exploration and resource development
projects: the historical Waterloo and Langtry Projects, in San
Bernardino California and the Silver District Project in
Arizona.
ON BEHALF OF THE BOARD OF DIRECTORS
Tom PeregoodoffChief Executive Officer
For further information, please
contact:
Tom PeregoodoffChief Executive Officer Telephone: +1 (604)
428-6128tomp@apollogold.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Statement Regarding “Forward-Looking”
Information
Statements in this news release that are
forward-looking statements are subject to various risks and
uncertainties concerning the specific factors disclosed here and
elsewhere in the Company’s periodic filings with Canadian
securities regulators. When used in this news release, words such
as “will”, “could”, “plan”, “estimate”, “expect”, “intend”, “may”,
“potential”, “appear”, “should,” and similar expressions, are
forward-looking statements.
Although Apollo Gold and Silver Corp. has
attempted to identify important factors that could cause actual
results, performance or achievements to differ materially from
those contained in the forward-looking statements, there can be
other factors that cause results, performance or achievements not
to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate or that
management’s expectations or estimates of future developments,
circumstances or results will materialize. As a result of these
risks and uncertainties, the results or events predicted in these
forward-looking statements may differ materially from actual
results or events.
Accordingly, readers should not place undue
reliance on forward-looking statements. The forward-looking
statements in this news release are made as of the date of this
news release, and the Company disclaims any intention or obligation
to update or revise such information, except as required by
applicable law.
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