Board and Management Appointments Strengthen the Apollo Team
September 27 2021 - 6:00AM
Apollo Silver Corp. (“
Apollo” or
the “
Company") (TSX.V:APGO, OTCQB:APGOF,
Frankfurt:6ZF) is pleased to announce the following additions to
its board and management team.
Mr. Steven Thomas has been appointed to the
Board of Directors of the Company effective immediately where he
will also serve on the Audit Committee. In addition to his
financial experience, Mr. Thomas will provide strategic guidance to
the Board and executive team and will support the advancement of
Apollo’s advanced silver exploration and resource development
project portfolio.
In addition, Ms. Rona Sellers has been appointed
to the role of Vice President, Commercial and Compliance, effective
October 12, 2021. Ms. Sellers will be a member of the executive
management team and will play a key role in the development of a
number of corporate initiatives, including implementation of our
Environmental, Social and Governance program.
Mr. Thomas is an accomplished finance executive
with over 30 years of international corporate experience, spending
the last 15 years as Chief Financial Officer
(“CFO”) with various large, intermediate, and
junior mining companies, most recently with Torex Gold, where he
held the role of CFO. Prior to Torex he was CFO, Canadian
Operations with Goldcorp and in addition he spent 10 years as CFO
with De Beers Canada Inc. Mr. Thomas has deep financial management,
accounting, regulatory and governance experience. He holds a BSC
Joint Honors Degree in Accountancy and Economics from the
University of Wales, is a Fellow of the Institute of Chartered
Accountants and is a member of the Institute of Corporate
Directors.
Ms. Sellers has broad experience in corporate
governance, securities and corporate law. Prior to joining Apollo,
Ms. Sellers served as Vice President, Compliance and Corporate
Secretary of Maple Gold Mines Ltd. where she led the development of
a number of corporate initiatives. Prior to this she was Corporate
Secretary and Ethics and Compliance officer of Kaizen Discovery
Inc. and Corporate Secretary of Cordoba Minerals Corp. Ms. Sellers
holds a Bachelor of Arts degree in Political Science from Simon
Fraser University and a Bachelor of Laws (Hons) from City
University London.
“I am extremely pleased that Steve and Rona have
agreed to join the team,” Apollo CEO, Tom Peregoodoff commented.
“Both Steve and Rona are recognised in the industry for the
expertise they possess in their respective fields. Their experience
in the establishment of robust Environmental, Social and Governance
programs align very well with what we are building here at Apollo,
and I look forward to the contributions they will make.”
The Company also announces the granting, subject
to regulatory acceptance, of an aggregate of 250,000 incentive
stock options to a director of the Company (the
“Options”). The Options have a term of 5 years and
are exercisable at a price of $0.82 per common share. The Options
shall become exercisable ("Vested") over a twelve
(12) month period, with one-third of the Options becoming Vested on
the Grant Date, with a further one-third becoming Vested after six
(6) months, and the balance after twelve (12) months.
About Apollo Silver Corp.
Apollo 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 Silver District Project in Arizona.
ON BEHALF OF THE BOARD OF DIRECTORS
Tom Peregoodoff Chief Executive Officer
For further information, please
contact:
Tom Peregoodoff Chief Executive Officer Telephone:
+1 (604) 428-6128 tomp@apollosilver.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 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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