Fredonia Mining Inc. Announces Update to Management Team
April 08 2022 - 3:00PM
Fredonia Mining Inc. (“Fredonia” or the “Company”) (TSXV: FRED) is
pleased to announce the appointment of Mr. Omar Salas as Chief
Financial Officer of the Company, succeeding Mr. Carlos Espinosa
who will continue to act as an advisor to the Company through the
transition period.
Mr. Salas is a financial executive with
extensive international experience in the mining industry,
providing operations management, strategic planning, business
development and financial leadership to precious metals focused
companies with operations in South America. Mr. Salas is a
Chartered Public Accountant and holds a Master of Business
Administration degree from McGill University. The Company looks
forward to taking advantage of his knowledge and network in
advancing its corporate objectives.
The Company is thankful to Mr. Espinosa for his
contributions and wishes him well in his future endeavours.
About FredoniaFredonia directly
or indirectly, owns 100% interest in certain license areas
(totaling approximately 18,300 ha.) (collectively, the “Project”),
all within the Deseado Massif geological region in the Province of
Santa Cruz, Argentina, including the following principal areas: El
Aguila, approx. 9,100ha, Petrificados, approx. 3,000ha, and the
flagship, advanced El Dorado-Monserrat property covering approx.
6,200ha located close to Anglo Gold Ashanti’s Cerro Vanguardia
mine, subject to a 1.5% net smelter return royalty on the EDM
project, 0.5% net profits interest on Winki II, El Aguila I, El
Aguila II and Petrificados.
For further information: Please visit the
Company website www.fredoniamanagement.com or contact: Carlos
Espinosa, Chief Financial Officer, Direct: +1-647-401-9292,
Email: cespinosa@slgmexico.com
Cautionary Note Regarding
Forward-Looking Statements
This press release contains certain
“Forward-Looking Statements” within the meaning of applicable
securities legislation relating to the Company and the EDM project,
including statements regarding the prospectivity of the EDM project
for gold and silver mineralization, including the potential for
metal recoveries any mineral processing activity, and the Company’s
future exploration plans. Words such as “might”, “will”, “should”,
“anticipate”, “plan”, “expect”, “believe”, “estimate”, “forecast”
and similar terminology are used to identify forward looking
statements and forward-looking information. Such statements and
information are based on assumptions, estimates, opinions and
analysis made by the Company in light of its experience, current
conditions and its expectations of future developments as well as
other factors which it believes to be reasonable and relevant.
Forward-looking statements and information involve known and
unknown risks, uncertainties and other factors, including, without
limitation, the factors described in the Company’s filing statement
dated June 22, 2021 available on SEDAR at www.sedar.com under the
heading “Risk Factors” that may cause actual results to differ
materially from those expressed or implied in the forward-looking
statements and information and accordingly, readers should not
place undue reliance on such statements and information and the
Company can give no assurance that they will prove to be correct.
The statements in this press release are made as of the date of
this release. The Company undertakes no obligation to update
forward-looking statement made herein, or comment on analyses,
expectations or statements made by third parties in respect of the
Company or its securities, other than as required by law.
Fredonia Mining (TSXV:FRED)
Historical Stock Chart
From Apr 2024 to May 2024
Fredonia Mining (TSXV:FRED)
Historical Stock Chart
From May 2023 to May 2024