VANCOUVER, April 10, 2018 /CNW/ - Marlin Gold Mining Ltd.
(TSX-V: MLN) ("Marlin" or the "Company") is pleased to announce
that Guillermo Kaelin has been
appointed as a member of the board of directors, subject to
approval of the TSX Venture Exchange.
Mr. Kaelin is a capital markets professional with over 19 years
of experience in private equity, investment banking, research and
public securities. He is currently the Head of Latin America of Appian Capital Advisory LLP
and focuses on originating investments, structuring transactions
and selecting management teams within Latin America. Previously, Mr. Kaelin served
as a Managing Director with Arias Resource Capital Management LP, a
mining focused private equity fund, which he joined in 2008.
Mr. Kaelin has an MBA from the University of
Chicago, an MS in Finance from ESAN (Peru) and a BS in Industrial Engineering from
the Universidad de Lima. He currently serves on the board of
directors of Ascendant Resources Inc. (TSX: ASND) and W Capital
SAFI S.A., a Peruvian investment fund.
In connection with Mr. Kaelin's appointment, the Company also
announces that Mr. Michael Liddell
is stepping down as a director. The board of directors would
like to thank Mr. Liddell for his contributions to the Company.
The board of directors now consists of Akiba Leisman, John
Pontius, Jesse Muñoz and Guillermo
Kaelin.
Akiba Leisman, Executive Chairman
and Interim CEO states that "we are excited to welcome Guillermo to
the board. Specifically, his experience in evaluating M&A
opportunities in the metals and mining sector will be a valuable
asset to the Company as it continues down the path of becoming an
intermediate gold producer."
About Marlin
Gold
Marlin is a growth-oriented gold and silver
mining company focused on the Americas. The company owns three
properties located in Mexico and
the USA and a portfolio of
royalties. Marlin's priority is to profitably operate its La
Trinidad Mine, conduct further exploration on its other projects
and enhance shareholder value through a strategic relationship with
Sailfish Royalty Corp. (TSX-V:FISH). Marlin is backed by a
well-funded investor with a successful track record in the
resources sector. The La Trinidad Mine in Sinaloa, Mexico declared commercial production
on November 1, 2014 and is one of the
highest grade open pit heap leach gold mines in Mexico.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as the term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Cautionary statement regarding forward‐looking
information
This news release contains "forward-looking statements"
within the meaning of applicable securities laws, in particular
those relating to the Company's path to becoming an intermediate
gold producer. These forward-looking statements are
necessarily based upon a number of estimates and assumptions that
are based on management's expectations and considered reasonable at
the time they are made, including among others: that work proceeds
in accordance with the timing and scope anticipated by management
and that anticipated market prices for precious and base metals are
achieved. Investors are cautioned that all forward-looking
statements are inherently subject to a variety of risks and
uncertainties which could cause actual events or results to differ
materially from those reflected in the forward-looking statements,
including, without limitation: uncertainties related to raising
sufficient financing to fund planned work in a timely manner and on
acceptable terms; changes in planned work resulting from
logistical, technical or other factors; the possibility that
results of work will not fulfill projections/expectations and
realize the perceived potential of the Company's projects;
uncertainties involved in the interpretation of drilling results
and other tests and the estimation of gold resources; risk of
accidents, equipment breakdowns and labour disputes or other
unanticipated difficulties or interruptions; the possibility of
environmental issues at the Company's projects; the possibility of
cost overruns or unanticipated expenses in work programs; the need
to obtain permits and comply with environmental laws and
regulations and other government requirements; fluctuations in the
price of gold; and other risks and uncertainties, including those
described in the Company's annual management's discussion and
analysis filed on SEDAR at www.sedar.com. As a result, readers are
cautioned not to place undue reliance on these forward-looking
statements. The forward-looking statements contained in this news
release are made as of the date of this release. Unless required by
law, Marlin has no intention to and assumes no obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
SOURCE Marlin Gold Mining Ltd.