Vancouver, British Columbia – December 20th, 2017 – Taku Gold Corp. (CSE: TAK; OTCQB: TAKUF) (“Taku” or the “Company”) announces changes to its directors and management. Peter Bures, C.F. Trey Wasser III and Lori Walton have been appointed to the Company’s board of directors. Gilles Dessureau has been appointed the interim President of the Company and Greg Hayes has been appointed the interim Chief Financial Officer and Corporate Secretary.
The Company has received resignations from Zachery Dingsdale, Mark Fekete and Stephen Smith as directors of the Company. In addition, Mr. Dingsdale has resigned as President and Chief Executive Officer, and Mark Fekete has resigned as Vice-President of Exploration. The Company acknowledges the contributions of the resigning Officers and Directors to the Company over the years, and wishes each the best in their future endeavors.
Director and Officer Appointments
The following provides biographical information on each of the new directors and officers.
Peter Bures, Director
Mr. Peter Bures has served as the Chief Executive Officer and director of Antler Hill Mining Ltd since June 2017. Mr. Bures served as Vice President, Analyst, at Canaccord Genuity Limited, Research Division from 2014 to February 2017. From 2011 to 2013, Mr. Bures served as Director of Global Mining Sales at BMO Capital Markets in New York. He served as an Associate Portfolio Manager at Sentry Investments Corp. from 2007 to 2011. Mr. Bures focused on research and analysis of metals and mining companies. He served at Sentry Investments Inc. and Sentry Select Primary Metals Corp. Mr. Bures served as a Sales and Trading Group Analyst of Orion Securities from 2002 to 2007. He holds National Association of Securities Dealers Series 7 and Series 63 licenses. Mr. Bures holds a bachelor of Applied Science (geological and mineral engineering) from the University of Toronto.
C.F. Trey Wasser III, Director
Mr. Wasser serves as the President and CEO of Ely Gold Royalties Inc. since 2010. He is the President and Director of Research for Pilot Point Partners. He has been in the brokerage and venture capital business for over 33 years. He spent 20 years as a bond salesman and trader with Merrill Lynch, Kidder Peabody and Paine Webber. He specialized in corporate cash management and his clientele included many Fortune 100 companies and institutional money managers. In 1993, he formed III-D Capital LLC to assist early staged companies developing business plans and securing venture capital financing.
Lori Walton (P.Geo., M.Sc., G.G.), Director
Ms. Walton has over 25 years’ experience providing management and consulting services to the mining industry, with a focus on northern Canada. Previously she served as President and Chief Executive Officer, Firestone Ventures Inc. from 2005 to 2012, and as a director and consultant until 2013; as director of Northern Tiger Resources Inc. from 2008 to 2013; and most recently as an analyst in the public sector and mineral resource consultant. Ms. Walton holds a M.Sc. in Economic Geology from the University of Alberta, is a professional geoscientist registered with the Association of Professional Engineers and Geoscientists of Alberta (APEGA), and holds a diploma from the Gemological Institute of America.
Gilles Dessureau, Interim President
Mr. Dessureau is a Professional Geologist with over 15 years of exploration and development experience in the Western Cordillera including Yukon and British Columbia along with other locations throughout North America including Nevada, Ontario and Quebec. Mr. Dessureau is the Owner/Principle Geologist of Solidus Geological Services and has been providing geological and project management services to a number of clients including Columbus Gold Corp., Colorado Resources Ltd., BMC Minerals, among others since 2007. Mr. Dessureau was instrumental in advancing the Wolverine polymetallic VMS deposit, located in the Yukon, through pre-feasibility and into commercial production beginning in 2010, and was involved with advancing Golden Predator’s Brewery Creek and 3 Aces deposits.
Mr. Dessureau graduated with a Master’s degree from Laurentian University in Sudbury following a Bachelor’s degree in Geology from St. Mary’s University in Halifax. He is a Professional Geologist registered with Engineers and Geoscientists British Columbia (EGBC) and a non-practicing member of the Association of Professional Geologists of Ontario (APGO).
Greg Hayes, Interim Chief Financial Officer
Mr. Hayes, a Chartered Accountant since 1997, is the Chief Financial Officer for Golden Predator Mining Corp. and previously served as the Chief Executive Officer for Golden Predator Mining Corp. and Northern Tiger Resources Inc. He also served as the Chief Financial Officer of several other TSXV listed companies. Mr. Hayes brings considerable experience to the Golden Predator Board of Directors from both the public and private sectors. Working with international and Alberta-based accounting firms, he has serviced clients ranging from small, private businesses to multinational corporations. Most recently, Mr. Hayes has been providing financial consulting services to junior exploration companies.
About Taku Gold Corp.
Taku Gold Corp. is a mineral resource company focused on the exploration and development of precious metal properties in Canada with a particular emphasis on the White Gold district of Yukon.
For more information please contact:
Janet Lee-Sheriff, Director
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company’s periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.