Core Viewpoint - Precore Gold Corp. has nominated Mr. Louis Gariepy for election to its Board of Directors, highlighting his extensive experience in the mining industry and his recent role as Lead Technical Advisor for the company [1][2]. Group 1: Board of Directors and Management - Mr. Louis Gariepy has over 30 years of international mining experience, including significant roles in developing gold and copper deposits with major companies [1]. - Gariepy has been instrumental in developing the Arikepay gold project in Peru and has expressed enthusiasm for his nomination to the Board [2]. Group 2: Stock Options and Compensation - The company has granted incentive stock options to purchase up to 1,100,000 common shares to directors, officers, and consultants under its 2025 Omnibus Equity Compensation Plan [2]. - The options are exercisable for five years at an exercise price of $0.135 per share, with 25% vesting every six months [2]. Group 3: Company Strategy and Projects - Precore Gold is focused on building a portfolio of exploration projects with strong gold discovery potential, aiming to capitalize on favorable market conditions [4]. - The company is pursuing opportunities in politically stable, Tier-1 mining jurisdictions, with a commitment to environmental, social, and corporate governance (ESG) standards [4].
Precore Gold Announces Nomination of Louis Gariepy to Its Board of Directors, Completion of the Arikepay Agreement and Granting of Stock Options
Globenewswire·2025-05-12 11:00