Toronto, Ontario--(Newsfile Corp. - March 15, 2017) - Roscan Minerals Corporation (TSXV: ROS.H) ("Roscan" or the "Company") is pleased to announce that Gregory Isenor (P. Geo) has been appointed a director of the Company. Mr. Isenor is a professional geologist with over 45 years of world wide experience in the mineral industry and with the past 14 years focused on West Africa gold exploration. He was formerly the President and Chief Executive Officer of Merrex Gold Inc., a company that was recently acquired by Iamgold Corporation.
To accommodate Mr. Isenor's appointment, Mr. Gordon Cudmore has resigned from the Company's board of directors. The Company wishes to thank Mr. Cudmore for his long time contribution to the Company and wishes him every success in the future.
The Company also announces that it has granted Mr. Isenor 300,000 options to purchase common shares at an exercise price of $0.06 per common share expiring on March 15, 2022.
For further information, please contact:
Chief Financial Officer
Tel: (416) 293-8437
Email: [email protected]
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This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.