Monterey Minerals Announces Appointment to the Board of Directors
December 12 2019 - 4:45PM
Monterey Minerals Inc. (the
“
Company” or “
Monterey”) (CSE:
MREY) is pleased to announce the appointment of David Lees to the
Company’s Board of Directors.
Mr. Lees has over 20 years’ experience in the
financial services industry, beginning his career as a stockbroker
before moving into investment and funds management, with a primary
focus on natural resources. These roles have given Mr. Lees
extensive experience with capital raising, business development,
portfolio management, business relationships and corporate
governance. He currently serves as a non-executive director
of ASX-listed Sultan Resources Ltd. (ASX: SLZ). David’s
education qualifications include a Bachelor of Economics and post
graduate diploma in Applied Finance and Investment. Mr. Lees
has assumed the role of Chairman of the Audit Committee.
Samuel “Kyler” Hardy has resigned from the Board
and the Company would like thank Mr. Hardy for his service to the
Company and wish him well in his future endeavors.
President and CEO James Macintosh stated, “We
look forward to utilizing David’s extensive experience in the
capital markets and working together in building future success for
Monterey. Welcome to the team!”
About Monterey Minerals
Inc.
The Company owns 100% of the Cobalt Mountain
Property (the “Property”) in the Omineca Mining Division of British
Columbia near the town of Smithers. The Company’s NI 43-101,
on SEDAR, notes historic sampling on the Property that returned
mineralized showings of gold, silver, copper, zinc and
cobalt. The Company also has 992 sq. km. of prospective
Pilbara Basin tenements on the eastern flank of the Pilbara Basin
in Western Australia, including a property that abuts Pacton Gold’s
tenement where gold-bearing conglomerates were identified.
For more information, contact investor relations at
info@montereyminerals.com
On Behalf of the Board of Directors,
James MacintoshPresident and CEO
Neither the Canadian Securities Exchange nor its
regulation services provider has reviewed or accepted
responsibility for the adequacy or accuracy of this press
release
This press release may include forward-looking
information within the meaning of Canadian securities legislation,
concerning the business of the Company. Forward-looking
information is based on certain key expectations and assumptions
made by the management of the Company. Although the Company
believes that the expectations and assumptions on which such
forward-looking information is based on are reasonable, undue
reliance should not be placed on the forward-looking information
because the Company can give no assurance that they will prove to
be correct. Forward-looking statements contained in this
press release are made as of the date of this press release.
The Company disclaims any intent or obligation to update publicly
any forward-looking information, whether as a result of new
information, future events or results or otherwise, other than as
required by applicable securities laws.
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