VANCOUVER, May 28, 2020 /CNW/ - Orca Gold Inc.
(TSX-V: ORG) ("Orca" or the "Company") is pleased to announce
that the nominees set forth in the Company's management information
circular dated April 27, 2020,
Richard Clark, Hugh Stuart, Robert
Chase, David Field and
Derek White were elected as
directors of the Company at the Annual General and Special Meeting
held on May 28, 2020 (the
"Meeting"). At the Meeting the shareholders also approved the
reappointment of PricewaterhouseCoopers, LLP as the auditors of the
Company and the authorization of the Company's board of directors
to fix the auditors remunerations. The shareholders also
ratified and approved the Company's 10% rolling Stock Option
Plan.
On behalf of the Board of Directors,
"Richard P. Clark"
Richard P. Clark | CEO &
Director | Orca Gold Inc. | 604.689.7842
About Orca Gold Inc.
Orca Gold Inc. (TSX-V: ORG) is a Canadian resource
company focused on exploration and development opportunities in
Africa. Led by a board of
directors made up of industry experts and a management team with a
track record of discovering and building significant mines
globally, Orca is developing one of the leading gold projects in
Africa. The Company is currently
focused on its 70%-owned Block 14 Gold Project in the Republic of
the Sudan on which a Feasibility
Study was completed in November
2018.
Cautionary Statement Regarding Forward-Looking
Information
Certain information contained in this
press release constitutes "forward-looking information",
within the meaning of Canadian legislation. Generally, these
forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects" or
"does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "occur", "be achieved" or "has
the potential to." Forward-looking statements contained in this
press release may include statements regarding the timing of the
completion of the second tranche of the private placement, the use
of proceeds and the future operating or financial performance of
the Company which involve known and unknown risks and uncertainties
which may not prove to be accurate. Actual results and outcomes may
differ materially from what is expressed or forecasted in these
forward-looking statements. Such statements are qualified in their
entirety by the inherent risks and uncertainties surrounding future
expectations. Among those factors which could cause actual results
to differ materially are the following: regulatory approvals, the
ability of the parties to satisfy conditions precedent to the
financing, market conditions and other risk factors listed from
time to time in our reports filed with Canadian securities
regulators on SEDAR at www.sedar.com. The
forward-looking statements included in this press release are made
as of the date of this press release and the Company disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as expressly required by applicable securities
legislation.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release
SOURCE Orca Gold Inc.
