Radisson Appoints Peter MacPhail to Board of Directors and Pierre Beaudoin to Board Chairperson
July 17 2024 - 6:30AM
Radisson Mining Resources Inc. (TSX-V: RDS, OTCQB:
RMRDF) (“
Radisson” or the
“
Company”) is pleased to announce the appointment
of Mr. Peter MacPhail as a member of Radisson’s Board of Directors
and M. Pierre Beaudoin as Chairperson, effective immediately.
Peter MacPhail joins Radisson’s Board with over
35 years of operational mining experience in Canada, Mexico, and
Australia. Between 2015 and 2022, Peter was Chief Operating Officer
of Alamos Gold Inc. Prior to Alamos, he served as the Chief
Operating Officer of both AuRico Gold Inc. and Northgate Minerals
Inc. During his tenure at these organizations, Peter oversaw the
construction of the Young Davidson mine, initial expansions at the
Island Gold mine and construction of the La Yaqui Grande mine in
Mexico. Between 2022 and 2024 he served as a director and
subsequently chairperson of Marathon Gold Corporation prior to its
acquisition by Calibre Mining Corporation.
Pierre Beaudoin has been a member of Radisson’s
Board of Directors since 2021. He is a seasoned mining executive
with more than 30 years of international experience with
operations, project development and mineral processing. Between
2018 and 2024 Pierre served as Chief Operating Officer of
SilverCrest Metals Inc. overseeing the construction and development
of the Las Chipas mine in Sonora, Mexico. Pierre continues to serve
as a member of the Silvercrest Board of Directors. Between 2010 and
2017, Pierre led the design, construction, development, ramp-up and
operations of the Detour Lake Gold mine. Prior to that, Mr.
Beaudoin spent several years with Barrick Gold, Lac Minerals Ltd.
and Noranda Minerals.
Matt Manson, Radisson’s President and
CEO, stated: “These appointments announced today complete
a seven-person Board of Directors at Radisson with a strong
technical focus and multiple decades of experience in the
successful exploration and development of Canadian precious metals
projects. This experience will serve Radisson well as we continue
our exploration efforts at the O’Brien Project and look to future
potential mining. I am grateful to Pierre in assuming the role of
Chairperson and Peter in joining a board that also includes Lise
Chenard, Michael Gentile, Cindy Valence, Jeff Swinoga and
myself.”
Concurrent with these appointments, the Company
announces the grant of 600,000 stock options. Pursuant to the terms
of the stock option plan each option grants the holder thereof the
right to purchase one class A share at a price of $0.18 until July
17, 2029.
Radisson Mining Resources
Inc.
Radisson is a gold exploration company focused
on its 100% owned O’Brien project, located in the Bousquet-Cadillac
mining camp along the world-renowned Larder-Lake-Cadillac Break in
Abitibi, Québec. The Bousquet-Cadillac mining camp has produced
over 25,000,000 ounces of gold over the last 100 years. The project
hosts the former O’Brien Mine, considered to have been Québec’s
highest-grade gold producer during its production.
For more information on Radisson, visit our website at
www.radissonmining.com or contact:
Matt MansonPresident and
CEO416.618.5885mmanson@radissonmining.com
Hubert Parent-BouchardChief Financial Officer
819.763.9969hpbouchard@radissonmining.com
Forward-Looking Statements
All statements, other than statements of
historical fact, contained in this press release including, but not
limited to, those relating to the intended use of proceeds of the
Offering, the development of the O’Brien project and generally, the
above “About Radisson Mining Resources Inc.” paragraph which
essentially describes the Corporation’s outlook, constitute
“forward-looking information” or “forward-looking statements”
within the meaning of applicable securities laws, and are based on
expectations, estimates and projections as of the time of this
press release. Forward-looking statements are necessarily based
upon a number of estimates and assumptions that, while considered
reasonable by the Corporation as of the time of such statements,
are inherently subject to significant business, economic and
competitive uncertainties and contingencies. These estimates and
assumptions may prove to be incorrect. Many of these uncertainties
and contingencies can directly or indirectly affect, and could
cause, actual results to differ materially from those expressed or
implied in any forward-looking statements and future events, could
differ materially from those anticipated in such statements. A
description of assumptions used to develop such forward-looking
information and a description of risk factors that may cause actual
results to differ materially from forward-looking information can
be found in Radisson’s disclosure documents on the SEDAR website at
www.sedar.com.
By their very nature, forward-looking statements
involve inherent risks and uncertainties, both general and
specific, and risks exist that estimates, forecasts, projections
and other forward-looking statements will not be achieved or that
assumptions do not reflect future experience. Forward-looking
statements are provided for the purpose of providing information
about management’s endeavours to develop the O’Brien project and,
more generally, its expectations and plans relating to the future.
Readers are cautioned not to place undue reliance on these
forward-looking statements as a number of important risk factors
and future events could cause the actual outcomes to differ
materially from the beliefs, plans, objectives, expectations,
anticipations, estimates, assumptions and intentions expressed in
such forward-looking statements. All of the forward-looking
statements made in this press release are qualified by these
cautionary statements and those made in our other filings with the
securities regulators of Canada. The Corporation disclaims any
intention or obligation to update or revise any forward-looking
statements or to explain any material difference between subsequent
actual events and such forward-looking statements, except to the
extent required by applicable law.
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