Solstice Announces Appointment of New CFO
April 01 2024 - 8:08AM
Solstice Gold Corp. (TSXV: SGC) (“
Solstice”,
“we”, “our” or the “
Company”) is pleased to
announce the appointment of Mark Laycock as Chief Financial
Officer.
Pablo McDonald, Solstice CEO said, “I am pleased
to welcome Mark Laycock to the Solstice team. His in-depth
experience in financial disclosure, financings, and accounting will
be a great asset to the Company. Mark has provided senior
accounting services to Solstice for several years and his
outstanding work has made him an excellent choice to become
Solstice’s CFO. I have no doubt Mark will excel in this role.
I would also like to extend my sincere thanks to
our outgoing CFO David Fischer for his guidance and support during
his time with the Company. David has been CFO for over five years
and has been a steady hand during periods of growth and change at
Solstice. It has been a pleasure working with David and I wish him
all the best in his future endeavours.”
Mr. Laycock is a CPA, CGA with over 15 years of
accounting and finance experience in both private and public
companies listed on the Canadian and U.S. stock exchanges. Over the
past five years he has provided senior accountant and financial
reporting services to a number of listed companies including Great
Bear Resources Ltd., Northern Empire Resources, Kodiak Copper
Corp., and Solstice.
In connection with Mr. Laycock’s appointment,
pursuant to Solstice's stock option plan, the Company issued to him
600,000 stock options exercise for common shares of the Company at
an exercise price of $0.05 with a term of five years with one third
vesting immediately, one third after one year and one third after
two years. The stock options are governed by the Company’s stock
option plan. Mr. Laycock’s appointment as CFO of the Company is
subject to acceptance and approval by the TSX Venture Exchange.
About Solstice Gold Corp.
Solstice is an exploration company with quality,
district-scale gold and lithium projects in established mining
regions of Canada. Our Qaiqtuq Gold Project which covers 886 km2
with certain other rights covering an adjacent 683 km2, hosts a 10
km2 high grade gold boulder field, is fully permitted and hosts
multiple drill-ready targets. Qaiqtuq is located in Nunavut, only
26 km from Rankin Inlet and approximately 7 km from the Meliadine
Gold Mine owned by Agnico Eagle Mines Limited. Our 194 km2 Red Lake
Extension (RLX) and New Frontier projects are located at the
northwestern extension of the prolific Red Lake Camp in Ontario and
approximately 45 km from the Red Lake Mine Complex owned by
Evolution Mining. Our district-scale Atikokan Gold Project is
approximately 23 km from the Hammond Reef Gold Project owned by
Agnico Eagle Mines Limited. An extensive gold and battery metal
royalty and property portfolio of over 80 assets was purchased in
October 2021. Well over $2 million in value and three new royalties
have been generated since the acquisition.
Solstice is committed to responsible exploration
and development in the communities in which we work. For more
details on Solstice Gold, our exploration projects and details on
our recently acquired portfolio of projects please see our
Corporate Presentation available at www.solsticegold.com.
Solstice’s Chairman, David Adamson, was a
co-award winner for the discovery of Battle North Gold
Corporation's Bateman Gold deposit and was instrumental in the
acquisition of many of the district properties in the Battle North
portfolio during his successful 16 years of exploration in the Red
Lake.
Sandy Barham, M.Sc., P.Geo., Senior Geologist,
is the Qualified Person as defined by NI 43-101 standards
responsible for reviewing and approving the technical disclosures
of this news release.
Neither 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.
On Behalf of Solstice Gold
Corp. Pablo McDonald, Chief Executive OfficerFor further
information on Solstice Gold Corp., please visit our website at
www.solsticegold.com or contact:Phone: (604)
283-7234info@solsticegold.com
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