Sandspring Retains Investor Relations Consultant
April 29 2014 - 7:00AM
Marketwired Canada
Sandspring Resources Ltd. ("Sandspring" or the "Company") (TSX VENTURE:SSP)
Sandspring is pleased to announce that it has retained the part-time investor
relations consulting services of Naomi Nemeth to enhance the Company's profile
and create greater awareness of the Company's plans and objectives among the
global investment communities, with an emphasis on highlighting the progress of
the Toroparu Project in Guyana.
Ms. Nemeth is a seasoned investor relations professional with more than 25
years' experience, the past ten of which have been focused on the mining
industry with companies such as Banro Corp (gold mining in the Democratic
Republic of the Congo), Loncor Resources (gold exploration in the DRC) Desert
Sun Mining (acquired by Yamana Gold), Wolfden Resources (acquired by Zinifex),
African Copper, Homeland Energy and Continental Gold. Ms. Nemeth began her
career as a geologist working in the Yukon, Northwest Territories and Ontario
and has an undergraduate degree in geology and biology from Brock University and
a Master's degree in journalism from the University of Western Ontario.
The Consulting Agreement with Ms. Nemeth has an initial term of six months and
provides for a monthly payment to Ms. Nemeth of $5,000 per month. In addition,
Ms. Nemeth is eligible to participate in the Company's stock option plan. The
Consulting Agreement is subject to the approval of the TSX Venture Exchange.
About Sandspring
Sandspring Resources Ltd. is a Canadian junior mining company currently in
advanced exploration and moving toward a definitive feasibility study for the
multi-million ounce Toroparu Project in the Republic of Guyana. Visit
Sandspring's website at www.sandspringresources.com.
Additional information on Sandspring can be viewed on SEDAR under the Company's
profile at www.sedar.com or on Sandspring's website at
www.sandspringresources.com. This press release includes certain forward-looking
statements concerning future performance and operations of the Company,
including management's objectives, strategies, beliefs and intentions.
Forward-looking statements are frequently identified by such words as "may",
"will", "plan", "expect", "anticipate", "estimate", "intend" and similar words
referring to future events and results. Forward-looking statements are based on
the current opinions and expectations of management at the time such statements
are made. All forward-looking statements and information is inherently uncertain
and may cause the actual results, performance or achievements of the Company to
be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements or information.
Forward-looking statements are subject to a variety of assumptions, risks and
uncertainties, including the speculative nature of mineral exploration and
development, fluctuating commodity prices, changes in project parameters as
plans continue to be refined, uncertainties of project cost overruns or
unanticipated costs and expenses, uncertainties inherent in conducting
operations in a foreign country, uncertainties related to the availability and
costs of financing needed in the future, uncertainties related to the ability to
enter into the contracts necessary to develop the mining project on reasonable
terms, the risk that the conclusion of pre-production studies may not be
accurate, the risk that the Company may be unable to successfully advance the
Toroparu Project to feasibility, risks that the Company may not obtain positive
results from ongoing evaluation and testing of multiple gold targets located
elsewhere in the Company's landholdings, operating or technical difficulties in
connection with mining or development activities, labour disputes, and contests
over title to properties, particularly title to undeveloped properties, among
other risks as described in our public filings available at www.sedar.com.
Actual events or results may differ materially from those projected in the
forward-looking statements and we caution against placing undue reliance
thereon. Sandspring Resources Ltd. has an ongoing obligation to disclose
material information, as it becomes available.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Sandspring Resources Ltd.
Richard A. Munson
Chief Executive Officer
(720) 854-0104
info@sandspringresources.com
www.sandspringresources.com
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