Vancouver, BC / TheNewswire / May 25 2015 - Spanish Mountain Gold Ltd. (the "Company") (TSX-V:SPA) announces the retirement of Morris Beattie as a Director and Chief Executive Officer, effective May 31, 2015. Dr. Beattie has been actively involved with the Company's Spanish Mountain gold project since 2009. He has been instrumental in delineating a multi-million ounce gold resource and the successful completion of the preliminary economic assessment and several well received technical studies. He joined the Company's Board of Directors in March 2011 and was appointed Chief Operating Officer in September 2011 and CEO in October 31, 2013. The Company has benefited greatly from his exemplary leadership and over 40 years of project development expertise.
Ian Watson, Chairman of the Board, stated, "We are all grateful for Dr. Beattie's contributions to the Company and wish him well in his retirement."
The Board of Directors has appointed Larry Yau as the interim CEO. Mr. Yau has been the Chief Financial Officer of the Company since January 2010. His in-depth experience in the mining sector and his history with the Company will ensure a smooth transition period following Dr. Beattie's retirement.
About Spanish Mountain Gold Ltd.
Spanish Mountain Gold Ltd. is focused on the responsible development of its flagship Spanish Mountain gold project in southern central British Columbia, Canada. The Company has no debt and owns 100% of the Spanish Mountain gold property.
Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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