Radisson Appoints Mr. Rejean Gourde to Board of Directors; Mr. Denis Lachance Becomes Chairman of the Board
ROUYN-NORANDA, QUEBEC--(Marketwired - Mar 4, 2016) - Radisson Mining Resources Inc. (TSX VENTURE:RDS) ("Radisson or the Corporation") is pleased to announce the appointment of Mr. Réjean Gourde, P. Eng. to its Board of Directors.
Mr. Gourde is a mining engineer graduated from Ecole Polytechnique of Montréal combining 40 years of experience in the mining industry. In 1987, after 12 years of work with Falconbridge and Ressources Aiguebelle, Mr. Gourde joined the company Cambior today known as IamGold. He notably served as Senior VP of Guiana Shield division of Cambior in South America. Since 2007, he is an independent consultant for corporations with operations in North and South America and Africa.
"We are delighted to welcome Mr. Gourde an international calibre engineer to our Board of Directors. As a junior developer, we keep strengthening our management team in order to follow the development of our main asset, the O'Brien project. While our organization will benefit from his vast experience, Mr. Gourde represents additional engineering expertise to the Board of Directors," said Radisson's President, Mario Bouchard.
As a Director, Rejean Gourde will be granted 100,000 stock options to acquire class A share of Radisson share capital at an exercise price of $0.14.
Denis Lachance elected as Chairman of the Board
Mr. Lachance joined the Board of Directors in January 2013. Through his extensive involvement he contributed to Radisson's reorientation and emergence as a junior developer by advancing the O'Brien gold project. Mr. Lachance, mining engineer and member of the Ordre des ingénieurs du Québec (OIQ) since 1982, has extensive experience as a developer and operator of base and precious metal deposits. Until 2012, he was President of Koniambo Nickel SAS, a $US5B joint venture responsible for the development of a mining and metallurgical complex, a power plant and a seaport for the exploitation of a Nickel deposit in New Caledonia.
Radisson gratefully thanks Mr. Jean-Marie Dupont founder of the company and Chairman of the Board since 2011. Thanks to his vision, Radisson is now in position to develop the O'Brien gold project under 100% ownership in world-renowned mining camp. M.Dupont will continue to serve as director on Radisson's Board of Directors.
PDAC 2016
Radisson invites shareholders and investors to meet the Company's management at booth #2908 at the PDAC convention, which will be held in Toronto from March 5th to the 9th.
M. Rejean Gourde appointment Radisson's Board of Directors is subject to the completion of formal documentation and receipt of regulatory approval, including the final approval of the TSX Venture Exchange.
About Radisson Mining Resources Inc.
Radisson is a Quebec-based mineral exploration company. The O'Brien project, cut by the regional Larder-Lake-Cadillac Fault, is Radisson's main asset. The project hosts the former O'Brien Mine, considered to have been the Abitibi Greenstone Belt's highest-grade gold producer during its production (1,197,147 metric tons at 15.25 g/t Au for 587,121 ounces of gold from 1926 to 1957; InnovExplo, April 2015).
For more information on Radisson, visit our website at www.radissonmining.com.
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.
Forward-Looking Statements: This press release may contain certain forward-looking information. All statements included herein, including the scheduled Closing date, but other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. 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.
Contact
Mario Bouchard
President and CEO
819-277-6578
mbouchard@radissonmining.com
