Stakeholder Gold Corp. Announces New Chief Financial Officer
Toronto, May 25, 2018 - Stakeholder Gold Corp. (TSXV: SRC) ("Stakeholder" or the "Company") is pleased to announce the appointment of Mr. Artie Hao Li CPA, CA as the Chief Financial Officer of the Company. Artie Hao Li CPA, CA is a Chartered Professional Accountant and has several years of corporate accounting experience gained with Ernst & Young LLP. Mr. Li has experience working with audit and accounting functions for public companies. He has experience with a variety of industries and has knowledge of financial reporting and accounting standards. Mr. Li holds a Bachelor of Commerce degree from the University of Toronto and is an experienced accounting professional.
The Company is also pleased to report that is has closed on a private placement financing for gross proceeds of $75,500. Stakeholder has issued 302,000 units ("Units") priced at 25 cents per Unit. Each Unit consists of one common share ("Common Share") and one-half of one warrant ("Warrant") to purchase one Common Share. Each whole Warrant is exercisable into one Common Share at a price of 50 cents for a period of two years from Friday, May 25th, 2018. The hold period for Common Shares issued is four months from the date of closing.
For further information please contact:
Christopher J. Berlet BSc (Mining), CFA
President & CEO
416 525 - 6869
cberlet@stakeholdergold.com
Forward Looking Information
This news release contains forward-looking information. All information, other than information of historical fact, constitute "forward-looking statements" and includes any information that addresses activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including the Corporation's strategy, plans or future financial or operating performance.
When used in this news release, the words "estimate", "project", "anticipate", "expect", "intend", "believe", "hope", "may" and similar expressions, as well as "will", "shall" and other indications of future tense, are intended to identify forward-looking information. The forward-looking information is based on current expectations and applies only as of the date on which they were made. The factors that could cause actual results to differ materially from those indicated in such forward-looking information include, but are not limited to, the ability of the Corporation to fund the exploration expenditures required under the Agreement. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in the Corporation's annual financial statements, MD&A and other publicly filed documents.
The Corporation cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Corporation does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
