ROS Roscan Gold

DGAP-News: Roscan Gold Strengthens Exploration Team with Appointment of Mr. David Reading as Technical Advisor

DGAP-News: Roscan Gold Corporation / Key word(s): Miscellaneous
Roscan Gold Strengthens Exploration Team with Appointment of Mr. David Reading as Technical Advisor

30.04.2020 / 12:00
The issuer is solely responsible for the content of this announcement.


Toronto, Ontario--(Newsfile Corp. - April 30, 2020) -  Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) ("Roscan" or the "Company") is pleased to announce the appointment of Mr. David Reading as Technical Advisor - Exploration Geology to the Company.

Mr. Sangmuah, President and CEO of the Company, commented: "We are proud and excited to have David join the Roscan Exploration Team as Technical Advisor. We believe his extensive experience and success in exploration discovery, and resource expansion will help unlock great value at our gold project for all Roscan shareholders. This comes at an important time as we try to unlock value from our exploration targets and ensure we strategically allocated resources to high priority targets."

Appointment of Mr. David Reading as Technical Advisor

Mr. Reading has significant expertise in the global gold mining industry with over 40 years' experience across the fields of exploration, feasibility, project development and mining. He is the former CEO of European Goldfields and Aureus Mining and the former General Manager of African exploration for Randgold Resources. In addition, he was Special advisor to Continental Gold until the recent sale to Zijin Mining for $1.4B and has consulted to various Toronto and London based Mining Groups with assets in the Americas and Africa.

Mr. Reading has an MSc in Economic Geology and is a fellow of Institute of Materials, Metals and Mining (IOM3) and the Society of Economic Geologists (SEG).

Stock Options

The Company's board of directors has approved the granting of 500,000 incentive stock options pursuant to the Company's Stock Option Plan to recently appointed David Reading, subject to approval. The options are exercisable at a price of $0.30 per share for a period of five (5) years.

About Roscan

Roscan Gold Corporation is a well-financed Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The Company has assembled a significant land position of 100%-owned permits in an area of producing gold mines (including B2 Gold's Fekola Mine which lies in a contiguous property to the west of Kandiole), and major gold deposits, located both north and south of its Kandiole Project in West Mali.

For further information, please contact:

Andrew J. Ramcharan
Executive Vice President - Corporate Development and Investor Relations
Tel: (902) 832-5555
Email:

Greg Isenor, P.Geo
Executive Vice-Chairman
Tel: (902) 832-5555
Email:

Forward Looking Statements

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information is characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and other risks involved in the mineral exploration and development industry, including those risks set out in the Company's management's discussion and analysis as filed under the Company's profile at . Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

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.

55138_9627871de47a9b91_logo.jpg

To view the source version of this press release, please visit

169

Click on, or paste the following link into your web browser,to view the associated documents /release/55138
News Source: Newsfile


30.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at


Language: English
Company: Roscan Gold Corporation
Canada
ISIN: CA77683B1076
EQS News ID: 1033843

 
End of News DGAP News Service

1033843  30.04.2020 

fncls.ssp?fn=show_t_gif&application_id=1033843&application_name=news&site_id=research_pool
EN
30/04/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Roscan Gold

 PRESS RELEASE

Roscan Gold Announces Positive Preliminary Economic Assessment for the...

Robust economics with after-tax NPV5% of US$498 M, IRR of 43%- and 2.8-year payback under a base case gold price of US$3,100/oz. This further improves toUS$836 M NPV5% and 62% IRR under a long-term consensus gold price of US$4,000/ozUS$1,293 M NPV5% and 85% IRR under a spot gold price scenario of US$5,280/ozAttractive production profile with average annual production of 92,786 oz Au over the first four years, with all-in-sustaining costs (AISC) averaging US$1,200/oz AuLife-of-mine production of 834,858 oz over an ~13 year mine life with AISC averaging US$1,568/oz31.1 Mt ore mined LOM with 3.8:...

 PRESS RELEASE

Roscan Gold Announces Fully Subscribed C$1.5 Million Convertible Note ...

 Toronto, Ontario--(Newsfile Corp. - February 6, 2026) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") announces that the Company has entered into a binding term sheet for a fully subscribed financing of C$1,500,000 through the private placement (the "Private Placement") of secured convertible note (the "Secured Convertible Note" or the "Note") of the Company with a group of investors (the "Note Holders"). The Notes will carry a 12% coupon over a one (1) year term (the "Maturity Date") with a conversion price of C$0.20 per Roscan Gold's Common Shares...

 PRESS RELEASE

Roscan Gold Announces Appointment of Chief Financial Officer and Grant...

Toronto, Ontario--(Newsfile Corp. - February 4, 2026) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce the appointment of Mr. Rahul Paul as Chief Financial Officer, and the granting of stock options to directors, officers, employees and consultants of the Company.Mr. Paul, who has been a member of the board of directors since September 2024, brings more than seventeen years of experience in capital markets and the mining industry. Most recently, he served as President and Chief Executive Officer of Radisson Mining Resources Inc....

 PRESS RELEASE

Roscan Gold Announces the Closing of the Previously Announced Note Fin...

Toronto, Ontario--(Newsfile Corp. - January 29, 2026) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce that, further to its press release of December 18, 2025, it has completed its non-brokered private placement through the issuance of an aggregate of CAD$1,505,000 principal amount secured subordinate promissory notes (the "Offering"). Gross proceeds of the Offering will be used for general corporate and working capital purposes.The Notes bear interest at 12% per annum from the date of issuance and shall mature on January 29, 20...

 PRESS RELEASE

Roscan Gold Announces Fully Subscribed C$1.5 Million Note Financing Le...

Toronto, Ontario--(Newsfile Corp. - December 18, 2025) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") today announced that the Company has entered into a binding term sheet for a fully subscribed financing of C$1.5 Million through the private placement (the "Private Placement") of a secured convertible note (the "Secured Convertible Note" or the "Note") of the Company with a group of investors (the "Note Holders"). The Notes will carry a 12% coupon over a one (1) year term with a conversion price of C$0.15 per Roscan Gold's Common Shares. Certain ma...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch