Edmonton, Alberta--(Newsfile Corp. - February 6, 2020) - Camino Minerals Corp. (TSXV: COR) (WKN: A116E1) ("Camino" or the "Company") Chairman Keith Peck is pleased to announce that Mr. Olav Langelaar has joined the Board of Directors of Camino.
Mr. Langelaar is currently a Managing Director at Dundee Goodman Merchant Partners, a division of Goodman & Company, Investment Counsel Inc. with offices in Toronto and Vancouver. He previously served as a Managing Director at Primary Capital Inc and as Director, for Dundee Securities Investment Banking from 2007 to 2011. Prior to that he had international industry experience, including roles with Ospraie Gold and Amerigo Resources (VP Corporate Development), Placer Dome (Manager of Corporate Finance and Insurance), Cameco, Cominco, and Agrium (Engineer, Maintenance and Construction). Mr. Langelaar has in excess of 25 years experience in the Canadian capital markets with specific expertise in mining operations and investment banking. He earned his Bachelor of Applied Science in Mechanical Engineering from the University of Waterloo, and an MBA from the Richard Ivey School of Business. He is also a member of the Association of Professional Engineers and Geoscientists of British Columbia.
Mr. Jeremy Yaseniuk has resigned as a member of the Board of Directors effective February 5, 2020. On behalf of the Board of Directors, we thank Mr. Yaseniuk for his service and wish him well with his future endeavors.
Options
The Company has granted incentive stock options to various directors, and officers to purchase up to 2,500,000 common shares of the Company on or before February 6, 2025, at an exercise price of $0.16 per share.
About Camino Minerals Corporation
Camino is a discovery and development stage copper exploration company. The Company is focused on advancing its high-grade, Chapitos copper project located in Peru, towards potential resource delineation and new discoveries. The Company seeks to acquire a portfolio of advanced copper assets that have the potential to deliver copper into an electrifying copper intensive global economy. For more information, please refer to Camino's website at .
ON BEHALF OF THE BOARD
/S/ "Jay Chmelauskas" For further information, please contact: Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release constitute forward-looking information. In making the forward-looking disclosures in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. Forward-looking information in the release includes completion of the Private Placement and appointments, the prospectivity of the project for future exploration, development and production on the Chapitos copper project and that actual results of exploration activities are consistent with management's expectations. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking information in this release is subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking information. Such risk factors include, among others, that actual results of the Company's exploration activities will be different than those expected by management, that the Company will be unable to obtain or will experience delays in obtaining any required approvals and the state of equity and commodity markets. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. Neither 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. To view the source version of this press release, please visit
President and CEO
Camino Investor Relations
Tel: (604) 608-4513
