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Moen's distinguished career spans various roles in the finance industry, notably serving as a Managing Director, head of sales for one of the premier wall street brokerage firms specializing in natural resources. His strategic insights and deep understanding of global markets will be invaluable as
He has advised Pension Funds, Sovereign Wealth Funds, and Financial Sponsors on strategic buyside and sell side opportunities. His sector focus includes technology, critical infrastructure, traditional energy, commodities, and renewables. He has advised on various buyside M&A and minority control opportunities. His geographic focus is
In 2008, Mike was a Canadian Foreign Service Officer running economic development attracting over
Previously, he held various positions at Goldman Sachs,
In addition to his role on
Relevant M&A Advisory / Origination Relationship Sponsors: KKR,
"We are very pleased to welcome
"I am excited to join
Moen's appointment follows a series of strategic moves by
Forward Split Record Date:
The Company announced on
The Company currently has 23,208,385 issued and outstanding common shares. Upon completion of the Share Split, there will be approximately 46,416,770 shares issued and outstanding.
The record date for the stock split is now being set and the Company will be announcing a date very shortlyin a subsequent news release once the record date has been confirmed. The purpose of the Share Split is to increase market liquidity of the common shares and to further allow institutional participation in up coming financings.
Completion of the Share Split remains subject to the approval of the Canadian Securities Exchange.
About
For further information, please view the Company’s filings atwww.sedar.com.
ON BEHALF OF THE BOARD
Chief Executive Officer, Director
Email: info@carmanahcorp.ca
Telephone: +1 (604) 716-1036
Disclaimer for Forward-Looking Information:
This news release includes certain forward‐looking statements and forward‐looking information (collectively, “forward‐looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding future capital expenditures, anticipated content, commencement, and cost of exploration programs in respect of the Company’s projects and mineral properties, anticipated exploration program results from exploration activities, resources and/or reserves on the Company’s projects and mineral properties, the anticipated business plans and timing of future activities of the Company, anticipated completion of the Private Placements, including the approval of the Canadian Securities Exchange for the Private Placements, are forward‐looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Often, but not always, forward looking information can be identified by words such as “pro forma”, “plans”, “expects”, “will”, “may”, “should”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof, and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. In making the forward‐looking statements in this news release, the Company has applied several material assumptions, including without limitation, that market fundamentals will result in sustained precious and base metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future exploration of the Company’s properties, that the COVID19 global pandemic will not affect the ability of the Company to conduct the exploration program on its mineral properties, the availability of financing on suitable terms, and the Company’s ability to comply with environmental, health and safety laws.
Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include, among others, statements as to the anticipated business plans and timing of future activities of the Company, including the Company’s proposed expenditures for exploration work on its mineral projects, the ability of the Company to obtain sufficient financing to fund its business activities and plans, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations, risks relating to epidemics or pandemics such as COVID–19, as well as those factors discussed under the heading “Risk Factors” in the Company’s prospectus dated
Readers are cautioned not to place undue reliance on forward‐looking statements. The Company undertakes no obligation to update any of the forward‐looking statements in this news release except as otherwise required by law.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.
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