Mr.
Former President & CEO
We are excited that Reagan has decided to take the reigns at Pacific Bay,' said outgoing Pacific Bay CEO
The Company wishes to thank
I'm excited to be joining the Pacific Bay team and look forward to dedicating my energies to building shareholder value,' said incoming Pacific Bay President & CEO
About
Contact:
Tel: (604) 682-2421
This news release contains 'forwardlooking statements' within the meaning of Canadian securities legislation. Forwardlooking statements include, but are not limited to, statements with respect to: the expected size and use of proceeds of the Offering, the timing for and expected completion of a definitive option agreement, plans relating to exploration of the Property, the magnitude and quality of the Property, spending commitments, and regulatory approvals (including approvals of the TSXV). Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Pacific Bay will operate in the future. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forwardooking statements include, amongst others, the global economic climate, dilution, share price volatility and competition, results of exploration activities and development of the Property, risks associated with the completion of a definitive option agreement for the Property or that any such agreement may be terminated or the option not exercised, risks relating to regulatory approvals, and the ability of the Company to complete the Offering as contemplated or at all. Although Pacific Bay has attempted to identify important factors that could cause actual results to differ materially from those contained in forwardlooking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forwardlooking statements. Pacific Bay does not undertake to update any forwardlooking statements, except in accordance with applicable securities laws.
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