Business
TriMetals Mining Inc. Announces Name and Stock-Symbol Change, Board and Management Changes, and Start of Drilling at Gold Springs
VANCOUVER, BC / ACCESSWIRE / October 10, 2019 / TriMetals Mining Inc. (TSX:TMI) (OTCQB:TMIAF...
About this update from Gold Springs Resource Corp.
[{"type":"text","content":"TriMetals Mining Inc. Announces Name and Stock-Symbol Change, Board and Management Changes, and Start of Drilling at Gold SpringsVANCOUVER, BC / ACCESSWIRE / October 10, 2019 / TriMetals Mining Inc. (TSX:TMI) (OTCQB:TMIAF) (the “Company” or “TMI”) is pleased to announce certain changes to reflect the Company's focus on the Gold Springs project in mining friendly Nevada and Utah, following the divestiture of the Escalones copper project and the receipt of payment from Bolivia of the arbitration award in relation to the Malku Khota silver-indium project.Name Change and Stock Symbol Change The Company intends to change its name to Gold Springs Resource Corp. The Company believes that the new name more accurately reflects the Company's focus on the exploration and development of the gold resources at Gold Springs. The Company also intends to change the stock symbol on the TSX to \"GRC\" and on the US OTCQB, to be consistent with the new name of the Company.The name and stock symbol changes are expected to become effective in the upcoming weeks.Board and Management ChangesThe Company is pleased to announce that Horst Daspersgruber has joined the board of directors. Mr. Daspersgruber is the President of Kevel Consulting SA, a Swiss corporation which exercises control or direction over 10.1% of the Company's common shares. Mr. Daspersgruber is a Swiss financial consultant, primarily advising and managing international investment funds. He has over 30 years of experience in stock markets, derivatives, financial engineering and arbitrage. Matias Herrero, President and CEO of the Company commented \"We are pleased to have Horst joining the board of directors of the Company. Horst brings to TMI extensive European capital markets experience, valuable for the Company's investor outreach efforts in Europe\".The Company also announces that Tina Woodside has been appointed as chair of the Company's board of directors, replacing Robert van Doorn, who will continue as a director of the Company.Ms. Woodside is one of Canada's leading corporate and securities lawyers and one of Gowling WLG (Canada) LLP's two firm managing partners. Ms. Woodside has 25 years' experience advising in corporate finance, M&A and corporate governance matters, with a particular focus on the natural resources and mining sectors.M...