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Labrador Gold Announces Appointment of Kai Hoffman to the Board of Directors
VANCOUVER, British Columbia, May 14, 2019 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX-V: LAB) (“Labrador Gold” or the “Company”) is pleased to announce the app
About this update from Labrador Gold Corp
[{"type":"text","content":" VANCOUVER, British Columbia, May 14, 2019 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX-V: LAB) (“Labrador Gold” or the “Company”) is pleased to announce the appointment of Mr. Kai Hoffmann to the board of Directors. Mr. Hoffmann holds a Bachelor of Business Administration from the University of Bedfordshire in the UK and is a businessman with years of experience in the capital markets and commodities industry. He is the CEO of Soar Financial Group, consisting of a boutique merchant bank and corporate communications company, a publishing house and Oreninc, a website that tracks financings for Canadian listed exploration and mining companies. He is a regular keynote speaker at leading industry conferences and events. “On behalf of the existing Directors, I welcome Kai to the Labrador Gold Board, and we look forward to working with him.” said Roger Moss, President and CEO. “His experience in marketing and capital markets will benefit the company as we anticipate another exciting year in Labrador.” “I am excited to be joining Roger, Shawn and the Labrador Gold team. The coming months mark a pivotal time in the company’s development, and I am looking forward to not only support the team but also to help achieve the corporate goals.” comments Kai Hoffmann. The Company also announces the grant of 500,000 options to purchase common shares of the Company to Mr. Hoffmann and an additional 1,100,000 options to the existing directors, officers and a consultant. The options are exercisable at a price of $0.20 for a period of five years. Roger Moss, PhD., P.Geo., is the qualified person responsible for all technical information in this release. About Labrador Gold: Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in the Americas. In 2017 Labrador Gold signed a Letter of Intent under which the Company has the option to acquire 100% of the 896 square kilometre (km2) Ashuanipi property in northwest Labrador and the Hopedale (458 km2) property in eastern Labrador. The Hopedale property covers much of the Hunt River and Florence Lake greenstone belts that stretch over 80 km. The belts are typical of greenstone belts around the world but have been underexplored by comparison. Initial work by Labrador Gold during 2017 show gold anomalies in soils and lake sediments...