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Mosaic Minerals Corp Announces Resignation of Chief Financial Officer
MONTREAL, Oct. 27, 2021 (GLOBE NEWSWIRE) -- The management of Mosaic Minerals Corp. (“Mosaic” or the “Company”) (CSE: MOC) today announced that Martin Nicoletti
About this update from Mosaic Minerals Corp
[{"type":"text","content":" MONTREAL, Oct. 27, 2021 (GLOBE NEWSWIRE) -- The management of Mosaic Minerals Corp. (“Mosaic” or the “Company”) (CSE: MOC) today announced that Martin Nicoletti, Chief Financial Officer (CFO), has left the Corporation to pursue other interest. Mr. Nicoletti has agreed to assist in a smooth transition. Effective immediately, Jonathan Hamel will assume the role of interim CFO until a permanent successor to Mr. Nicoletti is appointed. \"I would like to thank Mr. Nicoletti for making this transition as smooth as possible and wish him continued success in his future endeavors,\" says Mosaic President and CEO Jonathan Hamel. Grant of Stock Options The Company also announces that incentive stock options have been granted to directors, officers, and consultants to purchase up to 500,000 common shares at a price of $0.095 per share for five years, pursuant to its Stock Option Plan. The Company currently has 45,678,500 shares issued and outstanding, along with 4,550,000 options (including the options described above). About Mosaic Minerals Corporation Mosaic Minerals Corp. is a Canadian mineral exploration company listed on the Canadian Security Exchange (CSE: MOC) now focusing on the exploration for future strategic Copper-Nickel-Zinc deposits in the Quebec Province territory which have a long and successful history of base metal production principally in the Rouyn-Noranda, Matagami, Val d’Or and Chibougamau mining camps. On Behalf of the BoardM. Jonathan HamelPresident & [email protected] This release contains certain “forward-looking information” under applicable Canadian securities laws concerning the Arrangement. Forward-looking information reflects the Company’s current internal expectations or beliefs and is based on information currently available to the Company. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “projects”, “potential”, “scheduled”, “forecast”, “budget” or the negative of those terms or other comparable terminology. Assumptions upon which such forward-looking information is based includes, among others, that the conditions to closing of the Arrangement will be satisfied and that the Arrangement will be completed on the terms set out in the definitive agreement. Many of these...