Business
Pivit Exploration Inc. - Corporate Update
VANCOUVER, BC / ACCESSWIRE / May 31, 2019 / Pivit Exploration Inc. (CSE: PIVT) (FWB:P11)("Pivit" or the "Corporation") is pleased to provide the following updat
About this update from Red Lake Gold Inc
[{"type":"text","content":"VANCOUVER, BC / ACCESSWIRE / May 31, 2019 / Pivit Exploration Inc. (CSE: PIVT) (FWB:P11)(\"Pivit\" or the \"Corporation\") is pleased to provide the following update with regards to its Whirlwind Jack Gold Project situated in Red Lake, Ontario, changes to its management and directors, a non-brokered financing and option grant. Whirlwind Jack Gold Project The Corporation's Whirlwind Jack Gold Project is located near Red Lake, Ontario. The district-scale project consists of 613 mineral claims covering 30,584 acres and is adjacent to the Dixie Gold Project being advanced by Great Bear Resources Ltd. which recently announced exploration results (see Great Bear Resources Ltd. news release dated May 28, 2019, Great Bear Drills High-Grade Gold Discovery at Dixie). A map of Pivit's project may be viewed at: http://pivitx.com/whirlwind_belt.pdf Pivit is presently examining options for near-term inaugural exploration of the project inside the context of its previously announced strategic review. Director & Management Changes The Corporation announces that each of Messrs. Michael England, John Masters and Mark Malfair have resigned as a director of the Corporation. Mr. England has resigned as President and Chief Executive Officer of the Corporation, and Mr. Masters has resigned as Chief Financial Officer and Corporate Secretary of the Corporation. The Corporation announces the appointment of the following individuals as directors of the Corporation. Ryan Kalt, B.Comm., LL.B., M.B.A., LL.M. - Executive Chairman/Director Mr. Kalt is an experienced corporate executive and financier with more than 20 years of senior leadership and board of director roles at both private and publicly traded companies. He is currently the Chairman and Chief Executive Officer of Clean Commodities Corp. Prior to Clean Commodities Corp., Mr. Kalt was the CEO of Gold Royalties Corporation, an investment issuer listed on the TSX Venture Exchange, which was acquired by Sandstorm Gold Ltd. in 2015. Mr. Kalt is a past recipient of Finance Monthly's CEO Award and has received award recognition from the Business Development Bank of Canada, Export Canada, the Ontario Chamber of Commerce and other prominent business organizations. He holds a B.Comm. (Hons) from Queen's University, an LL.B. from the University of Western Ontario, an M.B.A. from the Richard Ivey...