Business
Sailfish Announces Appointment of Vice President of Corporate Development and Provides Update on Planned Spinout of Gavilanes Silver Property
Sailfish Announces Appointment of Vice President of Corporate Development and Provides Up...
About this update from Sailfish Royalty Corp.
[{"type":"text","content":"\n \n \n \n Sailfish Announces Appointment of Vice President of Corporate Development and Provides Update on Planned Spinout of Gavilanes Silver Property\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n TORTOLA,\n \n British Virgin Islands\n \n ,\n \n March 15, 2021\n \n /CNW/ - Sailfish Royalty Corp. (TSXV: FISH) (the \"Company\" or \"Sailfish\") is pleased to announce that the Board has appointed Paolo Lostritto as Vice President of Corporate Development with direct responsibility for the spinout of the Company's wholly owned\n \n Gavilanes\n \n silver property located in\n \n Durango, Mexico\n \n (\"Gavilanes\") planned for Q2 2021.\n \n \n \n \n \n \n \n \n \n On\n \n February 2, 2021\n \n , the Company announced that Mine Development Associates (\"MDA\"), a division of RESPEC, out of\n \n Reno, Nevada\n \n , was hired to prepare an updated mineral resource estimate on\n \n Gavilanes\n \n . The updated mineral resource estimate is a key milestone for the planned spinout of\n \n Gavilanes\n \n and the Company is pleased to report that MDA is expecting to complete their work in early Q2 2021.\n \n \n \n Cesar Gonzalez\n \n , Chief Executive Officer of Sailfish states that, \"Paolo's addition to the team comes at an important time for Sailfish. The updated mineral resource estimate on\n \n Gavilanes\n \n is nearing completion and various options for a spinout are being evaluated. Paolo's experience as a banker, analyst and mining engineer will prove invaluable in structuring a transaction that provides the highest value for shareholders.\"\n \n \n \n \n Paolo Lostritto Bio\n \n \n \n \n Mr. Lostritto has an extensive background in mining capital markets and working with companies across the globe since 1997. Paolo has helped assess different companies/projects and helped finance them as they advanced through exploration, development, and production. Some of the companies where Paolo was involved early include:\n \n Kirkland Lake Gold\n \n , Novagold and Lake Shore Gold in 2004; Romarco Minerals in 2006;\n \n Victoria Go...