Wednesday, May 22, 2024

Sitka Gold Corp.: Transitioning to TSX Venture Exchange and Welcoming a New Board Member


Sitka Gold Corp. Moves to TSX Venture Exchange and Expands its Board

Vancouver-based mining exploration company Sitka Gold Corp. (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) has officially announced its approval for listing on the TSX Venture Exchange (TSX-V), marking a significant milestone in the company’s growth trajectory. This strategic move comes after meeting rigorous regulatory requirements and is set to de-list from the Canadian Securities Exchange at the market close on March 4, 2024, with trading on the TSX-V commencing the following day.

“Transitioning to the TSX-V represents a pivotal moment for Sitka, as it aligns us with a broader spectrum of investment channels both domestically and internationally,” clarified Cor Coe, Director, and CEO of the company. Coe expresses optimism about increasing the company’s exposure to a wider pool of investors, which is anticipated to accelerate the development of Sitka’s gold discoveries in the Yukon and Nevada, as well as other mineral assets across its comprehensive project portfolio.

The company’s trading symbol, “SIG”, will remain the same post-listing, with no required action from its shareholders. Sitka’s shares will maintain their presence on the OTCQB Marketplace under the symbol “SITKF” and on the Frankfurt Stock Exchange as “1RF”.

Welcoming a New Director

In conjunction with its listing achievement, Sitka Gold Corp. is delighted to announce the appointment of Angus Campbell, P. Geo., as a new member of its Board of Directors. With over 30 years of global project experience, including significant contributions to major mining and exploration projects, Campbell brings an invaluable wealth of expertise. His career milestones include a Vice President role at Sabina Gold and Silver Corp., culminating in a lucrative acquisition by B2Gold Corp., and pivotal leadership roles in exploration and health safety environment initiatives across the Americas and parts of Asia.

“Angus’s induction into our board couldn’t have come at a more strategic time,” stated Cor Coe. “His extensive background and award-winning contributions to the mining sector are invaluable assets that will undoubtedly propel Sitka’s flagship RC Gold Project in Yukon and our entire mineral portfolio towards further success.” In line with this appointment, Campbell has been granted 400,000 incentive stock options under the company’s new 10% rolling stock option plan.

Engagement and Upcoming Events

Sitka Gold Corp. has outlined an extensive agenda of appearances and presentations across several prominent industry events, including the Tombstone Gold Rush Breakfast in Toronto, and international platforms such as the Swiss Mining Institute in Zurich and the 121 Mining Investment conference in London. These engagements underscore Sitka’s commitment to enhancing its profile within the global investment community.

Strengthening Investor Relations

The company has also embarked on a new chapter in its marketing and shareholder communication endeavors, securing a 12-month investor relations agreement with Jennifer Coe, B.Sc. With over 15 years of marketing expertise, Coe is tasked with broadening Sitka’s visibility and appeal within the investment sector through a multichannel approach encompassing digital marketing, broadcasting, and direct communication strategies.

About Sitka Gold Corp.

Sitka Gold Corp. is a mineral exploration company focused on discovering and developing gold, silver, and copper deposits across its property portfolio in North America. Recent highlights include the announcement of a NI 43-101 compliant initial inferred Mineral Resource Estimate of 1,340,000 ounces of gold at its RC Gold Project in Yukon. Guided by a seasoned team of industry professionals, Sitka is dedicated to advancing its projects through strategic exploration and development efforts.

Statements made in this release include forward-looking information that involves various risks and uncertainties. These statements relate to future events, financial forecasts, and projections about the company’s business and development prospects, including the continuous listing on the TSX-V and advancements in its project portfolio. While the company believes these forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements.

For further details on Sitka Gold Corp. and its portfolio, please visit our official website.

Jordan Clark
Jordan Clark
Jordan Clark brings a dynamic and investigative approach to business reporting. Holding a degree in Business Administration and a certification in Data Analysis, Jordan has an eye for detail and a knack for uncovering the stories behind the numbers. His career began in the bustling world of Silicon Valley startups, giving him firsthand experience in tech entrepreneurship and venture capital. Jordan's reports often focus on technology's impact on business, startup culture, and emerging

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