Vizsla Resources Strengthens Board of Directors and Appoints Special Advisors
TSX VENTURE: VZLA
Vancouver, British Columbia / TheNewswire / February 28, 2019 - Vizsla Resources Corp. (TSX-V: VZLA) ("Vizsla" or the "Company") is pleased to welcome Dr. Stuart Smith and Mr. Simon Cmrlec to the Board of Directors and Bryce Roxburgh and Yale Simpson to the role of Special Advisors to the Company. In conjunction with these appointments, Chris Dyakowski has resigned. The company would like to commend Mr. Dyakowski for his work with Vizsla. The Company wishes Mr. Dyakowski the best of luck with his future endeavors.
Michael Konnert, Chief Executive Officer, stated: "Vizsla is very excited to welcome such significant appointments to the Company. Dr. Smith (former Technical Director - Strategy & New Projects for Teck) and Mr. Cmrlec (President, Americas of Ausenco) both are respected industry leaders and Mr. Simpson and Mr. Roxburgh are industry veterans who recently guided both Exeter and Extorre to acquisition by major mining companies. These gentlemen, in addition to recent Board addition, Craig Parry, round out our team to include experience in M&A, exploration, engineering, capital markets and executive strategy"
Stuart has 30 years global exploration experience spanning the spectrum from global project generation to mine geology with a track record of discovery in brownfields and greenfields arenas.
Most recently Stuart was Technical Director - Strategy & New Projects for Teck Resources Ltd., based in Vancouver, Canada. In this role Stuart lead the team with global responsibility for new exploration project review and capture. Prior to that Stuart held the role of Specialist - Global Copper for Teck, based in Santiago, Chile in which he had responsibility for Teck's global Cu exploration portfolio. Prior to joining Teck, Stuart was Chief Geologist for the Oxiana-OZ Minerals-MMG group of companies and subsequently with the founders of Oxiana in the G-Resources, Tigers Realm and EMR companies. In these roles Stuart was responsible for activities across the full spectrum from global project identification and review to brownfields exploration and in-mine resource evaluation
Stuart holds a BSc (Hons 1) degree from the University of New England, Armidale, Australia and a PhD from CODES at the University of Tasmania, Australia.
Simon is currently President, Americas at Ausenco, one of the world's foremost EPCM companies. In his role he leads teams across Canada, USA, Brazil, Chile, Peru and Argentina.
Simon began his career with Western Mining at its Olympic Dam Operations in South Australia where he held a number of technical and operations roles. He was one of the Owners Representatives for the Olympic Dam Expansion Project (ODP) where he was involved in the design, construction and commissioning of the Smelter and Hydrometallurgical facilities. Following the completion of the ODP project Simon joined Kvaerner and was involved in the construction and commissioning of various base metals, iron ore and gold projects in the US, South America, Middle East and South Africa. In 2001 he joined Inco on the Goro Nickel project in New Caledonia as the Project Manager responsible for the Refinery facility. Simon held a number of roles on the Goro Nickel project including Senior Project Manager and Construction director in his eight years there. Simon joined Ausenco in 2009 and has held a number of positions with the company including President, Program Management and President APAC/Africa before moving to Canada in 2015 to take up his current role.
Simon attended the Gartrell School of Mining, Metallurgy and Applied Geology at the University of South Australia and graduated with a B.Eng (Hons) in Metallurgical Engineering in 1994.
Bryce Roxburgh obtained a Bachelor of Science degree in geology and geophysics from Sydney University in 1971 and a Fellow of the AusIMM. He has over 40 years' experience in the exploration and mining industry. From 1971 to 1989, Bryce worked for Amoco Minerals Australia Company and Cyprus Mines Corporation and was responsible for the exploration teams which discovered the Selwyn, Red Dome and Junction Reef mines. Between 1989 and 1998, he worked for Arimco N.L. and Climax Mining Limited where he was responsible for the teams which discovered the Didipio mine in the Philippines. In 2003 Bryce and colleague Yale Simpson established Exeter Resource Corporation focusing on gold and copper projects in South America. He was co-Chairman of Extorre Gold Mines Ltd., a successful spinout from Exeter Resource Corporation in 2010, which was bought by Yamana Gold Ltd. in 2012. Bryce was co-Chairman of Exeter until it was purchased by Goldcorp Inc. in 2017.
Yale Simpson has a Bachelor of Applied Science (Geological Engineering) from the University of British Columbia, Canada and is a professional geologist. Yale has more than 30 years' experience as a senior geologist, exploration manager and CEO of companies involved in precious metals projects in Australia, Africa, Eastern Europe and South America. Those companies included Pennzoil Company, Chevron Exploration, Australmin Holdings, Argosy Gold Mines and Black Swan Gold Mines Ltd. He was Co-chairman of Extorre Gold Mines Ltd., a successful spinout from Exeter, which was bought by Yamana Gold Ltd. in 2012 and was co-Chairman of Exeter until it was purchased by Goldcorp Inc. in 2017. His particular expertise is in strategic resource planning, financing and corporate communications. In addition to Adamera Minerals Corp. Yale is currently a director of Rugby Mining Limited.
In addition, the company has granted 2,010,000 options to directors, advisors, employees and consultants to the company. The options are exercisable at $0.15 per share for a period of 10 years and are subject to the policies of the TSX Venture Exchange.
About Vizsla Resources
Vizsla is a mineral exploration company engaged in the business of the acquisition, exploration and development of mineral resource properties. The Company has approximately 20,000,000 shares outstanding and has two exploration-stage projects in British Columbia. Vizsla's common shares trade under the symbol "VZLA" on the TSX-V. The Company website can be found at www.VizslaResources.com
Contact Information: For more information and to sign-up to the mailing list, please contact:
Michael Konnert, President and Chief Executive Officer
Tel: (604) 838-4327
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Information set forth in this news release regarding nearby or adjacent properties is not necessarily indicative of the potential mineralization on the Blueberry Property
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements include but are not limited to statements with respect to the activities or events or developments that the Company expects or anticipates will or may occur in the future, including, without limitation the anticipated exploration programs on the Blueberry Project and the results of such programs. Generally, but not always, forward-looking information and statements can be identified by the use of phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved).
Forward looking information and statements are based on current expectations, beliefs and estimates of management of Vizsla at the time such statements are made and are based on numerous assumptions, including among others the price of gold, copper and base metals, that financing will be available if and when needed and on reasonable terms, that the results of planned exploration activities are as anticipated, the cost of planned exploration activities, that third party contractors, supplies and governmental and other approvals required to conduct planned exploration activities will be available and on reasonable terms that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward-looking information or making forward looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
These forward-looking statements. involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Vizsla to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: fluctuations in general macroeconomic conditions; dependence on third party financing, uncertainty of the availability of additional financing, reliance upon key management, early stage nature of the Company's projects, fluctuations in securities markets and the market price of Vizsla shares; fluctuations in spot and forward prices of gold, copper, base metals or certain other commodities; change in national and local government, legislation, taxation, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; relationships with and claims by local communities and indigenous populations;; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities), deficiencies in the Company's title to its properties.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, Vizsla cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended.
Readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Vizsla assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.
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