Quimbaya Gold Inc. - New Directors and Chairman Appointment
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Alexandre P. Boivin, CEO of Quimbaya, commented: "I am delighted to have Juan Pablo and Pietro join the Company as valuable additions to Quimbaya's leadership team. Both are highly skilled entrepreneurs and bring their industry know-how at an important time for the Company as it prepares itself for the next phase of its growth in accretive shareholder value."
Additionally, the board has created a Management Committee composed of Alexandre P. Boivin, Juan Pablo Bayona and Pietro JL Solari. This collaborative team will strengthen Quimbaya's leadership in day-to-day responsibilities.
Concurrently Quimbaya also announces the resignations of Mr. Alexandre de Beaulieu and Mr.
Shareholders, existing directors and management warmly welcome
Quimbaya aims to consolidate gold reserves through exploration and acquisition of mining properties in Antioquia,
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Certain statements contained in this press release constitute "forward-looking information" as that term is defined in applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". Forward-looking information by its nature is based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Quimbaya to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These assumptions include, but are not limited to: the satisfaction of any additional conditions to the Transaction including, without limitation, any future acceptance of the proposed Transaction by the CSE or securities commission; and the receipt of all required approvals for the Transaction, including but not limited to any further acceptance, any board approvals, shareholder approvals or third party consents. Although Quimbaya's management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Readers are cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Quimbaya as of the date of this news release and, accordingly, is subject to change after such date. Except as required by law, Quimbaya does not expect to update forward-looking statements and information continually as conditions change.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.
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