Vancouver, British Columbia – April 21, 2022: C2C Gold Corp. (CSE:CTOC; OTCQB:CTCGF) (the “Company” or “C2C”) announced today that, effective immediately, Lori Walton has resigned for personal reasons from her position as Chief Executive Officer. Janet Sheriff, C2C’s Executive Chair, has been appointed Interim Chief Executive Officer noting the Board of Directors has established an Executive Search Committee to select a new Chief Executive Officer. Ms. Walton will continue to serve as a Director of the Company and as a consultant to provide essential continuity as the Company advances its gold exploration projects in Newfoundland, Canada.
“I look forward to continuing to work with C2C Gold Corp. as both a Director and consultant,” stated Lori Walton. “It was a pleasure to work with my colleagues, supply and service providers, and government officials to complete our first exploration season in Newfoundland. We are currently working to integrate and build on our 2021 field season results and plan to kick off the 2022 field season imminently.”
Ms. Sheriff comments “C2C accomplished a significant first phase exploration program in 2021, all of which is due to Lori’s commitment to deliver an aggressive program across a large land base. C2C is now preparing to commence its 2022 season with several drill ready targets and we will continue, with our technical team, to unlock the potential value of our projects in the Central Newfoundland Gold Belt. I want to thank Ms. Walton for her commitment to C2C and look forward to continuing to work with her going forward.”
Ms. Janet Sheriff brings 25 years of senior management industry experience to her role as Executive Chair, and Interim Chief Executive Officer, of C2C Gold Corp. Ms. Sheriff previously served as Chief Executive Officer of Golden Predator Mining Corp and President of Tigris Uranium (now enCore Energy Corp.). Ms. Janet Sheriff is the founder of Newfoundland.Gold, a strategic marketing alliance promoting the progressive jurisdiction of Newfoundland & Labrador and the region’s leaders in exploration & mining. She also serves as Co-Founder and President of Group 11 Technologies, a private company focused on the development of non-invasive and environmentally-friendly precious metals extraction. With a strong commitment to social responsibility and community engagement she has successfully negotiated and implemented socio-economic and exploration agreements with indigenous governments plus implemented numerous innovative programs to ensure community involvement in corporate projects. Ms. Janet Sheriff holds a Bachelor of Arts (Economics) degree from Queens University (1986), and is a recipient of the Queen’s Jubilee Commemorative Medal awarded for outstanding achievements by Canadians.
About C2C Gold Corp.
C2C is a Canadian mineral exploration company focused on acquiring and developing mineral projects in Newfoundland, Canada. The Company controls 1,261 km2, one of the largest land positions on the Central Newfoundland Gold Belt, including the Badger, Millertown, Barrens Lake, South Tally, and Lake Douglas projects with road access and proximity to communities and power lines. C2C also holds a portfolio of projects within the prolific White Gold and Klondike districts in Canada’s Yukon.
For additional information:
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release may include forward-looking statements that are subject to risks and uncertainties and can be identified by the use of forward-looking terminology such as “expected”, “will be”, “anticipated”, “may” or variations of such words and phrases or statements that certain actions, events or results “will” occur. All statements within, other than statements of historical fact, are to be considered forward looking. Forward looking statements in this news release include but are not limited to: the structure of the Option; the exercise of the Option; and the completion of the Joint Venture. Although the Company believes the expectations expressed in such 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 forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.