Altamira Gold Corp EQTRF

Primary Symbol: V.ALTA

Metals & Mining Gold

Altamira Gold Corp. is focused on the exploration and development of gold and copper projects within western central Brazil. It holds six projects comprising approximately 190,000 hectares, within the prolific Juruena gold belt. Its Cajueiro Project comprises a large land package (28,557 ha) and is located in the Alta Floresta Gold Belt, a Proterozoic calc-alkaline volcanic arc, which includes medium to high-grade metamorphic crustal segments. Its Santa Helena project is located approximately 60 kilometers (km) southwest of Anglo American’s porphyry copper discovery at Jaca. Its Apiacas project comprises a package of properties covering seven main target areas which constitute the Apiacas district. The Apiacas project is located about 50 km west of Cajueiro project within the Alta Floresta Belt, an 82,000 ha land package. Its other projects include Colider, Nova Canaa and Porta Aberta. The Porta Aberta project is located approximately 13 km south-southwest of the Cajueiro project.

TSXV:ALTA - Post by User

Altamira Gold Corp

<< Previous

Bullboard Posts

Next >>

Post by AndyMan2on Mar 06, 2024 9:30am

90 Views

Post# 35917718

Altamira Gold Appoints Pieter Le Roux to Board of Directors

Vancouver, British Columbia--(Newsfile Corp. - February 22, 2024) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF), ("Altamira" or the "Company") is pleased to announce the appointment of Pieter Le Roux to the Board of Directors, effective immediately.

Mike Bennett, Altamira's President and CEO commented, "I am very pleased to welcome Pieter to the Board of Directors. We believe Pieter's broad expertise in finance, portfolio & capital allocation, capital management, transformational M&A, investor & stakeholder engagement and reputation management will be invaluable to the Company going forward. We believe that the fact that we have been able to attract someone as experienced and successful in our industry as Pieter to our Board speaks to the potential of our project portfolio in the Alta Floresta region of Brazil and, in particular, is a significant endorsement of the Cajueiro gold project and the nearby Maria Bonita gold discovery."

Pieter Le Roux has a BCom (Hons) in Accounting from the University of Johannesburg and is a Member of the South African Institute of Chartered Accountants. He is also a Member of the Singaporean Institute of Company Directors and a Member of the Australian Institute of Company Directors.

Pieter has significant finance, policy, legal, regulatory experience across a range of jurisdictions including Canada and Brazil, and has worked at Board and senior executive level in Australia, Singapore, China, Korea, Japan, India, Switzerland, UK, The Netherlands, USA, Brazil, Peru & Chile. From 1997 to 2017, he was employed by BHP in a variety of senior executive roles.

He is currently a non-executive director of International Gulf Mining which is developing a bauxite deposit in Guinea, and was previously a non-executive director of PanAust Limited from 2016 to 2023. Pieter was also Vice President and Managing Partner of Cyient Limited from 2018 to 2024. Cyient is a technology, asset performance and management consulting organization with 15,000 staff in 19 countries.

Pieter will act as an independent director of Altamira Gold and Chair of the Audit Committee. In connection with his appointment, Altamira also announces that it has granted 350,000 stock options which are exercisable for a term of 5 years at an exercise price of C$0.165 per common share. The options are subject to the Company's Stock Option Plan.

About Altamira Gold Corp.

The Company is focused on the exploration and development of gold projects within western central Brazil. The Company holds 8 projects comprising approximately 190,000 hectares, within the prolific Juruena gold belt which historically produced an estimated 7 to 10Moz of placer gold. The Company's advanced Cajueiro project has NI 43-101 resources of 5.66Mt @ 1.02 g/t gold for a total of 185,000 oz in the Indicated Resource category and 12.66Mt @ 1.26 g/t gold for a total of 515,000oz in the Inferred Resource category.

On Behalf of the Board of Directors,

ALTAMIRA GOLD CORP.

"Michael Bennett"

Michael Bennett
President & CEO

Tel: 604.676.5660
Toll-Free: 1-833-606-6271
info@altamiragold.com
www.altamiragold.com

Forward-Looking Statements
Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Except as required by law, we do not undertake to update these forward-looking statements.

Corporate Logo