McLaren Announces the Appointment of Dr. Andrew J. Ramcharan as Director
Toronto, Ontario (FSCwire) - McLaren Resources Inc. (“McLaren” / the “Company”) (CSE:
MCL, Frankfurt: 3ML) announces that Andrew J. Ramcharan Ph.D., P.Eng, FAusIMM was appointed as director of McLaren.
“We are very pleased that Dr. Ramcharan has joined the Board of Directors of McLaren. Andrew brings a wealth of experience to
McLaren in technical and business and we look forward to his contribution to the success of the Company.” said John Heslop,
Executive Chairman of the Company.
Dr. Ramcharan has international experience in over 200 mining project evaluations, mergers and acquisitions, and financial
analysis. He worked in project start-up to production, investment banking, consultancy and corporate development. While at
IAMGOLD, Dr. Ramcharan was involved in major take overs valued at over $800M, private placements $20M, capital finance $800M, and
divestiture of mining companies. Dr. Ramcharan led a major discovery of over one (1) million ounces of gold that is NI43-101
Complaint in Panama in 2013. While at Dynatec he worked on the Neutrino Lab. that went on to win the Physics Noble Prize in
2015. He lectured at University of Toronto in Mineral Resource and Mineral Reserve Estimation MIN301.
Dr. Ramcharan is a graduate of the Colorado School of Mines, the University of Leoben and of Harvard University's Continuing
Education program. An expert on National Instrument 43-101 with his Ph.D thesis on global reporting codes. Dr. Ramcharan is also
a Registered Member of The Society for Mining, Metallurgy and Exploration (SME) in USA, and Fellow of The Australasian Institute
of Mining and Metallurgy.
McLaren also announces that its Board of Directors has approved the grant of 300,000 incentive stock options to company
directors and consultants. The options are exercisable at $0.125 per share for periods of up to five years from issuance.
About McLaren
McLaren is focused on exploration work on its gold properties located in the Timmins Gold District. The TimGinn Property hosts
the former Gilles Lake Mine located adjacent to the Hollinger Mine operated by Goldcorp. The Augdome Property hosts gold
mineralized zones adjacent to the Dome Mine operated by Goldcorp in Central Timmins. The Blue Quartz property hosts the former
Blue Quartz Mine located 10 km north of the Black Fox Mine in East Timmins operated by Primero Mining.
On Behalf of the Board of Directors of McLaren Resources Inc.
"John Heslop"
John Heslop, Executive Chairman
Contact information:
Radovan Danilovsky, Interim President
McLAREN RESOURCES INC.
44 Victoria Street, Suite 1616
Toronto, Ontario M5C 1Y2
Tel: 416 203 6784
For more information see the McLaren website: www.mclarenresources.com
The CSE has neither approved nor disapproved the contents of the press release. The CSE does not accept responsibility for
the adequacy or accuracy of this release.
Certain statements contained in this news release constitute "forward looking statements". When used in this document, the
words "anticipated", "expect", "estimated", "forecast", "planned", and similar expressions are intended to identify forward
looking statements or information. These statements are based on current expectations of management; however, they are subject to
known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the
forward-looking statements in this news release. Readers are cautioned not to place undue reliance on these statements. McLaren
Resources Inc. does not undertake any obligation to revise or update any forward-looking statements as a result of new
information, future events or otherwise after the date hereof, except as required by securities laws.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/McLarenPR05182017.pdf
Source: McLaren Resources Inc. (CSE:MCL)
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