Vancouver, British Columbia--(Newsfile Corp. - April 14, 2021) - BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M0) ("BMEX" or the "Company") is very pleased to announce the appointment of Warner Uhl as President, CEO and Director of the Company. After an extensive search, Warner quickly emerged as the candidate of choice, due to the combination of his work experience, his history of successful project execution in various stages of exploration and resource development, as well as his seamless fit within the organizational culture at BMEX. Warner assumes this leadership role during an active exploration season, with BMEX having just completed its inaugural drill program at the King Tut property.
Warner has more than 30 years' experience as a senior mining professional. He has worked in executive management with mining, construction, and engineering companies to help bring resource projects from exploration, through feasibility, to commissioning. He has been involved in all stages of mine development and operations as a Project Director, Senior Vice President Technical Services, Chief Project Officer and Manager of Mining and Metals for companies in the Americas and Australia. He is very familiar with working in Ontario and Quebec, most recently Warner served as the Project Director for Wood Engineering on the IAMGOLD Côté Gold Project. He has also worked on development proposals for Wallbridge Mining. Throughout his career, social license of mining projects has been another focal point of his success as he worked with local communities and First Nations groups to foster a culture of partnership with these important stakeholders. Warner brings both a technical and financial background to his new role at BMEX and holds a Master of Business Administration, is a Certified Risk Manager, a Certified Safety Officer, and a Project Management Professional.
Mr. Victor Cantore, Chairman of the Advisory Board for BMEX Gold commented, "I am very pleased to welcome Warner to the role. The Advisory Board and Board of Directors have already had excellent discussions with him and I value his hands-on approach to the BMEX exploration program. He brings the right amount of leadership tempered with practical know-how to this role."
"I have met the BMEX team and I am excited to be working with them. I am honoured to have been selected to lead this company with its two highly prospective projects in Quebec's Abitibi Greenstone Belt. Between the historical drilling results and the recent exploration campaign, BMEX Gold has the potential to be the next big gold play," said Warner Uhl, President and CEO of BMEX Gold.
In connection with his appointment, Mr. Uhl has been granted 500,000 stock options, exercisable at $0.25 per share for a period of five years. The options vest over a period of three years.
About BMEX Gold Inc.
BMEX Gold Inc. is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in mining-friendly jurisdictions such as Quebec, Canada. BMEX is currently fully focused on earning 100% interest in its two projects, both located in the prolific Abitibi greenstone belt:
- King Tut Project consists of 120 contiguous claims on 5,206 hectares
- Dunlop Bay Project consists of 76 mineral claims that cover 4,226 hectares
BMEX common shares trade under the symbol "BMEX" on the TSX-V and under the symbol 8M0 on the Frankfurt Exchange.
For further information please contact:
BMEX Gold Inc.
Dylan Sidoo, Business Development
Tel: 1 (604) 423 4499
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 release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
This news release contains "forward-looking statements" and "forward looking information" (as defined under applicable securities laws), based on management's best estimates, assumptions, and current expectations. Such statements include but are not limited to, statements with respect to the plans for future exploration and development of the King Tut and Dunlop Bay properties and the acquisition of additional exploration projects. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts" , "anticipates" "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those expressed or implied by such statements, including but not limited to: risks related to the King Tut and Dunlop Bay projects; risks related to general economic conditions, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; increases in market prices of mining consumables, possible variations in resource estimates, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of exploration, development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in areas in which the Company operates. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements and forward looking information are made as of the date hereof and are qualified in their entirety by this cautionary statement. The Company disclaims any obligation to revise or update any such factors or to publicly announce the result of any revisions to any forward-looking statements or forward looking information contained herein to reflect future results, events or developments, except as require by law. Accordingly, readers should not place undue reliance on forward-looking statements and information. Please refer to the Company's most recent filings under its profile at www.sedar.com for further information respecting the risks affecting the Company and its business.
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