Delta Gold Corporation Announces Board Additions and Results of Annual General
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/22/13 -- Delta
Gold Corporation (the "Company") (TSX VENTURE:DLT) is pleased to
announce the results of its Annual General Meeting ("AGM") held on
April 19, 2103.
The Company welcomed Jill Leversage to the Board of Directors. Marco
A. Romero, the Company's President and Chief Executive Officer, was
also elected to the Board. They join re-elected members: Colin K.
Benner, John P.A. Budreski, William Myckatyn and Roman Shklanka.
Ms. Leversage is presently a Managing Director at Highland West
Capital, a Vancouver based merchant bank. Previously, she was the
Team Leader and Managing Director of TD Securities' Vancouver
corporate and investment banking team. Ms. Leversage has over 25
years of experience successfully executing numerous debt and equity
financings and merger & acquisition advisory assignments for many
BC-based companies. Prior to her time at TD, she served as Managing
Director at RBC Capital Markets and Head of the Alternative Energy
Sector for North America. Ms. Leversage presently serves as Chair of
the BC Innovation Council. She is also a Director of Partnerships BC
and Eagle Star Minerals Corp. Ms. Leversage is a Fellow of the
Institute of Chartered Accountants of BC, holds a CBV designation
from the Canadian Institute of Chartered Business Valuators and
obtained a Bachelor of Commerce from the University of Calgary.
At the AGM, shareholders approved the next share payment to Goldcorp
USA Inc. (a subsidiary of Goldcorp Inc.) under the Imperial Property
Option Agreement, which may result in Goldcorp USA Inc. becoming a
new Control Person of the Company, as such term is defined in the
policies of the TSX Venture Exchange. The Company's New Share Option
Plan was also approved.
Details of the New Share Option Plan and the Imperial Option
Agreement are in the Company's Management Information Circular dated
March 15, 2013 and are available at www.sedar.com or by contacting
At a board meeting held after the AGM, the Company granted 6,150,000
share purchase options to directors and employees with an exercise
price of $0.12 and which expire on April 18, 2018.
About Delta Gold:
Delta Gold Corporation is a Canadian company whose goal is to build a
successful mid-tier gold producer committed to industry-leading best
practices. Our business strategy is to identify and evaluate mineral
investment opportunities located in favourable jurisdictions and
settings, and to prudently acquire and advance those projects that
are economically, socially and environmentally viable. We strive to
generate superior returns for our shareholders and for the
communities in which we operate.
The Exchange has in no way passed upon the merits of the proposed
Qualifying Transaction and has neither approved nor disapproved the
contents of this news release.
This document may contain "forward-looking information" within the
meaning of Canadian securities legislation and "forward-looking
statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995 (collectively,
"forward-looking statements"). These forward-looking statements are
made as of the date of this document and Company does not intend, and
does not assume any obligation, to update these forward-looking
statements, except as required under applicable securities
legislation. By their very nature forward-looking statements involve
known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of Company to
be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements.
Neither the Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Delta Gold Corporation
President & CEO
604-681-2020, ext. 101
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