TORONTO, Oct. 31, 2019 (GLOBE NEWSWIRE) -- QMX Gold Corporation (“QMX” or the “Company”) (TSX:V:QMX) is pleased to announce that Robert C. Bryce will be rejoining the Board of Directors effective immediately.
Mr. Bryce is a retired member of the Quebec Order of Engineers and a fellow of the Institute of Mining and Metallurgy. He has nearly 50 years of mine construction and operation experience. Mr. Bryce has extensive experience in Northwestern Quebec, including many junior exploration companies as well as larger operating companies such as Falconbridge Copper Ltd, Les Mines Selbaie and AUR Resources Inc. Since 1996, Mr. Bryce has been Chairman of the Board and President of Resource Abitex, and he has been a member of the board of several mineral exploration companies, including Integra Gold Corp and QMX Gold (and its predecessor company from 2003 to 2016).
“Robert will be an excellent addition to the QMX team. Not only is Robert intimately familiar with QMX and its assets from his time at AUR Resources and while on the board of QMX/Alexis from 2003 to 2016, his technical experience in the Abitibi will be invaluable as we advance our various targets in Val d’Or,” commented Brad Humphrey, President and CEO.
QMX has granted 250,000 stock options that vest immediately, subject to a four-month regulatory hold period, and may be exercised at a price of $0.10 per option for a period of five years from the date of grant. The grant of options is subject to the approval of the TSX Venture Exchange.
About QMX Gold Corporation
QMX Gold Corporation is a Canadian based resource company traded on the TSX-V under the symbol “QMX”. The Company is systematically exploring its extensive property position in the Val d’Or mining camp in the Abitibi District of Quebec. QMX is currently drilling in the Val d’Or East portion of its land package focused on the Bonnefond plug and in and around the Bevcon Intrusive. In addition to its extensive land package QMX owns the strategically located Aurbel Mill.
Cautionary Note Regarding Forward-Looking Information:
This press release contains or may be deemed to contain “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding future plans, operations and activities and the ability of the Company to continue as a going concern. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward looking information is subject to known and unknown risks. uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, its properties and/or its projects to be materially different from those expressed or implied by such forward-looking information, including but not limited to those risks described in the disclosure documents of the Company filed under the Company’s profile on SEDAR. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information. except in accordance with applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.