TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) — EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold Global” or the “Company”), a clean technology company accelerating the world’s transition to a circular-resource economy, today announced that its Board of Directors has appointed Mr. Malcolm Smith as Chief Executive Officer and Member of the Board of Directors effective February 20th, 2024.
“We are excited to have Mr. Smith join the team, he’s a seasoned executive with over twenty-five years of experience in business development and capital markets. I believe his leadership combined with our world class team will make 2024 an inflection point for our company as we move towards commercialization of our ESG technology to recover precious, critical, and strategic metals by transforming mining waste into profitable, responsible resource development,” said Allan Bezanson, Chairman of EnviroGold Global.
“I want to thank Dr. Mark Thorpe for his leadership over the last three years leading the team in the development and expansion of EnviroGold’s technology platform. The Company is currently working with five major global metal production companies, and I expect 2024 to be a big year for EnviroGold,” said Mr. Smith. “I look forward to making EnviroGold a global success with its proprietary technology helping the mining industry produce clean metal from waste by unlocking high-grade resources trapped in mine waste (tailings).”
Mr. Smith brings decades of experience as a senior executive in capital markets with a professional background that includes positions at West Harbour Capital, EdgeHill Partners, Salida Capital, National Bank Financial and First Marathon Securities.
Dr. Thorpe will be stepping down due to personal reasons and the Company wishes him all the best in his future endeavours.
About EnviroGold Global
EnviroGold Global is a CleanTech company that uses proprietary technologies to reduce the environmental liabilities of wastes from mining projects while maximizing return for its shareholders. The company is dedicated to establishing ESG and circular economy leadership by profitably reprocessing and remediating mine waste (tailings) to recover precious, critical, and strategic metals – including gold, silver, copper, zinc and nickel.
Further Information
Mr. Malcolm Smith
Chief Executive Officer
Telephone: +1 416 777 6720
Email: InvestorRelations@EnviroGoldGlobal.com
Website: www.EnviroGoldGlobal.com
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Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of applicable securities laws, including, without limitation, earnings guidance, economic guidance, operational guidance and future capital spending amounts. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements.
Graphical representations included in this news release are approximate representations which may vary from defined regulatory boundaries.
Generally, such forward-looking information or forward-looking statements 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 may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements pertaining to the use of funds from the Financing and the anticipated closing date of the Financing, and the Company’s ability to accelerate the world’s transition to a circular resource economy. Forward-looking information in this news release are based on certain assumptions and expected future events, namely: the Company’s ability to continue as a going concern; the continued commercial viability and growth in the clean technology and mining waste reprocessing industry; continued approval of the Company’s activities by the relevant governmental and/or regulatory authorities; the continued development of clean technology and mining waste reprocessing technology; and the continued growth of the Company. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; the Company’s inability to accelerate the world’s transition to a circular resource economy, the risks associated with assessing metallurgical recovery rates from mine tailings and waste and related volumetric assessments, the risks associated with the mining and mining waste recycling industry in general; increased competition in the clean technology and waste reprocessing market; the potential unviability of the clean technology and mining waste reprocessing market; incorrect assessment of the value and potential benefits of various transactions; risks associated with potential governmental and/or regulatory action with respect to clean technology and mining waste reprocessing; risks associated with a potential collapse in the value of clean technology and waste reprocessing; and risks relating to the Company’s potential inability to expand its reprocessing pipeline.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
