Global Vanadium Corp. Announces New CEO and Name Change
Vancouver, September 1, 2020 - Global Vanadium Corp. (TSXV: GLV) (FSE: 5GP) ("Global" or the "Company") is pleased to announce the appointment of Mr. Jeff Poloni as Chief Executive Officer and Director. Kosta Tsoutsis, comments, "The current board and management are delighted to welcome Jeff to Global Vanadium. Our ability to attract such industry professionals speaks volumes about the quality of our assets. We remain committed to continue building our management team and developing our assets for the benefit of our shareholders."
Mr. Poloni has 30 years of experience in mineral exploration and corporate management on projects in South, Central and North America. He has held director and senior officer positions in a number of TSX Venture listed companies, providing exploration management, SOP's and corporate governance. He is currently President of both JCMP Management Corp. and Auranita Resources Corp.
The appointment of Mr. Poloni as Director and CEO follows the resignation Mr. Tsoutsis as CEO. Global thanks Mr. Tsoutsis for his efforts and contributions to date. Mr. Tsoutsis will remain as a Director to the Company.
The Company also wishes to announce that it will seek TSX Venture Exchange approval to change the name of the Company to K9 Gold Corp.
In accordance with current TSX-V policies, shareholder approval will not be required for the proposed name change. The name change has been approved by the Company's board of directors. The effective date of the name change will be disclosed in a subsequent news release.
"Kosta Tsoutsis"
CEO, Director
For further information, please contact:
Kosta Tsoutsis
Chief Executive Officer and Director
Global Vanadium Corp.
email: kosta@globalvanadium.com
Telephone: 604 808-9134
Brian Morrison
Chief Financial Officer and Director
Global Vanadium Corp.
email: brian@globalvanadium.com
telephone: 604 312-6910
The Company is listed on the TSX Venture Exchange.
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.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Global's intention to continue to identify potential transactions and make certain corporate changes and applications. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Global will obtain from them. These forward-looking statements reflect managements' current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Global's inability to identify transactions having satisfactory terms or at all and the results of exploration or review of properties that Global does acquire. These forward-looking statements are made as of the date of this news release and Global assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.