TSX Venture Symbol: COR
OTCQB Symbol: CAMZF
Frankfurt: XC01
VANCOUVER, Aug. 8, 2018 /CNW/ - Camino Minerals Corporation ("Camino" or the "Company") (COR: TSX-V) announces that the Company has appointed Mr. John Williamson and Mr. Jeremy Yaseniuk to the Board of Directors. Mr. Williamson will also serve as President and CEO, while Mr. Yaseniuk will serve as Director of Business Development. Further, Ken McNaughton will continue to serve as a Board Member to help the transition. Mr. Guillermo Lozano-Chavez, M.Sc., MBA has resigned from the Board.
Ken McNaughton said: "We would like to thank Mr. Lozano for his service to the Company and wish him well in his new endeavors. I would also like to thank Mr. Williamson and Mr. Yaseniuk for joining Camino. Both John and Jeremy have been very successful in their careers and currently have a highly skilled management team supporting them. They have demonstrated their ability to move projects from grass roots through to production. I look forward to working with them to advance Camino."
The Company also reports that it has granted 900,000 incentive stock options to employees and consultants of the Company. The stock options are exercisable for a period of two years at an exercise price of $0.16 per share. The options were granted under and are subject to the terms and conditions of the Company's Stock Option Plan.
About Camino Minerals Corporation
Camino is a discovery-oriented mineral exploration company. The Company is focused on the acquisition and development of high-grade copper and precious metal projects. For more information, please refer to Camino's website at www.caminominerals.com.
Cautionary Note Regarding Forward-Looking Statements and Information
This News Release contains "forward-looking information" and "forward looking statements" within the meaning of applicable Canadian and United States securities legislation. Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words "anticipates," "believes," "may," "continues," "estimates," "expects," and "will" and words of similar import, constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking information may include, but is not limited to, information with respect to our planned exploration activities, the adequacy of our financial resources, the estimation of mineral reserves and resources, the results of future exploration and drilling. Wherever possible, words such as "plans", "expects", "projects", "assumes", "budget", "strategy", "scheduled", "estimates", "forecasts", "anticipates", "believes", "intends", "targets" and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking statements and information.
Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information, including, without limitation, those risks identified in the Company's annual disclosure materials, filed with the securities regulatory authorities in Canada and available at www.sedar.com. Readers are encouraged to read these materials. Prospective investors should not place undue reliance on forward-looking information.
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.
SOURCE Camino Minerals Corporation
Ken McNaughton, Director, Office: (780) 437-6624; Jeremy Yaseniuk, Director of Business Development, Phone: (604) 773-1467, [email protected], www.caminominerals.com
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