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THE UNITED STATES/
CALGARY, May 6, 2014 /CNW/ - Boxxer Gold Corp.
(BXX-TSXV/OTC-BXXRF) ("Boxxer"): Boxxer is pleased to
provide an update on corporate activities including a corporate
re-organization. In keeping with ongoing corporate succession
planning and reflecting the new business model, Boxxer is pleased
to make the following announcements:
Highlights:
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a) Mr. Jason Riley
has been appointed President and Chief Executive Officer of
Boxxer,
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b) Mr. Elmer B.
Stewart has accepted the position of interim Chief Operating
Officer. Mr. Stewart will remain as a director of
Boxxer,
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c) Ms Sophia Leung,
will be appointed to the Board of Directors of Boxxer subject to
the approval of the TSX-V, and
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d) In line with
Boxxer's stock option plan, the board of directors of Boxxer has
granted XXXXXX options to officer, directors and consultants of
Boxxer.
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Mr. Jason Riley, President of
Boxxer stated "On behalf of Boxxer, I wish to thank Mr. Stewart for
all of his past efforts and foresight in assembling our tremendous
portfolio of copper projects. I look forward to our continued
success in working together and also want to welcome Ms. Leung to
the board of directors."
Board Appointment
The appointment of Ms. Leung to the Board of Directors of
Boxxer, is subject to approval by the TSXV. Ms. Leung is a
Member of the Order of Canada, and
was previously the Chief Executive Officer and a director of Key
Venture Capital. Ms. Leung obtained a Bachelor of Science at
the University of Pittsburgh,
U.S.A. in 1957 and a Masters
Degree from the University of British
Columbia in 1966. She has focused her career in
community development and public services as a member of Parliament
in the House of Commons from 1997 to 2004. Ms. Leung also
serves as a director of GLG Life Tech Corp. (since 2007), a public
company which supplies high grade stevia extracts, a natural,
zero-calorie sweetener used in food and beverages.
Chief Operating Officer:
Mr. Stewart has accepted this position on an interim basis to
provide ongoing technical support for Boxxer as it continues to
execute its business model. Mr. Stewart's technical
experience in domestic and international exploration and mining
over the past 38 years is instrumental in directing the ongoing
work on current projects and future projects related to our
business model of pursuing joint ventures, royalty acquisitions and
consolidation within the junior mining sector.
Stock Option Grant:
In line with its stock option plan, Boxxer has granted
24,300,000 options to officers, directors and consultants.
The options are exercisable at a price of $0.05 per share and subject to vesting
provisions.
About Boxxer Gold Corp.
Boxxer is a Canadian junior resource company involved in the
exploration for large polymetallic copper deposits in North
America. Boxxer's active projects include the Boss and Buena
Vista copper projects in the state of Nevada, the Empire copper-gold-silver property
in Idaho, the DOK copper-gold
porphyry property in Northwest B.C., and the East Breccia
copper-silver-molybdenum property in Ontario. Boxxer also has
the Gordon Lake gold project located 110 kilometres north of
Yellowknife NWT, Canada.
For more information on Boxxer please visit our website at
www.boxxergold.com or contact Boxxer Gold Corp.
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.
Forward-Looking Information: This news release may
contain certain forward-looking information. All statements
included herein, other than statements of historical fact, are
forward-looking information and such information involves various
risks and uncertainties. In particular, this news release
contains forward-looking information regarding: the appointment of
Sophia Leung to the Board of
Directors of Boxxer; the appointment of Mr. Stewart as Chief
Operating Officer and the granting of stock option to officers,
directors and consultants of the corporation. There can be no
assurance that such forward-looking information will prove to be
accurate, and actual results and future events could differ
materially from those anticipated in such forward-looking
information. This forward-looking information reflects
Boxxer's current beliefs and is based on information currently
available to Boxxer and on assumptions Boxxer believes are
reasonable. These assumptions include, but are not limited
to: the acceptance by the TSXV of Ms. Leung as a director of
Boxxer, the appointment of Mr. Stewart as Chief Operating Officer
of Boxxer and the granting of stock options.
Forward-looking information is subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, levels of activity, performance or achievements of
Boxxer to be materially different from those expressed or implied
by such forward-looking information. Such risks and other
factors may include, but are not limited to: general business,
economic, competitive, political and social uncertainties; capital
market conditions and market prices for securities and junior
market securities; the actual results of Boxxer's business
operations including its exploration operations; natural resource
company market conditions and the market conditions of the natural
resource industry in general; competition; changes in legislation,
including environmental legislation, affecting the Boxxer; timing
and availability of external financing on acceptable terms; and
lack of qualified, skilled labour or loss of key individuals.
A description of additional assumptions used to develop such
forward-looking information and a description of additional risk
factors that may cause actual results to differ materially from
forward-looking information can be found in Boxxer's disclosure
documents on the SEDAR website at www.sedar.com. Although
Boxxer 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.
Accordingly, readers should not place undue reliance on
forward-looking information. Boxxer does not undertake to
update any forward-looking information except in accordance with
applicable securities laws.
SOURCE Boxxer Gold Corp.