News Release – TSX-V: GV
/NOT FOR DISTRIBUTION TO A US NEWSWIRE SERVICE
OR FOR DISSEMINATION IN THE UNITED
STATES/
MONTREAL, April 1, 2020 /CNW Telbec/ - Guerrero
Ventures Inc. (TSXV: GV) ("Guerrero", "Guerrero Ventures" or
the "Company") is pleased to announce the appointment of
Elif Lévesque as Chief Financial Officer of the Company, effective
April 6th 2020.
Elif Lévesque, Chief Financial Officer of Guerrero, commented: "I am very pleased to
participate in the creation of Nomad Royalty Company. Together with
my partners at Nomad, we are excited to launch a new generation
royalty company and look forward to growing our business over the
next few years with the support of Orion and Yamana".
Ms. Lévesque is a Chartered Professional Accountant with
over 20 years of experience in finance, treasury and strategic
management in the Québec gold mining industry. Most recently, she
was Vice President Finance and Chief Financial Officer of Osisko
Gold Royalties Ltd since its creation in June 2014. In that capacity, she was responsible
for leading the efforts to list Osisko on the New York Stock
Exchange and played a key role in acquisitions of over C$1.5 billion in stream and royalty interests as
well as equity and debt financings of over C$1 billion. Prior to this, she held senior roles
at Osisko Mining Corporation from 2008 to 2014, including as Vice
President and Controller, and was part of the management team that
grew the company through the financing and construction of the
Canadian Malartic mine and the eventual sale to Yamana Gold Inc.
and Agnico Eagle Mines Ltd. for C$4.3
billion. She was a winner in the 2018 Aces of Finance
competition held by FEI Canada, Québec Section and was named as one
of the "Top 100 global inspirational women in mining", 2018 edition
of Women in Mining, UK.
Elif is a member of the board of directors of Cascades Inc.
where she serves on the audit and finance, corporate governance and
nominating committees. She also serves on the board of directors of
Gold Terra Resource Corp. where she is the chair of its audit
committee.
Elif has a Bachelor of Science degree in economics from the
Middle East Technical University and an
MBA with honors from Clark University,
MA, USA. She is a member of the Québec CPA Order and a graduate of
the Institute of Corporate Directors.
About Guerrero Ventures
Guerrero is a publicly listed company with a
focus on acquiring mineral assets that will provide the opportunity
to enhance shareholder value.
Guerrero has
recently entered into definitive purchase agreements with
funds related to Orion Resource Partners (USA) LP ("Orion") and Yamana Gold
Inc. and one of its affiliates ("Yamana") dated
February 23, 2020, to acquire two portfolios of royalty,
stream and gold loan assets for total consideration of
$268 million and $65 million, respectively
(the "Acquisitions"). Upon closing of the
Acquisitions and a concurrent private placement (together,
the "Transaction"), Guerrero intends to change its corporate name
to Nomad Royalty Company Ltd. ("Nomad"). All amounts
in this news release are expressed in United States dollars unless otherwise
indicated.
Completion of the Transaction is subject to a number of
conditions, including but not limited to, TSX Venture Exchange
acceptance and if applicable, disinterested shareholder approval.
Where applicable, the Transaction cannot close until the required
shareholder approval is obtained. There can be no assurance that
the Transaction will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the
management information circular or filing statement to be prepared
in connection with the Transaction, any information released or
received with respect to the Transaction, including the
Acquisitions and Private Placement, may not be accurate or complete
and should not be relied upon. Trading in the securities of
the Company should be considered highly speculative. This news
release does not constitute an offer to sell or the solicitation of
an offer to buy any securities in any jurisdiction.
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.
Investors are cautioned that, except as disclosed in the
Company's public filings, any information released or received with
respect to the Transaction may not be accurate or complete and
should not be relied upon. This news release does not constitute an
offer to sell or the solicitation of an offer to buy any securities
in any jurisdiction.
Notice on Forward-looking Statements
This news release
contains statements that may constitute "forward-looking
information" within the meaning of applicable Canadian securities
legislation. Forward-looking information may include, among
others, statements regarding the future plans, costs, objectives or
performance of the Company and its business, or the assumptions
underlying any of the foregoing. In this news release, words
such as "may", "would", "could", "will", "likely", "believe",
"expect", "anticipate", "intend", "plan", "estimate" and similar
words and the negative form thereof are used to identify
forward-looking statements. Forward-looking statements should
not be read as guarantees of future performance or results, and
will not necessarily be accurate indications of whether, or the
times at or by which, such future performance will be
achieved. The forward-looking events and circumstances
discussed in this release, including completion of the Acquisitions
and Private Placement, and possible listing of the Company's common
shares on the Toronto Stock Exchange, may not occur and could
differ materially as a result of known and unknown risk factors and
uncertainties affecting the Company, including risks regarding
royalty, stream and gold loan assets, the ability of the Company's
management to manage and to operate the business of the Company,
and the equity markets generally. Forward-looking information
is based on information available at the time and/or management's
good-faith belief with respect to future events and are subject to
known or unknown risks, uncertainties, assumptions and other
unpredictable factors, many of which are beyond the control of the
Company. These risks, uncertainties and assumptions include,
but are not limited to, those that will be described in the
Company's continuous disclosure documents to be filed, and which
will be available, on SEDAR at www.sedar.com, and could cause
actual events or results to differ materially from those projected
in any forward-looking statements. The Company does not
intend, nor does it undertake any obligation, to update or revise
any forward-looking information contained in this news release to
reflect subsequent information, events or circumstances or
otherwise, except if required by applicable laws.
SOURCE Guerrero Ventures Inc.