TORONTO, May 20, 2022
/CNW/ - Superior Gold Inc. ("Superior Gold" or the
"Company") (TSXV: SGI) (OTC: SUPGF) is pleased to announce the
filing of its management information circular for its upcoming
Annual General Meeting on June 23,
2022, which includes the nomination of Mr. Michael Pesner to the Board of Directors of the
Company as an independent director. After five years as Chairman of
the Board, Mr. Mark Wellings will
not be seeking re-election due to other professional commitments.
Mr. René Marion, currently an Independent Director, will be
nominated to replace Mr. Wellings as Chairman. Mr. Marion is an
accomplished Director and Chairman, with over 30 years of
diversified management and senior technical experience within the
mining sector. He brings a strong focus on corporate
governance, and risk management with significant expertise in
executing complex mergers and acquisitions. Mr. Marion was
previously Chairman of Richmont Mines Ltd. and Guyana Goldfields
Inc.
Mr. Pesner is President of Hermitage Canada Finance Inc., a
company he founded in 2002 that provides financial advisory,
mergers and acquisitions, and financial advisory services to public
and private corporations in diverse industries. Prior to that, he
spent 26 years at KPMG and predecessor firms where he accumulated a
considerable amount of experience in financial management,
corporate governance, and investment banking, including M&A
transactions as well as debt and equity financing. His past and
present directorship experience includes KPMG, David's Tea, Fonds
Régional de Montréal, FTQ, Richmont Mines, SAQ (Société des alcools
du Québec) and Wallbridge Mining to name just a few. His roles in
various capacities including Lead Director and Audit Committee
Chair, at such high-profile organizations, earned him the
distinction of being named as one of Quebec's Top 10 Corporate Directors in Les
Affaires newspaper.
Chris Jordaan, President, and CEO
of Superior Gold stated: "We are very pleased to nominate Michael
to the Board. The addition of his strong financial skill set will
be beneficial as we continue to grow and expand operations at the
Plutonic Gold Mine. We would also like to sincerely thank Mark for
his invaluable contributions to the Board over the last five
years. He has been the Chairman since the IPO and has
navigated the Company to the successful production growth story it
is today. We wish him all the best in his future endeavors."
About Superior Gold
Superior Gold is a Canadian-based gold producer that owns 100%
of the Plutonic Gold Operations located in Western Australia. The Plutonic Gold
Operations include the Plutonic underground gold mine and central
mill, numerous open-pit projects including the Plutonic Main Pit
push-back project, the Hermes open pit projects, and an interest in
the Bryah Basin joint venture. Superior Gold is focused on
expanding production at the Plutonic Gold Operations and building
an intermediate gold producer with superior returns for
shareholders.
Continue to Follow, Like and Watch our progress:
Web: www.superior-gold.com | Twitter: @SuperiorGoldInc |
Facebook: SuperiorGoldInc | Instagram: SuperiorGoldInc | LinkedIn:
Superior Gold Inc. | YouTube: Superior Gold
SOURCE Superior Gold