|December 23, 2015|
Energold Drilling Corp. Announces Appointment of New Independent Director
|Energold Drilling Corp. (EGD: TSX.V) ("Energold" or "the Company" or "Energold Group") is pleased to announce the appointment of Mr. Wolfram K.H. Raymer as an independent director of the Company, effective December 21, 2015.|
Mr. Frederick Davidson, CEO and President, of Energold commented as follows: "We are delighted to welcome Mr. Raymer to the Board as his extensive experience as a strategic advisor and investment fund manager for the natural resources sector will be extremely valuable for the Company".
Mr. Raymer brings over 30 years of investment industry experience to the Energold Board of Directors. He brings strong portfolio management and financing expertise to the Company. He is the Founder and Director of Ardana Advisors Limited. Previously he managed global investment funds for Soditic Asset Management LLP. Prior to that Mr. Raymer managed a fund as well as private client portfolios at JM Finn & Co and held the positions of Managing Director at TD Securities and Director of International Equity Sales for Richardson Greenshields. He has automotive engineering experience, an undergraduate degree and an MBA from York University.
Energold Drilling Corp. is a leading global specialty drilling company that services the mining, energy, water, infrastructure, green and manufacturing sectors in 25 countries. Specializing in a socially and environmentally sensitive approach to drilling, Energold provides a comprehensive range of drilling services from early stage exploration to mine site operations for all commodity sectors and has an established drill rig manufacturer, Dando Drilling International Ltd., based in the United Kingdom. Energold also holds 6.98 million shares of IMPACT Silver Corp., a silver explorer and producer in Mexico.
On behalf of the Directors of Energold Drilling Corp.,
"Frederick W. Davidson"
For further information, please contact:
Steven Gold - Chief Financial Officer
(416) 275-4070 or via email at email@example.com
Jerry Huang - Investor Relations Manager
(604) 681-9501 or via email at firstname.lastname@example.org
Neither 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 Statements: Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to proposed activities, work programs and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the effects of general economic conditions, a reduction in the demand for the Company's drilling services, the price of commodities, changing foreign exchange rates, actions by government authorities, the failure to find economically viable acquisition targets, title matters, environmental matters, reliance on key personnel, the ability for operational and other reasons to complete proposed activities and work programs, the need for additional financing and the timing and amount of expenditures. Energold Drilling Corp. does not assume the obligation to update any forward-looking statement.
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