SolGold announces Kevin O’Kane, Maria Amparo Alban and Keith Marshall to its Board as Independent Directors

– AUSTRALIA, Brisbane –  SolGold Plc (LON: SOLG | TSX: SOLG) today announced the appointments of Kevin O’Kane, Maria Amparo Alban and Keith Marshall to its Board as Independent Non-Executive Directors, subject to relevant regulatory approvals.

“I am absolutely delighted to welcome Mrs Maria Amparo Alban, Mr Kevin O’Kane and Mr Keith Marshall to the Board of SolGold. Mrs Amparo Alban’s connections and extensive experience in external affairs and operational sustainability in Ecuador, combined with Mr Marshall’s and Mr O’Kane’s experience in South American mine development and block cave mining, will provide invaluable knowledge and guidance as SolGold emerges to add mine development to its repertoire of award-winning exploration skills in Ecuador,” said Board Chair, Liam Twigger.

These three appointments will contribute significant experiences and a diverse skillset to the SolGold Board. The presence of Mr O’Kane in Vancouver will assist with Canadian market exposure, and the presence of Keith Marshall in the UK will assist with UK market exposure. Maria Amparo Alban’s Ecuadorean presence will assist with ongoing Ecuadorean support for the project and the Company.

The Company’s ultimate goal is to ensure optimal Board governance and executive leadership performance to complement the existing award-winning exploration expertise, with skills relevant to the successful development of the tier 1 Alpala Project.

As previously announced, the composition, independence and diversity of the Board was identified as an area to develop. These new appointees will provide a wide range of expertise, in particular in mine development, large-scale and underground mining operations and external affairs and sustainability gained in top-tier organisations and environments close to the Company’s markets in North America and London, as well as SolGold’s operating jurisdiction in Ecuador.

Liam Twigger added: “The Board of SolGold is completely cognisant that exploration and discovery will always remain the core key value driver for the Company. The new appointments are designed to complement SolGold’s valuable track record and intellectual property in this area.”

About Kevin O’Kane

Mr Kevin O’Kane is based in Canada and is a mining engineer with almost 40 years’ experience in the global mining industry. Kevin has worked extensively for BHP in South America and has significant executive-level operation leadership skills which he gained from large scale copper mines, including almost nine years at La Escondida. He is fluent in Spanish and brings a wealth of technical, operational and HSCE leadership combined with South American knowledge to the SolGold Board.

About Maria Amparo Alban

Mrs Maria Amparo Alban has more than 25 years’ experience in international trade and sustainable development, particularly environmental compliance. Maria has worked in several countries and was instrumental in the Free Trade Agreement negotiation between Ecuador and the United States on environmental matters. Maria has served as an advisor to Ecuador’s Trade Ministers, Ministry of Environment, United Nations Environmental Program and was the founding partner of the Inter-American Institute for Justice and Sustainability. She is a lawyer by background and has taught international trade negotiation, sustainable development and environmental law for over a period of ten years. Maria’s Ecuadorean experience and knowledge will provide exceptional value to the SolGold Board during permitting and fiscal agreement negotiations in Ecuador.

About Keith Marshall

Mr Keith Marshall is based in the UK and has over 40 years’ experience in the mining sector and has worked on significant underground mines around the world. During the last fifteen years with Rio Tinto, Keith held senior mine leadership roles. Keith’s last two operational roles with Rio Tinto were as Managing Director of the Palabora Mining Company in South Africa and three years as president of the Oyu Tolgoi Project in Mongolia.

Keith’s underground block cave mining experiences will provide SolGold with extensive knowledge and guidance for the development of the Alpala Project. Keith’s diverse technical and executive-level operational leadership experiences broaden the Company’s skill base and will play a key role in advising on strategic development decisions.

About SolGold

SolGold is a leading resources company focussed on the discovery, definition and development of world-class copper and gold deposits. In 2018, SolGold’s management team was recognised by the “Mines and Money” Forum as an example of excellence in the industry and continues to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is the largest and most active concession holder in Ecuador and is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean Copper Belt.

For more information:

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.