|By Marketwired .||
|June 26, 2014 06:00 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/26/14 -- Williams Creek Gold Limited ("Williams Creek Gold" or the "Company") (TSX VENTURE: WCX) announces that Mr. Jim Wyant has resigned as Chairman and CEO and as a director of the Company. Mr. Wyant tendered his resignation to the Company, which was accepted by the board of directors on June 25, 2014. Williams Creek Gold would like to thank Mr. Wyant for his service to the Company.
Dr. Hans P. Black has been appointed as the Interim Chairman and CEO of the Company as of June 25, 2014. Dr. Black is currently serving on the Board of Directors of the Company.
The Board is also pleased to announce that Mr. William Molson has been appointed to the Board.
Mr. Molson has 30 years of investment experience, with most of his career spent at UBS Securities Canada Inc. where he was a Managing Director. Mr. Molson has extensive experience in assisting companies with capital raisings, mergers and acquisitions and investment related strategies. He is currently President and Managing Director of various Invico Energy funds, a director of Aurora Oil and Gas and an advisor to Saguenay Capital. Mr. Molson is also Co-chair of The Study School Foundation in Montreal.
About Williams Creek Gold
Williams Creek Gold Limited is a Canadian company with the primary purpose of participating broadly in the natural resource sector, with an emphasis on the gold sub-sector, through exploration, joint ventures or other equity investments.
The Company owns various mineral interests in the Cariboo, Kamloops and Omineca Mining Divisions in the province of British Columbia. The Company also has a joint venture outside of Yellowknife, NT, and a net 30% interest in the ATW diamond property in the MacKenzie Mining District of the Northwest Territories.
On behalf of the Board of Williams Creek Gold Limited:
Dr. Hans P. Black, Director and Interim Chairman and CEO
FORWARD LOOKING STATEMENTS
This news release may contain forward-looking statements including management's assessments of future plans and operations, and the anticipated timing of meeting the terms of its joint venture agreement obligations. These statements are based on current expectations that involve a number of risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to, the risks associated with the mining and exploration industry (e.g. operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures), and the uncertainty of the availability of capital. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The forward-looking statements contained in this news release are made as at the date of this release. Except as required by applicable law, Williams Creek Gold disclaims any intention and assumes no obligation to update or review any forward-looking statements, whether as a result of new information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Williams Creek Gold Limited
Dr. Hans P. Black
Interim Chairman and CEO