CSE: AUEX ($0.01) - CLICK FOR LATEST STOCK PRICE
Toronto, Ontario - September 29, 2023 - Advanced Gold Exploration Inc (AUEX.CSE) or (The Company) is excited to announce the appointment of Andrew Ramcharan PhD, P.Eng. as President.
Appointment of President
Mr. Jim Atkinson CEO of Advanced Gold Exploration stated "I am pleased to announce the appointment of Andrew Ramcharan as President of the company. Mr. Ramcharan has over 20 years' unique experience in the mining industry which includes investor relations, project evaluation, operations, capital markets, consultancy, and investment banking. Andrew has a track record of growing companies with recent significant success at Roscan Gold with the creation of over $100m in less than 14 months."
He went on further to say "Andrew's vast experience and sound technical knowledge coupled with a financial side will be valuable to your company. He will assist AUEX in the identification, analyzing and due diligence in evaluating mining projects or companies for Mergers and Acquisitions, and Investments and will assist in technical areas within the company. We anticipate that his extensive contacts and knowledge in the business will be invaluable to the continued success of our company."
Among his past accomplishments, Andrew has created and implemented Investor Relations Policies and Corporate Strategies with significant success and has completed over 300 project evaluations globally on many commodities and proposed over 40 different investment strategies. In addition, he has been involved in the completion of two major takeover transactions worth $800M and $1.5B Capital Cost and raised over $1B in funding. He was also, directly involved in the sale of assets and has directly assisted in putting four mines into production and significantly contributed to the growth of numerous companies including IAMGOLD.
While at Sprott was conducting Project Evaluation and successfully deployed over $500M
– the most deals in any year.
His PhD from Colorado School of Mines included a minor in Mineral Economics He also attended Harvard Business School (short course on strategy investment).
In connection with his appointment, the Company has granted Andrew Ramcharan incentive stock options to purchase up to an aggregate of 150,000 common shares exercisable on or before February 12, 2029 at a price of $0.10 per share.
Marketing
In further news; the Company would also like to announce that they have contracted the Public Relations and Marketing firm 6ix to perform Investor and Public Relations for the company. We will be working closely with them to expand our investor base and also to ensure that our shareholders are kept abreast of the activities of the company. They are an AI -powered marketing firm who will allow us to connect with our present and future share holders.
Please subscribe to their website www.6ix.com for announcements and news and to review their platforms..
Corporate
On the corporate side, with the goal of rationalizing the corporate balance sheet by reducing costs, the company has decided to change its auditor. We will now be using MS Partners LLP, Chartered Accountants for our upcoming Audit.
ABOUT ADVANCED GOLD EXPLORATION INC.
Advanced Gold Exploration (Formerly Advance United Holdings Inc.) brings an entirely different approach to the mining industry. We don't mine. Rather, we've acquired a portfolio of undervalued gold properties and are increasing their value through the application of modern technology. We have a growing pipeline of similar properties that we are looking to acquire. We are involved exclusively in the acquisition and advancement of past projects – with no intent to bring them back into production or to mine them ourselves. Our expertise is in identifying and acquiring undervalued properties with significant historical work, which were uneconomic at the time, but we believe have economic value at today's prices. We fund the re-working historic data and applying modern technology to underwrite new qualified reports, document quantifiable resources and reserves to current standards, thereby recognizing the current value. Our purpose is to bring immediate and long-term value to our partners and shareholders while seeking to eliminate exploration risk, so that we can all advance in the shortest possible time frame. For additional information about us, our projects, or to find out how we can assist in the advancement of your project contact our CEO.
Contact Information
James Atkinson, M.Sc., P. Geo.,
CEO Advanced Gold Exploration Inc.
Email: jim@advancedgoldexploration.com
Tel: (647) 278-7502
Forward-Looking Information and Cautionary Statements
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
