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TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | Fr: YGK) (“EnviroGold,” or the “Company”), a technology company enabling the global mining industry to monetize valuable metals contained in mine waste and tailings, reduce environmental liabilities and improve social and environmental outcomes, is proud to announce the appointment of Mr. Grant Freeman as Chief Operating Officer of the Company, effective immediately. Mr. Freeman brings over 20 years of experience in the mining and finance sectors. He previously served as CEO of Los Calatos Holding Limited, a significant copper project in Peru, owned by private equity, and as Managing Director for Mining Investment Banking Groups, including Casimir Capital (Asia Pacific) Pty Ltd and Transocean Securities.
Throughout his career, Mr. Freeman has successfully collaborated with numerous mining companies on project funding, utilizing both debt and equity financing. Notably, he advised Lynas Corporation, a significant rare earths producer, guiding the company to grow its market capitalization from $15 million to over $1 billion.
As EnviroGold leverages its proprietary technology to recover metals while at the same time reducing waste and rehabilitating acidic mine tailings, Mr. Freeman’s leadership will play a key role in advancing the Company's mission to drive sustainable mining practices.
CEO Statement
Chief Executive Officer Mr. David Cam stated, “The appointment of Mr. Freeman as Chief Operating Officer strengthens the EnviroGold Management Team as we move towards our first commercial scale customer tailings testing at our new demonstration plant. His leadership will be pivotal as the Company looks to commercialize the EnviroGold Clean Leach Process.”
About EnviroGold Global
EnviroGold is a technology company enabling the global mining industry to monetise valuable metals from mine waste and tailings and reduce environmental liabilities. EnviroGold’s proprietary technology is at the leading edge of demand for precious and critical metals and greater social demand for better environmental outcomes. The Company operates on a technology license fee model with low capex requirements and intends to establish itself as a leading global technology company focussed on shareholder value.
Contact
Mr. David Cam, CEO
Telephone: +1 281 851 7743
Email: IR@EnviroGoldGlobal.com
Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of applicable securities laws, including, without limitation, earnings guidance, economic guidance, operational guidance and future capital spending amounts. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein include, but are not limited to, any revenue opportunities for the Company, or significant economic and environmental benefits to the Company’s customers, and the Company’s ability to accelerate the world’s transition to a circular resource economy. Forward-looking information in this news release are based on certain assumptions and expected future events, namely: the Company’s ability to continue as a going concern; the continued commercial viability and growth in the clean technology and mining waste reprocessing industry; continued approval of the Company’s activities by the relevant governmental and/or regulatory authorities; the continued development of clean technology and mining waste reprocessing technology; and the continued growth of the Company. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; the Company’s inability to accelerate the world’s transition to a circular resource economy, the risks associated with assessing metallurgical recovery rates from mine tailings and waste and related volumetric assessments, the risks associated with the mining and mining waste recycling industry in general; increased competition in the clean technology and waste reprocessing market; the potential unviability of the clean technology and mining waste reprocessing market; incorrect assessment of the value and potential benefits of various transactions; risks associated with potential governmental and/or regulatory action with respect to clean technology and mining waste reprocessing; risks associated with a potential collapse in the value of clean technology and waste reprocessing; and risks relating to the Company’s potential inability to expand its reprocessing pipeline.