25 May 2020
Solstice Gold Corp. is pleased to welcome Kevin Reid, Michael Gentile and Blair Schultz to its board of directors as part of a strategic plan to unlock shareholder value. The appointments will be made concurrent with, and are subject to the completion of, a non-brokered private placement pursuant to which the Company will raise $1,200,000 through the issue of 30,000,000 units ("Units") at $0.04 per Unit ("Private Placement"). Completion of the Private Placement and proposed board appointments is subject to the approval of the TSX Venture Exchange (“TSXV”).
“I'm very pleased to announce these new board appointments. Each new appointee is experienced and successful in both capital markets and in the junior exploration and development space. Collectively, they bring a wealth of talent to Solstice. We believe the company is significantly undervalued and that these changes and concurrent financing coupled with the ongoing bull market in gold, will best position the company to unlock shareholder value,” stated Chairman, David Adamson.