| Vancouver, BC, June – Karus Gold Corp (“Karus Gold” or the “Company”), a growing exploration company focused on the South Cariboo Gold District in British Columbia, announces the appointment of Joe Ovsenek and Cathy McLay to the Board of Directors (the “Board”). The new Board additions are independent and will strengthen governance and help deliver on the vision of building Karus into a leading BC gold explorer. Current directors James Hynes, Scott Trebilcock, David Whittle and CEO Andrew Kaip round out the Board that is expected to take Karus Gold public in H1 2022. “I am excited to have Mr. Ovsenek and Ms. McLay join the Board. Mr. Ovsenek has been instrumental navigating several precious metals projects from discovery through to production while delivering hundreds of millions in shareholder value. Ms. McLay brings her strong experience in finance, ESG and corporate governance to the team. Combined, the new Board has the right balance of skills and experience to make Karus into a leading BC gold explorer”, stated Andrew Kaip, President & CEO of Karus Gold. |
| About Karus Gold Corp. Karus Gold is the 100% owner of the 1,000 km2 South Caribou Gold District that includes the drill-stage FG Gold and Gold Creek projects in British Columbia. Karus Gold is supported by strategic investor Eric Sprott; and insiders, together with the management and Board, own approximately 57% of the basic shares outstanding. Further information on Karus Gold and its assets can be found on the Company’s website at www.karusgold.com and at www.sedar.com, or by contacting us as info@karusgold.com or by telephone at (888) 455-7620. On behalf of Karus Gold ”Andrew Kaip” Chief Executive Officer (647) 515-7858 Investor Relations Kin Communications (604) 684-6730 |
