Vancouver, Canada - Redstar Gold Corp (TSX.V:RGC) ("Redstar" or the "Company") is pleased to announce the appointment of Grant T. Smith as Chief Financial Officer of the Company, effective immediately. The appointment of Mr. Smith adds additional strength to the Company's management, as it continues to restructure and focus on developing a North American, high-grade gold resource base.
Mr. Smith is a partner at Clearline Chartered Accountants, a full-service business accounting firm, and replaces Jeannine Webb. He acts as Chief Financial Officer for a number of junior exploration companies including Northern Iron Corp., Emgold Mining Corporation, Firesteel Resources Inc. and Premium Exploration Inc.
Toby Mayo, President and CEO of Redstar, commented: "We are delighted to be able to welcome Grant to the Company's executive management team. His experience in the junior exploration industry will strengthen our capabilities as we move into this exciting new growth phase for the Company."
About Redstar Gold Corp.
Redstar is a Vancouver based junior exploration company focused on high-grade gold exploration in North America. Each of Redstar and Confederation Minerals Ltd. (TSX.V:CFM) owns 50% of the Newman Todd Project, located in Red Lake, Ontario, Canada. In Alaska, the Company is exploring the high-grade Unga Project, which it acquired initially in 2011. At Unga, a comprehensive exploration program commenced in late July, 2014 and results are expected to be used to determine drill targets for a first phase diamond drill program. Additionally, the Company has ten properties in Nevada, which have been optioned to True Grit Resources Ltd. (NEX:TGI.H).
On Behalf of the Board,
Redstar Gold Corp.
President and CEO
800 WEST PENDER STREET
Redstar Gold Corp.
Paul Durham, Investor Relations
Forward-Looking Information This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Redstar Gold Corporation (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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