Corvus Gold Appoints Peggy Wu as Chief
Financial Officer
Corvus Gold Inc. (�Corvus�
or the �Company�) - (TSX: KOR; OTCQX: CORVF) is pleased to announce the appointment of Peggy Wu
as the Company�s new Chief Financial Officer, effective June 1, 2011. Ms. Wu
succeeds former CFO Michael Kinley, CA, who will
remain with the Company as a consultant through a transition period before
leaving to pursue other opportunities.
Ms. Wu is a Chartered Accountant
(2009) with strong working knowledge of International Financial Reporting
Standards, Canadian and US Generally Accepted Accounting Principles and
public company reporting requirements. She is currently the CFO for Indico Resources Inc. as well as the Financial Reporting
Specialist for the Cardero Group of Companies,
which include Balmoral Resources Ltd. and Abzu Gold Ltd. Previously, she served as the Senior Staff
Accountant and Supervisor at Smythe Ratcliffe LLP, Chartered Accountants, from 2007 to 2010,
where she oversaw all aspects of financial reporting for several publicly
traded companies.
�Ms. Wu brings to Corvus
exceptional resource industry financial skills which will be invaluable as we
grow into a premier gold exploration and royalty company,� stated Jeff
Pontius, Chief Executive Officer of Corvus.
�Peggy�s strong financial analysis and exchange-related experience will be
particularly important as the Company assesses its growing project portfolio
and determines the best strategy to leverage its interests to increase
shareholder value.�
The Company would like to take this
opportunity to thank Mr. Kinley for his service and
guidance throughout the successful spinout process from International Tower
Hill Mines Ltd. last fall and positioning the Company on solid financial
footing for its next stage of growth.
The Company has, pursuant to its 2010
Incentive Stock Option Plan, granted Ms. Wu incentive stock options to
purchase 100,000 common shares in the capital stock of the Company. The
options are exercisable on or before May 30, 2013 at a price of CAD 0.69 per
share.
About Corvus
Gold Inc.
Corvus Gold Inc. is a resource exploration
company, focused in Alaska and Nevada, which controls a number of exploration
projects representing a spectrum of early-stage to advanced gold projects. Corvus is committed to building shareholder value through
new discoveries and leveraging those discoveries via partner funded
exploration work into carried and or royalty interests that provide
shareholders with exposure to gold production.
On behalf of
Corvus Gold Inc.
(signed) Jeffrey A. Pontius
Jeffrey A. Pontius,
Chairman and Chief Executive Officer
Contact Information:
Shirley Zhou, Manager - Corporate Communications
Email: szhou@corvusgold.com
Phone: 1-888-770-7488 (toll free) or (604) 638-3247 / Fax: (604) 408-7499
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