AEX Appointment of New Main Financial Officer

TORONTO, ON / ACCESSWIRE / January 26, 2021 / AEX Gold Inc. (“AEX” or the “Corporation”) (TSXV:AEX), announces that Jaco Crouse has been appointed as the new Main Monetary Officer (“CFO”) of AEX powerful promptly, replacing George Fowlie who has stepped down as the CFO but remains on the Board as a Director. The Board intends to suggest Mr. Crouse as a director of the Company at the future annual basic meeting.

Mr. Crouse is a seasoned mining govt with just about 20 years’ encounter in economic administration, mine economic setting up, small business optimization and approach enhancement. He most recently occupied the placement of CFO of Detour Gold Corp., exactly where he facilitated the successful fiscal and operational turnaround and sale of the corporation to Kirkland Lake Gold for US$3.7 billion. Prior to that, Mr. Crouse was Chief Financial Officer & Vice President-Finance of Triple Flag Mining Finance Ltd., (“Triple Flag”) a Toronto-based mostly private metal streaming organization. From 2015-2016 Mr. Crouse was Vice President Small business Preparing & Optimization at Barrick Gold Corp. in which he was instrumental in resetting the price composition and improving upon the money allocation self-control to produce free dollars stream enhancements from underperforming belongings through a interval of low gold charges.

Mr. Crouse started his job in mining in 2002 at Xstrata Alloys, the world’s most significant ferrochrome producer, and went on to be a part of Xstrata Nickel in 2007 (after the acquisition of Falconbridge) to combine and enhance the nickel enterprise device, all through which time he labored extensively in the Canadian company device of Xstrata Nickel. He also worked as an Asset Manager at Glencore following its merger with Xstrata in 2013 and was dependable for integrating their nickel advertising workplaces. Mr. Crouse is a Chartered Professional Accountant (Ontario), a Chartered Accountant (South Africa), and a qualified Money Threat Supervisor (FRM) with a BComs (Honours) in Accounting Sciences from the University of South Africa.

Eldur Olafsson, Founder and Chief Govt Business office of AEX Gold, commented:

“On behalf of the board, I would like to welcome Jaco Crouse to the AEX Gold team. Jaco provides with him substantial industry and monetary working experience which will be critical as we proceed our progress to recommencing functions at the Nalunaq Gold Mine and shifting into production.”


AEX Gold Inc.

Eldur Olafsson, Director and CEO

+354 665 2003

Eddie Wyvill, Investor Relations


Stifel Nicolaus Europe Restricted (Nominated Adviser and Broker)

+44 () 20 7710 7600

Callum Stewart

Simon Mensley

Ashton Clanfield

Camarco (Financial PR)

+44 () 20 3757 4980

Gordon Poole

Nick Hennis

Emily Corridor

Even more Info:

About AEX

AEX’s principal organization goals are the identification, acquisition, exploration and advancement of gold attributes in Greenland. The Corporation’s principal asset is a 100{23996c8f5258275f450f40d5a867c22ad72c04895f28059581bc525cc6cb4bd0} curiosity in the Nalunaq Job, an advanced exploration stage home with an exploitation license which include the beforehand running Nalunaq gold mine. The Company has a portfolio of gold belongings masking 3,870 km2, the greatest portfolio of gold assets in Southern Greenland masking the two identified gold belts in the area. AEX is incorporated under the Canada Company Businesses Act and wholly owns Nalunaq A/S, integrated beneath the Greenland Community Organizations Act.

Forward-Looking Info

This press release incorporates forward-searching information and facts inside the this means of applicable securities laws, which demonstrates the Corporation’s latest expectations regarding long run occasions and the foreseeable future growth of the Corporation’s enterprise. In this press release there is ahead-looking information and facts primarily based on a selection of assumptions and topic to a variety of hazards and uncertainties, lots of of which are past the Corporation’s regulate, that could cause precise results and occasions to differ materially from people that are disclosed in or implied by this sort of forward-looking facts. This kind of challenges and uncertainties involve but are not minimal to the components talked about below “Risk Factors” in the Final Prospectus offered underneath the Corporation’s profile on SEDAR at Any forward-seeking data integrated in this push release is based mostly only on details presently accessible to the Corporation and speaks only as of the date on which it is produced. Apart from as demanded by applicable securities rules, the Corporation assumes no obligation to update or revise any forward-seeking details to reflect new situation or occasions. No securities regulatory authority has either approved or disapproved of the contents of this push release. Neither TSX Undertaking Trade nor its Regulation Companies Service provider (as that expression is outlined in policies of the TSX Enterprise Trade) accepts responsibility for the adequacy or precision of this launch.

Within Facts

This announcement contains inside of data as stipulated beneath the Market Abuse Regulation (EU) No. 596/2014 (“MAR”).

Resource: AEX Gold Inc.

Watch resource variation on

Rachel C. Carpenter

Next Post

Celestica Announces Fourth Quarter 2020 Financial Results

Wed Jan 27 , 2021
(All amounts in U.S. dollars.Per share information based on diluted shares outstanding unless otherwise noted.) TORONTO, Jan. 26, 2021 (GLOBE NEWSWIRE) — Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced financial results for the quarter […]