| Otis Announces Resignation of Director | |
| | |
|
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 16, 2014) - Otis Gold Corp. (TSX VENTURE:OOO)(OGLDF) ("Otis" or the "Company") announces that Dr. Roger Norwich has resigned as a Director of the Company due to health reasons. Dr. Norwich has been an active member of the Board of Directors since October 2012, and also served as a Member of the Audit Committee. Mr. Craig Lindsay, President & CEO, stated: "On behalf of the shareholders and the Board, I want to thank Roger for the active role he has played in the development of Otis. He has been a tremendous asset to the Company, and his advice and guidance will be missed. We wish Roger well during his recovery." About the Company Otis is a resource company focused on the acquisition, exploration, and development of precious metal deposits in Idaho, USA. Otis is currently developing its flagship property, the Kilgore Gold Project, located in Clark County, Idaho. ON BEHALF OF THE BOARD Craig T. Lindsay, President and CEO Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The forward-looking information contained in this press release is made as of the date hereof and Otis undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
|
|
|
Otis Gold Corp.
|
|
EXPLORATION STAGE |
CODE : OOO.V |
ISIN : CA6890071021 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Otis Gold is a gold exploration company based in Canada. Its main exploration properties are GOLD BUG, HAI, GOLD BUG (BAYSWATER), OAKLEY, REDCAT, BUCKHORN and KILGORE in USA. Otis Gold is listed in Canada. Its market capitalisation is CA$ 18.2 millions as of today (US$ 12.8 millions, € 11.9 millions). Its stock quote reached its highest recent level on January 07, 2011 at CA$ 0.84, and its lowest recent point on April 10, 2015 at CA$ 0.02. Otis Gold has 145 540 000 shares outstanding. |