/NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO
US NEWSWIRE SERVICES./
BRISBANE, Australia,
May 6, 2021 /CNW/ - OceanaGold
Corporation (TSX: OGC) (ASX: OGC) (the "Company") appoints Mr.
Michael (Mick) James McMullen and
Mr. Paul Benson as Non-Executive
Directors to the Company Board of Directors (the "Board").
Ian Reid, Non-Executive Chairman
of OceanaGold said, "On behalf of the Board of Directors, I am
delighted to announce the appointment of two highly reputable and
successful mining professionals who have achieved significant
success over their collective 70 years in the industry. We believe
with their track record and experience collectively with the Board
will make significant contributions to the success of the Company.
OceanaGold has high-quality assets and robust organic growth
projects that are designed to deliver significant value for
shareholders. With the addition of both Mick and Paul, we are well
placed to turn the corner on the business and re-establish
ourselves as one of the premier gold mining companies in the
industry."
Mr. McMullen is a geologist with nearly 30 years of experience
across Australia, North and
South America, Asia including the
Philippines, Africa and
Europe in all phases of mining
development including exploration, development, operations and
financing. He has broad based mining experience with precious and
base metals including gold and copper from both surface mining and
underground operations. While serving as Chief Executive Officer at
Detour Gold and prior to that as President and Chief Executive
Officer of Stillwater Mining Company, he delivered significant
value to shareholders through operational improvements and
optimising operations for cash flows. Mr. McMullen currently serves
as an Executive Director of Venture X Resources Limited (and
subject to a shareholder vote in early June will transition to a
Non-Executive role) and Senior Advisor to Black Mountain Metals. He
holds a Bachelor of Science degree in Geology from Newcastle
University.
Mr. Benson is a mining engineer with over 35 years of experience
across Australia, North and
South America, Asia and Europe in mine development, operations, and
capital markets. He has broad based experience with precious and
base metals including gold, silver and copper from both surface and
underground operations. More recently, Mr. Benson established SSR
Mining as one of the premier gold and silver companies as Chief
Executive Officer prior to its merger with Alacer Gold. Prior to
this, Mr. Benson served as Chief Executive Officer at Troy
Resources with principal assets in South
America and prior to this in various senior management and
operational roles at BHP Billiton, Rio Tinto and RGC. He graduated
from the University of Sydney with
Bachelor of Engineering degree in Mining Engineering and a Bachelor
of Science Degree in Geology and Exploration Geophysics and a
Master's Degree in Management from the London
Business School.
Messrs McMullen and Benson will be included in the Company's
Information Circular for the upcoming Annual General and Special
Meeting scheduled for release later this month.
Authorised for release to market by OceanaGold Corporate Company
Secretary, Liang Tang.
www.oceanagold.com | Twitter: @OceanaGold
About OceanaGold
OceanaGold is a multinational gold producer committed to the
highest standards of technical, environmental and social
performance. For 30 years, we have been contributing to excellence
in our industry by delivering sustainable environmental and social
outcomes for our communities, and strong returns for our
shareholders.
Our global exploration, development, and operating experience
has created a significant pipeline of organic growth opportunities
and a portfolio of established operating assets including Didipio
Mine in the Philippines; Macraes
and Waihi operations in New
Zealand; and Haile Gold Mine
in the United States of
America.
Cautionary Statement for Public Release
Certain information contained in this public release may be
deemed "forward-looking" within the meaning of applicable
securities laws. Forward-looking statements and information relate
to future performance and reflect the Company's expectations
regarding the generation of free cash flow, achievement of
guidance, execution of business strategy, future growth, future
production, estimated costs, results of operations, business
prospects and opportunities of OceanaGold Corporation and its
related subsidiaries. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions or future events or
performance (often, but not always, using words or phrases such as
"expects" or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans", "estimates" or "intends", or
stating that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved) are not
statements of historical fact and may be forward-looking
statements. Forward-looking statements are subject to a variety of
risks and uncertainties which could cause actual events or results
to differ materially from those expressed in the forward-looking
statements and information. They include, among others, the
outbreak of an infectious disease, the accuracy of mineral reserve
and resource estimates and related assumptions, inherent operating
risks and those risk factors identified in the Company's most
recent Annual Information Form prepared and filed with securities
regulators which is available on SEDAR at www.sedar.com under the
Company's name. There are no assurances the Company can fulfil
forward-looking statements and information. Such forward-looking
statements and information are only predictions based on current
information available to management as of the date that such
predictions are made; actual events or results may differ
materially as a result of risks facing the Company, some of which
are beyond the Company's control. Although the Company believes
that any forward-looking statements and information contained in
this press release is based on reasonable assumptions, readers
cannot be assured that actual outcomes or results will be
consistent with such statements. Accordingly, readers should not
place undue reliance on forward-looking statements and information.
The Company expressly disclaims any intention or obligation to
update or revise any forward-looking statements and information,
whether as a result of new information, events or otherwise, except
as required by applicable securities laws. The information
contained in this release is not investment or financial product
advice.
![OceanaGold Corporation Logo (CNW Group/OceanaGold Corporation) OceanaGold Corporation Logo (CNW Group/OceanaGold Corporation)](https://mma.prnewswire.com/media/1505264/OceanaGold_Corporation_OceanaGold_Strengthens_Board_of_Directors.jpg)
SOURCE OceanaGold Corporation