Karus Announces Changes to Board
March 04, 2025 5:36 PM EST | Source: Karus Mining Inc.
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2025) - Karus Mining Inc. (the "Corporation" or "Karus") is pleased to announce the appointment of Mr. Manni Buttar to its board of directors. Mr. Buttar replaces Sofia Tsakos who has resigned as a director.
Alex Gostevskikh, CEO of Karus commented "On behalf of the Board and the Company's management team, we wish to thank Ms. Tsakos for her contributions to the Company and wish her all the best in her future endeavors."
Mr. Buttar is a Chartered Professional Accountant (CPA, CA) with a Masters in Accounting and Finance from the University of Waterloo, Ontario (Canada). He currently works at SCP Resource Finance LP as the Vice-President - Business Development, primarily focusing on building and further developing SCP's Structured Flow Through Share Program.
About Karus
Karus is the 100% owner of the 1,000 km2 South Caribou Gold District that includes the drill-stage FG Gold and Gold Creek projects in British Columbia. Further information on Karus and its assets can be found on the Corporation's website at www.karusgold.com and at www.sedarplus.ca, or by contacting us as info@karusgold.com.
ON BEHALF OF KARUS MINING INC.
"Alex Gostevskikh"
Alex Gostevskikh
CEO
Cautionary Statement on Forward-Looking Information
Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The information in this news release about the future plans of Karus and other forward-looking information includes but is not limited to information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms of such transaction. Factors that could cause actual results to differ materially from those described in such forward-looking information include risks.
The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of Karus based on information currently available to Karus. In connection with the forward-looking information contained in this news release, Karus has made assumptions about Karus' ability to complete the planned transaction and activities. Karus has also assumed that no significant events will occur outside of Karus' normal course of business. Although Karus believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Karus disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.
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