First Nordic Metals

Gold Line Appoints Taj Singh as President and CEO

Download Presentation

Gold Line Appoints Taj Singh as President and CEO

VANCOUVER, BC, September 8, 2023- Gold Line Resources Ltd. (TSX-V: GLDL) (OTCQB: TLLZF) (the “Company” or “Gold Line”) is pleased to announce the appointment of Mr. Taj Singh as a President, CEO and Director of the Company. Mr. Singh’s appointment is effective immediately and will be supported by outgoing CEO Adam Cegielski who will continue to serve on the Company’s Board of Directors.

Mr. Singh brings over 22 years of mining and resources industry experience, including roles as founding President and CEO of publicly listed companies NOA Lithium Brines Inc. and Discovery Silver Corp.

Mr. Toby Pierce, Chairman of Gold Line commented, “We are excited to have Taj join the Gold Line Resources Team. I am confident that Taj’s extensive technical and capital markets experience in the mining sector, along with his energy and enthusiasm, will drive the Company forward as he directs the strategy, oversees the functions and deliverables, and continues to enhance shareholder value. He will no doubt be a valuable addition to our Company, and we very much look forward to working with him. The board thanks Mr. Cegielski for his work in re-financing the company and his continued support in value creation”.

Mr. Singh commented, “I am very happy to accept the role of President and CEO with Gold Line. Gold Line has an exciting portfolio of assets, given its extensive land positions in prolific gold-producing regions of northern Europe. I look forward to leading the team in what I consider to be one of the top precious metals exploration opportunities in the world, and I am very positive about the Company’s future.”

Mr. Taj Singh (biography)

With over 22 years of global mining experience, Mr. Singh has demonstrated his capabilities in both the operational and business aspects of mining. Most recently Singh was founding President and CEO of NOA Lithium Brines Inc. (“NOA”) and he still currently acts as a Strategic Advisor. During Singh’s time leading NOA, it advanced significantly, with opportunistic asset acquisitions as a private company, completion of its reverse-takeover and going-public transaction, successful funding rounds, and substantial exploration success; the company rapidly emerged as a premier lithium explorer in the prolific Argentine lithium district.

Prior to NOA, Singh spent five years as founding President and CEO of Mexico-focused Discovery Silver Corp (“Discovery”) leading its tremendous growth. The market capitalization of Discovery increased approximately thirty times (30x) to over C$500 million during Singh’s time, establishing Discovery as one of the preeminent development companies in the precious metals sector. For four years, starting at the time of its 2016 go-public, Singh also served as Director and Lead Independent Director of the board of GT Gold Corp. which was subsequently acquired by Newmont Corporation for approximately $400 million.

Other roles during Mr. Singh’s career include Vice-President Business Development for Mexican gold producer Timmins Gold Corp. (since acquired by Argonaut Gold Inc.), Mining Equity Research Analyst at Macquarie Capital Markets, and over 10 years working in various operations, engineering and project development roles for major diversified miners Inco Limited and Vale Limited. Mr. Singh is a Professional Engineer (P.Eng), a Chartered Professional Accountant (CPA), a Certified Management Accountant (CMA), and holds a Bachelor of Engineering degree (Metallurgy / Minerals Processing) and a Master of Engineering degree (Metallurgy).

About Gold Line Resources Ltd.:

Gold Line is focused on acquiring mineral properties with exceptional exploration potential in the most prolific gold-producing regions of Sweden and Finland, which are both regarded as top-tier mining jurisdictions and emerging exploration frontiers. Both countries possess very prospective mineral endowments, stable tenures, straightforward permitting, favorable tax regimes and supportive geopolitical landscapes. Gold Line’s Swedish projects are located in the Gold Line Mineral Belt and Skellefteå Belt of north-central Sweden and the Mjøsa-Vänern Belt in the southwest. In Finland, Gold Line holds the entire underexplored Oijärvi Greenstone Belt located in the north of the country.

On behalf of the Board of Directors of Gold Line Resources,

Toby Pierce
Chairman of the Board

For further information:
Email: [email protected]
Telephone: 905-510-8890

Follow Us
Website: https://www.goldlineresources.com/
Facebook: https://www.facebook.com/Gold-Line-Resources
Twitter: https://twitter.com/GLDL_Resources
Instagram: https://www.instagram.com/gold_line_resources/
LinkedIn: https://www.linkedin.com/company/gold-line-resources-ltd

Share this article

Cautionary Note Regarding Forward-Looking Statements

This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the terms and conditions of the Arrangement, timing for the hearing for the final order of the Supreme Court of British Columbia to approve the Arrangement and the timing and ability of Gold Line to complete the Arrangement. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflect Gold Line’s respective management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Gold Line believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of Gold Line. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability to obtain necessary approvals in respect of the Arrangement, the ability to consummate the Arrangement,; the ability to obtain requisite court approvals and the satisfaction of other conditions to the consummation of the Arrangement on the proposed terms and schedule; the potential impact on exploration activities; the potential impact of the announcement or consummation of the Arrangement on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; the re-rating potential following the consummation of the Arrangement; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time on the Arrangement. This forward-looking information may be affected by risks and uncertainties in the business of Gold Line and market conditions. This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by Gold Line with the Canadian securities regulators, including Gold Line’s financial statements and related management’s discussion and analysis for the financial year ended December 31, 2022 and its interim financial reports and related management’s discussion and analysis for the period ended September 30, 2023 filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedarplus.ca.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Gold Line has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended, and do not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.