Tri Origin Appoints Mark Santarossa As President
February 11, 2021
Aurora, Ontario – Tri Origin Exploration Ltd. (TSX-V: TOE) is very pleased to announce that it has appointed Mark Santarossa CPA, CA, MBA as President of Tri Origin.
“We are delighted to have Mark join our senior management team” said Robert Valliant, Chairman of Tri Origin, “Mark has spent many years working in finance and corporate development with major brokerage firms as well as junior gold exploration companies and is well known to the resource investment industry. Coupled with recent additions to the board and management and our most recent financing Tri Origin continues to position itself to bear out the value of its gold exploration assets.”
Mark Santarossa commented: "I’m excited to work with Tri Origin’s proven exploration and finance team as we advance the Company’s excellent portfolio of under-explored gold projects in Ontario. Tri Origin’s gold properties are located in world class gold camps with the potential to define tier 1 gold deposits. The goal, as always, is to create shareholder value through drill discovery. Our initial focus will be to complete a meaningful drill program at Sky Lake where we expect to commence drilling shortly. “
Mr. Santarossa brings over 15 years of mining experience in various corporate, capital markets and investment banking roles. He is currently the Vice President of Corporate Development for Aurion Resources Ltd. and was previously the Chief Financial Officer and Vice President of Corporate Development for GT Gold Corp. Prior to joining Aurion, he was a Director at Origin Merchant Partners, Canada’s largest independent Mergers and Acquisitions advisory firm based in Toronto. Mark has deep capital markets experience, having worked at both bank-owned and independent Canadian investment dealers, devoting much of his career to the resource sector. Over his long career, Mark has built numerous institutional buy-side and corporate relationships.
Mr. Santarossa holds an MBA from the Schulich School of Business and a Chartered Professional Accountant designation.
Pursuant to Tri Origin’s stock option plan, Mr. Santarossa has been issued 500,000 stock options priced at $0.22 exercisable for five (5) years with service based vesting provisions.
About Tri Origin Exploration Ltd.
Tri Origin is a well-funded exploration company driven by value generation through drill discovery. Tri Origin plans to conduct a drill program at its Sky Lake Gold Project in the first quarter of 2021. The Company has 48,991,685 shares outstanding with a strong portfolio of gold projects in Canada. Tri Origin Exploration Ltd. trades on the TSX Venture Exchange under the symbol TOE.
Forward Looking Statements:
Neither 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. This News Release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the intention to complete the Offering and the expected expenditure of the proceeds of the Offering, the Company’s objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, the Company’s ability to obtain all approvals required in connection with the Offering and successfully complete the Offering, the Company’s ability to predict or counteract potential impact of COVID-19 coronavirus on factors relevant to the Company’s business failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.