Vancouver, British Columbia–(Newsfile Corp. – May 20, 2022) – Prismo Metals Inc. (CSE: PRIZ) (“Prismo” or the “Company“) is pleased to announce that it has appointed Allan Frame as Director of Business Development. Mr. Frame recently retired from the investment business. During his successful forty-seven-year career, Mr. Frame focused primarily on working with mining companies, helping them raise over $100 million and having had the benefit of being associated with multiple major discoveries, including the Snip Deposit now owned by Skeena Resources Ltd.
“When we heard Al was retiring, we immediately contacted him to offer him the role of Director of Business Development of Prismo Metal,” said Craig Gibson, President and CEO of the Company. “Al led the Company’s initial public offering in 2020 when he was a stockbroker and is therefore very knowledgeable about team and projects. We expect his extensive relationships in the mining world to be beneficial to Prismo.”
Mr. Frame was granted 500,000 incentive stock options exercisable at a price of $0.15 per share before May 20, 2027.
About Prismo Metals
Prismo (CSE: PRIZ) is junior mining company focused on precious metal exploration in Mexico.
Craig Gibson, Chief Executive Officer and Director, [email protected]
Allan Frame, Director of Business Development, [email protected]
Neither the Canadian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements other than statements of historical fact, including without limitation, statements regarding the anticipated content, commencement and exploration program results, the ability to complete future financings, required permitting, exploration programs and drilling, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.
The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, the state of the financial markets for the Company’s equity securities, the state of the commodity markets generally, variations in the nature, the analytical results from surface trenching and sampling program, including diamond drilling programs, the results of IP surveying, the results of soil and till sampling program. the quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the inability of the Company to obtain any necessary permits, consents or authorizations required, including CSE acceptance, for its planned activities, the inability of the Company to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, the potential impact of COVID-19 (coronavirus) on the Company’s exploration program and on the Company’s general business, operations and financial condition, and other risks and uncertainties. All of the Company’s Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.
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