MAS Gold Announces Appointment of Vice President of Investor Relations and Business Development

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VANCOUVER, British Columbia, Feb. 22 2022 (GLOBE NEWSWIRE) — MAS Gold Corp. (“MAS Gold” – TSX.V: MAS) is pleased to announce, effective March 1st, 2022, the engagement of Ms. Laurie Thomas as Vice President of Investor Relations and Business Development for MAS Gold. Ms. Thomas is a Chartered Professional Accountant and Chartered Investor Relations Professional with over 15 years of qualified experience.

Most recently, she served as Vice President of Investor Relations at Standard Uranium, a junior uranium exploration company. She was responsible for leading and developing a high performing team responsible for shaping, articulating and managing Standard Uranium’s story and its strategic relationship with key stakeholders. Additionally, Ms. Thomas worked with Cameco Corporation for 10 years where she held the position of Manager, Investor Relations.

“Laurie’s arrival on board to lead our Investor Relations team in Saskatoon is a welcome addition to MAS’ team of professionals,” said Jim Engdahl, CEO of MAS Gold Corporation. “Her extensive experience in the uranium industry, as an investor relations and accounting professional, is unique. His experience is expected to be a significant advantage in helping MAS become a leading Canadian gold exploration company focused on the La Ronge gold greenstone belt in northern Saskatchewan. Ms. Thomas also brings with her a new network of contacts which should prove very positive in expanding our existing shareholder base.

Mr. Engdahl added: “We also announce the departure of Lubica Keighery and thank her for the tremendous job she has done in setting the framework for the company to take the company to the next level. Lubica will continue to work with other Ron Netolitzky companies and continue to provide support to MAS as needed.

In addition, the Company approved the grant of 5.6 million stock options under the Company’s stock option plan. Of the options, 3.25 million were granted to directors and officers, the balance being granted to consultants. The options are exercisable at $0.13 per share and, if unexercised, will expire on February 15, 2027, subject to earlier expiry in accordance with the stock option plan and applicable policies of the TSX Venture Exchange.

About MAS Gold Corp.

MAS Gold Corp. is a Canadian mining exploration company specializing in gold exploration projects in the future La Ronge gold belt in Saskatchewan. MAS Gold operates four properties in the belt, including the Preview-North, Greywacke Lake, Elizabeth Lake and Henry Lake properties which extend along segments totaling approximately 60 kilometers of the geologically prospective La Ronge, Kisseynew and Glennie domains that make up La Ronge Gold Belt.

MAS Gold Corp.
Jim Engdahl
President and CEO

For more information on MAS Gold, please visit www.masgoldcorp.com or contact: Laurie Thomas, (306) 341-3826, [email protected]. Effective March 1st.

Caution Regarding Forward-Looking Information and Statements:

The information in this press release contains forward-looking statements based on assumptions as of the date of this press release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. MAS Gold cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of important factors, many of which are beyond their respective control. These factors include, among others: risks and uncertainties related to MAS Gold’s limited operating history, the need to comply with environmental and governmental regulations, the results of exploration programs at their projects, and the risks and uncertainties identified in each of their annual and interim financial statements and management’s discussion and analysis. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied by the forward-looking information. Except as required by applicable securities laws, MAS Gold undertakes no obligation to publicly update or revise any forward-looking information.

Neither the 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 press release.

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