Squire Announces Appointment of new Director and Appointment of new CFO

VANCOUVER, British Columbia, April 12, 2018 (GLOBE NEWSWIRE) -- Squire Mining Ltd. (CSE:SQR) (“Squire”) is pleased to announce the appointment of David Rokoss to the Board of Directors.  Mr. Rokoss has a twenty year career as an entrepreneur and consultant, working with a variety of private and publicly listed companies, focusing on concept development, finance and operational management. For the last decade, he has consulted with numerous early stage companies across the mining, clean tech, retail and technology sectors, focusing on business and corporate development opportunities.

During this period, he worked with the banking team at Kyoto Planet Capital Partners, a private fund established to find, fund and foster early stage companies across the sustainability space, which included investments in wind, waste, bio-fuels and energy technologies. He has considerable experience in due diligence, local and cross-border mergers, corporate acquisitions and compliance issues, having worked with companies in multiple jurisdictions including those publicly trading in Canada, the United States and Germany. Mr. Rokoss is currently a Director of Blackheath Resources, a TSX Venture listed mining company and a partner at Ptolemy Capital. He is a graduate of McMaster University.

Squire is also pleased to announce the appointment of Rich Wheeless as Chief Financial Officer.  Mr. Wheeless has over 15 years of financial leadership and corporate management experience working across various industry sectors and in both public and private enterprise.  He holds a Master of Business Administration with honors from Otterbein University and a Bachelor of Science in Finance from Miami University.

Mr. Wheeless has been an active investor, advisor, and/or board member for numerous privately-held companies. Most recently, he was the Chief Financial Officer for the security software company Rivetz, Inc., which recently completed a $19 million ICO.  Previous to that, he was CFO of LaunchKey, Inc. and CFO of Pilus Energy, a renewable energy company that was acquired by publicly traded company Tauriga Sciences.

Previously, he was Director of Finance and Assistant Treasurer of Xtek, Inc. (one of the United States’ fastest growing privately owned manufacturers of customer engineered steel replacement parts). He has also held managerial posts at Johnson and Johnson, as well as Cardinal Health, both Fortune 30 companies. Mr. Wheeless originally started his career in the private equity division at Citigroup, another Fortune 30 company. He has extensive experience in the areas of mergers and acquisitions, credit, treasury, corporate finance, financial reporting, and operations.

For further information contact:   

Simon Moore, President and CEO
Telephone: (604) 929 0900

The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain “forward-looking information” under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to, the Company’s proposed plan for exploration properties. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, risks related to mineral exploration and the actual results of the Company’s exploration programs. Actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. 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, except as required by law.