Gladiator Metals Appoints Mr. Olav Langelaar as VP of Corporate Development

Rhea-AI Summary

Gladiator Metals Corp. (TSXV: GLAD) (OTCQB: GDTRF) has appointed Mr. Olav Langelaar as VP of Corporate Development to lead the company's strategic growth and advance exploration of the Whitehorse Copper Project. Mr. Langelaar brings over 30 years of Canadian capital markets and international mining expertise, including 20 years in investment banking and 14 years in senior management roles within the mining sector.

CEO Jason Bontempo expressed confidence in Mr. Langelaar's ability to contribute to Gladiator's executive team as they progress towards resource definition and explore upside potential at key prospects. The company also granted 700,000 incentive stock options and 400,000 restricted share units to Mr. Langelaar and President Marcus Harden, subject to TSX Venture Exchange approval.

Positive

• Appointment of experienced executive Olav Langelaar as VP of Corporate Development
• Ongoing 13,000 metre summer drill campaign at Whitehorse Copper Project
• Company moving towards resource definition stage

Negative

• None.

News Market Reaction

+9.06%

1 alert

+9.06% News Effect

On the day this news was published, GDTRF gained 9.06%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2024) - Gladiator Metals Corp. (TSXV: GLAD) (OTCQB: GDTRF) (FSE: ZX7) ("Gladiator" or the "Company") is pleased to announce Mr. Olav Langelaar will be joining its executive team as VP of Corporate Development, where he will lead the Company's strategic growth as it continues to advance the exploration of its high-grade copper prospect, the Whitehorse Copper Project.

Mr. Langelaar has over 30 years of Canadian capital markets and international mining expertise. He has spent the last 20 years working as an investment banker with Dundee Goodman Merchant Partners, Primary Capital and Dundee Securities. His investment banking experience is complemented by an extensive corporate and operational background in the mining sector, having spent 14 years in senior management roles with Ospraie Gold, Amerigo Resources and Placer Dome, as well as operational roles as an engineer with Cameco, Cominco (Teck), and Agrium (Nutrien).

Mr. Langelaar holds a Bachelor of Science (Honors) from the University of Waterloo in Mechanical Engineering and a Master of Business Administration from the Ivey School of Business (University of Western Ontario). He is a member of the Engineers and Geoscientists of BC, and continues to serve as a Managing Director of MINCAP Merchant Partners, while serving on the Board of Directors of P2 Gold and SPC Nickel Corp.

Gladiator's CEO Mr. Jason Bontempo commented: "Mr. Langelaar will be an asset to Gladiator's executive team as we continue to advance the Whitehorse Copper Project toward resource definition, while exploring the upside potential of known mineralization at several key prospects. We look forward to welcoming him to our team as we continue to update the market with additional drill results from our previously announced 13,000 metre summer drill campaign in the coming weeks."

The Company also announces that it has granted a total of 700,000 incentive stock options and 400,000 restricted share units to Mr. Langelaar and President Marcus Harden, subject to TSX Venture Exchange approval. Each option is exercisable to purchase one common share of the Company for five years at a price of CAD$0.45 per common share in accordance with the Company's stock option plan and is subject to certain vesting provisions. The restricted share units were granted in accordance with the Company's restricted share unit plan dated September 8, 2023 and vest over a two-year term.

ON BEHALF OF THE BOARD

"Jason Bontempo"
Jason Bontempo
CEO

For further information contact:
Caitlin Cheadle, Investor Relations
+1-778-403-5139
ccheadle@gladiatormetals.com

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 release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226766

FAQ

Who is the new VP of Corporate Development at Gladiator Metals (GDTRF)?

Mr. Olav Langelaar has been appointed as the new VP of Corporate Development at Gladiator Metals Corp. (GDTRF).

What is Gladiator Metals' (GDTRF) main project?

Gladiator Metals' (GDTRF) main project is the Whitehorse Copper Project, a high-grade copper prospect that the company is currently exploring and advancing.

How many stock options and restricted share units did Gladiator Metals (GDTRF) grant?

Gladiator Metals (GDTRF) granted 700,000 incentive stock options and 400,000 restricted share units to Mr. Langelaar and President Marcus Harden, subject to TSX Venture Exchange approval.

What is the current drilling program at Gladiator Metals' (GDTRF) Whitehorse Copper Project?

Gladiator Metals (GDTRF) is currently conducting a 13,000 metre summer drill campaign at the Whitehorse Copper Project, with additional results expected in the coming weeks.