About Craig Lindsay
Mr. Lindsay is
the Founder and CEO of Otis Gold Corp.
He has in excess of 25 years experience in corporate finance, investment
banking and business development in both North America and Asia. Prior Before his role at Otis, Mr. Lindsay was
the Founder and CEO of Magnum Uranium Corp. from inception until its sale to
Energy Fuels Inc. (TSX: EFR) in July 2009, and prior thereto was a Vice
President in the Corporate Finance and Investment Banking Group at
PricewaterhouseCoopers LLP. Mr. Lindsay was also a Founder of Malaspina Capital
Ltd. and led its merger with Miranda Mining Development Corp (a Mexico-based
gold producer that was subsequently acquired by Wheaton River Minerals in
2003). Additionally, he was a Founder
and CFO of OneAsia.com (Holdings) Ltd. and helped develop the business from
inception to the establishment of offices in Hong Kong, Taipei, Mumbai and
Vancouver, and was instrumental in the sale of the business to Hutchison
Whampoa Limited in 2001. He is currently a Director of VR Resources Ltd.
(TSX-V), Alianza Minerals Ltd. (TSX-V) and Philippine Metals Inc.
(TSX-V).
Mr. Lindsay has
a Bachelor of Commerce (Finance) from UBC (1989), an MBA (Finance and
International Business) from Dalhousie University (1993) and is a Chartered
Financial Analyst. He is the current Chairman of the Hong Kong – Canada
Business Association (HKCBA) and a Past President of the Vancouver Section of
the HKCBA. He is a Past Chairman of the Family Services of Greater Vancouver
(the largest social service agency in British Columbia), where is served on the
board of directors for ten years. Additionally, he was an active member
of the Western Leadership Council of Dalhousie University’s successful $250
million “Bold Ambitions” capital campaign.
About Otis Gold Corp.
Otis Gold Corp. (TSX.V: OOO) (OTC: OGLDF) is
a resource company focused on the acquisition, exploration, and development of
precious metal deposits in Idaho, USA. The current market cap is just under C$15
million, which implies a valuation of approximately $13.50/ounce of gold in the
ground (relative to comparable gold developers trading in the range of
$40/ounce and higher).
Otis is
currently developing its flagship property, the Kilgore
Project, located in Clark County, Idaho and the Oakley Project, located in
Cassia County, Idaho. Kilgore, which is
owned 100% by Otis and is subject to no royalty burden, is host to an existing NI 43-101 resource estimate comprising an
Indicated gold resource of 825,000 oz Au @ 0.58 g/t and an Inferred gold
resource of 136,000 oz Au @ 0.46 g/t.
The deposit is open in multiple directions and exhibits the potential
for open pit, heap leach gold extraction, and the 12,000-acre Kilgore Project
has district-scale potential with multiple targets present. A planned 2019
drill program at Kilgore, totaling up to 50 holes, has the potential to greatly
expand the current resource through the step-out/expansion drilling. Agnico-Eagle Mines Limited, a leading Canadian
gold miner, owns 9% of the Company and is an active shareholder.
With the price
of gold expected to move to higher levels, companies such as Otis have the
potential for significant price appreciation, particularly in advance of a
maiden Preliminary Economic Assessment, or PEA, expected later in 2019. More information can be found at www.otisgold.com.