Precipitate Gold Corp. announced the appointment of Mr. Lon Shaver to the company's Board of Directors. Mr. Shaver has over 25 years of capital markets and corporate finance experience, mostly focused on the Canadian mining sector. He spent a combined 13 years in investment banking roles with Merrill Lynch and Raymond James where he guided corporate clients through hundreds of closed financing and M&A advisory transactions, and successfully negotiated and executed diverse partnership, product licensing, and professional services engagements within a growth-oriented technology company. Previously, Mr. Shaver was a research associate and mining analyst with an institutional sell-side firm. In connection with the appointment of Mr. Shaver, the Company also announced the resignation from the Board of Mr. Darryl Cardey. Mr. Cardey is a founding director of the Company and has been a valuable member of the Precipitate team since its inception.