March 23, 2023


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Mako Mining Announces Appointment of Director of Finance

VANCOUVER, BC, July 26, 2021 /CNW/ – Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) (“Mako” or the “Company”) is happy to announce the appointment of Mr. Ezequiel Sirotinsky as Director of Finance of the Organization effective July 26, 2021. Mr. Sirotinsky will report to the Main Monetary Officer of Mako and will be accountable for all the accounting and economical functions of the Company in Nicaragua. Mr. Sirotinsky will be based in MedellĂ­n, Colombia, in which he life with his spouse and children and Managua, Nicaragua.

Mako Mining Corp. Logo (CNW Group/Mako Mining Corp.)

Mako Mining Corp. Logo (CNW Group/Mako Mining Corp.)

Mr. Sirotinsky has practically 25 years of knowledge in finance and accounting roles in the mining market, together with leadership roles with Calibre Mining (Senior Supervisor – Finance), Purple Eagle Mining (Director of Finance – Colombia), Petaquilla Minerals (CFO), Silver Normal Sources (Director of Finance – Argentina), and AngloGold Ashanti (Director Administration and Finance – Argentina). Mr. Sirotinsky has a degree of Licensed Community Accountant attained at Buenos Aires College (Argentina), a post-graduate diploma in Administration acquired at the Graduate School of Organization of the College of Cape City, South Africa and is fluent in English and Spanish. In the course of his profession, Mr. Sirotinsky has normally labored carefully with functions and invested time at mine web sites, which has enabled him to purchase a complete comprehension of the mining business enterprise and its operational drivers.

Akiba Leisman, Chief Government Officer of Mako states that, “I am pretty happy to welcome Ezequiel to the Enterprise. Now that San Albino is in business output, we are creating out our finance and accounting team to prepare for Mako’s continuing growth. Ezequiel’s experience will be of great value to Mako, and we are fired up that he is becoming a member of our crew.”

Mako’s board of administrators has licensed and accepted the grant of 1,000,000 incentive stock selections to Mr. Sirotinsky, to be granted on his effective start date of July 26, 2021, for a time period of five several years expiring on July 26, 2026, at a price per share equal to the closing value of the Company’s prevalent shares on the TSX Enterprise Trade on July 23, 2021, in accordance with the phrases of the Firm’s present incentive inventory possibility plan. The stock alternatives shall vest 25% straight away, and 25% on every of the 1st, second and 3rd anniversary of the grant day.

On behalf of the Board,

Akiba Leisman

About Mako

Mako Mining Corp. is a publicly stated gold mining, growth and exploration company. The Business operates the substantial-quality San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as just one of the greatest-grade open pit gold mines globally. Mako’s most important goal is to operate San Albino profitably and fund exploration of future targets on its district-scale land package deal.

Forward-Hunting Statements: Statements contained herein, other than of historical fact, may possibly be thought of “forward-hunting data” within the which means of applicable securities guidelines. Forward-searching facts is based mostly on particular anticipations and assumptions, which includes that Mr. Sirotinsky will commence his function as Director of Finance on July 26, 2021 reporting to the Chief Money Officer of Mako and will be liable for all the accounting and economic functions of the Firm in Nicaragua Mr. Sirotinsky’s experience will be of value to Mako the inventory possibilities granted to Mr. Sirotinsky will expire on July 26, 2026 Mako will operate San Albino profitably and fund exploration of future targets on its district-scale land offer. These ahead-looking facts is topic to a assortment of hazards and uncertainties which could bring about actual events or results to vary materially from all those reflected in the forward-searching details, which include, without having limitation, the possibility that Mr. Sirotinsky does not begin with the Business powerful July 26, 2021 or that the chain of reporting to the Chief Economic Officer or his Director of Finance obligations transform Mr. Sirotinsky’s encounter does not establish to be of value to Mako the stock possibilities granted to Mr. Sirotinsky expire on a distinctive day Mako is not profitable in operating San Albino profitably and is unable to successfully fund the exploration of future targets, and these kinds of other chance variables as outlined in the constant disclosure paperwork of the Corporation submitted on SEDAR at and facts contained herein represents management’s most effective judgment as of the day hereof, centered on information at present readily available to it, and is incorporated for the needs of supplying buyers with the Company’s plans and anticipations in link with the appointment of its new Director of Finance and the ongoing growth of the San Albino task, and may perhaps not be ideal for other applications. Mako does not undertake to update any ahead-wanting details, except in accordance with relevant securities rules.

Neither the TSX Enterprise Trade nor its Regulation Expert services Supplier (as that time period is defined in the procedures of the TSX Venture Trade) accepts obligation for the adequacy or accuracy of this release.

Source Mako Mining Corp.



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