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Gainey Capital Announces Appointment to the Board

 

August 26, 2016 – Vancouver, British Columbia - Gainey Capital Corp. (TSXV: GNC) (OTCQX: GNYPF) (“Gainey” or the “Company”) is pleased to announce the appointment of Mr. Barry Lee to the Company’s Board of Directors. Mr. Lee is a co-founder of Gainey and was an original member of the Company’s Board until 2014.  He has extensive board and senior management experience and has provided strategic planning, corporate governance, and M&A expertise for both public and private companies within various sectors over the past twenty-two years.  He is currently a director and/or senior officer of several public companies listed in both Canada and the United States.

Mr. Lee has returned to the Board to replace Mr. Lawrence Segerstrom, who has resigned as a director.

“On behalf of the Board of Directors, I would like to thank Mr. Segerstrom for his dedication and service to the Company over the past two years,” said David Coburn, CEO of Gainey. “We are fortunate to have Mr. Lee rejoin our Board at such an important time for our Company.”

About Gainey Capital Corp.

Gainey Capital is a gold and silver exploration, development and mineral processing company exploring an aggregate of 192-km2 strategically located in the gold/silver-rich Sierra Madre Occidental Trend in western Mexico. The company’s processing centre, located outside of Huajicori, in Nayarit, Mexico, is capable of processing up to 300 tons of mineralized material per day and the company has the capability to upgrade to 600 tons per day with a low capital expenditure.  Additional information on Gainey Capital, its current operations and its vision is available on the Company’s website at www.gaineycapital.com or from This email address is being protected from spambots. You need JavaScript enabled to view it. .

ON BEHALF OF THE BOARD OF DIRECTORS

    “David Coburn”

David Coburn, Chief Executive Officer

 

For information, please contact the Company:

Phone: 480-347-8904    

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website: www.gaineycapital.co

FORWARD LOOKING STATEMENTS: This press release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.         

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.