Latest news with #RogerMoss
Yahoo
09-05-2025
- Business
- Yahoo
Labrador Gold Announces Resignation of Director Kai Hoffmann
TORONTO, May 09, 2025 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | OTCQB: NKOSF | FNR: 2N6) ('LabGold' or the 'Company') announces the resignation of Kai Hoffmann as a director of the Company. Mr. Hoffmann has been an integral part of the Board of Directors since his appointment in 2019. "On behalf of the members of the Board and management team of LabGold, I would like to thank Kai for his valued contributions and commitment to the success of the Company over the past six years," said Roger Moss, President and CEO. "We wish Kai all the best in his future endeavours." About Labrador Gold Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada. The Company has approximately $18.1 million in cash. The Hopedale property covers much of the Archean-age Florence Lake greenstone belt that stretches over 60 km. The belt is typical of greenstone belts around the world but has been underexplored by comparison. Work to date by Labrador Gold show gold anomalies in rocks, soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt. Five gold occurrences lie along this trend, four of which Thurber Boundary, Thurber North, TD500 and Thurber South were discovered by LabGold. Anomalous gold in soil and lake sediment samples also occur over approximately 40 km along the southern section of the greenstone belt. LabGold's recent exploration has also demonstrated the potential for the critical metals copper, nickel and cobalt in the belt. The Borden Lake project near Chapleau, Ontario lies immediately southeast of Newmont Corporation's Borden gold mine currently being acquired by Discovery Silver Corp. LabGold's past exploration on the property identified two anomalous zones based on geochemistry, including up to 48 gold grains in till samples, and geophysics, one in the north extending over 1.3km northwest-southeast and another in the south extending over 1km north-south. The Company has 170,009,979 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB. For more information please contact:Roger Moss, President and CEO Tel: 416-704-8291 Or visit our website at: X @LabGoldCorp . Forward-Looking Statements: This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words 'may', 'would', 'could', 'will', 'intend', 'plan', 'anticipate', 'believe', 'estimate', 'expect' and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking in to access your portfolio
Yahoo
08-05-2025
- Business
- Yahoo
Multi-million-dollar budget increase for Savannah-Chatham County Schools
SAVANNAH, Ga. (WSAV) – The Savannah-Chatham County Public School (SCCPSS) district presented their plan for a budget increase worth tens of millions of dollars at a public hearing Wednesday night. However, only one citizen showed up to voice their opinion on the SCCPSS FY 2026 budget. 'Things cost more,' SCCPSS Board President Roger Moss said. 'We want to take better care of our teachers. We have some things we're wanting to add, like school counselors, more support for our students.' According to the district's budget, SCCPSS will increase their general fund expenditure by over $36 million from FY 2025 to 2026. Within the general fund expenses, under the district's operating costs, there is a 3% cost of living increase for teacher salaries budgeted for just under nine million. 'The cost of housing in Savannah has gone up,' Moss said. 'If you are a teacher, of course that's going to affect you. That affects us being competitive with other markets when recruiting and retaining teachers.' The SCCPSS board President also said there are currently fewer than 100 vacant teacher positions in the district. There is a deduction of 10 million for vacancies in the budget. 'We're not allowing for 300 vacancies, but we do allow for some,' Moss said. According to the district's budget presentation, the majority of the funding increase will come from local tax revenue with an expected contribution of just over nine million from the state. However, one funding source was notably absent from the budget. 'We don't have money from the feds in there. So, we're not assuming anything,' Moss said. 'The money that we get from the federal government, it's less than 10%. It's more like 6%.' Though, board officials said they were prepared regardless. 'It's an impact that we would have to address but it's not earth-shattering,' he said. 'We would have to offset it with our general fund.' There will be another public hearing on May 14. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to WSAV-TV.
Yahoo
25-02-2025
- Business
- Yahoo
ESPLOST 5 program gains support from Savannah Area Chamber of Commerce
SAVANNAH, Ga. (WSAV) — The Savannah Area Chamber of Commerce Board of Directors has endorsed the Educational Special Purpose Local Option Sales Tax (ESPLOST 5) program. The Savannah Chatham Public School System (SCPSS) put the program up for a public vote on the March 18 special election. The Savannah Area Chamber explains that ESPLOST 5 is expected to generate $705 million in local funding for school construction and renovations in the span of the next five years. This marks the fifth program presented to voters for approval since the initiative first began in 2006. 'Our board had the opportunity to hear a detailed presentation from School Board President Roger Moss and system staff about the ESPLOST 5 program,' said Brad Harmon, Chairman of the Savannah Chamber Board of Directors. 'Following a thoughtful and thorough discussion, we reached the conclusion that continuing investments through ESPLOST will not only address the demands of our county's growth but also ensure that Savannah's visitors contribute to the funding. Most importantly, it will help prepare our students to meet the future workforce needs of our members, ultimately benefiting the entire community.' 'I'm grateful to the Chamber Board and its leadership for their unwavering support of our students,' said Roger Moss. 'The Chamber's endorsement is invaluable in helping the business community understand the goals of the ESPLOST 5 program and the lasting impact it will have on student success.' Nearly 40% of the 1-penny sales tax is estimated to be funded by tourism, with the proceeds directly benefit Chatham County residents. This approach supports essential projects without placing the burden on property taxes paid by homeowners and businesses. 'The rapid population growth in west Chatham County is driving the need for more schools, including Pooler's first high school,' said Chamber President and CEO Bert Brantley. 'We are deeply committed to supporting the school system's efforts to improve early-grade literacy, knowing that investments in facilities, teachers, and curriculum lead to stronger educational outcomes and a more skilled workforce. That's why our organization and the Savannah business community stand behind ESPLOST 5.' Another key issue for the Chamber Board was ensuring funding for charter schools. ESPLOST 5 marks the first program to include funding for facility and site improvements at Savannah Classical Academy Charter School and Coastal Empire Montessori School. Early voting for the Mar 18 election started on Feb. 24. For more information about the ESPLOST 5 campaign, visit Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
