Mexus Gold US (MXSG)

[T-Hawk]

Just remember, in true Mexus word games fashion, Mark is not the CEO yet. That PR was another "forward-looking", wish upon a star, all hype, little fact, statement. Whoever writes these is great at getting people to draw assumptions thinking it is indeed fact.

Now even if there is some "handshake agreement" for a CEO, there should be a letter of intent or some kind of documentation that would warrant an 8-K filing. Just be careful not to get the cart ahead of the horse. Ashley is not the CEO and the road for his conditions to be met isn't easy. The company would need to get updated with it's filings before it can perform a reverse split and getting updated would require cash to complete an audit.

Personally, I'd put it at 50/50 that Ashley ever assumes the CEO role. I think they threw the PR out there as a test balloon to see what kind of splash it would make. If share price rocketed, then welcome to the Mexus insider enrichment scheme, Mr Ashley. If the announcement resulted in not so much sizzle, then no harm no foul. Wait a few months and try another tactic (take your pick of JV, new mining claim, promise of drilling etc.)

Mark Ashley, a seasoned and experienced mining executive with a successful 35-year career building substantial listed mining entities globally, has agreed to assume the role of CEO subject to the satisfaction (or waiver) of certain conditions noted below.