AUREUS MINING INC T.AUE

Metals & Mining Gold

"Aureus Mining Inc acquires, explores for and develops gold properties in the West Africa, specifically the New Liberty Gold Mine in Liberia. Its business segments are Liberia development, Liberia exploration, Cameroon exploration, and Corporate."

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AUREUS MINING INC > New management team! + $30m cash

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Post by ts9222on Jun 15, 2016 5:03am

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Post# 24966316

New management team! + $30m cash

https://aureus-mining.com/investors/news/latest-news/us30-million-equity-financing-to-strengthen-balance-sheet-and-fund-the-restart-of-operations-at-new-liberty

Board and Management

Upon completion of the transaction the following changes will be made to the Board and management of the Company:

CEO – David Reading will resign and will be replaced by Serhan Umurhan, currently General Manager of MNG Gold;
CFO – Paul Thomson will resign, but continue for 12 months in a consultancy role. Geoff Eyre, currently CFO of MNG Gold, will be appointed as CFO; and
Board – Mehmet Nazif Gnal will join the Board as Non-Executive Chairman. Serhan Umurhan and Geoff Eyre will join the board as Directors. David Netherway, Loudon Owen and Jean-Guy Martin will continue as Non-Executive Directors of the Company. Karin Ireton and Adrian Reynolds will resign as Directors of the Company.