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TMAC Resources Inc. T.TMR

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera


TSX:TMR - Post by User

Post by Wineauxon Sep 26, 2019 9:13pm
119 Views
Post# 30168838

New Board Member - RCF appointee

New Board Member - RCF appointee
The new board member is an RCF appointee. The RCF fund that invested in TMR wraps up in 2021 so they need a great return on their investment in short order as they'll need to exit in two years. A quick perusal of Thom's linked in profile makes me think he'll be a bit of a catalyst. 
 
"Executive with extensive experience in turnaround and rapidly changing business environments. CEO and CFO at a number of multinational public and private companies in the resource, energy and agribusiness sectors which required substantial strategic change through optimization of operations, organizational design and alignment, cost reduction, re-positioning with investors, M&A activities and financial management."
 
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