retail takes it up the assk AGAIN !
good riddance !
Gold Canyon's Fierro resigns as CEO
Gold Canyon Resources Inc (C:GCU)
Shares Issued 135,725,018
Last Close 7/16/2013 $0.25
Wednesday July 17 2013 - News Release
Mr. Conrad Pinette reports
GOLD CANYON ANNOUNCES CHANGES IN SENIOR MANAGEMENT
Gold Canyon Resources Inc., in light of continuing resource sector weakness, and in connection with an internal review by Gold Canyon's directors and management to seek ways to further enhance corporate efficiencies within the company and its subsidiaries, has accepted the resignation of Troy Fierro as chief executive officer of the company and has terminated the engagement of Richard Moritz as vice-president, corporate communications, of the company. Mr. Fierro will continue to serve the Company and its shareholders as a member of the Board of Directors. Ms. Akiko Levinson, currently President of the Company, will again serve in the additional role of Chief Executive Officer.
Mr. Fierro commented, "These decisions are not easy but serve to focus all available resources on key resource projects and undertakings and I am pleased to continue my relationship with Gold Canyon in order to advance the Springpole Gold Project in every way possible as a member of the Company's Board of Directors. Gold Canyon will continue selective exploration to increase the indicated resource and advance baseline surveys to move forward the environmental and road permitting to enable further progress towards a Pre-Feasibility Study. In addition, we will continue our productive discussions with the First Nations in the Springpole Region."
Gold Canyon's Chairman of the Board, Conrad Pinette, stated, "Following an extensive internal and external assessment of Gold Canyon and its subsidiaries, and the short and medium term prospects for financing in the junior resource market, we identified the need to do all that can be done to preserve and advance Gold Canyon's flagship Springpole Gold Project in northwest Ontario, Canada, as well as retain its rare earth interests in Malawi, Africa. Mr. Fierro has been a key resource, has delivered sound guidance, and will continue to provide technical expertise for the Springpole Project."
We seek Safe Harbor.
© 2013 Canjex Publishing Ltd.