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AM Resources Corp. Creates Gold Trading Subsidary and Appoints New CEO
MONTREAL, QUEBEC--(CNW – May 22, 2018) – AM Resources Corp. (TSX VENTURE: AMR) is pleased to announce the creation of a new subsidiary, AM Resources Trading Corp. ("AM Trading"), specialized in gold brokerage. More specifically, AM Trading's activities will consist of buying gold from artisanal producers and transporting it to refineries.
AM Trading expects to close its first transaction in June 2018. This will allows AM Resources to partly finance its working capital while leveraging management expertise and their access to an extensive network of South American gold producers.
Appointment of New CEO
AM Resources is also pleased to announce the appointment of Dominic Voyer as the corporation’s new Chief Executive Officer, subject to TSX Venture Exchange approval. Mr. Voyer succeeds David Grondin, who will remain as President