Sable's Latest Board Member, Mr.Jonathan Rubenstein... Mr. Rubenstein practised law for 18 years and held a number of mining director positions during that time. In 1994, he became a full-time mining executive and mining director. He has served on numerous mining company boards during the last 40 years and was actively engaged in the strategic, commercial, governance and government relations aspects of permitting, property acquisition, exploration, development and operations for these companies. He has negotiated and completed property acquisitions, joint ventures, development agreements, financings and takeover bid transactions, for both major and junior companies and has dealt with foreign and Canadian domestic regulators, banks, and financial institutions, as well as the mining investment community. He has had active roles in dealings with local populations, in compensation matters, in the management of litigation and arbitrations, and in regulatory compliance. He was directly involved in negotiating or supervising acquisitions, mergers and takeover transactions totalling in excess of $5-billion and, in addition, financings which raised more than $2.5-billion.
Mr. Rubenstein was instrumental in the sale of Aurelian Resources to Kinross in 2007 at a $1.2-billion valuation and the sale of Cumberland Resources at a $710-million valuation to Agnico Eagle. Prior to this, in November, 2005, he and two other team members at Canico Resource Corp. completed the sale of Canico to Companhia Vale do Rio Doce for $940-million in cash. In 1999, Mr. Rubenstein and the team at Sutton Resources sold Sutton to Barrick at a $545-million valuation. In 2018, Mr. Rubenstein and the special committee which he chaired at Dalradian Resources sold Dalradian to Orion Mine Finance for $537-million.
Mr. Rubenstein recently retired as chairman of Mag Silver and as a director of Eldorado Gold. He was also a director of Detour Gold while it acquired, financed, permitted, developed and operated the Detour Lake gold mine. He currently sits as a director on the boards of Roxgold Inc. and Sable Resources Ltd.
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