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Canadian Gold Corp V.CGC

Alternate Symbol(s):  STRRF

Canadian Gold Corp. is a mineral exploration and development company. The Company’s principal project is the Tartan Lake Gold Mine Project, a mineral property which hosts a past-producing underground mine. The Tartan Lake Gold Mine Project is located approximately 12 kilometers (km) directly northeast of the town of Flin Flon, Manitoba, Canada. The Project is approximately 2,670 hectares in area and consists of 20 mineral claims. The operation consisted of a 450 ton per day gold processing facility. The Company also holds a 100% interest in green field exploration properties in Ontario and Quebec adjacent to some of Canada's gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON) and Hammond Reef Project (ON). Located due south of Agnico Eagle’s Hammond Reef Gold Project, the Hammond Reef North and South Projects are prospective for large tonnage, low grade gold deposits.


TSXV:CGC - Post by User

Bullboard Posts
Post by WolfOfWeedon Sep 11, 2014 10:10am
217 Views
Post# 22926491

NEWS RELEASE UPDATE

NEWS RELEASE UPDATESatori Announces Corporate Update V.BUD | 53 minutes ago Toronto, Ontario--(Newsfile Corp. - September 11, 2014) - Satori Resources Inc. (TSXV: BUD) ("Satori" or the "Company") announces that it has appointed Mr. Walter Henry as President and Chief Executive Officer. Ms. Jennifer Boyle, the Company's previous President and Chief Executive Offer, will assume the role of Executive Chair. Mr. Henry has been a director of Satori and of its predecessor company, St. Eugene Mining Corporation prior to its acquisition by Claude Resources Inc. in 2012 (see Satori news release dated March 28, 2014). Mr. Henry has been CEO of Frontline Gold Corp. since June 2010 and is the Chairman of Alexandria Minerals Corporation. Mr. Henry has previously held the positions of Vice-President, Finance and CFO of Royal Nickel Corp.; CFO of Juno Special Situations Corp., Alturas Minerals Corp. and Tiberon Minerals Ltd. Mr. Henry sits on the board of directors of other companies and has extensive experience in the areas of international project financing, capital markets financing, commercial bank financing, financial reporting, controls and taxation matters and treasury and financial risk management. The Company also wishes to announce the appointment of Mr. Tom Hussey as an independent director of the Company. Tom Hussey, CPA, CA is currently CFO of N-Dimensions Solutions Inc., and CFO and a director of Frontline Gold Corp. He has been a member of the Canadian Institute of Chartered Accountants for over 40 years and is a KPMG LLP alumnus. Over the last 30 years, Mr. Hussey has held senior positions, including CFO, in many companies in the packaging industry and recently retired as Executive VP & CFO of a global equipment manufacturer. Mr. Hussey was also the CFO of Wallbridge Mining Company prior to and after the company's initial public offering. Mr. Hussey is currently a member of the board of directors and chairman of the audit committee of Miocene Metals Inc., a company listed on the TSX-V. He has also been and is currently a member of the board of directors of many organizations in both private companies and not-for-profit organizations. Mr. Hussey is also the Audit Chairman for Platinex Inc. "I am looking forward to my new role with Satori, states Walter Henry. With the addition of strategic advisors, such as Bill Christie and Tegan Adams (see press release dated August 18, 2014 and July 29, 2014) and the partnership with Jourdan Resources (see press release dated April 30, 2014) and Homegrown Hydoponics (see press release dated August 11, 2014), we are taking the right steps in evaluating the agriculture fertilizer space." Lastly, the Company announces the appointment of Mr. Alex Rea as an advisor to the board. Mr. Rea is the Vice President and CEO of Homegrown Hydroponics Inc. (see news release dated August 11, 2014). Mr. Rea has worked in the hydroponic field since joining Homegrown in 2002. Instrumental in adapting the business to the burgeoning medical cannabis market and working as a consultant and advisor to many legal medical cannabis production facilities since the inception of the MMAR program. Read more at https://www.stockhouse.com/news/press-releases/2014/09/11/satori-announces-corporate-update#xvtHK4kIrxOXoeyC.99
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