Compass Gold Corp V.CVB

Alternate Symbol(s): COGDF

Metals & Mining Gold

Compass Gold Corporation is a Canada-based company, which is engaged in the acquisition and exploration of mineral properties. The Company holds gold exploration permits located in Mali that comprise the Sikasso Property. The exploration permits are located in three sites in southern Mali with a combined land holding of approximately 1,173 square kilometers. The Sikasso Property consists of five prospecting permits covering an area of approximately 1,179 square kilometers and is located within the Sikasso Region of the Republic of Mali. The property is divided into the Yanfolila Block, consisting of the adjoining Ouassada and Sankarani permits in the north, and the adjoining Kourou and Tieoulena permits in the south. Its principal property interests include fourteen exploration permits, referred to as: Ouassada, Faraba-Coura, Sankarani, Sankarani Est, Moribala, Kourou, Tieoulena, Badogo, Lontola, Kale, Kapelegue, N’Tjila, Kourouferela, and Kouma.

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Compass Gold Corp

Bullboard Posts

Post by sueronon Nov 15, 2017 11:30am

108 Views

Post# 26968323

Proposed board and management changes

On the completion of the acquisition, it is proposed that Malcom Carson and Lara Iacusso resign from the board of Compass, and Bill Pugliese and Joe Conway be appointed. It is also proposed that Mr. Phillips will be appointed as president and chief executive officer of Compass.

Mr. Phillips, Mr. Conway and Mr. Pugliese were the founders and members of the senior management team of Iamgold, an international gold mining, development and exploration company with operating mines across three continents, including in Mali and Burkina Faso, West Africa. Collectively, this team directed international investments, joint ventures, government relationships and operations for Iamgold, expanding the company from a $50-million joint venture company to a $6-billion leading intermediate gold producer, listed on the Toronto Stock Exchange and New York Stock Exchange.

With existing directors Mr. Henderson and Mr. Diallo, Compass will have a leading board and management team with substantial experience in finding and developing resources in Mali and West Africa.

Not saying to buy or sell..

GLTA CVB.H share holders..

Ron