What are the chances of confusion in company namesWas browsing SEDAR filings tonight and stumbled across this news release that has not made it to the company's own website as of a half hour ago or so.
What do you think the chances are that someone will get confused between K92 Mining and K9 Gold - both trading on the same exchange.
If you ask me, it is a bit of a goofy name for a gold company. People will start calling the company a dog if the stock lags.
Not the brightest moment in corporate branding and names.
Here is the release, highlighting the relevant part:
GLOBAL VANADIUM ANNOUNCES NEW CEO AND NAME CHANGE
September 1, 2020 – Global Vanadium Corp. (GLV: TSX-V) (5GP:GR: FSE) (“Global” or the “Company”) is pleased to announce the appointment of Mr. Jeff Poloni as Chief Executive Officer and Director.
Kosta Tsoutsis, comments “The current board and management are delighted to welcome Jeff to Global Vanadium. Our ability to attract such industry professionals speaks volumes about the quality of our assets. We remain committed to continue building our management team and developing our assets for the benefit of our shareholders.”
Mr. Poloni has 30 years of experience in mineral exploration and corporate management on projects in South, Central and North America. He has held director and senior officer positions in a number of TSX Venture listed companies, providing exploration management, SOP’s and corporate governance. He is currently President of both JCMP Management Corp. and Auranita Resources Corp.
The appointment of Mr. Poloni as Director and CEO follows the resignation Mr. Tsoutsis as CEO. Global thanks Mr. Tsoutsis for his efforts and contributions to date. Mr. Tsoutsis will remain as a Director to the Company.
The Company also wishes to announce that it will seek TSX Venture Exchange approval to change the name of the Company to K9 Gold Corp.
In accordance with current TSX-V policies, shareholder approval will not be required for the proposed name change. The name change has been approved by the Company’s board of directors. The effective date of the name change will be disclosed in a subsequent news release.
Global Vanadium Corp.
“Kosta Tsoutsis”
CEO, Director
For further information, please contact:
Kosta Tsoutsis
Chief Executive Officer and Director
Global Vanadium Corp.
email: kosta@globalvanadium.com
Telephone: 604 808-9134