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Tudor Gold Corp V.TUD

Alternate Symbol(s):  TDRRF

Tudor Gold Corp. is a Canada-based precious and base metals exploration and development company. The Company has claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The Company has a 60% interest in Treaty Creek gold project, located in northwestern British Columbia, which is host to the Goldstorm Deposit, a large gold-copper porphyry system, as well as several other mineralized zones. The Company's Treaty Creek property covers an area of approximately 17,913 hectares.


TSXV:TUD - Post by User

Post by HIGHonLITHIUMon May 05, 2021 10:31am
96 Views
Post# 33131578

Stockzorg post from TUO board - Walter Storm

Stockzorg post from TUO board - Walter StormSure - here's a link to the Management Circular from June 2005 for Osisko, found on sedar.ca

https://sedar.com/GetFile.do?lang=EN&docClass=10&issuerNo=00003273&issuerType=03&projectNo=00795378&docId=1504526

In the document, you will see the following two nominations for Director:

Norman Storm (son of Walter), who was a Director at Osisko, but also COO of EurAsia Holding AG which provided funding for Osisko under Walter Storm who was Head of the Supervisory Committee at EurAsia Holding AG. 

Sean Roosen, who was COO of Osisko, but also COO of EurAsia Holding.

As majority shareholder of EurAsia Holding, Walter Storm provided funding for Osisko and delegated the management duties.  Osisko was his most profitable investment and it's quite reasonable to conclude that he was very actively involved in the company that provided him with several hundred million $ when it was sold.

Here's also a note from the Osisko MD&A of November 2005:

"Eurasia Holdings AG of Germany, principal shareholder of the Company, exercised an additional lot of 1,600,000 warrants at a price of $0.30 per share in October 2005, yielding gross proceeds of $480,000. Eurasia holds 17,612,500 shares of the Company, or 47.5% of issued shares, as a result of this transaction. Funds will be used for general corporate purposes and ongoing drilling on the Canadian Malartic property."

Finally, Sean Roosen stayed with Osisko Royalties after the sale of the Malartic Mine.  Here's an update on his more recent activities showing that he was named "Best CEO in North America" by Mines and Money Americas and one of the Top 20 Most Influential Individuals in Global Mining. 

https://theorg.com/org/osisko-gold-royalties/team/sean-roosen
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