GT Gold Corp. GTGDF

GT Gold Announces Changes to Management Team and Board

[BSmartStaycalm]

GT Gold Announces Changes to Management Team and Board of Directors V.GTT | 1 hour ago VANCOUVER, British Columbia, June 14, 2018 (GLOBE NEWSWIRE) -- GT Gold (TSX.V:GTT) (the "Company" or "GT Gold") is pleased to announce that Steve Burleton has been appointed President and CEO of GT Gold. Mr. Burleton replaces Kevin Keough, the current President and CEO who will be stepping down from that role and from the Board, effective immediately. Mr. Keough has agreed to stay on as a consultant for a minimum period of three months to assist with the transition and will continue to support the Company as needed. Also, effective immediately, the Company is pleased to announce that Renaud Adams, P.Eng., will be joining the Board of Directors. Read more at https://www.stockhouse.com/news/press-releases/2018/06/14/gt-gold-announces-changes-to-management-team-and-board-of-directors#q8ROru8rvIt2u252.99

[MrBigger]

VANCOUVER, British Columbia, June 14, 2018 (GLOBE NEWSWIRE) -- GT Gold (TSX.V:GTT) (the "Company" or "GT Gold") is pleased to announce that Steve Burleton has been appointed President and CEO of GT Gold.  Mr. Burleton replaces Kevin Keough, the current President and CEO who will be stepping down from that role and from the Board, effective immediately.  Mr. Keough has

[toottoot]

Hmmmm. Make me really wonder the reasons why someone would be stepping down at this stage of the game. Reminds me of North American Nickle a few years back when rick mark stepped down in the middle of a drill program. Hope it's not the same.

[MrBigger]

Not like Kevin has any skin in the game. ZERO shares.

[MrBigger]

Apparently new guys are here to take GTT to the next level, given their BIO's not surprising. Track record is there for getting deals done.

[rockmoney]

Yes, taking it to the next level by sucking the treasury dry with exorbitant salaries. A banker as CEO who will probaly charge $500,000 per year in comp brings nothing to the table that we didn't  already have for a lot less money.

[idleintruder]

Toot  Often these changes result from personality conflicts.  I wouldn't read anything more into it.  They're bringing in competent people.  That's all that matters.  Good luck.  

[rockmoney]

Kevin Keough built this deal and did a great  job running it and created a ton of value. I for one see no need to make chnages like this. The new team have zero stake in this, will charge exorbitant salaries - they do come from a large intermediate Richmont - so they will be getting paid $500,000 each? Insane for an advanced stage developement story like this one. You could bring in Adams