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Bullboard - Stock Discussion Forum Galiano Gold Inc T.GAU

Alternate Symbol(s):  GAU

Galiano Gold Inc. is a Canada-based company, which owns the Asanko Gold Mine, which is located in Ghana, West Africa. The Asanko Gold Mine is a multi-deposit complex, with four main open-pit mining areas: Abore, Miradani North, Nkran and Esaase, and multiple satellite deposits, situated on the Asankrangwa Gold Belt, and a 5.8 metric tons per annum carbon-in-leach processing plant. The Asanko... see more

TSX:GAU - Post Discussion

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Post by divime1 on Jun 14, 2021 8:56pm

News

Maybe a change will get this going .

Galiano Gold CEO McCunn resigns

2021-06-14 17:40 ET - News Release

Mr. Paul Wright reports

GALIANO GOLD ANNOUNCES CHANGES TO EXECUTIVE MANAGEMENT

Galiano Gold Inc. has noted that Greg McCunn has stepped down as chief executive officer and as a director of the company.

The company also announces that it has appointed Matt Badylak, the company's current chief operating officer, to the position of president and chief executive officer. Mr. Badylak has also joined the board of directors of the company. He has held a number of senior management roles in operations over his 20 years of mining experience across North America, Australia, Asia and Africa, and holds a bachelor of science in extractive metallurgy and chemistry from Murdoch University in Perth and is a member of the Australian Institute of Mining and Metallurgy.

"On behalf of the board of directors, I would like to wish Greg the very best in his future endeavours," said Paul Wright, Galiano's chairman. "With Matt assuming the senior leadership role, the company is extremely well served to realize full value for all stakeholders in the Asanko Gold Mine, Ghana, West Africa. The company continues to carefully consider opportunities to grow its business in a manner that enhances our shareholders' investment."

Comment by Cross19 on Jun 15, 2021 1:18pm
that's odd. McCunn just got re-elected and had not been in that role for that long. Internal conflict between CEO and COO?
Comment by Goldy1972 on Jun 16, 2021 4:14pm
Thankfully, only one more of the old Asanko guard to go! Time to clean house and get rid of that slimey CFO next. This has been a lifestyle company for far too long! Huge salaries with no shareholder return! Change it up!!!
Comment by divime1 on Jun 16, 2021 7:09pm
They promised a dividend  over a year ago . They  are sitting on over $ 60 million in cash . It's time to share the wealth .
Comment by Goldy1972 on Jun 16, 2021 7:30pm
There is no incentive for management to deliver a dividend because they own hardly any shares themselves!
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