Roscan Gold Corporation (ROS) has announced that Mr. Srinivasan Venkatakrishnan has joined the Board of Directors of Roscan as an Independent Non-Executive Director.
Mr. Venkatakrishnan has a 30+ year track record leading multinational organizations while fostering and maintaining relationships with investors, financiers, and governments. Venkat brings an exceptional skillset in corporate finance and merger and acquisition (M&A).
Sir Sam Jonah, Chairman of the company commented: "We are excited to have Venkat as a key strategic addition to the Board. We welcome Venkat and his extensive experience in operations, resource development, capital markets and M&A which will be greatly beneficial to all shareholders as we advance Kandiole Project towards production."
Mr. Sangmuah, CEO of Roscan commented: "It's a privilege to have Mr. Venkatakrishnan join Roscan's Board of Directors, a tremendous addition to a strong existing team of high profile and accomplished professionals in the mining sector globally. Venkat's acceptance to join our board speaks volumes to the opportunity he and our board see at Roscan going forward. Roscan will greatly benefit from Venkat's additional guidance as an experienced leader with a global profile who can help set vision and strategy to create significant value to all stakeholders."
Mr. Venkatakrishnan stated: "Roscan's Kandiole project has enormous upside potential and the team is focused on delivering a successful and sustaining exploration plan that will add value to all stakeholders. I welcome the chance to join this impressive team and am excited to be part of this value-enhancing journey."
Venkat joins Roscan from Vedanta Resources Plc, the world's six largest (and India's largest) diversified natural resources group, where he served as the CEO of from 2018 to 2020. Prior to Vedanta, he served from 2013 to 2018 as CEO of AngloGold Ashanti Ltd, the world third-largest gold producer, where he also held the position of Executive Director (Finance) & CFO from 2005 to 2013, before which he was Executive Director and CFO of Ashanti Goldfields Ltd since 2000 to the time the company merged with AngloGold Limited in 2004.
Roscan Gold Corporation is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The company has assembled a significant land position of 100%-owned permits in an area of producing gold mines and major gold deposits, located both north and south of its Kandiole Project in West Mali.
Roscan Gold Corp (ROS) is trading at C$0.38 per share at 9 am EST.