Business
Valorem Resources Forms Advisory Board and Appoints Bob Cross and Paul Matysek as Initial Advisors
Vancouver, British Columbia--(Newsfile Corp. - March 22, 2023) - VALOREM RESOURCES INC. (CSE: VALU) (FSE: X37) (the "Company") an emerging gold exploration and
About this update from Avanti Gold Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - March 22, 2023) - VALOREM RESOURCES INC. (CSE: VALU) (FSE: X37) (the \"Company\") an emerging gold exploration and development company, is pleased to announce the formation of an Advisory Board to assist in the further development of the Company. The Company announces the appointment of mining industry veterans, Mr. Robert Cross and Mr. Paul Matysek, as inaugural members of the Advisory Board. \"We are excited to have attracted two, highly-accomplished mining entrepreneurs which is a testament to the opportunity and exploration potential of our Misisi gold project above and beyond the current 3.0 million ounce resource\" commented Tony Louie, Interim CEO. \"Both Bob and Paul have been credited with both building and selling industry-leading Companies, in addition to raising billions of dollars in debt and equity.\" Mr. Robert Cross Robert Cross has more than 30 years of experience as a founder, financier and advisor in the mining and oil & gas sectors. Mr. Cross currently is a Co-founder and Chairman of B2Gold Corporation (since 2007) which now produces over one million ounces of gold annually from three mines in Asia and Africa. He is also currently a Co-founder and Chairman of Standard Lithium Ltd (since 2018), which is developing a globally-significant lithium resource in Arkansas. From 2004 through to 2016 he served as Chairman of Bankers Petroleum and oversaw production growth from 600 bbl/d to 24,000 bbl/d in a large onshore heavy oilfield in Albania. From 2002 until October 2007, he served as Chairman of Northern Orion Resources Inc., a copper developer active in Argentina which was sold to Yamana Gold in 2007 for $1.4B. For those companies that he served as Chairman in the last 20 years, Mr. Cross has been very active in the capital markets, helping to raise equity (over $1.0 billion) and debt capital, and has a well-established network in London, New York, and Toronto. In addition to raising capital, Mr. Cross is a seasoned advisor, not only providing general advice but he also has extensive experience in recruiting top talent, and guiding large projects from the Board level. Between 1996 and 1999, Mr. Cross was Chairman and Chief Executive Officer of Yorkton Securities Inc. From 1987 to 1994, he was a Partner, Investment Banking with Gordon Capital Corporation in Toro...