Business
Maple Gold Announces the Appointments of Kiran Patankar as Interim President & CEO and Michael Rukus as Interim CFO
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2023) - Maple Gold Mines Ltd. (TSXV: M...
About this update from Maple Gold Mines Ltd
[{"type":"text","content":"Maple Gold Announces the Appointments of Kiran Patankar as Interim President & CEO and Michael Rukus as Interim CFOVancouver, British Columbia--(Newsfile Corp. - August 28, 2023) - Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (\"Maple Gold\" or the \"Company\") today announced the immediate departure of Matthew Hornor as President, Chief Executive Officer and a Director of Maple Gold and the concurrent appointment of Kiran Patankar, an experienced mining executive and current Chief Financial Officer of Maple Gold, as its Interim President and Chief Executive Officer. The Company also announced the appointment of Michael Rukus, a Chartered Professional Accountant (CPA) and current Corporate Controller of Maple Gold, as its Interim Chief Financial Officer to fill the vacancy created by Mr. Patankar's appointment.Mr. Patankar brings to the role an extensive public company leadership, investment banking and capital markets background and a diverse financial, technical, and strategic skill set, including mergers and acquisitions, capital raising, project evaluation and development, financial controls and reporting, stakeholder engagement and corporate governance. His appointment will ensure a smooth transition and operational continuity while the Board pursues an active strategy to unlock value through prudent capital allocation and disciplined exploration and development of the Company's district-scale gold projects located in Québec, Canada.\"After careful review and discussion, the Independent Directors unanimously concluded that a leadership transition is in the best interests of the Company's shareholders and stakeholders,\" stated Michelle Roth, Maple Gold's Chairperson, speaking on behalf of the Board. \"The Board would like to thank Mr. Patankar and Mr. Rukus for stepping into their respective positions and looks forward to working with them in their expanded roles as we execute on our value creation initiatives and deliver on the Company's enormous growth potential.\"Mr. Patankar has more than 15 years of senior leadership experience in the mining industry. He has served as Maple Gold's Chief Financial Officer since 2022, after serving as the Company's Senior Vice President, Growth Strategy since 2021. From 2015 to 2018, Mr. Patankar served as President, CEO and a Director of two TSX-V listed gold explora...