Business
Nexus Gold Appoints J. Ian Stalker as Non-Executive Chairman
(via TheNewswire) Vancouver, Canada / TheNewswire / March 12,...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Nexus Gold Appoints J. Ian Stalker as Non-Executive Chairman(via TheNewswire)\n \n \nVancouver, Canada / TheNewswire / March 12, 2019 - Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSX-V: NXS, OTCQB: NXXGF, FSE: N6E) is pleased to announce the appointment of J. Ian Stalker as Non-Executive Chairman. Mr. Stalker, currently a Director with the Company, has more than 45 years of development and operational mining experience in countries around the world, including over a decade working in West Africa. \n\n \n \nAmong his many senior executive positions, he was Managing Director of Ashanti Goldfields Co. Limited (later to become AngloGold Ashanti); Vice President of Gold Fields Ltd., at one point the world's fourth largest gold producer; and Chief Executive Officer & Director of Brazilian Gold Corp., among others. He was also Chief Executive Officer of UraMin, a publicly-listed uranium company, from 2005 through 2007, when it was acquired by Areva for $2.5 billion. \n\n\n \nAmong his current titles, Mr. Stalker, President & CEO of LSC Lithium, and Director with K92 Mining Inc., a TSXV listed company that is operating a high-grade gold mine in Papua New Guinea. In January 2019, LSC Lithium announced it had accepted a $111 million buyout offer.\n\n\n \nMr. Stalker has successfully managed over ten mining projects through feasibility study, development and construction phases. Among those companies he has held senior management positions he has overseen significant market cap growth. Over the past decade he has been active in multiple M&A initiatives and has been directly involved in the raising of over $500-million in capital investment for mining projects around the world. \n\n\n \n \"We're happy Ian has accepted our invitation to increase his role with the Company,\" said president & CEO, Alex Klenman. \"His experience, knowledge and guidance will be of great benefit to the Company, and of even greater importance as the next few years are critical in our growth cycle. Having Ian on board in a more prominent and active position with Nexus is something our shareholders can be excited about. His track record in helping to grow company evaluations is impressive,\" continued Mr. Klenman.\n\n \n \nDebt Settlement\n\n\n \nThe Company also announces that it has reached an agreement with an arms'-length creditor to settle...