Business
Radisson Mining appoints Michael Gentile, CFA Strategic advisor
ROUYN-NORANDA, Quebec, May 06, 2019 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (“Radisson” or the “Company") (TSX.V: RDS, OTC: RMRDF) is pleased to anno
About this update from Radisson Mining Resources Inc.
[{"type":"text","content":" ROUYN-NORANDA, Quebec, May 06, 2019 (GLOBE NEWSWIRE) -- Radisson Mining Resources Inc. (“Radisson” or the “Company\") (TSX.V: RDS, OTC: RMRDF) is pleased to announce it has appointed Michael Gentile, CFA Strategic Advisor. Mr. Gentile and Radisson will work collaboratively and strategically to optimize value creation for the company’s shareholders through the exploration and development of the High-grade O’Brien Gold project, located along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Quebec. (See figure 1 and figure 2). Michael Gentile, CFA From 2003 to 2018 he worked as professional money manager at Formula Growth Ltd an independent investment management firm established in Montreal in 1960 with a long-term track record of creating investor wealth. While at Formula Growth M. Gentile main sector focus were the mining and natural resource sectors. In 2012 he became the co-manager with his partner Charles Haggar of the Formula Growth Alpha Fund, a market neutral hedge fund focused on small to mid cap equities. From 2012 to 2018 the Formula Growth Alpha fund became one of the most successful market neural funds in Canada, growing its AUM from $ 15 million to over $ 650 million by the end of 2018. Michael Gentile has been an active and successful investor in the mining and natural resource sector for over 20 years. While at Formula Growth, Michael was an early stage investor in very successful mining and natural resource investments returning multiples of their original investments for their investors. In October 2018, Mr. Gentile retired from full time money management in order to be able to spend more time with his family. Subsequently, he remains a very active investor in the mining space owning significant stakes in several small cap-mining companies. Michael is currently one of Radisson largest individual shareholders owning currently over 5 million shares of the company. “I am excited to join Radisson as a strategic advisor and start collaborating with a Company that ticks many of the boxes that I look for when making a significant investment in a mining company Radisson is run by executives that are good and honest stewards of capital and have strong alignment with shareholders as witnessed by the insider ownership of 12.88%. The best place to find a new high-grade gold deposit is near previously oper...