Business
TNR Gold Appoints Deputy Chairman and Provides Los Azules Update
Vancouver, British Columbia--(Newsfile Corp. - May 25, 2017) - TNR Gold Corp. (TSXV: TNR) ...
About this update from Tnr Gold Corp.
[{"type":"text","content":"TNR Gold Appoints Deputy Chairman and Provides Los Azules UpdateVancouver, British Columbia--(Newsfile Corp. - May 25, 2017) - TNR Gold Corp. (TSXV: TNR) (\"TNR\" or the \"Company\") is pleased to announce the appointment of John Wisbey as Deputy Chairman. Mr. Wisbey has been a Director of the Company since July 2016, and an investor since 2015.Mr. Wisbey is a technology entrepreneur and ex-banker. He founded two London AIM listed companies; IDOX plc, which provides software for Local Authority planning applications, and Lombard Risk Management plc, which creates software for risk management and regulation. He also recently established Convendia Ltd., an early stage private company which specializes in cashflow management and contingent cashflow evaluation. He was formerly a banker at Kleinwort Benson, where he held various roles, including a Director in the Derivatives Group, Head of Options and corporate lending. Mr. Wisbey has acted as a public company Chairman, CEO or Director for seventeen years. He is a graduate of Cambridge University.Kirill Klip, the Company's Executive Chairman commented, \"TNR Gold is moving to the next stage as a public company and will advance strategic market opportunities for its royalty holdings in McEwen Mining's Los Azules Copper project in Argentina as well as other royalties and strategic stakes in its investment projects. The Company will be expanding its reach in overseas markets such as London in order to facilitate the active management of its projects portfolio.\"Mr. Wisbey will oversee the Company's capital market operations and strategic transactions.Los Azules Project, ArgentinaIn a news release dated May 4, 2017, McEwen Mining Inc. (\"MM\") reported on its 100% owned Los Azules copper project, located in San Juan province, Argentina. MM reported, \"we spent $6.3 million at the Los Azules project on a combination of infill and exploration drilling, significant advances were made in determining the best logistics, power and infrastructure options and further economic and engineering modeling of the production. Results from the drilling campaign are expected to be finalised during the second half of 2017.\"TNR holds a 0.36% Net Smelter Returns Royalty (\"NSR\") on the Los Azules project.Information on MM, including news releases, is available under the MM profile on SEDAR at www.sed...