sur Kestrel Gold Inc. (isin : CA5008612080)
Kestrel Gold Inc. Announces CEO Resignation and Appointment, Debt Settlement
Kestrel Gold Inc. has announced the resignation of CEO Rob Solinger due to health reasons. Pat Lynch, a current director and audit committee member, will assume the role of CEO effective August 19, 2024.
The company also disclosed a debt settlement agreement with Rob Solinger, settling his management fees of $52,963 through the issuance of 1,765,433 Common Shares at a price of $0.03 per share. The agreement is pending approval by the TSX Venture Exchange.
Following this settlement, Kestrel Gold Inc. will be debt-free, boasting approximately $170,000 in positive working capital. The company expressed gratitude to Rob Solinger for his dedication and extended best wishes during this challenging period.
R. H.
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