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     164  0 Kommentare Torex Gold Thanks Retiring Long-Term Directors

    TORONTO, April 29, 2021 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces that three of its founding Directors – Andrew Adams, Michael Murphy (co-founder), and Fred Stanford – will not stand for reelection at the Company’s annual shareholder meeting (the “AGM”) in June 2021. At the same time, Fred Stanford will resign from his executive role with the Company. Richard Howes, currently Lead Independent Director, will stand for nomination as Chair at the upcoming AGM.

    Fred Stanford, Executive Chair of Torex, stated:

    “At recent AGMs, investor voting has indicated a preference that Directors with more than ten years of service stand aside to allow for a “Board refresh”. We respect that, and the process of Board refresh started last year with the appointment of four new Directors. This year, there are many excellent Director candidates willing to put themselves forward for election, so Andrew, Michael, and I will stand aside to make room for them.

    “As expected, both Jody Kuzenko and Rick Howes have transitioned quickly into their new roles. My role as Executive Chair was always meant to be transitory as they settled in. With both of them performing very effectively in role, I will resign as a Torex Director and executive. Looking to the future, I plan to pursue my interest in commercializing Muckahi technology and building Muckahi mines.

    “Looking to the past, I have had a front row seat since the founding of the Company. Andrew and Michael have been there for the entire journey as well. As the business grew and developed in a challenging jurisdiction, it has not always been smooth sailing. Collectively, we found a path through social and technical challenges and have created a very healthy business with a solid social, technical, and financial foundation; one that a great many people inside and outside of the Company are proud to be associated with. On behalf of so many, I would like to thank Andrew and Michael for their contributions over more than a decade. Both have provided thoughtful perspectives, commitment, judgement, and steady hands throughout. It has been a pleasure to build a company with them.

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    Torex Gold Thanks Retiring Long-Term Directors TORONTO, April 29, 2021 (GLOBE NEWSWIRE) - Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces that three of its founding Directors – Andrew Adams, Michael Murphy (co-founder), and Fred Stanford – will not stand for …