Ryan Gold (RYG-V) Interim president David Schmidt has moved to vice-president of corporate development so executive chairman Murray John can take over as president. Mr. John is also the president of Corona Gold (CRG-T) and a director of Dundee Precious Metals (DPM-T). At Ryan, he plans to suspend exploration in the Yukon and look for more advanced properties elsewhere. The company spent $25-million exploring in the Yukon over the past two years. In 2011, it optioned 50 gold properties from prospector Shawn Ryan, bringing on the well-known prospector as president. At the time, Underworld Resources, which optioned its White Gold property from Mr. Ryan, had just been taken over by Kinross Gold Corp.
RYG $20 million cash (as of Sept 30, '13)
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Nov 26, 2013 - News Release
Ryan Gold Corp. has appointed Murray John president and chief executive officer of the company, effective immediately. Mr. John has resigned as executive chairman and remains a director of the company. Peter McRae has been appointed non-executive chairman of the board of directors. David Schmidt, the company's interim president and chief executive officer, will continue as a director and assumes the role of vice-president, corporate development. Mr. McRae is the president and chief executive officer of Freedom International Brokerage Company. He is also a director of Corona Gold Corp.
Mr. John is president and chief executive officer of Dundee Resources Ltd., president and chief executive officer of Corona Gold Corp., and a director of a number of other public companies. |
