Compass Appoints Stephen Eddy to Board of Directors
Compass Gold Corp. (TSXV: CVB) has appointed Stephen Eddy to its Board of Directors as the company transitions from exploration to gold production in Mali. Eddy, a strategic financial executive with over 20 years of experience in the mining sector, previously served as Senior Vice President of Business Development at IAMGOLD.
During his tenure at IAMGOLD, Eddy led $900M in acquisitions and $2.4B in divestitures, including the $500M Niobec sale and a $195M strategic investment from Sumitomo. He is credited with the turnaround of the Côté Gold project in Ontario and brings expertise in capital markets transactions, risk management, and corporate development.
Compass Gold Corp. (TSXV: CVB) ha nominato Stephen Eddy nel proprio Consiglio di Amministrazione mentre la società si prepara a passare dall’esplorazione alla produzione aurifera in Mali. Eddy, dirigente finanziario strategico con oltre 20 anni di esperienza nel settore minerario, è stato in precedenza Senior Vice President of Business Development presso IAMGOLD.
Durante il suo incarico in IAMGOLD, Eddy ha guidato acquisizioni per $900M e dismissioni per $2.4B, tra cui la cessione di Niobec per $500M e un investimento strategico di $195M da parte di Sumitomo. È riconosciuto per la ristrutturazione del progetto Côté Gold in Ontario e apporta competenze in operazioni sui mercati dei capitali, gestione dei rischi e sviluppo aziendale.
Compass Gold Corp. (TSXV: CVB) ha designado a Stephen Eddy para su Junta Directiva mientras la compañía avanza del esploración a la producción de oro en Malí. Eddy, ejecutivo financiero estratégico con más de 20 años de experiencia en el sector minero, fue anteriormente Senior Vice President of Business Development en IAMGOLD.
Durante su etapa en IAMGOLD, Eddy lideró adquisiciones por $900M y desinversiones por $2.4B, incluyendo la venta de Niobec por $500M y una inversión estratégica de $195M por parte de Sumitomo. Se le atribuye la recuperación del proyecto Côté Gold en Ontario y aporta experiencia en transacciones en los mercados de capital, gestión de riesgos y desarrollo corporativo.
Compass Gold Corp. (TSXV: CVB)는 말리에서 탐사 단계에서 금 생산으로 전환하는 과정에서 Stephen Eddy를 이사회 이사로 선임했습니다. Eddy는 광업 분야에서 20년 이상의 경력을 가진 전략적 재무 임원으로, 이전에 IAMGOLD의 사업개발 수석부사장(Senior Vice President of Business Development)을 역임했습니다.
IAMGOLD 재직 기간 동안 Eddy는 $900M 규모의 인수와 $2.4B 규모의 자산 매각을 주도했으며, 여기에는 $500M 규모의 Niobec 매각과 $195M의 Sumitomo로부터의 전략적 투자도 포함됩니다. 그는 온타리오의 코테 골드(Côté Gold) 프로젝트 재정비를 이끈 것으로 평가되며 자본시장 거래, 리스크 관리 및 기업 개발 분야의 전문성을 제공합니다.
Compass Gold Corp. (TSXV: CVB) a nommé Stephen Eddy au sein de son conseil d'administration alors que la société passe de l'exploration à la production aurifère au Mali. Eddy, cadre financier stratégique fort de plus de 20 ans d'expérience dans le secteur minier, a précédemment occupé le poste de Senior Vice President of Business Development chez IAMGOLD.
Pendant son mandat chez IAMGOLD, Eddy a piloté des acquisitions pour $900M et des cessions pour $2.4B, y compris la vente de Niobec pour $500M et un investissement stratégique de $195M de la part de Sumitomo. Il est crédité de la remise en ordre du projet Côté Gold en Ontario et apporte une expertise en opérations sur les marchés de capitaux, gestion des risques et développement d'entreprise.
Compass Gold Corp. (TSXV: CVB) hat Stephen Eddy in seinen Vorstand berufen, während das Unternehmen den Übergang von Exploration zur Goldproduktion in Mali vollzieht. Eddy ist ein strategischer Finanzmanager mit über 20 Jahren Erfahrung im Bergbausektor und war zuvor Senior Vice President of Business Development bei IAMGOLD.
Während seiner Zeit bei IAMGOLD leitete Eddy Akquisitionen in Höhe von $900M und Veräußerungen in Höhe von $2.4B, darunter der Verkauf von Niobec für $500M und eine strategische Beteiligung von $195M durch Sumitomo. Er wird die Sanierung des Côté Gold-Projekts in Ontario zugeschrieben und bringt Fachwissen in Kapitalmarkttransaktionen, Risikomanagement und Unternehmensentwicklung mit.
- Appointment of highly experienced mining executive with proven track record in major transactions
- Strategic move towards becoming a gold producer from exploration company
- Addition of expertise in capital markets and risk management
- Potential development of first small gold mine in Mali to generate cash flow
- Company still in transition phase from explorer to producer
- Cash flow generation remains a future prospect, not current reality
Toronto, Ontario--(Newsfile Corp. - September 8, 2025) - Compass Gold Corp. (TSXV: CVB) (Compass or the Company) is pleased to announce the appointment of Stephen Eddy to the Board of Directors.
"On behalf of our Board and Executive team, I can say that we are extremely pleased to have Stephen join us, particularly as the Company is advancing its strategy to develop its first small gold mine in Mali and to generate cash flow for operations in the near future," said Compass Chairman Joe Conway. "His background and experience fit perfectly with our vision to turn Compass from an explorer to a growing gold producer."
Compass CEO Larry Phillips added, "I have known and worked with Stephen for many years, including during my years at IAMGOLD, and we are honoured to have him join our team, adding both his expertise and his commitment to help us to drive ahead for the benefit of all of our stakeholders."
Mr. Eddy is a strategic financial executive with over two decades of experience leading capital markets transactions, risk management, and corporate development in the international mining sector. As Senior Vice President of Business Development at IAMGOLD, he spearheaded
About Compass Gold Corp.
Compass, a public company having been incorporated into Ontario, is a Tier 2 issuer on the TSX-V. Through the 2017 acquisition of MGE and Malian subsidiaries, Compass holds gold exploration permits located in Mali that comprise the Sikasso Property. The exploration permits are located in three sites in southern Mali with a combined land holding of 1,173 sq. km. The Sikasso Property is located in the same region as several multi-million-ounce gold projects, including Morila, Syama, Kalana and Komana. The Company's Mali-based technical team, led in the field by Dr. Madani Diallo and under the supervision of Dr. Sandy Archibald, P.Geo, is conducting the current exploration program. They are examining numerous anomalies first noted in Dr. Archibald's August 2017 "National Instrument 43-101 Technical Report on the Sikasso Property, Southern Mali."
Forward‐Looking Information
This news release contains "forward‐looking information" within the meaning of applicable securities laws, including statements regarding the Company's planned exploration work and management appointments. Readers are cautioned not to place undue reliance on forward‐looking information. Actual results and developments may differ materially from those contemplated by such information. The statements in this news release are made as of the date hereof. The Company undertakes no obligation to update forward‐looking information except as required by applicable law.
For further information, please contact:
| Compass Gold Corporation | Compass Gold Corporation |
| Larry Phillips – Pres. & CEO | Greg Taylor – Dir. Investor Relations & Corporate Communications |
| lphillips@compassgoldcorp.com | gtaylor@compassgoldcorp.com |
| T: +1 416-596-0996 X 302 | T: +1 416-596-0996 X 301 |
Website: www.compassgoldcorp.com
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265572
FAQ
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