EnGold Announces Management Changes
Rhea-AI Summary
EnGold Mines (TSXV: EGM) has announced significant management changes as of March 3, 2025. David Brett has stepped down from his position as CEO but will continue to serve on the Board of Directors. John Brown, the current Chairman of the Board and long-time director, has been appointed as interim CEO to assume leadership responsibilities.
Positive
- Continuity maintained with Chairman assuming CEO role
- Former CEO remains on Board preserving institutional knowledge
Negative
- Unexpected CEO departure creates leadership uncertainty
- Interim nature of new CEO appointment suggests potential instability
News Market Reaction 1 Alert
On the day this news was published, GWRRF gained 75.45%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2025) - Dale Reimer CFO, EnGold Mines Ltd., (TSXV: EGM) ("EnGold" or the "Company") reports that EnGold director Mr. David Brett is no longer CEO of the Company. Mr. John Brown, Chairman of the Board and long time EnGold Director, will assume the duties of the CEO on an interim basis. Mr. Brett will remain on the Board of Directors, and the Company thanks him for the service he has provided over the years.
About EnGold
EnGold is a Vancouver-based copper, gold, silver, and magnetite exploration company focused solely on its
EnGold Mines Ltd.
Dale Reimer
CFO
Contact: John Brown
Email: jkbrown@gmx.com
Phone: (780) 909-6630
Alastair Brownlow, CPA, CA, CPA (Washington)
Red Fern Consulting Ltd.
(778)989-4533
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243206
FAQ
Who is the new interim CEO of EnGold Mines (TSXV: EGM)?
When did David Brett step down as CEO of EnGold Mines?
Will David Brett remain involved with EnGold Mines after stepping down as CEO?
What positions does John Brown hold at EnGold Mines as of March 2025?
