Premier to launch i-80 with an ‘industry-best’ team
Toronto-listed Premier Gold on Monday announced the membership team for its i-80 Gold spin-out, which will be created as part of the company’s acquisition by Equinox Gold.
With a head office in Reno, Nevada, key members of i-80 will include Premier founder, president and CEO Ewan Downie as CEO and director, former Tahoe Resources CEO Ron Clayton as chairperson of the board and former Barrick technical officer Matthew Gili as president and COO.
Executive VP business and corporate development will be Matthew Gollat, CFO will be Ryan Snow and executive VP projects and evaluations will be Brent Kristof.
"It has been our goal to launch i-80 with an industry-best management team and the core group we have been able to attract achieves this first priority target,” commented Downie.
"This team brings the proven track record in mine development and operations, including extensive experience leading major gold mining complexes in Nevada, including Cortez and Turquoise Ridge. The combined team brings substantial success in corporate growth having built multiple companies from early exploration concept to full mine production. I look forward to working with this group as we quickly accelerate the growth of i-80's advanced-stage asset portfolio and build Nevada's premier growth company.”
The board of directors planned for i-80 include current Premier board members Downie, John Seaman, John Begeman and Eva Bellissimo, and new members Clayton, Greg Smith and Arthur Einav.
Premier’s US assets to be spun out into i-80 include the South Arturo and McCoy-Cove properties, as well as the newly acquired Getchell project.
Equinox will retain Premier’s interest in the Hardrock project, the Mercedes mine, and the Hasaga and Rahill-Bonanza properties in Red Lake, Ontario.
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