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SolGold CEO quits

10th November 2022

By: Mariaan Webb

Creamer Media Contract Publishing Editor

     

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Darryl Cuzzubo has resigned as MD, CEO and board member of exploration and development company SolGold, having been in the top job for one year.

His resignation from the LSE- and TSX-listed company, which is advancing the Cascabel copper/gold project in Ecuador, is effective from Thursday.

SolGold said it had appointed nonexecutive director Scott Caldwell, a mining who has held a number of senior executive roles, as interim CEO until a permanent replacement has been found.

Cuzzubo's resignation comes within the same week that the company announced a $50-million financing agreement with Osisko Gold Royalties to advance the Cascabel project. The funding deal has reportedly faced criticism from shareholders, including BHP and Newcrest.

 

Edited by Creamer Media Reporter

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