Ivanhoe Mines Ltd. (TSX:IVN) - Executive Chairman & Director, Robert Friedland.
Executive Chairman & Director, Robert Friedland.
Source: Financial Post.
  • Gold X Mining (TSXV:GLDX) has appointed well-known Canadian mining figure Robert Friedland to the position of Non-Executive Chairman
  • Most notably, Robert is the Founder and Executive Co-Chairman of Ivanhoe Mines, which currently has a market capitalisation of more than C$4.5 billion
  • In 1992, he co-founded Diamond Fields Resources, which sold the Voisey’s Bay nickel deposit to Inco Ltd in 1996 for $4.3 billion
  • In connection with his appointment, Robert has been granted two million incentive stock options exercisable at a price of $2.50
  • Gold X Mining (GLDX) is up 15.19 per cent and is trading at $3.26 per share

Gold X Mining (TSXV:GLDX) has appointed well-known Canadian mining figure Robert Friedland to the position of Non-Executive Chairman.

Paul Matysek, the company’s current Chairman and CEO, will relinquish his role as Chairman, but will remain as CEO and a director.

Among his many achievements, Robert founded and is currently Executive Co-Chairman of Ivanhoe Mines, which has a market capitalisation of more than C$4.5 billion.

He is also Chairman and co-founder of I-Pulse, a privately-held technology company, Chairman and CEO of High Power Exploration, and Co-Chairman of ASX-listed Clean TeQ.

In 1992, he co-founded Diamond Fields Resources, which discovered and sold the Voisey’s Bay nickel deposit to Inco Ltd. in 1996 for $4.3 billion.

Commenting on his appointment, Robert said he is looking forward to be joining the Gold X team.

“Paul and I had the pleasure to work together very successfully at Potash One, where I was the Chairman, and which we sold in a friendly transaction for $434-million cash in 2011.

Paul’s team is now developing an important gold project in Guyana, a beautiful country of which I am very fond and with which I have had a long experience. 

“Given the state of the financial markets, and the large existing and open-ended geological potential of this project, I am happy to join Paul and his team at Gold X to lend a hand,” he said.

In connection with his appointment, Robert has been granted a total of two million incentive stock options, exercisable at a price of $2.50 until June 22, 2025.

Gold X Mining (GLDX) is up 15.19 per cent and is trading at $3.26 per share at 2:31pm EDT.

More From The Market Online

Metals Creek hits visible gold at Shabaqua Corners Gold Project

Metals Creek Resources (TSXV:MEK) reveals drill results for the Shabaqua Corners Gold Property in Ontario.
silver ingot bars on economy and finance line chart surface

2024, a breakthrough year for silver

Silver has been on an incredible bull run this year, and market experts have indicated that this is just the beginning of the silver…

Green Battery Minerals sees opportunity from U.S. tariffs on China

With the White House’s recent tariffs on Chinese graphite imports, Green Battery Minerals (TSXV:GEM) is touting its domestic project.

BTU Metals acquires 2 gold properties in Ontario

BTU Metals (TSXV:BTU) finalizes its acquisitions of two large gold exploration projects in the Wawa gold district in Ontario.