- 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.