Osisko Development - CEO, Sean Roosen.
CEO, Sean Roosen.
Source: The Globe and Mail.
  • Osisko Mining (OSK) has made a number of changes to its executive team, including Sean Roosen’s departure as Non-Executive Chairman
  • Current CEO John Burzynski will take on the role of Chairman and Sean will continue as a Director of the company
  • Mathieu Savard, Senior Vice President of Exploration, has also been promoted to the position as President
  • Mathieu joined the company in 2016 and has more than 20 years of experience in the mining industry
  • Osisko Mining (OSK) is currently down 3.67 per cent and is trading at C$4.20 per share

Osisko Mining (OSK) has made a number of changes to its executive team, including Sean Roosen’s departure as Non-Executive Chairman.

Sean, who has been a long-time member of the Toronto-based company’s senior management team and will remain as a director, will be replaced by existing CEO, John Burzynski.

In connection with John’s new role as Chairman, he will step down as President of the company and will be replaced by Mathieu Savard, who has been acting as Senior Vice President of Exploration.

With more than 20 years of experience in the Canadian mining industry, Mathieu joined Osisko Mining in 2016 having attained a bachelor’s degree in earth sciences at the Université du Québec à Montréal.

Prior to joining the company, he was a senior member of the Osisko Exploration James Bay, Virginia Gold and Virginia Gold Mines teams, during which he received the Association de l’Exploration Minière du Quebec (AEMQ) Prospector of the Year Award in 2004 as part of the Virginia team.

He also received the Bill Dennis Award in 2006 for the discovery of the Eleonore gold deposit and, along with the Osisko Mining management and exploration team, received the AEMQ 2017 Discovery of the Year Award for the discovery of the Lynx deposit at Windfall.

Commenting on the management shuffles, John thanked Sean for his tenure as Chairman and welcomed Mathieu as Osisko’s new President.

“At Osisko we have a strong and highly experienced Board and management team, one of the finest and most capable technical teams in the business, and one of the most proven track records of gold discovery and value creation for shareholders amongst any of our peers.

“I have every confidence that Mathieu’s strong leadership skills will continue to take us to new heights,” he said.

Osisko Mining (OSK) is currently down 3.67 per cent and is trading at C$4.20 per share at 10:19am EDT.

More From The Market Online

Search suspended for SSR miners missing after Türkiye mine collapse

SSR Mining (TSX:SSRM) provided an update on the tragedy that struck its Çöpler gold operation in eastern Türkiye.

Canada Nickel completes initial infill drilling at Bannockburn Property

Canada Nickel Company (TSXV:CNC) has reported the first five holes at its Bannockburn Property's "B" zone have been drilled.

E3 Lithium selects technology for first commercial plant

E3 Lithium (TSXV:ETL) provided an update on the selection process for direct lithium extraction technology in its field pilot plant.

Game-changing drill results from Quebec could lead this junior to gold dominance in Canada 

Goldflare Exploration (TSXV:GOFL) is changing the landscape of gold exploration in Canada thanks to its presence in Quebec.