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Sean Roosen steps down as Chairman of Osisko Mining (TSX:OSK)

Mining
17 September 2020 10:44 (EDT)
Osisko Development - 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.

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.

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