- TRU Precious Metals (TRU) appoints veteran mining Executive Colin Sutherland, CPA, CA to its Board of Directors
- To date, TRU has 5 directors, 3 of whom are independent
- subject to regulatory approval, it has granted an aggregate of 280,000 incentive stock options to a director, an officer, and an employee in accordance with the company’s stock option plan
- Sutherland holds a Bachelor of Business Administration degree from Saint Francis Xavier University
- TRU Precious Metals (TRU) is down 8.82 percent and is trading at C$0.31 at 11:26 am ET
TRU Precious Metals Corp. (TSXV: TRU) appoints Colin Sutherland, CPA, CA to its Board of Directors. TRU now has 5 directors, 3 of whom are independent.
Sutherland is a Chartered Professional Accountant with over 20 years of financial and operational experience in the mining industry with exploration and development-stage companies.
He has held senior executive roles globally, currently with Magna Gold Corp. as its Chief Financial Officer and a director, and recently with Arizona Metals Corp., NQ Minerals Plc, Amarillo Gold Corporation, and McEwen Mining Inc.
Over his career, Sutherland has led several M&A, equity and debt transactions, and has returned significant value to shareholders. Sutherland holds a Bachelor of Business Administration degree from Saint Francis Xavier University.
Along with his appointment as a director of TRU Precious Metals, Sutherland has also been appointed to its audit committee, which is now comprised entirely of independent directors.
This is consistent with the company’s broader commitment to strong corporate governance, to which end TRU has also previously adopted a Code of Business Conduct as well as a Corporate Disclosure Policy.
TRU Co-Founder and CEO Joel Freudman commented: “We believe Colin’s experience and connections will further support our strategy to deliver value to our shareholders through good governance, operational excellence, and enhanced market presence.”
TRU also announces that subject to regulatory approval, it has granted an aggregate of 280,000 incentive stock options to a director, an officer, and an employee in accordance with the company’s stock option plan.
These options have an exercise price of $0.34 each and a 3-year term, and vest immediately.
TRU has assembled a portfolio of 5 gold exploration properties in the highly prospective Central Newfoundland Gold Belt.
TRU Precious Metals (TRU) is down 8.82 percent and is trading at C$0.31 at 11:26 am ET.