Fremont Gold (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) has appointed Joel Sutherland as its new Chief Executive Officer and director. Sutherland brings over 20 years of capital markets experience, including roles at Merrill Lynch, BMO Capital Markets, and CIBC World Markets. He succeeds Dennis Moore, who will continue as President and director, focusing on advancing Fremont’s Armenian copper and gold projects.
Sutherland’s compensation package includes annual cash compensation of US$125,000, 600,000 stock options at C$0.095 per share, and 580,000 common shares to be issued over two years, subject to TSXV approval. This leadership change aims to leverage Sutherland’s expertise in building Fremont’s brand, securing financing, and managing operations, while allowing Moore to concentrate on resource discovery and project development.
Fremont Gold (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) ha nominato Joel Sutherland come nuovo Amministratore Delegato e direttore. Sutherland porta con sé oltre 20 anni di esperienza nei mercati dei capitali, avendo ricoperto ruoli presso Merrill Lynch, BMO Capital Markets e CIBC World Markets. Sostituisce Dennis Moore, che continuerà come Presidente e direttore, concentrandosi sullo sviluppo dei progetti di rame e oro in Armenia di Fremont.
Il pacchetto retributivo di Sutherland include un , 600.000 opzioni su azioni a C$0,095 per azione, e 580.000 azioni ordinarie da emettere in due anni, soggetto all’approvazione di TSXV. Questo cambio di leadership mira a valorizzare l’esperienza di Sutherland nella costruzione del brand di Fremont, nella ricerca di finanziamenti e nella gestione delle operazioni, consentendo a Moore di concentrarsi sulla scoperta di risorse e sullo sviluppo dei progetti.
Fremont Gold (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) ha designado a Joel Sutherland como su nuevo Director Ejecutivo y director. Sutherland aporta más de 20 años de experiencia en mercados de capitales, incluyendo roles en Merrill Lynch, BMO Capital Markets y CIBC World Markets. Sucede a Dennis Moore, quien continuará como Presidente y director, centrándose en avanzar los proyectos de cobre y oro de Fremont en Armenia.
El paquete de compensación de Sutherland incluye una compensación anual en efectivo de 125,000 USD, 600,000 opciones sobre acciones a C$0.095 por acción y 580,000 acciones ordinarias a emitirse en dos años, sujeto a la aprobación de TSXV. Este cambio de liderazgo tiene como objetivo aprovechar la experiencia de Sutherland en la construcción de la marca de Fremont, asegurar financiamiento y gestionar operaciones, permitiendo a Moore concentrarse en el descubrimiento de recursos y el desarrollo de proyectos.
프리몬트 골드 (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF)가 조엘 서덜랜드를 새로운 최고 경영자(CEO)이자 이사로 임명했습니다. 서덜랜드는 메릴린치, BMO 캐피탈 마켓, CIBC 월드 마켓에서의 역할을 포함하여 20년 이상의 자본 시장 경험을 보유하고 있습니다. 그는 데니스 무어를 대신하게 되며, 데니스 무어는 프리몬트의 아르메니아 구리 및 금 프로젝트의 진행에 집중하기 위해 계속해서 사장 및 이사로 남습니다.
서덜랜드의 보상 패키지에는 연간 현금 보상 125,000 USD, 주당 C$0.095의 600,000주 스톡 옵션, 그리고 2년 동안 발행될 580,000주 보통주가 포함되어 있으며, 이는 TSXV의 승인을 받아야 합니다. 이번 리더십 변화는 서덜랜드의 역량을 활용하여 프리몬트의 브랜드를 구축하고, 자금을 확보하며, 운영 관리를 강화하려는 목적으로 이루어졌으며, 무어가 자원 발견 및 프로젝트 개발에 집중할 수 있도록 합니다.
Fremont Gold (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) a nommé Joel Sutherland comme nouveau Directeur Général et directeur. Sutherland bénéficie de plus de 20 ans d’expérience sur les marchés des capitaux, ayant occupé des postes chez Merrill Lynch, BMO Capital Markets et CIBC World Markets. Il succède à Dennis Moore, qui continuera en tant que Président et directeur, en se concentrant sur l’avancement des projets de cuivre et d’or en Arménie de Fremont.
Le package de rémunération de Sutherland comprend une rémunération annuelle en espèces de 125 000 USD, 600 000 options d’actions à C$0,095 par action, et 580 000 actions ordinaires à émettre sur une période de deux ans, sous réserve de l’approbation de la TSXV. Ce changement de direction vise à tirer parti de l’expertise de Sutherland pour renforcer la marque de Fremont, sécuriser le financement et gérer les opérations, tout en permettant à Moore de se concentrer sur la découverte de ressources et le développement de projets.
Fremont Gold (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) hat Joel Sutherland zu seinem neuen Chief Executive Officer und Direktor ernannt. Sutherland bringt über 20 Jahre Erfahrung im Kapitalmarkt mit, darunter Positionen bei Merrill Lynch, BMO Capital Markets und CIBC World Markets. Er tritt die Nachfolge von Dennis Moore an, der weiterhin als Präsident und Direktor tätig sein wird und sich auf die Weiterentwicklung der armenischen Kupfer- und Goldprojekte von Fremont konzentrieren wird.
Sutherlands Vergütungspaket umfasst eine jährliche Barvergütung von 125.000 USD, 600.000 Aktienoptionen zu einem Preis von C$0,095 pro Aktie und 580.000 Stammaktien, die über einen Zeitraum von zwei Jahren ausgegeben werden, vorbehaltlich der Genehmigung durch die TSXV. Diese Führungsänderung zielt darauf ab, Sutherlands Fachwissen zur Stärkung der Marke Fremont, zur Sicherstellung von Finanzierungen und zur Betriebsführung zu nutzen, während Moore sich auf die Ressourcenerkundung und Projektentwicklung konzentrieren kann.
Positive
- Appointment of Joel Sutherland as CEO brings 20+ years of capital markets experience
- Dennis Moore remains as President, focusing on project advancement and new opportunities
- Complementary skillsets between new CEO and President may enhance company growth
- Fremont has a portfolio of promising copper and gold projects in Armenia
Negative
- Leadership change may lead to temporary operational adjustments
- Issuance of new shares and options may result in dilution for existing shareholders
Vancouver, British Columbia–(Newsfile Corp. – August 21, 2024) – Fremont Gold Ltd. (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) (“Fremont” or the “Company”) is pleased to announce that Joel Sutherland has been appointed the new Chief Executive Officer of Fremont and a director of the Company. Joel Sutherland brings over 20 years of experience in capital markets, having excelled as an Equity Research Analyst and in Institutional Sales at prominent firms. His appointment is expected to enhance Fremont’s strategic direction and financial management.
Joel Sutherland’s extensive background in finance and his track record in leading successful financing initiatives are valuable assets that can further propel Fremont’s growth in the mining sector. With Dennis Moore’s continued focus on project advancement and new opportunities, the complementary skill sets of the new CEO and President are poised to drive company expansion and success in the field.
### Leveraging Diverse Expertise for Growth
The appointment of Joel Sutherland signifies Fremont Gold’s commitment to leveraging diverse expertise in capital markets and corporate development for sustained growth. By combining Sutherland’s financial acumen with Moore’s strategic vision, the company aims to strengthen its market position and capitalize on emerging opportunities in the mining industry.
### Focused Advancement in Armenia
With a focus on Armenian copper and gold projects, Fremont Gold aims to tap into the rich mineral resources present in the region. Dennis Moore’s continued dedication to advancing these projects, coupled with Joel Sutherland’s leadership in securing financing and managing operations, positions Fremont Gold for significant progress and value creation.
### Strengthening Market Presence and Branding
Joel Sutherland’s experience in building corporate brands and fostering investor relations can enhance Fremont Gold’s market presence and visibility. By emphasizing effective communication and strategic branding initiatives, the company is poised to attract greater investor interest and support for its projects.
### Long-Term Value Creation
The compensation package for Joel Sutherland, including stock options and common shares, aligns his incentives with long-term value creation for Fremont Gold and its shareholders. This strategic approach to executive remuneration reflects the company’s commitment to sustainable growth and maximizing shareholder value over time.
FAQ
Who is the new CEO of Fremont Gold (FRERF)?
Joel Sutherland has been appointed as the new Chief Executive Officer of Fremont Gold (FRERF).
What is Joel Sutherland’s background and experience?
Joel Sutherland has over 20 years of experience in capital markets, working as an Equity Research Analyst and in Institutional Sales at firms like Merrill Lynch, BMO Capital Markets, and CIBC World Markets.
What is Dennis Moore’s new role at Fremont Gold (FRERF)?
Dennis Moore will continue as President and a director of Fremont Gold (FRERF), focusing on advancing the company’s Armenian copper and gold projects and identifying new business opportunities.
What compensation package will Joel Sutherland receive as CEO of Fremont Gold (FRERF)?
Joel Sutherland will receive annual cash compensation of US$125,000, 600,000 stock options at C$0.095 per share, and 580,000 common shares to be issued over two years, subject to TSXV approval.
Fremont Gold (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) has appointed Joel Sutherland as its new Chief Executive Officer and director. Sutherland brings over 20 years of capital markets experience, including roles at Merrill Lynch, BMO Capital Markets, and CIBC World Markets. He succeeds Dennis Moore, who will continue as President and director, focusing on advancing Fremont’s Armenian copper and gold projects.
Sutherland’s compensation package includes annual cash compensation of US$125,000, 600,000 stock options at C$0.095 per share, and 580,000 common shares to be issued over two years, subject to TSXV approval. This leadership change aims to leverage Sutherland’s expertise in building Fremont’s brand, securing financing, and managing operations, while allowing Moore to concentrate on resource discovery and project development.
Fremont Gold (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) ha nominato Joel Sutherland come nuovo Amministratore Delegato e direttore. Sutherland porta con sé oltre 20 anni di esperienza nei mercati dei capitali, avendo ricoperto ruoli presso Merrill Lynch, BMO Capital Markets e CIBC World Markets. Sostituisce Dennis Moore, che continuerà come Presidente e direttore, concentrandosi sullo sviluppo dei progetti di rame e oro in Armenia di Fremont.
Il pacchetto retributivo di Sutherland include un , 600.000 opzioni su azioni a C$0,095 per azione, e 580.000 azioni ordinarie da emettere in due anni, soggetto all’approvazione di TSXV. Questo cambio di leadership mira a valorizzare l’esperienza di Sutherland nella costruzione del brand di Fremont, nella ricerca di finanziamenti e nella gestione delle operazioni, consentendo a Moore di concentrarsi sulla scoperta di risorse e sullo sviluppo dei progetti.
Fremont Gold (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) ha designado a Joel Sutherland como su nuevo Director Ejecutivo y director. Sutherland aporta más de 20 años de experiencia en mercados de capitales, incluyendo roles en Merrill Lynch, BMO Capital Markets y CIBC World Markets. Sucede a Dennis Moore, quien continuará como Presidente y director, centrándose en avanzar los proyectos de cobre y oro de Fremont en Armenia.
El paquete de compensación de Sutherland incluye una compensación anual en efectivo de 125,000 USD, 600,000 opciones sobre acciones a C$0.095 por acción y 580,000 acciones ordinarias a emitirse en dos años, sujeto a la aprobación de TSXV. Este cambio de liderazgo tiene como objetivo aprovechar la experiencia de Sutherland en la construcción de la marca de Fremont, asegurar financiamiento y gestionar operaciones, permitiendo a Moore concentrarse en el descubrimiento de recursos y el desarrollo de proyectos.
프리몬트 골드 (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF)가 조엘 서덜랜드를 새로운 최고 경영자(CEO)이자 이사로 임명했습니다. 서덜랜드는 메릴린치, BMO 캐피탈 마켓, CIBC 월드 마켓에서의 역할을 포함하여 20년 이상의 자본 시장 경험을 보유하고 있습니다. 그는 데니스 무어를 대신하게 되며, 데니스 무어는 프리몬트의 아르메니아 구리 및 금 프로젝트의 진행에 집중하기 위해 계속해서 사장 및 이사로 남습니다.
서덜랜드의 보상 패키지에는 연간 현금 보상 125,000 USD, 주당 C$0.095의 600,000주 스톡 옵션, 그리고 2년 동안 발행될 580,000주 보통주가 포함되어 있으며, 이는 TSXV의 승인을 받아야 합니다. 이번 리더십 변화는 서덜랜드의 역량을 활용하여 프리몬트의 브랜드를 구축하고, 자금을 확보하며, 운영 관리를 강화하려는 목적으로 이루어졌으며, 무어가 자원 발견 및 프로젝트 개발에 집중할 수 있도록 합니다.
Fremont Gold (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) a nommé Joel Sutherland comme nouveau Directeur Général et directeur. Sutherland bénéficie de plus de 20 ans d’expérience sur les marchés des capitaux, ayant occupé des postes chez Merrill Lynch, BMO Capital Markets et CIBC World Markets. Il succède à Dennis Moore, qui continuera en tant que Président et directeur, en se concentrant sur l’avancement des projets de cuivre et d’or en Arménie de Fremont.
Le package de rémunération de Sutherland comprend une rémunération annuelle en espèces de 125 000 USD, 600 000 options d’actions à C$0,095 par action, et 580 000 actions ordinaires à émettre sur une période de deux ans, sous réserve de l’approbation de la TSXV. Ce changement de direction vise à tirer parti de l’expertise de Sutherland pour renforcer la marque de Fremont, sécuriser le financement et gérer les opérations, tout en permettant à Moore de se concentrer sur la découverte de ressources et le développement de projets.
Fremont Gold (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) hat Joel Sutherland zu seinem neuen Chief Executive Officer und Direktor ernannt. Sutherland bringt über 20 Jahre Erfahrung im Kapitalmarkt mit, darunter Positionen bei Merrill Lynch, BMO Capital Markets und CIBC World Markets. Er tritt die Nachfolge von Dennis Moore an, der weiterhin als Präsident und Direktor tätig sein wird und sich auf die Weiterentwicklung der armenischen Kupfer- und Goldprojekte von Fremont konzentrieren wird.
Sutherlands Vergütungspaket umfasst eine jährliche Barvergütung von 125.000 USD, 600.000 Aktienoptionen zu einem Preis von C$0,095 pro Aktie und 580.000 Stammaktien, die über einen Zeitraum von zwei Jahren ausgegeben werden, vorbehaltlich der Genehmigung durch die TSXV. Diese Führungsänderung zielt darauf ab, Sutherlands Fachwissen zur Stärkung der Marke Fremont, zur Sicherstellung von Finanzierungen und zur Betriebsführung zu nutzen, während Moore sich auf die Ressourcenerkundung und Projektentwicklung konzentrieren kann.
Positive
- Appointment of Joel Sutherland as CEO brings 20+ years of capital markets experience
- Dennis Moore remains as President, focusing on project advancement and new opportunities
- Complementary skillsets between new CEO and President may enhance company growth
- Fremont has a portfolio of promising copper and gold projects in Armenia
Negative
- Leadership change may lead to temporary operational adjustments
- Issuance of new shares and options may result in dilution for existing shareholders
Vancouver, British Columbia–(Newsfile Corp. – August 21, 2024) – Fremont Gold Ltd. (TSXV: FRE) (FSE: FR20) (OTCQB: FRERF) (“Fremont” or the “Company”) is pleased to announce that Joel Sutherland has been appointed the new Chief Executive Officer of Fremont and a director of the Company. Joel Sutherland brings over 20 years of experience in capital markets, having excelled as an Equity Research Analyst and in Institutional Sales at prominent firms. His appointment is expected to enhance Fremont’s strategic direction and financial management.
Joel Sutherland’s extensive background in finance and his track record in leading successful financing initiatives are valuable assets that can further propel Fremont’s growth in the mining sector. With Dennis Moore’s continued focus on project advancement and new opportunities, the complementary skill sets of the new CEO and President are poised to drive company expansion and success in the field.
### Leveraging Diverse Expertise for Growth
The appointment of Joel Sutherland signifies Fremont Gold’s commitment to leveraging diverse expertise in capital markets and corporate development for sustained growth. By combining Sutherland’s financial acumen with Moore’s strategic vision, the company aims to strengthen its market position and capitalize on emerging opportunities in the mining industry.
### Focused Advancement in Armenia
With a focus on Armenian copper and gold projects, Fremont Gold aims to tap into the rich mineral resources present in the region. Dennis Moore’s continued dedication to advancing these projects, coupled with Joel Sutherland’s leadership in securing financing and managing operations, positions Fremont Gold for significant progress and value creation.
### Strengthening Market Presence and Branding
Joel Sutherland’s experience in building corporate brands and fostering investor relations can enhance Fremont Gold’s market presence and visibility. By emphasizing effective communication and strategic branding initiatives, the company is poised to attract greater investor interest and support for its projects.
### Long-Term Value Creation
The compensation package for Joel Sutherland, including stock options and common shares, aligns his incentives with long-term value creation for Fremont Gold and its shareholders. This strategic approach to executive remuneration reflects the company’s commitment to sustainable growth and maximizing shareholder value over time.
FAQ
Who is the new CEO of Fremont Gold (FRERF)?
Joel Sutherland has been appointed as the new Chief Executive Officer of Fremont Gold (FRERF).
What is Joel Sutherland’s background and experience?
Joel Sutherland has over 20 years of experience in capital markets, working as an Equity Research Analyst and in Institutional Sales at firms like Merrill Lynch, BMO Capital Markets, and CIBC World Markets.
What is Dennis Moore’s new role at Fremont Gold (FRERF)?
Dennis Moore will continue as President and a director of Fremont Gold (FRERF), focusing on advancing the company’s Armenian copper and gold projects and identifying new business opportunities.
What compensation package will Joel Sutherland receive as CEO of Fremont Gold (FRERF)?
Joel Sutherland will receive annual cash compensation of US$125,000, 600,000 stock options at C$0.095 per share, and 580,000 common shares to be issued over two years, subject to TSXV approval.
