E2Gold Appoints New CFO
Rhea-AI Summary
E2Gold Inc. (TSXV:ETU)(OTCQB:ETUGF) has appointed Kyle Nazareth as its new Chief Financial Officer, effective September 1, 2024. Nazareth, who works with Branson Corporate Services, brings over a decade of experience in managing public companies and advising on capital market transactions. He succeeds Carmelo Marrelli, who has served as E2Gold's CFO since July 2022.
Nazareth's role at Branson Corporate Services involves providing strategic financial consulting and compliance services on a fractional basis. His appointment is expected to bring high-quality financial stewardship to E2Gold, leveraging his extensive finance and capital markets expertise.
Positive
- Appointment of experienced CFO with over a decade of public company management
- New CFO brings expertise in capital market transactions and financial stewardship
- Potential for cost-effective financial management through fractional CFO services
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ETUGF declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
TORONTO, ON / ACCESSWIRE / September 3, 2024 / E2Gold Inc. (TSXV:ETU)(OTCQB:ETUGF) has appointed Mr. Kyle Nazareth of Branson Corporate Services as its Chief Financial Officer effective September 1, 2024.
Mr. Nazareth brings over a decade of experience in managing public companies, advising on capital market transactions, and providing financial stewardship. As the Chief Financial Officer of Toronto-based Branson Corporate Services he provides, on a fractional basis, strategic financial consulting, and financial compliance services at a high quality and cost-effectively. Mr. Nazareth brings a proven track record of success in providing extensive finance and capital markets expertise to his clients.
Mr. Nazareth succeeds Mr. Carmelo Marrelli, who has served as E2Gold's CFO since July 2022. The Board and management would like to take this opportunity to thank Mr. Marrelli for his role over the past few years.
ABOUT E2GOLD INC.
E2Gold Inc. is a Canadian gold exploration company with a large flagship property, the 80 km long Hawkins Gold Project in north-central Ontario, about 140 km east of the Hemlo Gold Mine, and 75 km north of the Magino and Island Gold Mines. The property is anchored by the McKinnon Zone Inferred Resource of 6.2 Mt grading 1.65 Au g/t, for 328,800 ounces of gold.1 E2Gold is committed to increasing shareholder value through discoveries at Hawkins.
Note 1: NI 43-101 Technical Report and Updated Mineral Resource Estimate on Hawkins Gold Project, Ontario, by P&E Mining Consultants, effective date September 10, 2020.
For further information please contact:
Jeff Pritchard
VP Corporate Development
info@e2gold.ca
+1 647 699 3340
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the control of E2Gold, including with respect to the receipt of all regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
SOURCE: E2Gold Inc
View the original press release on accesswire.com
FAQ
Who is the new CFO of E2Gold (ETUGF) and when does the appointment take effect?
What experience does Kyle Nazareth bring to his role as CFO of E2Gold (ETUGF)?
Who did Kyle Nazareth replace as CFO of E2Gold (ETUGF)?
What is Kyle Nazareth's background before joining E2Gold (ETUGF)?
