i-80 Gold Announces Executive Change
i-80 Gold Corp (NYSE: IAUX) announced that Matthew Gili will step down from his position as President & Chief Operating Officer. Gili, who has served since the company's inception in 2021, will remain in his role until a successor is appointed and through a transition period.
Under Gili's leadership, the company achieved significant milestones including:
- Advancement of exploration initiatives
- Resource expansion
- Progress in technical studies and permitting
- Bringing the Granite Creek Underground project into early-stage production
CEO Richard Young will assume the President role following Gili's departure. The company has initiated a search for a new COO to lead its next growth phase while maintaining focus on development timelines.
i-80 Gold Corp (NYSE: IAUX) ha annunciato che Matthew Gili si dimetterà dalla sua posizione di Presidente e Chief Operating Officer. Gili, che ha ricoperto questo ruolo sin dalla fondazione dell'azienda nel 2021, rimarrà in carica fino alla nomina di un successore e durante un periodo di transizione.
Sotto la guida di Gili, l'azienda ha raggiunto traguardi significativi, tra cui:
- Avanzamento delle iniziative di esplorazione
- Espansione delle risorse
- Progresso negli studi tecnici e nei permessi
- Avvio della produzione iniziale del progetto Granite Creek Underground
Il CEO Richard Young assumerà il ruolo di Presidente dopo le dimissioni di Gili. L'azienda ha avviato la ricerca di un nuovo COO per guidare la prossima fase di crescita, mantenendo l'attenzione sui tempi di sviluppo.
i-80 Gold Corp (NYSE: IAUX) anunció que Matthew Gili dejará su cargo como Presidente y Director de Operaciones. Gili, quien ha estado en el puesto desde la fundación de la empresa en 2021, permanecerá en su rol hasta que se designe un sucesor y durante un período de transición.
Bajo el liderazgo de Gili, la empresa logró hitos significativos, incluyendo:
- Avance de iniciativas de exploración
- Expansión de recursos
- Progreso en estudios técnicos y permisos
- Inicio de la producción temprana del proyecto Granite Creek Underground
El CEO Richard Young asumirá el rol de Presidente tras la salida de Gili. La empresa ha iniciado la búsqueda de un nuevo COO para liderar su próxima fase de crecimiento, manteniendo el enfoque en los plazos de desarrollo.
i-80 Gold Corp (NYSE: IAUX)는 Matthew Gili가 사장 겸 최고 운영 책임자(CEO) 직책에서 물러날 것이라고 발표했습니다. Gili는 2021년 회사 설립 이후 이 자리를 맡아 왔으며, 후임자가 임명될 때까지 그리고 전환 기간 동안 역할을 유지할 것입니다.
Gili의 리더십 아래, 회사는 다음과 같은 중요한 이정표를 달성했습니다:
- 탐사 이니셔티브의 발전
- 자원 확장
- 기술 연구 및 허가 진행
- Granite Creek Underground 프로젝트의 초기 생산 시작
CEO Richard Young은 Gili의 퇴임 후 사장 역할을 맡게 됩니다. 회사는 다음 성장 단계를 이끌 새로운 COO를 찾기 위한 검색을 시작했으며, 개발 일정에 대한 집중을 유지하고 있습니다.
i-80 Gold Corp (NYSE: IAUX) a annoncé que Matthew Gili quittera son poste de Président et Directeur des Opérations. Gili, qui occupe ce poste depuis la création de l'entreprise en 2021, restera en fonction jusqu'à la nomination d'un successeur et pendant une période de transition.
Sous la direction de Gili, l'entreprise a atteint des jalons significatifs, notamment :
- Avancement des initiatives d'exploration
- Expansion des ressources
- Progrès dans les études techniques et les autorisations
- Mise en production précoce du projet Granite Creek Underground
Le PDG Richard Young assumera le rôle de Président après le départ de Gili. L'entreprise a lancé une recherche pour un nouveau COO afin de diriger sa prochaine phase de croissance tout en maintenant l'accent sur les délais de développement.
i-80 Gold Corp (NYSE: IAUX) gab bekannt, dass Matthew Gili von seiner Position als Präsident und Chief Operating Officer zurücktreten wird. Gili, der seit der Gründung des Unternehmens im Jahr 2021 im Amt ist, wird bis zur Ernennung eines Nachfolgers und während einer Übergangsphase in seiner Rolle bleiben.
Unter Gili's Führung erzielte das Unternehmen bedeutende Meilensteine, darunter:
- Fortschritte bei Erkundungsinitiativen
- Ressourcenerweiterung
- Fortschritte bei technischen Studien und Genehmigungen
- Beginn der frühen Produktion des Granite Creek Underground Projekts
CEO Richard Young wird nach Gili's Abgang die Rolle des Präsidenten übernehmen. Das Unternehmen hat die Suche nach einem neuen COO eingeleitet, um die nächste Wachstumsphase zu leiten und gleichzeitig den Fokus auf die Entwicklungszeitpläne zu behalten.
- Early-stage production achieved at Granite Creek Underground project
- Operational continuity maintained with CEO taking President role
- Structured leadership transition with Gili staying until successor found
- Loss of key executive who led company since inception
- Potential operational disruption during leadership transition
Matthew Gili has served as the Company's President & COO since its inception in 2021, playing an integral role in advancing i-80 Gold's portfolio of development projects. Under his leadership, the Company has made significant progress in exploration, resource expansion, technical studies, permitting, and bringing the Granite Creek Underground project into early-stage production.
"We are grateful to Matt for his committed leadership and the significant contributions he has made during his tenure with the Company," said Richard Young, Chief Executive Officer. "He has played a key role in advancing the Company's new development plan to build a mid-tier gold producer in
Mr. Young added, "A search for a new COO has begun to lead us through the next phase of growth, building on the strong foundation that has been laid to-date. We look forward to updating the market when the search has concluded. In the meanwhile, our operations management team is focused on maintaining momentum and achieving our development timelines."
About i-80 Gold Corp.
i-80 Gold Corp. is a
Forward-Looking Information
Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including but not limited to the Company's ability to achieve its development timelines, and the transition in leadership not interrupting the Company's ability to deliver on its strategic objectives. Furthermore, forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release or as of the dates specified in such statements, and are expressly qualified in their entirety by this cautionary statement. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise except as required by applicable law.
Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to: material adverse changes, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labor unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, please see "Risks Factors" in the Annual Report on Form 10-K for the fiscal year ended December 31, 2024 for more information regarding risks pertaining to the Company, which is available on EDGAR at www.sec.gov/edgar and SEDAR+ at www.sedarplus.ca. Readers are encouraged to carefully review these risk factors as well as the Company's other filings with the
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SOURCE i-80 Gold Corp
FAQ
When is Matthew Gili leaving his position as President & COO of i-80 Gold (IAUX)?
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