Mandalay Resources Announces Resignation of Board Member
Mandalay Resources (TSX: MND, OTCQB: MNDJF) has announced the resignation of Braam Jonker from its Board of Directors, effective August 30, 2024. Amy Freedman will take over as Lead Independent Director, and the company will begin searching for a new Independent Director. Mandalay, a Canadian-based natural resource company, operates gold mines in Australia (Costerfield) and Sweden (Björkdal). The company focuses on increasing production, reducing costs, and generating positive cash flow while maintaining safe and environmentally responsible operations. Mandalay's main objectives include mining high-grade veins at Costerfield, extending Mineral Reserves, and increasing production from higher-grade areas at Björkdal to maximize profit margins.
Mandalay Resources (TSX: MND, OTCQB: MNDJF) ha annunciato le dimissioni di Braam Jonker dal suo Consiglio di Amministrazione, con effetto dal 30 agosto 2024. Amy Freedman assumerà il ruolo di Direttore Indipendente Principale, e l'azienda inizierà la ricerca di un nuovo Direttore Indipendente. Mandalay, un'azienda canadese attiva nel settore delle risorse naturali, opera miniere d'oro in Australia (Costerfield) e Svezia (Björkdal). L'azienda si concentra sull'aumento della produzione, riduzione dei costi, e generazione di flussi di cassa positivi, mantenendo operazioni sicure e responsabili dal punto di vista ambientale. Gli obiettivi principali di Mandalay includono l'estrazione di vene ad alto grado a Costerfield, l'estensione delle Risorse Minerarie e l'aumento della produzione da aree ad alto grado a Björkdal per massimizzare i margini di profitto.
Mandalay Resources (TSX: MND, OTCQB: MNDJF) ha anunciado la renuncia de Braam Jonker a su Junta Directiva, efectiva el 30 de agosto de 2024. Amy Freedman asumirá el cargo de Directora Independiente Principal, y la empresa comenzará a buscar un nuevo Director Independiente. Mandalay, una compañía canadiense de recursos naturales, opera minas de oro en Australia (Costerfield) y Suecia (Björkdal). La empresa se centra en aumentar la producción, reducir costos, y generar flujo de caja positivo mientras mantiene operaciones seguras y ambientalmente responsables. Los principales objetivos de Mandalay incluyen la extracción de vetas de alta ley en Costerfield, la extensión de las Reservas Minerales y el aumento de la producción en áreas de mayor grado en Björkdal para maximizar los márgenes de beneficio.
만달레이 리소스 (TSX: MND, OTCQB: MNDJF)는 브램 존커(Braam Jonker)가 이사회를 사임한다고 발표했습니다. 이는 2024년 8월 30일부로 효력이 발생합니다. 에이미 프리드먼(Amy Freedman)이 주요 독립 이사로 취임하고, 회사는 새로운 독립 이사를 찾기 시작할 것입니다. 캐나다에 본사를 둔 만달레이는 호주(코스터필드)와 스웨덴(비외르크달)에서 금광을 운영하는 자원 회사입니다. 회사는 생산 증가, 비용 절감, 긍정적인 현금 흐름 생성에 중점을 두고 안전하고 환경 책임 있는 운영을 유지하는 데 주력하고 있습니다. 만달레이의 주요 목표는 코스터필드에서 고품질 광맥을 채굴하고, 광물 매장량을 확장하며, 비외르크달에서 고품질 지역의 생산량을 늘려 이익률을 극대화하는 것입니다.
Mandalay Resources (TSX: MND, OTCQB: MNDJF) a annoncé la démission de Braam Jonker de son Conseil d'Administration, effective le 30 août 2024. Amy Freedman assumera le rôle de Directrice Indépendante Principale, et l'entreprise commencera à rechercher un nouveau Directeur Indépendant. Mandalay, une société canadienne de ressources naturelles, exploite des mines d'or en Australie (Costerfield) et en Suède (Björkdal). L'entreprise se concentre sur l'augmentation de la production, la réduction des coûts, et la génération d'un flux de trésorerie positif tout en maintenant des opérations sûres et respectueuses de l'environnement. Les principaux objectifs de Mandalay comprennent l'extraction de veines de haute qualité à Costerfield, l'extension des réserves minérales, et l'augmentation de la production dans des zones de meilleure qualité à Björkdal pour maximiser les marges bénéficiaires.
Mandalay Resources (TSX: MND, OTCQB: MNDJF) hat den Rücktritt von Braam Jonker aus dem Vorstand bekannt gegeben, der am 30. August 2024 in Kraft tritt. Amy Freedman wird die Position der Leitenden Unabhängigen Direktorin übernehmen, und das Unternehmen wird mit der Suche nach einem neuen Unabhängigen Direktor beginnen. Mandalay, ein in Kanada ansässiges Unternehmen für natürliche Ressourcen, betreibt Goldminen in Australien (Costerfield) und Schweden (Björkdal). Das Unternehmen konzentriert sich darauf, die Produktion zu erhöhen, Kosten zu senken und einen positiven Cashflow zu generieren, während es sichere und umweltverantwortliche Betriebe aufrechterhält. Zu den Hauptzielen von Mandalay gehört die Gewinnung hochwertiger Lagerstätten in Costerfield, die Erweiterung der Mineralreserven und die Erhöhung der Produktion aus höhergradigen Bereichen in Björkdal, um die Gewinnmargen zu maximieren.
- Amy Freedman appointed as Lead Independent Director, ensuring continuity in board leadership
- Company maintains focus on increasing production and reducing costs to generate positive cash flow
- Ongoing mining of high-grade Youle and Shepherd veins at Costerfield mine
- Plans to increase production from higher-grade areas at Björkdal mine
- Resignation of experienced board member Braam Jonker
- Potential temporary gap in board composition until a new Independent Director is appointed
Bradford Mills, Executive Chair, commented:
"On behalf of Mandalay's Board, I want to express our appreciation to Braam for his years of dedicated service and significant contributions to the Company and we wish him continued success in the future."
About Mandalay Resources Corporation
Mandalay Resources is a Canadian-based natural resource company with producing assets in
Mandalay's mission is to create shareholder value through the profitable operation and regional exploration programs, at both its Costerfield and Björkdal mines. Currently, the Company's main objectives are to continue mining the high-grade Youle and Shepherd veins at Costerfield, and to extend Mineral Reserves. At Björkdal, the Company will aim to increase production from the Eastern Extension area and other higher-grade areas in the coming years, in order to maximize profit margins from the mine.
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SOURCE Mandalay Resources Corporation
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