Gold79 Mines Ltd.: Gold79 Announces Derek Macpherson as President and CEO and Provides Corporate Update
Ottawa, Ontario (Newsfile Corp. - May 3, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ( Gold79 or the Company ) is pleased to announce that Mr. Derek Macpherson has joined the Company as a full time President and Chief Executive Officer, effective May 1, 2021. With Mr. Macpherson s appointment, Mr. Gary Thompson will assume the role of Executive Chairman, stepping down as CEO.
Mr. Gary Thompson, Executive Chairman stated, I am pleased to welcome Derek to this lead role on the Gold79 management team and was pleased to see his meaningful participation in our most recent private placement which places him as a significant shareholder of the Company at 3.1% of the basic shares outstanding and 6.2% on a partially-diluted basis. I look forward to working with Derek as we continue to advance Gold79 s exciting gold projects.
Friday s analyst upgrades and downgrades - The Globe and Mail
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Thursday s analyst upgrades and downgrades - The Globe and Mail
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Gold Prices Hold Stable as Investors Appraise Policy Decisions
FinancialBuzz.com News Commentary
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NEW YORK, April 28, 2021 /PRNewswire/ Among the many variables impacting the price of gold are interest rates. In order to reduce the pandemic s impact on the economy, various economic measures have had to be implemented, including near-zero interest rates and economic stimuli for business and individuals. And now, the Federal Reserve s policy-setting arm isn t expected to be changing interest rates or formally updating its economic forecasts when it concludes its two-day meeting Wednesday. Nonetheless, the U.S economy is witnessing a period of inflation. According to a report by Kitco, Jon Deane, the CEO of Trovio, explained that we are already seeing inflation. If you look around the world, you see real estate prices, building supplies, and services skyrocket, he said. What we created since the early 1990s is an entire financial infrastru