2023-05-25 06:31:32 ET
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Solstice Gold ( OTCPK:SGCPF ) notifies that Pablo McDonald has been appointed Chief Executive Officer and director of the Company, effective May 24, 2023.
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Upon Mr. McDonald’s appointment , David Adamson will step down from his role as interim CEO but will remain in his position as Chairman of the board.
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Mr. McDonald, prior to joining Solstice has spent nearly a decade in consulting with mid-tier and major mining companies where he designed and executed projects critical to extending mine life, most notably for Newmont and B2Gold.
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In connection with Mr. McDonald’s appointment, the Company issued to him 900,000 stock options exercise for common shares of the Company at an exercise price of $0.05 with a term of five years with one third vesting immediately, one third after one year and one third after two years. The stock options are governed by the Company’s stock option plan.
For further details see:
Solstice appoints Pablo McDonald as CEO and Director