The mining newspaper for Alaska and Canada's North
Golden Predator Mining Corp. Aug. 21 reported the resignation all of its officers and five of its directors.
The resignations follow a notice that Till Capital Ltd. intends to nominate and vote for a slate of existing Till Capital directors to the Golden Predator board at the company's annual general meeting.
Till Capital, a Bermuda-domiciled insurance company, holds 58.9 percent of Golden Predator' issued and outstanding shares under its subsidiary, Resource Re Ltd. The outgoing board and management team - William Sheriff, Dennis Fentie, Piers McDonald, Jesse Duke, Greg Hayes and Janet Lee-Sheriff - have more than 100 combined years of mineral exploration and Yukon experience.
"We look forward to finding new ways for all of us to continue to work to be advocates for positive development in the Yukon and for alternate ways to build local shareholder and community wealth within the resource sector," said former Chairman Sheriff.
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