MegumaGold Corp (CSE:NSAU) (OTCMKTS:NSAUF) (FRA:2CM2) told investors that experienced geologist Fred Tejada will become interim CEO of the company following the resignation of Regan Isenor after three years in the role.
Isenor, who has decided to pursue other opportunities, will continue to work with explorer MegumaGold on operational matters, assisting in field programs and ensuring a smooth management transition.
"On behalf of the board, I'd like to thank Regan for his service over the past three years and wish him well," said the company's president Theo van der Linde.
"As a group, we are looking forward to continuing a strong working relationship and driving value in the company through pending exploration programs. Over the past two years, the company has executed two significant transactions in the plan of arrangement with Osprey Gold Development Ltd. and asset acquisition of Canadian GoldCamps Corp.
"Through these transactions, the company merged significant ounces in the ground with a world-class land package in Atlantic Canada, we're all looking forward to unlocking the value that's been assembled in this company."
Tejada has over 35 years' international mining experience and has worked with majors and juniors at various stages of exploration from project generation to mine site exploration and has experience of underground and open pit geology.
He is currently CEO and a director of Kalo Gold Holdings Corp (CVE:KALO) (OTCMKTS:KLGDF) and was country manager for Phelps Dodge Exploration Corp in the Philippines.
Also in the statement, MegumaGold said Cooper Quinn had resigned as a director. The company thanked both Isenor and Quinn for their "contributions to the company's success".
Contact the author at firstname.lastname@example.org