- C2C Gold (CTOC) appoints Peter Bures as Chief Executive Officer, effective July 1, 2022
- Bures brings over 25 years of Canadian and US capital markets experience focusing on the precious metals, mining, and royalty sectors
- C2C Gold is a mineral exploration company focusing on the acquisition and exploration of mineral properties in Canada
- C2C Gold Corp. (CTOC) remains unchanged, trading at C$0.135 per share at 1:41 pm ET
C2C Gold (CTOC) has appointed Peter Bures as Chief Executive Officer, effective July 1, 2022.
Bures brings over 25 years of Canadian and US capital markets experience focusing on the precious metals, mining, and royalty sectors.
Janet Lee Sheriff, Interim CEO and former Executive Chair, at C2C Gold commented on the announcement.
“We are delighted to welcome Peter as the new CEO of C2C Gold. We have benefited from Peter’s insight and rich experience in his role as one of C2C’s Board of Directors. Peter will play a pivotal role in the Company’s transition from an exploration company to a company of greater flexibility, financial strength, and sustainability.”
Bures started his career at a top-tier global gold producer in Timmins. He then spent ten years in sell-side research with various Toronto and New York firms. In 2007, he transitioned from an associate portfolio manager to the buy-side, working alongside a top-ranked precious metals portfolio manager. His previous experience includes working in institutional equity sales in New York and covering royalty and streaming companies as an analyst at Canaccord.
In 2013, Bures founded his consulting firm, which helped bring several companies public. He continues advising the mining sector, is on several advisory boards and holds several directorships. Bures holds a Bachelor of Applied Science degree (geological and mineral engineering) from the University of Toronto.
Peter Bures, incoming Chief Executive Officer, also provided his comments.
“It is an honor to serve as the CEO for C2C Gold. I am excited to be working even more closely with the team. I look forward to adding to the excellent ensemble my specialty in the mining and royalty sectors and contributing toward driving the long-term value for the Company and shareholders. I also want to express my gratitude to Janet for her guidance and stewardship of the Company from the Board and as the Interim CEO.”
The company will be issuing 100,000 stock options to Peter Bures effective July 1, 2022, with 25 per cent vesting immediately and 25 per cent vesting every six months after that. The stock options will be exercisable for $0.16 per common share for five years.
C2C Gold is a mineral exploration company focusing on the acquisition and exploration of mineral properties in Canada.
C2C Gold Corp. (CTOC) remains unchanged, trading at C$0.135 per share at 1:41 pm ET.