- St. James Gold (LORD) has appointed Jiang (Jay) Yu as its new Chairman and President
- Yu is a serial entrepreneur with over 16 years of capital markets experience on Wall Street
- He intends to make a C$200,000 strategic capital investment in the company through a private placement in the coming weeks
- St. James Gold is focused on discovering and developing economic mineral deposits
- St. James Gold (LORD) is up by 21.54 per cent trading at $0.79 per share
St. James Gold (LORD) has appointed Jiang (Jay) Yu as its new Chairman and President.
Yu is a serial entrepreneur with over 16 years of capital markets experience on Wall Street. He has advised both private and public company executives and provided corporate advisory services regarding equity financings, mergers and acquisitions, structured financings, initial public offerings and listings on North American stock exchanges.
He previously worked as an analyst as part of the Corporate & Investment Banking Division at Deutsche Bank in New York City.
Yu intends to make a C$200,000 strategic capital investment in the company through a private placement in the coming weeks. He views the investment as a long-term value opportunity that underscores his belief in senior management.
Yu replaces George Drazenovic, who has resigned as Director but will continue to serve as CEO.
“I am deeply grateful for the opportunity to take a leading role in an emerging growth resource and precious metals company,” stated Yu. “The momentum behind the growing spot gold price is a bullish sign for junior miners and exploration companies and I believe that the company’s current gold assets are well positioned for tremendous future growth.”
St. James Gold is focused on discovering and developing economic mineral deposits.
St. James Gold (LORD) is up by 21.54 per cent trading at $0.79 per share as of 10:07 am EST.
