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Landore Resources ( (GB:LND) ) has issued an update.
Landore Resources announced the appointment of its CEO, Alexander Shaw, to the Board of Directors of Storm Exploration Inc., where Landore holds a 15.6% interest. This strategic move allows Landore to influence decisions at Storm, potentially enhancing value for shareholders of both companies. The appointment is expected to leverage Shaw’s geology expertise and industry experience to strengthen Storm’s board and align interests between the two companies.
More about Landore Resources
Landore Resources Limited is a mining company that owns the BAM Gold Project in Northwestern Ontario, Canada. The project boasts a resource estimate of 1.5 million ounces of gold, with Ontario being Canada’s largest gold-producing province. Landore’s strategic focus is on maximizing the value of the BAM project and its portfolio of precious and battery metals projects in Canada and the USA.
Average Trading Volume: 1,604,439
Technical Sentiment Signal: Hold
Current Market Cap: £15.75M
For a thorough assessment of LND stock, go to TipRanks’ Stock Analysis page.