Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Stratabound Minerals ( (TSE:LOD) ) has issued an announcement.
Lode Gold Resources Inc has appointed David Swetlow as its new Chief Financial Officer, a strategic move aimed at enhancing its management team. Swetlow, who has extensive experience in finance and corporate governance, will play a crucial role in the company’s ongoing efforts to spin off its subsidiary, Gold Orogen, as a public company. This spin-off, nearing completion via a reverse take-over, is expected to unlock shareholder value by creating two standalone public companies with clear growth trajectories. The appointment and the spin-off are significant steps in Lode Gold’s strategy to strengthen its market position and capitalize on its diverse and promising mining assets.
More about Stratabound Minerals
Lode Gold Resources Inc is a mining company with key assets in Canada and the United States. Its notable projects include the Fremont Gold Project in California, which is a brownfield project with significant historical drilling and sampling, and Gold Orogen, an early-stage exploration entity with assets in the Yukon and New Brunswick, Canada. The company focuses on unlocking shareholder value through strategic exploration and development of its gold-rich properties.
Average Trading Volume: 66,220
Technical Sentiment Signal: Hold
Current Market Cap: C$10.36M
See more insights into LOD stock on TipRanks’ Stock Analysis page.