C2C Gold Corp (OTCMKTS:CTCGF) has announced the resignation of Lori Walton from her position as Chief Executive Officer, for personal reasons, with immediate effect. Janet Sheriff, C2C’s Executive Chair, has been appointed Interim Chief Executive Officer noting the Board of Directors has established an Executive Search Committee to select a new Chief Executive Officer.
Market Reaction
On Thursday, CTCGF stock ended flat at $0.1950 with more than 14K shares, compared to its average volume of 19K shares. The stock moved within a range of $0.1950 – 0.1950 after opening trade at $0.1990.
C2C Gold Announces Janet Sheriff Appointed Interim Chief Executive Officer
Lori Walton continues to serve as Director of the company and a consultant, to provide essential continuity as the company advances its gold exploration projects in Newfoundland, Canada. She is thrilled to work with her colleagues, supply and service providers, and government officials to complete their first exploration season in Newfoundland. They are working round the clock to integrate and further develop on the 2021 field season results. The plan is to kick off the 2022 field season imminently.
Janet Sheriff brings more than two decades of senior management industry experience to her role as Executive Chair, and Interim Chief Executive Officer, of C2C Gold Corp. She is the founder of Newfoundland.Gold, a strategic marketing alliance promoting the progressive jurisdiction of Newfoundland & Labrador and the region’s leaders in exploration & mining. She also serves as Co-Founder and President of Group 11 Technologies, a private company focused on the development of non-invasive and environmentally-friendly precious metals extraction.
Key Quote
“I look forward to continuing to work with C2C Gold Corp. as both a Director and consultant,” stated Lori Walton. “It was a pleasure to work with my colleagues, supply and service providers, and government officials to complete our first exploration season in Newfoundland. We are currently working to integrate and build on our 2021 field season results and plan to kick off the 2022 field season imminently.”
