White Rock, British Columbia (FSCwire) - Renaissance Gold Inc. (TSX.V: REN) (“RenGold” or the “Company) is pleased to announce that following its annual general and special shareholder meeting on November 14, 2017, its Board of Directors appointed Robert P. Felder as Chief Executive Officer of the Company in addition to his role as President. Ronald L. Parratt will remain as Executive Chairman.
Mr. Parratt stated “Since RenGold acquired Kinetic Gold on May 29, 2017, and Bob Felder was appointed President, he has clearly demonstrated the strengths and judgment we expected from him in his abilities involving technical issues, corporate and exploration management and interpersonal skills working not only with RenGold staff but importantly with industry partners. He has quickly gotten up to speed with RenGold’s business and he has demonstrated his readiness to assume the role of Chief Executive Officer of RenGold in addition to President.”
Mr. Felder stated “I am very pleased to take on the additional responsibilities of CEO of the Company, and appreciate the confidence the Board of Directors has placed in me by appointing me to this position. I am committed to doing everything possible to be an effective leader, continuing the successful execution of our business model, and working hard with our exceptional technical team to ultimately deliver success to shareholders through our next discovery”
In addition to electing management’s nominees as directors, the shareholders also voted in favour of the appointment of Davidson & Company LLP, Chartered Professional Accountants, as auditors of the Company for the ensuing year and authorized directors to fix their remuneration. Lastly, the shareholders voted in favour of adopting the Company’s 10% rolling stock option plan.
About Renaissance Gold Inc.
Renaissance Gold Inc. is a western US focused prospect generator utilizing a joint venture business model. RenGold applies the extensive exploration experience and high-end technical skills of its founders and team members to search for and acquire high quality precious metal exploration projects that are then offered for joint venture to industry partners who provide exploration funding. RenGold maintains a large portfolio of gold and silver exploration properties and has entered into over 60 exploration agreements including those as AuEx. On May 29, 2017, the Company acquired Kinetic Gold Corp. and its subsidiaries which hold various exploration properties located in Nevada. RenGold’s objective is to consistently place its projects into exploration agreements, testing as many drill targets as possible and providing maximum exposure to success through discovery.
