Yukon-Nevada Gold Corp. Announces Resignation of Chairman of the Board of Directors
VANCOUVER, May 3, 2012 /PRNewswire/ – Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6) announces its Board of Directors has accepted the resignation of its
Chairman, John Greenslade due to other business commitments.
Robert Baldock, CEO and President stated, “The Board of Directors would
like to express its appreciation for Mr. Greenslade’s contributions to
the Company. The appointment of his successor will be announced at a
later date. We continue to support our management team which remains
focused on operations and cash flow growth at Jerritt Canyon, our gold
producing property in Nevada.”
Yukon-Nevada Gold Corp. is a North American gold producer in the
business of discovering, developing and operating gold deposits. The
Company holds a diverse portfolio of gold, silver, zinc and copper
properties in the Yukon Territory and British Columbia in Canada and in
Nevada in the United States. The Company’s focus has been on the
acquisition and development of late stage development and operating
properties with gold as the primary target. Continued growth will occur
by increasing or initiating production from the Company’s existing
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WARNING: The Company relies upon litigation protection for
This news release does not constitute an offer to sell or a solicitation
of an offer to buy any of the securities in the United States. The
securities have not been and will not be registered under the United
States Securities Act of 1933, as amended (the “U.S. Securities Act”)
or any state securities laws and may not be offered or sold within the
United States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption
from such registration is available.
SOURCE Yukon-Nevada Gold Corp.