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The latest update is out from Hemlo Explorers ( (TSE:HMLO) ).
Hemlo Explorers has announced a significant change in its management structure and a rebranding effort. Ken Lapierre has been appointed as the new President and CEO, while former CEO Brian Howlett takes over as Chairman of the Board. The company is set to change its name to Rocky Shore Gold Ltd. Lapierre, a seasoned geologist and financier, brings over 40 years of experience in the precious and base metals industry. This leadership change aims to advance the Gold Anchor project in Newfoundland, potentially impacting the company’s position in the gold exploration market.
More about Hemlo Explorers
Hemlo Explorers, soon to be known as Rocky Shore Gold Ltd., operates in the mining industry with a focus on exploring and developing gold deposits. The company is currently concentrating on its Gold Anchor project located in Newfoundland, an emerging gold district known for high-grade gold discoveries. The company is backed by significant stakeholders, including Northfield Capital.
YTD Price Performance: -15.15%
Average Trading Volume: 14,427
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.31M
For a thorough assessment of HMLO stock, go to TipRanks’ Stock Analysis page.
