Company Leadership - Fred Leigh has been appointed as the president and chief executive officer and a director of Sulliden Mining Capital Inc., effective immediately [1] - Mr. Leigh brings nearly 40 years of experience with early-stage companies and has been involved in founding and investing in several public companies [2] - The appointment follows the resignation of Scott Moore, with the board expressing gratitude for his contributions [3] Financing Activities - Sulliden intends to complete non-brokered private placement financings for gross proceeds of up to $500,000 and $1,000,000, respectively [4] - The company plans to issue up to 10,000,000 units and up to 20,000,000 common shares at a price of $0.05 per Unit and $0.05 per common share [4] - Each Unit will consist of one common share and one warrant, with warrants allowing the purchase of additional shares at $0.10 for 24 months [4] Upcoming Events - The annual general and special meeting is scheduled for June 30, 2025, providing shareholders an opportunity to discuss the company's performance and future direction [6] - The meeting was delayed from its original requirement of January 31, 2025, to allow for a review of strategic options [7] - Fred Leigh emphasized the importance of this process in positioning the company for long-term value creation [8] Company Overview - Sulliden Mining Capital Inc. focuses on acquiring and advancing brownfield, development-stage, and early production-stage mining projects in the Americas, Australia, and Africa [9]
Sulliden Announces Management and Board Changes, Private Placement Financings, and Annual General and Special Meeting