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Yukon Metals Announces CEO Transition
Globenewswire· 2025-12-17 20:01
Core Viewpoint - Yukon Metals Corp. has appointed Jim Coates as Interim Chief Executive Officer following the resignation of Rory Quinn, with the Board initiating a search for a permanent successor [1][2]. Group 1: Leadership Transition - Jim Coates, previously Executive Vice President and a Director, will take over as Interim CEO immediately [1]. - Rory Quinn has resigned from his roles as President, CEO, and Director, and the Board expresses gratitude for his contributions [2]. - The Board aims to transition leadership to capitalize on the opportunities presented by Yukon Metals' land assets and workforce [2]. Group 2: Company Overview - Yukon Metals is an exploration company with a portfolio of 17 projects covering over 43,000 hectares, focusing on copper, gold, silver, and critical metals [3]. - The company is advancing high-priority drill targets at the Birch and AZ copper-gold systems and the Star River gold-silver project while also conducting generative exploration [3]. - The leadership team possesses extensive technical, financial, and regional expertise, positioning the company to unlock new mineral discoveries in Yukon [3]. Group 3: Community and Shareholder Engagement - Yukon Metals is committed to sustainable growth and prosperity within local communities while enhancing shareholder value [4]. - The company's strategy emphasizes inclusiveness and shared prosperity, allowing local community members and investors to benefit from its success [4].
REAlloys Appoints Canada's former Ambassador to the United States David MacNaughton to Corporate Board of Directors
Prism Media Wire· 2025-07-29 12:33
Company Overview - REalloys Inc. has appointed David MacNaughton, former Canadian Ambassador to the US, to its Corporate Board of Directors, enhancing its leadership team as it builds a vertically integrated rare earth supply chain [1][4] - The company operates a facility in Euclid, Ohio, focusing on downstream magnet material and critical metals, and owns the Hoidas Lake Rare Earth Elements Project in Saskatchewan, Canada, which has a significant Mineral Resource Estimate of 2,153,000 tons of Total Rare Earth Oxides (TREO) [7] Leadership Background - David MacNaughton served as Canada's ambassador from 2016 to 2019 and played a key role in the negotiations for the USMCA, which replaced NAFTA and aimed to create balanced trade opportunities for North American workers and businesses [2][3] - His previous experience includes leadership roles at StrategyCorp, Hill and Knowlton, and Strathshore Financial, where he focused on mergers and acquisitions and public-private partnerships [3] Strategic Initiatives - REalloys is advancing its rare earth supply chain with a fully owned upstream asset at Hoidas Lake and a memorandum of understanding with The Saskatchewan Research Council for midstream services [4] - The company aims to reduce North America's reliance on China for critical minerals, aligning with the current Canadian and US administrations' goals [4][5] Market Position - REalloys is expanding its production capacity in Ohio and is positioned to meet the demand for high-performance magnet materials and critical metals in U.S. Protected Markets [7] - The Hoidas Lake deposit includes both Heavy Rare Earth Elements (HREEs) and Light Rare Earth Elements (LREEs), indicating a diverse resource base that can cater to various market needs [7]
REAlloys Appoints Canada’s former Ambassador to the United States David MacNaughton to Corporate Board of Directors
Globenewswire· 2025-07-29 12:30
Core Insights - Blackboxstocks Inc. announces the appointment of David MacNaughton to the Corporate Board of Directors of its merger target, REalloys Inc., a vertically integrated critical mineral company [1] Group 1: Appointment and Background - David MacNaughton served as Canada's ambassador to the United States from 2016 to 2019, playing a key role in the negotiations for the USMCA, which replaced NAFTA and aimed to create balanced trade opportunities for North American workers and businesses [2] - MacNaughton has extensive experience in public-private partnerships and has held leadership positions in various organizations, including Palantir Technologies and TC Energy Corporation [3] Group 2: REalloys' Strategic Initiatives - REalloys is focused on building a vertically integrated rare earth supply chain, with significant assets including the Hoidas Lake project in Saskatchewan, which has a Mineral Resource Estimate of 2,153,000 tons of Total Rare Earth Oxides (TREO) [6] - The company is expanding its production capacity at its facility in Euclid, Ohio, and is working on de-risking and advancing its HLREE Project to meet the demand for high-performance magnet materials in U.S. Protected Markets [6] Group 3: MacNaughton's Contribution - MacNaughton will leverage his expertise in public-private partnerships and North American statecraft to help REalloys achieve its goals, particularly in reducing reliance on China for critical minerals [4] - He expressed enthusiasm for joining the first Canada-US critical mineral consortium, emphasizing the importance of strategic collaboration for national security and economic benefits [5]