Moneta Gold Inc (ME.T) (OTCQX:MEAUF) Stock On Watchlist After Leadership Changes

June 23, 2023June 23, 2023 Ian Leigh

There are a number of gold mining companies that could be worth looking into at this point in time and one of those is Moneta Gold Inc (ME.T) (OTCQX:MEAUF). It is a gold exploration company based out of Canada and is involved in advancing the Tower Gold project, which it owns in its entirety.

Moneta Gold Announces Leadership Changes

In September 2022, there had been a PEA study that revealed a combined underground and open pit mining and a 7 million ton per annum conventional leach operation across a mine life of 24 years. The property has an estimated gold mineral resource of 4.5 Moz indicated and inferred 8.3 Moz.

The company was in the news back on June 21 when it announced that it had made a change in its executive leadership. The company revealed that effective July 1, 2023, Gary O’Connor would step down from his position as the Chief Executive Officer of Moneta Gold.

It was further noted that the company would begin the search for a new CEO but in the meantime, Josef Vejvoda would serve in the role on an interim basis. Vejvoda had served as the chairman of the company’s board of directors in the past.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.