VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2013) - Mr. Michael R. Sonnenreich has announced his resignation as CEO and Chairman of Williams Creek Gold Limited (TSX VENTURE:WCX) effective May 24, 2013, for personal reasons. The Board of Directors has appointed Director Mr. James Wyant as Chairman and interim Chief Executive Officer to replace Mr. Sonnenreich.
"On behalf of our Board, I would like to thank Mr. Sonnenreich for his commitment and service to the Company. He has been integral in the development of the Company since 2010, and was vital in maneuvering it through these difficult markets. Under his leadership, the Company made several promising exploration property acquisitions, leaving the company well-positioned for future growth. Mr. Sonnenreich has made invaluable contributions to the Williams Creek Board and we wish him continued success in his future endeavours," said Mr. Wyant.
"Williams Creek remains committed to expanding its property portfolio with quality assets in North America in addition to leveraging positive exploration results from our existing properties. The Company will continue to execute on this strategy moving forward, supported by an experienced Board and management team. I look forward to the opportunity to lead Williams Creek in advancing its properties and believe the Company is poised to capitalize on its growth initiatives," added Mr. Wyant.
James Wyant has served on the Board of Williams Creek Gold since 2010. He was President of Wyant &Company, a public corporation listed on the NASDAQ, and presided over its successful sale to Cascades Inc. in 2000. Mr. Wyant also served as the Chairman for Vermont Public Television and was awarded the PBS Leadership Award in 2003.
With this change and other company people moving on what is the future for Williams Creek and their JV with Tyhee at Big Sky?
I think they will put their plans for exploration on hold!
Xploits
