Mexico’s proposed higher mining royalties could block nearly $7bn in investments
The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.
TORONTO, ONTARIO–(Marketwire – Dec. 3, 2012) – Solid Gold Resources Corp. (“Solid Gold”) (TSX VENTURE:SLD) announced today that Darryl Stretch, a director of Solid Gold, has been replaced as Chief Executive Officer by the board of directors of Solid Gold.
On an interim basis, Alan Myers, a director and the Chief Financial Officer of Solid Gold, has accepted the board’s request that he serve as interim CEO of Solid Gold while the board works towards finding a permanent solution.
Business of Solid Gold Resources Corp.
Solid Gold is a junior mining exploration and development company, which controls a +/-200-square-kilometer prospect hosting potential for discovery of economic mineralization at Lake Abitibi near the Porcupine Fault zone in Northern Ontario.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
