Jim Doak (59), was a prominent figure in the Toronto financial industry. (Image: Screenshot from BNN video)
Canada’s Khan Resources (TSE:KRI) chairman Jim Doak, a prominent figure in the Toronto financial industry, was found dead in a hotel room, The Globe and Mail reported.
Doak (59), who appeared as an analyst on business channel BNN, was in Mongolia in his role as chairman of the Toronto-based uranium exploration and development company, which has been active in the Asian country since 1995.
According to a company statement, he had just finished a second series of meetings with representatives of the government of Mongolia.
“He was a very special and uniquely talented individual whose insights and decision-making abilities were off the scale,” said Khan’s president and CEO Grant Edey.
Based on the firm’s website, Khan was involved in the development of the Dornod uranium project in Mongolia and became embroiled in a dispute with the Mongolian government over the mining rights.
Last month, an international arbitration tribunal ordered Mongolia to fork over $100 million for expropriating the project.
7 Comments
LAMB
My condolences to the family of Jim .
Kenneth Viney
They are sending the Canadians a strong signal. Time for more Canucklehead bed wetting.
fred
I can imagine how he died, dont drink anything in that country, kick them to the curb
Pope_Pius_IX
Killed, obviously
SnakePlissken
The Golden Horde … ever hear of it.
Oh that’s right, everything is all better now.
It says so on the Internet.
Mitch Downe
Our strong and determined foreign affairs ministry will obviously be riding this one hard… and linking it to the foreign aid we lavish on the Mongolians… of course…
Ichbin EsNicht
Mongolia will soon be back in the stone age. Corruption, Graft and grave violations of human rights will not be ignored internationally.