HighGold Mining Inc (TSX-V:HIGH, OTCQX:HGMIF) told investors that it has commenced trading again on the OTCQX market under the new ticker ‘HGMIF’ after it was temporarily suspended from the platform in June 2023 pending US regulatory approval for its shares trading under new CUSIP number 42984X109, which has now been received.
The company explained that the new CUSIP number resulted from the completion of the plan of arrangement and spin-out of Onyx Gold Corp. The transaction included the cancellation of all old HighGold shares for the issuance of one new HighGold share and 0.25 of an Onyx Gold share on June 6, 2023.
New head of communications
HighGold also announced Nicole Hoeller has joined as vice president (VP) of Corporate Communications, adding that Hoeller brings a wealth of experience in the mineral exploration and developer industry, having served in an executive role with public companies for more than two decades.
As well as her communications background, it noted that Hoeller has significant experience in capital markets, corporate finance, and M&A.
"We are very pleased to welcome Nicole to the company," commented CEO Darwin Green.
"Her extensive experience in investor relations along with an exceptional network of industry contacts will be a tremendous asset to the company and we are excited for her to join the team.”
Hoeller was previously VP of Communications and corporate secretary for Sabina Gold & Silver Corp, which was recently acquired by B2Gold Corp for US$824 million. Prior to that, she served in a similar role at Miramar Mining Corp.
Through her involvement with both Sabina and Miramar, HighGold said Hoeller has travelled extensively in the Canadian north, liaising and consulting with communities, indigenous organizations and all levels of government about the benefits and impacts of mining.
Hoeller also serves as VP of Corporate Communications for Onyx Gold, which HighGold said enabled synergies for both companies.
"I am very excited to join the HighGold team as we advance our stellar Johnson Tract asset in Alaska," said Hoeller.
"It is thrilling to be joining the company at this relatively early stage to support our outstanding leadership and technical team as we move this project forward. This is a great opportunity to be part of a coveted trifecta in our industry: a great asset, in a great jurisdiction in the right hands.”
HighGold is a mineral exploration company focused on advancing the high-grade Johnson Tract Gold-Zinc-Copper Project located in accessible Southcentral Alaska. The company also holds 5 million shares of Onyx Gold Corp. following the spin-out of Yukon and Ontario exploration assets formerly held by HighGold.
Contact the author at stephen.gunnion@proactiveinvestors.com