Ready Set Gold Corp. (CSE:RDY) has announced that its board of directors has established a Strategic Advisory Committee.
In addition, the company said Mark Smethurst, a director, has stepped down and has been named strategic advisor.
Ready Set Gold also entered into a consulting agreement with Bill Yeomans to act as its Qualified Person and provide consulting advice on projects.
The company noted that its creation of the Strategic Advisory Committee and appointments come as it will be divesting its remaining interest in the Emmons Peak project.
READ: Ready Set Gold appoints Alexander McAulay as its new interim CEO
"After the untimely passing of our VP of Exploration in the fall and my subsequent appointment in January, we've moved to rebuild our team of geologists,” said Ready Set Gold CEO Alex McAulay in a statement.
“The first appointment of our new QP, Mr. Yeomans is a very positive step for us, and we are working to secure more appointments to round out the team. After I've had the opportunity to assess the status of the claims that were commonly referred to by the Company as Emmons Peak, it was prudent that we drop the remaining claims. I'm looking forward to communicating a renewed vision for our Northshore and Hemlo Eastern Flanks projects in the coming weeks and months."
McAulay added: "I would also really like to thank Mark Smethurst for his time served as a director as he assisted in navigating challenges after our VP passed. I'm looking forward to engaging with Mark in his capacity as a strategic advisor."
The company said it has granted 250,000 stock options to Yeomans at $0.155 per share. The options will be exercisable for a period of five years and will vest monthly for a period of one year.
The company said that Yeomans is currently on the board for Inomin Mines Inc. and a past board member for Damara Gold Corp. As president of Yeomans Geological Inc., he has consulted with IAMGOLD, identifying acquisition opportunities across Canada and Alaska. Other clients include Dundee Precious Metals Inc (TSX:DPM). as well as Fortune Bay (TSX:FOR) Corp., where he was part of a business development team evaluating and recommending advanced gold projects throughout the Americas.
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