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BREAKING: Spyder Cannabis Celebrates Canada Day Weekend with Launch of New Hemp Energy Drink Line

  • In celebration of Canada Day, it will launch its new Hemp Energy Drink line over the Canada Day long weekend across its existing Ontario locations, as well as its two brand new stores in Niagara Falls and Pickering, set to open this weekend
  • Samples will be available at all locations

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Message: Detour Gold, Touted As A Takeover Target, Edges Up As It Appoints A New CEO Following Shareholder Revolt

Detour Gold, Touted As A Takeover Target, Edges Up As It Appoints A New CEO Following Shareholder Revolt

posted on Jan 03, 2019 10:04AM
 
2019-01-03 09:59:28 AM ET (MT Newswires)
   
   

09:59 AM EST, 01/03/2019 (MT Newswires) -- Detour Gold was up 1% on Thursday appointed board member Bill Ferguson as its interim chief executive as it reorganizes its operations following the ouster of the company's board and management last month.

The company, which is being touted as a potential takeover target by the newly merged Barrick Gold (ABX.TO) and others, said its search for a permanent chief executive continues but it is confident Ferguson will be good hands until a new CEO is found.

"The Board is confident that Mr Williams will provide proven experience, expert skills and competent guidance for the company during the transition period between now and the appointment of a new CEO," Detour said in a release.

Shares in the company, up 7.6% since shareholders tossed out management in mid-December, were last seen up $0.11 to $11.86 on the Toronto Stock Exchange, at the low end of its intraday range of $11.82 to $12.15.

Price: 11.70, Change: +0.19, Percent Change: +1.65

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