Terraco Gold rang in 2017 with the announcement that it has appointed Paul Zink as consultant and advisor.
In a Jan. 3 news release, Terraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK) noted that “Mr. Zink is a mining industry professional with more than 35 years of experience in finance and the extractive industries. He has particular expertise in mineral royalties, project financing, financial analysis, business development and strategic planning. Within his career, Mr. Zink has held several senior positions specific to the royalty sector including President of International Royalty Corporation (“IRC”) until the successful sale of IRC to Royal Gold, Inc. in February 2010. . .he began his career following the mining and metals industries during a 17-year tenure on Wall Street with J.P. Morgan & Co., where he performed industry research and merger and acquisition analysis on mineral companies, banking and project finance advisory work for European mining companies, and sell-side equity research on U.S. mining stocks.”
Todd Hilditch, CEO of Terraco, stated, “I have known Paul for several years and fully appreciate his high level of professionalism and character combined with his mining industry expertise and royalty sector success. He is a welcomed addition to the Terraco team and I look forward to working with him.”
A post by The Critical Investor noted that “Paul Zink isn’t just any name in the royalty space, and I think Terraco is lucky to have a royalty veteran like Paul helping them out from now on. . .as a consultant and advisor, Paul will advise and help Terraco management review/evaluate assets, and bring in royalties for evaluation that could be a good fit.”
The Critical Investor says Zink could be a game-changer for Terraco: “With his vast network in the royalty- and mining space, and the successful IRC story as an indication of the kind of playing field he likes, I’m pretty sure his ambitions reach outside the usual realm of small companies like Terraco Gold. People like him could raise cash fairly quickly and easy, and also attract the best people available if necessary. Besides this, the best available projects will find guys like Paul, not the other way around as is usual with less familiar names. ”
“Paul brings a new level of doing business in the royalty space to the table. I’m looking forward to his first moves,” The Critical Investor concluded.
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1) Patrice Fusillo compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee. She owns, or members of her immediate household or family own, shares of the following companies mentioned in this article: None. She is, or members of her immediate household or family are, paid by the following companies mentioned in this article: None.
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( Companies Mentioned: TEN:TSX.V; TCEGF:OTCPK, )