A northern gold company has hired a securities firm to help it analyze strategic opportunities.
Clarus Securities will assist Golden Band in evaluating its current operations and financial position.
The company’s CEO Mark Thiel says their objective right now is to create value for shareholders but the company still has no plans to enter into transactions that don’t make sense.
“If we aren’t able to find transactions out there that create that value for our shareholders, then we’re not obligated and we wouldn’t be entering into transactions that don’t create that value for our shareholders.”
Golden Band began commercial production in April of 2011.
The announcement comes just a few months after former vice-president Rodney Orr announced his resignation from the company.
Orr stepped down from his post so he could serve as a consultant.