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Torex Gold Resources Inc (TXG.TO)

TXG.TO on Toronto Stock Exchange

16.63CAD
18 Oct 2019
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Summary

Name Age Since Current Position

A. Terrance MacGibbon

72 2010 Independent Chairman of the Board

Frederick Stanford

60 2009 President, Chief Executive Officer, Director

Steven Thomas

2018 Chief Financial Officer

Jody Kuzenko

2018 Chief Operating Officer

Anne Stephen

2012 Vice President - Human Resources

H. Bernard Loyer

2017 Vice President - Projects

Dawson Proudfoot

2014 Vice President - Engineering

Mark Thorpe

Vice President - Corporate Social Responsibility

Mary Batoff

2014 General Counsel, Corporate Secretary

Andrew Adams

62 2009 Independent Director

James Crombie

60 2011 Independent Director

Franklin Davis

64 2012 Independent Director

David Fennell

66 2009 Independent Director

Michael Murphy

54 2009 Independent Director

William Shaver

71 2016 Independent Director

Elizabeth Wademan

43 2016 Independent Director

Biographies

Name Description

A. Terrance MacGibbon

Mr. A. Terrance MacGibbon is an Independent Chairman of the Board of Torex Gold Resources Inc. Mr. Terry MacGibbon is the Executive Chairman of TMAC and a registered professional geologist and a certified director, Institute of Corporate Directors, with over 45 years of experience in the mining business. Mr. MacGibbon graduated with a B.Sc. (Hons.) in Geology from St. Francis Xavier University. Prior to 1997, he was employed for 30 years with Inco, culminating in him being responsible for directing Inco’s North American and worldwide exploration activities. Mr. MacGibbon was founder and Chairman and Chief Executive Officer of FNX from 1997 to 2010. Mr. MacGibbon and his team built FNX from a junior exploration company into a mid-tier, multi-billion-dollar, diversified Canadian mining company that produced nickel, copper, and precious metals from its mineral properties in the Sudbury Basin mining camp, Ontario, Canada. In 2010, FNX merged with Quadra to form QUX and from May 2010 to March 2012, he was the Chairman of QUX, which was subsequently sold to KGHM in 2012. Mr. MacGibbon is a co-founder, and since 2006 the Chairman, of INV Metals Inc. a junior resources company exploring and developing the Loma Larga gold project in Ecuador. Mr. MacGibbon is a co-founder, and since 2010 a director and the Chairman, of the Company. He is the founder, and since December 2012 the Executive Chairman, of TMAC and he serves as a member of its corporate social responsibility committee. In 2005, Mr. MacGibbon was awarded the prestigious PDAC’s Developer of the Year award and in 2005 Ernst and Young honoured Mr. MacGibbon for FNX’s successes with an Entrepreneur of the Year award. In 2018, Mr. MacGibbon was inducted into the Canadian Mining Hall of Fame. He has held directorships and senior executive positions in several TSX and TSX Venture Exchange listed mining companies.

Frederick Stanford

Mr. Frederick M. Stanford is an President, Chief Executive Officer, Director of Torex Gold Resources Inc. Mr. Fred Stanford is the President and Chief Executive Officer of the Company. He is a mining executive with over 35 years of experience in the mining industry. Mr. Stanford started his career at Vale Canada Limited (“Vale”, formerly Vale Inco and Inco Limited) in 1981 as a software designer and then moved into operations management as an underground mine foreman. He progressed through senior roles in mines operations, processing plant operations, engineering, environmental, health and safety, human resources, and production services operations. In 2006, he was appointed to the role of President of Vale’s Ontario operations, a position he held until June of 2009. Mr. Stanford graduated in Industrial Engineering from the Technical University of Nova Scotia. Mr. Stanford is also a certified director, Institute of Corporate Directors. He has served on the board of directors of Laurentian University, Cambrian College and the Northern Centre for Advanced Technology (NORCAT), a non-profit commercial incubator.

Steven Thomas

Mr. Steven Thomas is Chief Financial Officer of the Company effective April 2, 2018. Bachelor of Science Accountancy & Economics from the University of Wales; Fellow of the Institute of Chartered Accountants. Steven Thomas is an accomplished finance executive with over 30 years of international corporate experience, particularly in operating mining companies where he has held positions of increasing responsibility. He joined the Company from Goldcorp Inc., where he held the role of CFO Canadian Operations, responsible for improving commercial performance and governance. Prior to that, he held the role of CFO of De Beers Canada Inc. for ten years where Mr. Thomas had a proven track record of delivering results and building, developing and leading finance teams, and co-developing the company’s strategic direction in regards to business growth projects.

Jody Kuzenko

Ms. Jody Kuzenko is Chief Operating Officer of the Company. Member of the Ontario Bar; Bachelor of Laws from the University of Western Ontario and an Honours Bachelor of Arts from McMaster University Jody Kuzenko is an experienced mining executive that joined the Company from Vale’s Ontario Operations in Sudbury. She was most recently the Director, Business Strategy for the Vale Ontario Operations and immediately prior to that she was the Director of Refining Operations. She has spent the last 14 years of her career at Vale in various executive roles within the operations. She is an accomplished leader and will be able to draw on her extensive operations management experience in processing plants, transport functions, oxygen and acid plants, maintenance shops, hydro generation and distribution. She also has extensive experience in safety, health, environmental protection, labour negotiations and in working with indigenous communities. Interfacing with governments and regulatory authorities and her legal background round out the experience base that she will draw from as she leads the operations team through the implementation of operations management systems. Ms. Kuzenko is a founding Advisory Board member of the Centre for Research in Occupational Safety and Health (CROSH) at Laurentian University.

Anne Stephen

Ms. Anne Stephen is an Vice President - Human Resources of the Company. Bachelor of Arts (Hons) from McMaster University Anne Stephen is a Human Resource professional with over 30 years’ international experience working both as an executive and as a management consultant. She has worked in a variety of industries with companies such as AngloGold Ashanti, Oman Oil, Vale Inco, Vancity, BMO Financial Group, George Weston, Canadian Pacific Railway and Apple Computer. Ms. Stephen has helped business leaders to build efficient and effective work environments that are 20 - 30% more productive than their competition. Ms. Stephen has been a lecturer at the University of Toronto’s Rotman School of Management and is a founding member of the Global Organization Design Society. Ms. Stephen was a consultant to the Company from January 2011 to June 2013from January 2011 to June 2013.

H. Bernard Loyer

Mr. H. Bernard Loyer is Vice President - Projects of the Company. Mr. Bernie Loyer joined the Company as Project Director, Mexico, in March 2015 and then served as Vice President, Latin American Operations of the Company from April 2016 to October 2017. Prior to March 2015, Mr. Loyer had been employed with Goldcorp Inc. commencing in April 2010 where he led the completion of the construction through to commercial production status. Then as VP Projects South America, he led both the El Morro and Cerro Negro Projects, the latter in Argentina beginning with engineering through construction and beyond commercial status. Prior to joining Goldcorp in early 2005, Mr. Loyer spent five years at FLSmidth Minerals serving as Vice President, Minerals Technology and Chief Product Officer where he was responsible for all global process technology, manufacturing and material handling. Prior to that he served 15 years with BHP Billiton, spending the last 10 years in Peru and Chile where he held operational leadership roles and led a number of projects. Mr. Loyer has served on the boards of various international companies including KOCH-MVT Material Handling, RAHCO International, Conveyor Engineering, Excel Foundry and CEIM Centro de Entrenamiento Industrial y Minero in Antofagasta, Chile.

Dawson Proudfoot

Mr. Dawson McNabb Proudfoot is a Vice President - Engineering of Torex Gold Resources Inc. Professional Engineer; Bachelor of Applied Science Mining from Queen’s University; Project Management Professional designation and Black Belt - Six Sigma. Dawson Proudfoot is a highly skilled mining engineer with over 25 years experience in the hard rock mining industry. His experience spans across a number of aspects of the industry from mine design, development, to operational. Prior to joining Torex, Mr. Proudfoot was with Xstrata Nickel, Sudbury Operations, which he joined in 1989 as a Planning Engineer. During his tenure with Xstrata, he held various positions of increasing authority, his most recent role as Engineering Superintendent for Sudbury Operations. During his career Mr. Proudfoot developed expertise in mine design (concept through to operation), mine infrastructure, leadership and staffing of technical team. He joined Torex in March 2010 (sabbatical from January 2013 to June 2014) and was responsible for the feasibility study for the ELG Mine and for the Media Luna PEA issued in 2012 and 2013, respectively, and subsequent updates

Mark Thorpe

Dr. Mark Thorpe is an Vice President - Corporate Social Responsibility of Torex Gold Resources Inc. Ph.D. in mine land rehabilitation from the University of Saskatchewan Mark Thorpe is a senior mining executive with over 30 years working both in mining operations and as an international corporate responsibility consultant working on mining projects from potash to diamonds and gold. Prior to January 2015 he was Senior Vice President, Corporate Social Responsibility and Environmental Affairs with Golden Star from January 2013 and for three years prior to thereto he was Vice President Sustainability of Golden Star. His experience spans five continents and covers mining from greenfields exploration to closure and postclosure management. Having lived and worked in Latin America and Africa, Dr. Thorpe’s experience includes permitting a mine in a tropical rainforest area of Venezuela with several regulatory changes and working with the project teams to reduce the lost time injury frequency rate at a mine in Africa from 2.1 per million hours worked to 0.15 per million hours worked.

Mary Batoff

Ms. Mary D. Batoff is an General Counsel, Corporate Secretary of Torex Gold Resources Inc. Member of the Ontario Bar; Bachelor of Laws from the University of Western Ontario; and, Bachelor of Arts and Bachelor of Education from Queen’s University Mary Batoff is a senior executive with over 20 years of experience with publicly traded companies in the mining and exploration sector. Her experience includes successfully leading multi-jurisdictional, debt, equity and restructuring transactions and providing advice and counsel to managers of capital construction projects and operations. Ms. Batoff served as the President and CEO of First Uranium Corporation from August 2012 to December 2013, a gold and uranium company and prior to that she served for over six years as its Vice President, Legal and Secretary. She also served as Vice President, Legal and Secretary for North American Palladium and as legal counsel and corporate secretary for TSX listed gold and base metal mining companies.

Andrew Adams

Mr. Andrew B. Adams is an Independent Director of Torex Gold Resources Inc. Mr. Andrew Adams is a corporate director and has over 30 years of international financial experience in extractive industries. He served as Chief Financial Officer of Aber Diamond Corporation from 1999 to 2003 and Chief Financial Officer of Anglo Gold North America from 1995 to 1999. From 2004 onwards, he has served as an independent, non-executive director on several Canadian mineral resource companies. Currently he serves as an independent, non-executive director of First Quantum Minerals Ltd. (“First Quantum”) and TMAC Resources Inc. (“TMAC”). He is the audit committee chair and a member of the corporate governance and nominating committee for both of First Quantum and TMAC. He also serves as a member of the compensation committee for TMAC. Mr. Adams obtained his Bachelor of Social Sciences (Accounting and Statistics) from Southampton University and then qualified as a Chartered Accountant in the United Kingdom in 1981. Mr. Adams is the Chair of the Audit Committee of the Company. The Board has determined that Mr. Adams is an audit committee financial expert based on his professional designation, education and extensive international financial experience in extractive industries.

James Crombie

Mr. James Arnott Crombie is a Independent Director of Torex Gold Resources Inc. Mr. Jim Crombie is President and Chief Executive Officer and a director of Odyssey Resources Limited (“Odyssey”), a Canadian-based junior exploration company focused on the acquisition, exploration, discovery and development of mineral resource properties. Currently, Odyssey does not own any exploration property and is not carrying out any exploration programs. Mr. Crombie is a mining engineer with over 30 years of broadly based experience in the mining industry. Mr. Crombie has held several senior executive positions with various mining companies, including Hope Bay Gold Corporation, Palmarejo Silver & Gold Corporation until its merger with Coeur d’Alene Mines, and was a mining analyst and investment banker with Shepards, Merrill Lynch, James Capel & Co. and Yorkton Securities. Mr. Crombie is also currently a director of Nickel Mines Limited of which is a member of the audit committee. He graduated from the Royal School of Mines, London, with a Bachelor of Science (Hons)

Franklin Davis

Mr. Franklin Lorie Davis is Independent Director of Torex Gold Resources Inc. Frank Davis has been counsel to the law firm Bennett Jones LLP since March 2013. He was previously counsel to the law firm Fraser Milner Casgrain LLP (“FMC”) from January 2011 to February 2013, and prior thereto was a partner of FMC, practicing principally in the areas of securities and capital markets, corporate finance, mergers and acquisitions, mining and corporate governance. Mr. Davis has represented various public companies and investment banking firms in public and private offerings of equity and debt securities. He has acted as counsel to offerors, target companies and financial advisors in both hostile and negotiated merger and acquisition transactions and has been active in a variety of takeover bids, mergers, acquisitions, amalgamations, arrangements and divestitures. Mr. Davis is currently a director of TMAC, of which he is chair of the compensation committee and corporate governance and nominating committee and a member of the audit committee. Mr. Davis holds a Bachelor of Commerce, Master of Business Administration and Juris Doctor from the University of Toronto. He is a certified director, Institute of Corporate Directors, and is included in The Best Lawyers in Canada, The Canadian Legal LEXPERT Directory, Who’s Who Legal: Canada, The International Who’s Who of Business Lawyers and Canadian Who’s Who.

David Fennell

Mr. David A. Fennell is a Independent Director of Torex Gold Resources Inc. Mr. David Fennell is a corporate director with over 35 years of experience in the mining industry and has held directorships and senior executive positions in several TSX and TSXV listed mining companies, including Golden Star Resources Ltd (“Golden Star”) which he founded in 1983 and during his term as President and CEO, Golden Star became a TSE 300 company. Prior to February 2017, Mr. Fennell served as the Executive Chairman and Interim President and CEO of each of Reunion Gold Corporation and Odyssey Resources Limited and the Executive Chairman of Highland Gold Company Inc. Mr. Fennell currently serves as the Chairman of Reunion Gold Corporation, of which he also serves as a member of the safety, environment and social responsibility committee, and the Chairman of Highland Copper Company Inc. of which he serves as a member of the environment, health and safety committee. He is also a director of Sabina Gold and Silver, of which he is a member of the safety, health and environment committee and a member of the nominating committee. Mr. Fennell obtained a Bachelor of Arts from the University of North Dakota, then graduated from the University of Alberta with a Bachelor of Laws and practiced corporate and resource law for a number of years.

Michael Murphy

Mr. Michael D. Murphy is Independent Director of Torex Gold Resources Inc. Mr. Michael Murphy is the President and Chief Executive Officer of Global Battery Metals Ltd., a Canadian based mineral exploration company with a focus on metals that make up and support the rapid evolution to battery power, and President of Woodman Capital Ltd., a private consulting company. Mr. Murphy currently serves as an independent director of Ethos Gold Corp. Mr. Murphy previously spent 15 years working in institutional equities in London, with Merrill Lynch, Donaldson, Lufkin & Jenrette and Credit Suisse, where he managed the hedge fund coverage team. Mr. Murphy graduated from the University of British Columbia with a Bachelor of Arts, from the London School of Economics and Political Science with a Master of Science in Finance, and from Saint Mary’s University with a Master of Business Administration and he is a certified director, Institute of Corporate Directors.

William Shaver

Mr. William M. (Bill) Shaver is an Independent Director of the Company. Mr. Bill Shaver is a seasoned senior mining executive with over 40 years of expertise in mine construction and operations. His early experience includes Teck, Eldorado Nuclear, New Quebec Raglan, Falconbridge and the Redpath Group working on many projects in roles of increasing responsibility. He was one of the founders of Dynatec Corporation which became one of the leading contracting and mine operating groups in North America. More recently, Mr. Shaver was the COO of FNX Mining from October 2008 to May 2010, Executive Vice President of Denison Mines Limited from August 2006 to September 2008, the President and CEO of DMC Mining Services from October 2008 to August 2016 and Principal, Shaver Engineering Limited from August 2016 to March 2017. Mr. Shaver served as the Chair of the Board Workplace Safety North since its inception in 2009 to 2015. He also sponsors scholarships for Masters and Doctorate students working in the safety area at Laurentian University. Mr. Shaver was recognized as the Ernst and Young Entrepreneur of the Year in 2013 for his devotion to bringing innovation to the mining industry.

Elizabeth Wademan

Ms. Elizabeth Anne Wademan is Independent Director of the Company. Ms. Elizabeth Wademan is a corporate director with over 23 years of financial services experience as a senior capital markets executive. Ms. Wademan most recently spent 18 years in investment banking at BMO Capital Markets where she was one of the firm’s most senior capital markets professionals, responsible for leading capital markets advisory and complex transactions. She focused on the global metals and mining and technology sectors and was Head of Global Metals & Mining Equity Capital Markets prior to retiring in 2016. As a former Managing Director in Investment Banking, Ms. Wademan has extensive experience in capital markets and strategic advisory as well as a deep expertise in commodities and securities markets. She currently serves on the boards of SSR Mining Inc., BSR Real Estate Investment Trust and St. Joseph’s Health Centre Foundation. Ms. Wademan obtained her Bachelor of Commerce in Finance and International Business from McGill University. She is a CFA charterholder and is a holder of the Institute of Corporate Directors Director designation (ICD.D).

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