Chief Financial Officer Shaun Heinrichs and Chief Operating Officer Randy Reichert will now also serve as co-CEOs, the gold miner said in a statement.

Yukon-Nevada, which also owns gold, silver, zinc and copper assets in Canada's Yukon territory and British Columbia, said in April it started a strategic review of its business.

The company's shares closed at 34.5 Canadian cents on Wednesday on the Toronto Stock Exchange.

(Reporting by Aftab Ahmed in Bangalore; Editing by Sreejiraj Eluvangal)