Yukon-Nevada Gold CEO resigns

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Yukon-Nevada Gold CEO resigns

posted on Jun 21, 2012 08:26AM

(Reuters) - Yukon-Nevada Gold Corp (Toronto:YNG.TO - News), which is considering options including a sale of the company, said its chief executive officer, Robert Baldock, resigned.

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)

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