Chesapeake Gold Corp (OTCMKTS:CHPGF) Stock On Watchlist After a New Interim CFO

Chesapeake Gold Corp (OTCMKTS:CHPGF) on April 28, 2023, announced the appointment of Mr. Navin Sandhu as Interim Chief Financial Officer from May 1, 2023. Chesapeake Gold Corp. is focusing on the discovery, acquisition as well as development of major gold-silver deposits in South and North America.  The company’s flagship asset is the Metates project, having the largest undeveloped gold-silver-zinc deposits in the Americas.

Trading Data

On Friday, CHPGF stock ended flat at $1.9100 with more than 1K shares, compared to its average volume of 10K shares. The stock moved within a range of $1.9100 – 1.9100 after opening trade at $1.8500.

Chesapeake Gold Announces Appointment of Interim Chief Financial Officer

The Board of Directors has given 20,000 incentive stock options to Mr. Sandhu at an exercise price of $2.70 per share. Exercisable for five years, the options will vest to

25% annually on every anniversary of the grant date.

Mr. Sandhu, CPA, has half a decade of experience in auditing, accounting as well as advisory through servicing a wide variety of clients. He is also the Founder and President of Nava Financial Inc, a public practice accounting firm specializing in giving CFO and controller services to Canadian publicly listed companies.

In his earlier stint, Sandhu was Audit Manager at DMCL LLP, a Vancouver-based public practice firm, working with several private and public companies in the cannabis, junior mining, cannabis, technology as well as life science space.

Sandhu to the executive team. The CEO added that Navin’s expertise will facilitate in supporting the firm’s efforts on continuing the development of Metates deposit in Mexico.