10:22 AM EDT, 07/02/2025 (MT Newswires) -- ESGold ( ESAUF ) was up more than 3% at last look on Wednesday after saying it appointed Gordon Robb as chief executive officer, effective immediately.

The company also said that Paul Mastantuono will continue to serve as chairman of the board while taking on the role of chief operating officer.

According to a a company statement the appointment of Robb is aligned with the company's transition into gold and silver production at its flagship Montauban Project in Quebec.

The company further stated that Robb brings over a decade of experience across investment banking, fixed income trading, and mining industry capital markets.

Most recently, he served as the business development and investor relations manager for Scottie Resources. Prior to that, he held senior roles at "leading" global financial institutions, including ICAP in Hong Kong, BGC Partners (formerly a subsidiary of Cantor Fitzgerald), and the TMX Group.

"We're entering a transformational phase in ESGold's ( ESAUF ) evolution, and I could not be more excited to welcome Gordon as our new CEO," said Mastantuono. "His global capital markets background, investor acumen, and proven track record in scaling resource companies make him the ideal person to lead ESGold ( ESAUF ) into production and far beyond. He has the energy, vision, and credibility to execute our bold strategy and take ESGold ( ESAUF ) to the next level."

The company's shares were last seen up $0.04 to $1.25 on the Canadian Securities Exchange.

Price: 1.25, Change: +0.04, Percent Change: +3.31