G & S Minerals, Inc. dba Gold & Silver Minerals, a mining company focused on developing high-quality and low-risk mineral resource and energy prospects, today announced several management changes made in connection with the scheduled closing of the milestone Strategic Cross Investment and Gold Field Development Agreement with Mayan Gold, Inc.
With the Company’s appreciation for their service, Michael Sandidge (President & Chief Executive Officer), Ryan Kutty (Chief Financial Officer & Director), and William Curtis (Vice Chairman) have resigned their respective positions with G & S Minerals. Effective immediately, Mr. Irwin Renneisen has been appointed as President, Chief Executive Officer, and Chairman of the Board of Directors. Mr. Renneisen is an established leader with decades of executive experience, most recently with an emerging carbon credit/trading firm. The broad scope of his résumé, including previous work with an industrial minerals company as well as his responsibilities as a managing director of a registered broker/dealer, highlights his qualifications for this role.
Joining Mr. Renneisen is Jerome Liss, who will serve as the Company’s new Chief Financial Officer and Treasurer. Both Mr. Renneisen and Mr. Liss bring over 60 combined years of extensive experience in the public and private business sectors. Each has served in an executive capacity in their related positions and is well suited to advance G & S Minerals’ growth strategy.
Mr. Charles Brown, who had previously served as Chairman of the Board, will now serve as the Vice Chairman of the Board and Vice President. Mr. Edward Stanojev Jr. will continue to serve his dual role as a member of the Board of Directors and Secretary. The Company also named Mr. William Smith as a new member of the Board.
“The management changes were both a practical and strategic result of the Company’s agreement with Mayan Gold, Inc.,” stated Charles Brown, Vice Chairman. “In the past few months we’ve succeeded in creating the Company’s largest strategic relationship to date, as well as elevating our Company and its transparency from the lowest Pink Sheet tier to our present classification as ‘Current Information.’ We’re confident in the skill and leadership of those now joining us, and believe that Mr. Renneisen, Mr. Liss, and Mr. Smith will prove vital to our plans to grow our Company and take advantage of what we feel is a tremendous long-term opportunity in the metals industry.”
G & S Minerals, Inc. (which also does business under the name “Gold & Silver Minerals”) is a mining company focused on acquiring and developing high-quality, low-risk mineral resource and energy prospects. G & S Minerals is aggressively pursuing opportunities to develop working interests in mineral properties that offer a short time to production, as well as significant upside exploration potential. In addition, G & S Minerals is investigating opportunities for corporate transactions that will expand the mineral and resource portfolio. By leveraging its network of industry contacts, management expertise, and its targeted acquisitions, G & S Minerals is working to build rapid asset growth, near-term cash flow, and shareholder value. Additional information is available at G & S Minerals’ website at www.gold-silverco.com.