Catalin Kilofliski, President and CEO of Goldplay, stated, “We are very pleased to welcome Walter, Adam and Jorge to Goldplay's newly created Advisory Board at this important stage of the Company's development. As highly respected, successful and experienced mining executives with extensive industry experience, their insights and technical expertise will be invaluable in helping Goldplay achieve our ambitious growth objectives."
Walter Coles Jr. is CEO of TSX-listed Skeena Resources (TSX SKE ~$800M Mk. Cap.). He also served as CEO and president for several Toronto Stock Exchange-listed junior mining exploration and development companies. Coles got into the mining business while trying to develop a mineral resource discovered on his family's farmland in Virginia. Previously, he was an analyst for Cadence Investment Partners from 2005 to 2007. Prior to that, Walter Coles worked for UBS Investment Bank in New York as a senior research analyst in the bank's High Yield Group. Coles began at UBS Investment Bank in 1999 as an associate reporting to the bank's Global Head of Fixed Income Strategy. Coles holds a B.A. in economics from the University of Richmond.
Bottom line: past success is no guarantee of future success, but the quality of the new advisory board speaks volumes. Catalin Kilofliski has been able to win over a top-class team for himself and Goldplay. Walter Coles' agreement to be on the board carries particular weight, as Skeena is developing one of the most significant gold projects in British Columbia's Golden Triangle. The association with Walter's name could certainly bring Goldplay to the attention of many new investors for the first time. And given the right opportunity, it wouldn't hurt to take advantage of the capital markets access Walter has earned.
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