Paramount appoints Rudi Fronk as director and board chairman
Mr. Fronk will assume the role of non-executive Chairman and is expected to serve as a member of the Corporate Governance and Nominating, and Compensation Committees.
Mr. Fronk, a graduate of Columbia University from which he holds a Bachelor of Science in Mining Engineering and a Master of Science in Mineral Economics, has over 30 years of experience in the gold sector primarily as a senior officer and director of publically traded gold exploration companies.
In 1999, Mr. Fronk co-founded Seabridge Gold Inc., a $500 million market cap company with gold reserves exceeding 45 million ounces and one of the world’s largest resource bases of gold and copper.
He currently serves as Chairman and as the Company’s CEO, a position he has held since inception.
In addition to his extensive experience with Seabridge Gold, Mr. Fronk has held senior management positions with Greenstone Resources, Columbia Resources, Behre Dolbear & Company, Riverside Associates, Phibro-Salomon, Amax and DRX.
Mr. David Smith, who has served as Paramount Chairman for the past two years, will continue as a director. ■