think we could have something big here

Julio Carvalho, previously Goldcorp’s Executive Vice President of South America, will serve as Chief Executive Officer of Peak Gold. Jim Simpson, previously general manager of Peak mine, will be the Chief Operating Officer. The initial Peak Gold board of directors will be comprised of current Goldcorp Chairman Ian Telfer, Frank Giustra, Gordon Keep and Mr. Carvalho. Completion of the transaction is subject to a number of conditions, including the execution of definitive agreements, requisite regulatory approvals, completion by GPJ of a Cdn.$277.5 million equity financing and approval by disinterested shareholders of GPJ.