| TAHOE RESOURCES ANNOUNCES MANAGEMENT CHANGE | |
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VANCOUVER, British Columbia - June 13, 2016 - Tahoe Resources Inc. ('Tahoe') (TSX, THO; NYSE: TAHO) today announced that Tony Makuch has resigned as Executive Vice-President and President of Canadian Operations, effective July 15, 2016. Following Mr. Makuch's departure, Ron Clayton, Tahoe's President and Chief Operating Officer, will assume day-to-day management of the Company's Lake Shore Gold Division.
Mr. Makuch joined Tahoe in April 2016 following the Company's acquisition of Lake Shore Gold, where he had served as President and Chief Executive Officer ('CEO') since March 2008. He has resigned to accept a CEO position within the Canadian gold mining industry.
Kevin McArthur, Executive Chair and CEO of Tahoe, said: 'We wish Tony all the best with his new endeavors. He deserves an immense amount of credit for his contribution in building Lake Shore Gold from a junior explorer to a low-cost gold producer with a strong management team, quality operations and attractive growth projects. I know Ron is looking forward to working more closely with our senior managers in the Toronto-based Canadian Operations office, as well as our site management and exploration staff in Timmins.'
About Tahoe Resources Inc.
Tahoe's strategy is to responsibly operate precious metals mines, to pay significant shareholder dividends and to grow by developing long-term, low-cost assets in the Americas. Tahoe is a member of the S&P/TSX Composite and TSX Global Mining indices and the GDX and Russell 3000 on the NYSE. The Company is listed on the TSX as THO and on the NYSE as TAHO.
For further information, please contact:
Tahoe Resources Inc.
Mark Utting, Vice President, Investor Relations
[email protected]
Tel: 416-703-6298
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Tahoe Resources Inc.
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EXPLORATION STAGE |
CODE : THO.TO |
ISIN : CA8738681037 |
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Tahoe Resources is a silver producing company based in Canada. Its main exploration property is ESCOBAL in Guatemala. Tahoe Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.5 billions as of today (US$ 1.1 billions, € 1.0 billions). Its stock quote reached its highest recent level on September 24, 2010 at CA$ 9.96, and its lowest recent point on June 28, 2019 at CA$ 4.95. Tahoe Resources has 312 300 000 shares outstanding. |