Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 8, 2021, Corvus Gold Inc. (the "Company") appointed Ronald Largent as
Executive Chairman of the Company, effective January 1, 2021. Mr. Largent has
been a director on the Company's Board of Directors since March 11, 2019 and is
an experienced mining executive, he most recently for AngloGold Ashanti from
1994 to 2017 and in the capacity of Chief Operating Officer - International from
2012 to 2017 and worked for AMAX Gold from 1988 to 1994.
Mr. Largent will receive additional compensation in relation to his appointment
as Executive Chairman. Mr. Largent's daily rate will increase to $2,500 per day
with a base level retainer of $15,000 per month and, he will continue to receive
his normal director fees of $3,000 per month. As a result of Mr. Largent's
appointment as an executive of the Company, Mr. Largent was replaced on the
Compensation Committee and Corporate Governance and Nominating Committee of the
Company's Board of Directors.
Mr. Largent does not have a family relationship with any other member of the
Board of Directors or any executive officer of the Company, and has not been a
participant or had any interest in any transaction with the Company that is
reportable under Item 404(a) of Regulation S-K. There is no arrangement or
understanding between any of the Company's officers and directors and Mr.
Largent pursuant to which he were selected to serve as an officer.
Item 7.01. Regulation FD Disclosure.
On January 13, 2021, the Company issued a press release reporting initial core
results from the new Lynnda Strip discovery, Mother Lode Project, Nevada. The
press release also reports the appointment of Ronald Largent as Executive
Chairman. A copy of the press release is attached to this report as Exhibit
99.1. In accordance with General Instruction B.2 of Form 8-K, the information
set forth herein and in the press release is deemed to be "furnished" and shall
not be deemed to be "filed" for purposes of the Securities Exchange Act of 1934,
as amended. The information set forth in Item 7.01 of this report shall not be
deemed an admission as to the materiality of any information in this report on
Form 8-K that is required to be disclosed solely to satisfy the requirements of
Item 9.01. Financial Statements and Exhibits.
99.1* Press Release, dated January 13, 2021
104 Cover Page Interactive Data File (embedded within the Inline XBRL
* The foregoing exhibit relating to Item 7.01 is intended to be furnished to,
not filed with, the SEC pursuant to Regulation FD.
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