Argyle Resources Corp. has announced the appointment of Michael Yeung as its new Chief Financial Officer (CFO). With over 18 years of experience in public and private debt and equity markets, Yeung brings extensive expertise in financial management, strategic planning, risk assessment, and investor relations. He has held executive positions, including CEO, CFO, and board member, showcasing his skill in financial oversight, strategic planning, and risk management. As CFO, Yeung has successfully overseen financial operations, implemented financial controls, and played a crucial role in promoting financial stability and expansion of the companies he has worked with.
Yeung replaces Christian Grundling, to whom the company expresses gratitude for his contributions. Additionally, Argyle has engaged Independent Trading Group, Inc. (ITG) to act as a market maker for its shares on the Canadian Securities Exchange (CSE). ITG, a prominent Canadian brokerage firm, will provide liquidity and execution services to enhance the trading experience for Argyle’s investors. The contract with ITG is for an initial three-month period, with automatic monthly extensions, at a monthly fee of CDN $5,500. This strategic move aims to improve the liquidity and establish a fair and orderly market for Argyle’s shares, adhering to CSE policies by buying and selling these shares on the CSE and other Canadian trading platforms.
Jeff Stevens, CEO of Argyle, highlighted ITG’s extensive experience and dedication to exceptional client service, which will be instrumental in enhancing the trading experience for investors. Jeff Gamble, Managing Director at ITG, expressed enthusiasm for partnering with Argyle to provide market-making services to its expanding shareholder community. The company’s headquarters is located in Calgary, Alberta, Canada, and it focuses on acquiring, exploring, staking, and assessing resource properties in North America.