Azimuth Resources, the owner of Australian Company Pharsalus Gold Inc., has recently sold over the company to Troy Resources Limited.
Troy Resources Limited is another Australian company which has bases in Brazil and Argentina. According to a notice published in last Friday’s Stabroek News, the takeover of the new company has resulted in several changes in the management of project development in Guyana. The notice stated that there were also changes in the administration of the company’s affairs. Ken Nilsson was selected as the project Director and CEO for the Troy Guyana Operations, who would also assume the role as Country Manager replacing Mr. Robert Power.
The Resident Manager Ian Christie remains in his post and will continue to focus on government relations,
