31 August 2020
GoldMining Inc. is pleased to announce the appointment of John Griffith as Chief Development Officer of its subsidiary, Gold Royalty Corp. Mr. Griffith has also joined the advisory board of GoldMining.
David Garofalo, Chairman and CEO of Gold Royalty, commented: "We’re delighted to welcome John to the Gold Royalty team. As the former Head of Bank of America’s Metals and Mining Investment Banking, John has advised on more than $60 billion of successful mining transactions over the past decade alone. John was a trusted advisor to me and Goldcorp in our US$32 billion merger with Newmont Mining last year, the largest merger ever completed in the gold sector. I am confident that John’s wealth of experience in capital markets with one of the largest investment banks in the world will serve Gold Royalty very well as we grow our business."
John Griffith commented: "It is a tremendous privilege to be working closely with David Garofalo, Amir Adnani and the team at Gold Royalty and GoldMining as we set out to build upon an already exciting portfolio of assets to create value for all stakeholders. The royalty and streaming business model has emerged over the past decade to become a critical yet growing part of the global precious metals sector. Whether funding development growth, M&A, or enhancing balance sheet strength, royalty and streaming companies are no longer viewed as niche players within the industry, but as a primary source of capital and efficient vehicles for driving sector-leading investment returns."