Nevada Gold president resigns

The company does not expect to name a replacement and his responsibilities will be assumed by Robert Sturges, Chief Executive Officer, who has recently signed a three year contract extension.

Robert Sturges, Chief Executive Officer of Nevada Gold, stated, “We wish John well in his new endeavor and appreciate his contributions in assisting us with the repositioning of Nevada Gold. While we are disappointed to see him depart, we recognize that he has been presented with a compelling and unique opportunity to develop a world-class hospitality and entertainment venue for Asia Asia, and wish him all the best in his future pursuits.”

Jonathan Arnesen, President and Chief Operating Officer, added, “My time at Nevada Gold has been professionally gratifying and I have enjoyed being a part of this management team. The Company faces several exciting growth prospects but I ultimately decided to pursue an internationally-focused career path with a company that recruited me specifically for my significant pre-opening expertise with large-scale hospitality and entertainment properties. I wish Nevada Gold all the best as they execute their strategic initiatives and move forward into the next phase of their growth.”