TMX Group, Generation Mining, C-Suite at The Open
TSX - Toronto Stock Exchange
Canada NewsWire
TORONTO, Aug. 28, 2020
TORONTO, Aug. 28, 2020/CNW/ - Jamie Levy, CEO, Generation Mining Limited (TSX: GENM), shares his company's story in aninterviewwith TMX Group.
The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C-Suite at The Open videos visit https://www.tmxmoney.com/en/csuite.html.
About Generation Mining Limited (TSX: GENM)
Generation Mining Limited (TSX: GENM) ("Gen Mining" or the "Company") is focused on the development of the Marathon Deposit, the largest undeveloped platinum group metal Mineral Resource in North America. The Marathon Property covers a land package of approximately 22,000 hectares, or 220 square kilometres. Gen Mining acquired a 51% interest in the Marathon Property from Sibanye Stillwater on July 10, 2019and can increase its interest to 80% by spending $10 millionover a period of four years. As at the end of Q2 2020, approximately $5.7 millionof the $10 millionhas been spent. Sibanye Stillwater has certain back-in rights that allow it to increase its interest in the Marathon Property back up to 51% in certain circumstances and subject to certain conditions after such time as Gen Mining has earned its 80% interest (see the Company's press release of July 11, 2019for more details). For further information visit https://www.genmining.com/
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, Trayportand other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Torontoand operates offices across North America(Montréal, Calgary, Vancouverand New York), as well as in key international markets including London, Beijingand Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
SOURCE TMX Group Limited
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