BRIEF-Astur Gold says Brian Wesson to be appointed as president and CEO

Tue Jul 12, 2016 1:29pm EDT
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July 12 (Reuters) - Astur Gold Corp :

* Astur Gold announces significant strategic changes to the company including restructure of debt, interim financing and changes in board and management

* Brian Wesson will also be appointed as president and CEO, Mark Gelmon will be appointed as chief financial officer

* Lionsbridge, RMB Australia Holdings Limited and company have entered into an option agreement, facilitated by Lionsbridge

* Management and board of directors of Astur will be restructured effective on closing of services agreement

* Under option agreement, RMBAH granted co option to repay secured debt facility owed by co to RMBAH for $3 million, certain additional consideration Source text for Eikon: Further company coverage: