UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
February 12, 2021 Gold Resource Canada Corporation, a wholly owned subsidiary of Gold Resource Corporation (the “Company”) entered into the employment agreement with Ann Wilkinson pursuant to which she will provide services as Vice President, Investor Relations and Corporate Affairs of the Company effective February 1, 2021. Ms. Wilkinson, age 56, is an accomplished mining professional and a seasoned investor relations executive who has worked with both base and precious metal producers and developers including TMAC Resources Inc (TSX:TMR), GoldQuest Mining Corp. (TSX.V:GQC), Orvana Minerals Corp. (TSX:ORV), Colossus Minerals Inc. (TSX:CSI) and Breakwater Resources Ltd. (TSX:BWR). Ms. Wilkinson has been responsible for the development and execution of investor relations strategy, representing public companies in their respective relationships with the investment community and acting as a public spokesperson and crisis management. Ms. Wilkinson holds a Bachelor of Arts, Economics from Western University in London, Ontario, Canada.
Pursuant to the terms of Ms. Wilkinson’s employment agreement (the “Agreement”), she will receive an initial annual base salary of CAD$265,000 as well as eligibility for an annual incentive cash bonus and she is entitled to receive stock options, restricted stock units or other awards pursuant to the Company’s 2016 Equity Incentive Plan as determined by the Compensation Committee of the Board. Ms. Wilkinson is also entitled to participate in certain of the Company’s benefit plans available to other executives. If her employment is terminated, Ms. Wilkinson will be eligible for severance benefits including up to 18 months’ salary and pro-rated bonus based on a severance period for termination without cause or with good reason, and 24 months’ salary and bonus for termination within 12 months of a change in control. The foregoing description of Ms. Wilkinson’s employment agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the agreement, a copy of which is attached hereto as Exhibit 10.1 and incorporated by reference herein.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
The following exhibit is furnished with this report:
Exhibit No. | Description | |
10.1 | Employment Agreement with Ann Wilkinson | |
104 | Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101) |
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.
GOLD RESOURCE CORPORATION |
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Date: February 18, 2021 | By: | /s/ Allen J. Palmiere |
Name: | Allen J. Palmiere | |
Title: | Chief Executive Officer |