Gold Resource Corporation filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits
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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
Departure of Chief Operating Officer
Effective April 21, 2025, Alberto Reyes is no longer employed as the Chief Operating Officer of Gold Resource Corporation (the “Company”). The termination of his employment with the Company is without cause.
Mr. Reyes and the Company remain in negotiations regarding the terms of his severance.
Appointment of Chief Operating Officer
Armando Alexandri was appointed by the Board of Directors of the Company as Chief Operating Officer of the Company, effective as of April 22, 2025.
Mr. Alexandri, age 68, a mining engineer by training, has more than 40 years of operational experience in the mining industry, primarily in Mexico, Peru, Chile, and Ecuador. He has designed, built, and operated both underground and open-pit mines, as well as processing plants, in Chihuahua, Guerrero, Guanajuato, Nuevo León, Coahuila, Sonora, Oaxaca, and other regions. He was instrumental in significantly expanding operations at the Bolivar Mine in Chihuahua, at Impact Silver's operations in the State of Mexico, at the Nukay (Los Filos) operation in Guerrero, at the Tahuehueto project in Durango, and at Campo Morado in Guerrero. Prior to joining the Company, Mr. Alexandri served as the Chief Operating Officer for IMPACT Silver Corp. and Luca Mining Corp. from 2022 and 2021, respectively, until his resignation immediately prior to his appointment at the Company. In addition, he served as the Chief Operating Officer for Candeleria Mining Corp. from 2016 to 2023 and for Titan Minerals Limited from 2019 to 2020. Over the course of his career, he has led the design and optimization of mining processes and operations across multiple sites in Mexico and South America. Among other leadership roles, he has served as the President of the American Institute of Mining Engineers (Mexico) from 1999 to 2000. Mr. Alexandri received his B.Eng. in Mining Engineering from Universidad de Guanajuanto, Mexico in 1978, and qualified in Business Administration from Universidad de Monterrey in 1984.
There are no family relationships between Mr. Alexandri and any director or executive officer of the Company, and there are no arrangements or understandings between Mr. Alexandri and any other persons pursuant to which he was selected as Chief Operating Officer of the Company. In addition, there are no related party transactions between Mr. Alexandri and the Company that require disclose pursuant to Item 404(a) of Regulation S-K.
Mr. Alexandri and the Company remain in negotiations regarding the terms of his employment.
Item 7.01Regulation FD Disclosure
On April 24, 2025, the Company issued a news release announcing the departure of Mr. Reyes and appointment of Mr. Alexandri. A copy of the news release attached as Exhibit 99.1 to this Current Report on Form 8-K.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any of the Company’s filings or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
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Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are furnished with this report:
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GOLD RESOURCE CORPORATION | |||
Date: April 24, 2025 | By: | /s/ Allen Palmiere | |
Name: | Allen Palmiere | ||
Title: | Chief Executive Officer and President | ||
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