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Golden Ridge completes reverse takeover

Golden Ridge Resources Ltd., formerly 88 Capital Corp., said Oct. 18 that it completed a reverse takeover with Golden Ridge Resources Ltd., which holds an option on the 1,700-hectare Hank gold-silver property in British Columbia.

The company will resume trading on the TSX Venture Exchange on Oct. 19 under the ticker GLDN.

Golden Ridge also announced the resignations of CEO Elston Johnston and CFO Anthony Jackson. Jackson and Konstantin Lichtenwald also stepped down from the company's board.

The company appointed Michael Blady as CEO and director, Lawrence Nagy as executive chairman and director and Terese Gieselman as CFO and director. William Lindqvist was also named to Golden Ridge's board.