SEMAFO’s LaValliere to retire

Dec 07, 2017
Seasoned mining investment banker appointed to head IR and corporate development

SEMAFO, the Canadian gold miner, has announced that IRO Robert LaValliere will be retiring at the end of the year.

To succeed LaValliere, the Toronto-listed firm has appointed a former investment banker. An actuarial science and MBA graduate, John Jentz will undoubtedly leverage his two decades working in corporate finance and M&A in his new role, which oversees corporate development in addition to IR.

The newly appointed IRO reports directly to president and CEO Benoit Desormeaux, according to a company release.

LaValliere joined the firm, which has a secondary listing in Stockholm, in 2012 to head investor relations after long-standing IR and communications roles at Anvil Mining and Cambior. The geologist’s work has been ‘instrumental in developing the corporation's program of transparent communication with the investment community, which helped propel SEMAFO along its growth path,’ the release highlights.

During LaValliere’s tenure, the Saint Laurent, Quebec-based company won the grand prix for best overall investor relations in the small-cap category at the IR Magazine Awards – Canada 2014, an achievement the IRO discussed in an interview with IR Magazine at the time. ‘We try to keep our shareholders well informed: since the beginning of 2013 I would estimate we have met maybe 70 percent of our institutional shareholders,’ he explained.

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