Lindsey Rix-Broom appointed CEO, Europe of Great-West Lifeco Français
WINNIPEG, MB, May 22, 2025 /CNW/ - Today, Great-West Lifeco Inc. ("Lifeco" or "the company") announced Lindsey Rix-Broom, currently CEO of Canada Life U.K., has been appointed CEO, Europe, effective July 1, 2025. This follows the previously announced appointment of David Harney, currently President & COO, Europe and Capital & Risk Solutions, as President & CEO, Great-West Lifeco and Canada Life, effective July 1, 2025.
Lindsey will report directly to Lifeco's President & CEO and join the Lifeco Executive Management Committee. She will continue to lead Canada Life U.K. until a successor is appointed, ensuring a smooth transition and continued momentum.
Lindsey is a recognized industry executive with 25 years of leadership experience. As the CEO of Canada Life U.K., she's brought strong focus and ambition, delivering on strategic priorities to simplify, modernize, and grow the business. She's spearheaded substantial growth across key business lines, capitalized on a significant market opportunity within the U.K. Bulk Purchase Annuity sector, unlocked significant value from the balance sheet, and led major modernization efforts across operations and technology.
"Lindsey's skill, leadership, commercial acumen, and customer focus have created strong momentum in our U.K. business, and I know she'll bring the same disciplined approach to this role leading our European business segment," said David Harney, Incoming President & CEO, Great-West Lifeco and Canada Life. "I look forward to working closely with Lindsey as we advance Lifeco's strategy in Europe."
"Lindsey is a proven leader who has demonstrated her ability to deliver sustainable growth and value," said Paul Mahon, President & CEO, Great-West Lifeco and Canada Life. "With these changes, David Harney has a strong and experienced team to execute against Lifeco's ambitions as he takes on the leadership of the company."
"I'm excited about the opportunity to work alongside our leaders across Europe to expand our presence and impact for customers in the U.K., Ireland, and Germany," said Lindsey Rix-Broom, Incoming CEO, Europe.
"We have focused strategies, strong teams, and a culture of excellence when it comes to delivering for our customers. I look forward to continuing to build upon Lifeco's momentum established under David Harney."
Lindsey's biography is available here.
About Great-West Lifeco Inc.
Great-West Lifeco is a financial services holding company focused on building stronger, more inclusive and financially secure futures. We operate in Canada, the United States and Europe under the brands Canada Life, Empower and Irish Life. Together we provide wealth, retirement, workplace benefits and insurance and risk solutions to our over 40 million customer relationships. As of December 31, 2024, Great-West Lifeco's total client assets exceeded $3 trillion. Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies.
SOURCE Great-West Lifeco Inc.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
42 minutes ago
- CTV News
Base metal and telecom stocks help S&P/TSX composite rise more than 100 points
TORONTO — Canada's main stock index gained more than 100 points in late-morning trading on strength in the base metal and telecommunication sectors, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 104.37 points at 27,879.60. In New York, the Dow Jones industrial average was up 445.57 points at 44,420.66. The S&P 500 index was up 53.28 points at 6,426.73, while the Nasdaq composite was up 208.56 points at 21,593.96. The Canadian dollar traded for 72.65 cents US compared with 72.54 cents US on Monday. The September crude oil contract was down 17 cents US at US$63.79 per barrel. The December gold contract was down US$13.50 at US$3,391.20 an ounce. --- This report by The Canadian Press was first published Aug. 12, 2025.
Cision Canada
an hour ago
- Cision Canada
Argenta Silver Announces Closing of Bought Deal Private Placement for Gross Proceeds of C$15 Million
TSX-V:AGAG VANCOUVER, BC, Aug. 12, 2025 /CNW/ - Argenta Silver Corp. (TSXV: AGAG) (FSE: T1K) (" Argenta" or the " Company") is pleased to announce the closing of its previously announced "bought deal" private placement (the " Offering") for gross proceeds of C$15,000,000, which includes the exercise in full of the over-allotment option. Pursuant to the Offering, the Company sold 37,500,000 units of the Company (each, a " Unit") at a price of C$0.40 per Unit (the " Offering Price"). Red Cloud Securities Inc. (" Red Cloud") acted as sole underwriter and bookrunner under the Offering. Each Unit consists of one common share of the Company (each, a " Common Share") and one-half of one transferable common share purchase warrant (each whole warrant, a " Warrant"). Each whole Warrant entitles the holder to purchase one Common Share (each, a " Warrant Share") at a price of C$0.60 at any time on or before August 12, 2028. The Company intends to use the net proceeds from the Offering for the exploration and advancement of the Company's 100% owned El Quevar Project in Salta Province, Argentina as well as for working capital and general corporate purposes. As consideration for their services under the Offering, Red Cloud received aggregate cash fees of C$801,180 and 2,002,950 non-transferable common share purchase warrants (the " Broker Warrants"). Each Broker Warrant is exercisable into one Common Share at the Offering Price at any time on or before August 12, 2028. The closing of the Offering remains subject to the final approval of the TSX Venture Exchange (the " TSX-V"). The securities issued pursuant to the Offering are subject to a hold period in accordance with applicable Canadian securities law, expiring four months and one day following the issue date, being December 13, 2025. Early Warning The Company further announces that Mr. Frank Giustra acquired ownership of 450,000 Units of the Company pursuant to the Offering, representing 450,000 Common Shares and 225,000 Warrants. As reported in the last early warning report filed on January 29, 2025, Mr. Giustra had indirect ownership and/or control over an aggregate of 25,540,000 Common Shares and 3,425,000 common share purchase warrants of the Company, representing 15.09% of the outstanding Common Shares and 16.78% on a partially diluted basis, assuming the exercise of 3,425,000 warrants. Mr. Giustra now has indirect ownership and/or control over an aggregate of 27,490,000 Common Shares and 3,650,000 common share purchase warrants of the Company, representing, as a result of the dilution from the Offering and various exercises of convertible securities, a decrease to 11.34% of the outstanding Common Shares and 12.66% on a partially diluted basis, assuming the exercise of 3,650,000 warrants. Mr. Giustra acquired the above-mentioned securities for investment purposes, and may in the future acquire or dispose of securities of the Company, through the market, privately or otherwise, as circumstances or market conditions warrant. A copy of the Early Warning Report filed by Mr. Giustra may be obtained from the Company's SEDAR profile. Certain insiders of the Company subscribed for a total of 666,000 Units which constitutes a "related party transaction" for the purposes of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (" MI 61-101"). The Company is exempt from the requirements to obtain a formal valuation or minority shareholder approval in reliance on sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities issued to the Insiders nor the fair market value of the consideration for the securities issued to the Insiders exceeds 25% of the Company's market capitalization as calculated in accordance with MI 61-101. The Company did not file a material change report containing all of the disclosure required by MI 61-101 more than 21 days before the expected closing date of the offerings as the aforementioned insider participation had not been confirmed at that time and the Company wished to close the offerings as expeditiously as possible. About the El Quevar Project The El Quevar Project is located in Salta, Argentina and spans an area of 57,000 hectares. The property remains underexplored with less than 3% of the area covered with comprehensive exploration work. The property boasts exceptional infrastructure with over 60 km of internal roads, a fully owned, fully operational camp for 100 workers with multiple support buildings, and a railroad, gas pipeline and service road just 3 km from camp, while a high–voltage transmission line lies approximately 20 km from the exploration area. The robust infrastructure associated with the project provides a cost-effective platform to de–risk and accelerate future drilling and development. The foundational Mineral Resource Estimate of the Yaxtché deposit boasts an indicated mineral resource of 45.3 million ounces of silver from 2.93 million tonnes grading 482 g/t Ag, and an inferred resource of 4.1 million ounces from 0.31 million tonnes grading 417 g/t Ag (1). The mineral resource area remains open at depth and in multiple directions, particularly to the southeast and northwest. One of the objectives of the ongoing 2025 Winter Drilling Program is to specifically target and expand these high-grade Yaxtché zones. The mineralization at the Yaxtché deposit is defined as a silver rich, high to intermediate-sulphidation epithermal system with associated gold. Mineralization is controlled by NW-SE and NE-SW fault structures and is mainly hosted in brecciated zones and dacite domes. Silver minerals at Yaxtché consist of complex silver sulphides, sulphosalts and native silver. These minerals are found within silicified breccias, commonly appearing as veinlets, stockworks, disseminations, and breccia fillings. Qualified Person Rob van Egmond, a "qualified person" as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release. Rob van Egmond, has visited the El Quevar Project and is not independent of the Company. (1) Refer to NI43-101 technical report with effective date of September 30, 2024, titled "NI 43-101 Technical Report on the Mineral Resource Estimate of the El Quevar Project Salta Province, Argentina", posted on under Argenta Silver Corp. About Argenta Silver Corp. Argenta Silver Corp. is a silver exploration company committed to (or- "focused on") advancing projects that support the global energy transition. Our mission is to create sustainable, long-term value for shareholders by acquiring and developing high-potential silver assets in mining-friendly jurisdictions across Latin America. Led by an experienced management team with deep expertise in exploration, finance, and project development, Argenta emphasizes responsible mining practices and is well-positioned to meet the rising demand for silver — a critical metal in renewable energy and emerging technologies. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities referred to in this news release have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act"); or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. On behalf of Argenta Silver Corp. "Joaquín Marias" President and Chief Executive Officer Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward Looking Information Certain statements and information herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward looking information in this news release includes, but is not limited to, the intended use of proceeds of the Offering and the final approval of the Offering and Pro Rata Investment by the TSX-V. Although management of the Company believe that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These risk factors include, but are not limited to: exploration and development of the El Quevar project may not result in any commercially successful outcome for the Company; risks associated with the business of the Company; business and economic conditions in the mining industry generally; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting mining concessions); and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. SOURCE Argenta Silver Corp.
Cision Canada
an hour ago
- Cision Canada
Undervalued Gold Equities Poised for a Breakout
VANCOUVER, BC, Aug. 12, 2025 /CNW/ -- Late last week as global equities rose, U.S. gold futures hit a record high. This week, despite a pullback on Monday, experts continue to see more optimism to come in gold. Now, even though gold miners earned double the profits of 2011, the last year the market saw such sector momentum as now, analysts are claiming that gold equities are still undervalued. Looking ahead, the market is looking at the miners making moves, from explorers to producers, with recent traction gaining around Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Contango Ore, Inc. (NYSE-American: CTGO), Jaguar Mining Inc. (TSX: JAG) (OTCQX: JAGGF), B2Gold Corp. (NYSE-American: BTG) (TSX: BTO), and Orla Mining Ltd. (NYSE-American: ORLA) (TSX: OLA). When looking at the overall trends, one signal worth looking at is the Sprott Gold Miners ETF (SGDM) which is up over 70% so far this year, confirming the yellow metal's momentum with more upside to come. However, one odd aspect is how despite all this, S&P Global Commodity Insights reported how the gold rush has yet to translate into sparking new exploration. As the precious metal continues to stay safely above the US$3,300 per ounce price point, several analysts believe in forecasts for a US$4,00 price target. Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) is moving closer to its goal of becoming Tanzania's next gold producer, as construction at Nyati Resources' processing plant enters the final stretch. Commissioning is expected to begin within the next four to six weeks, marking a key milestone in LVG's plan to bring both its Tembo and Imwelo projects into production. The Nyati facility, located on one of LVG's Tembo licences which is directly adjacent to Barrick's massive Bulyanhulu Mine, already hosts a fully licensed 120 tonne-per-day (tpd) carbon-in-pulp (CIP) circuit. A second, much larger 500+ tpd line is nearing completion, which will lift total capacity beyond 600 tpd. The plant build includes dual regrind mills, extended leach circuits, and high-capacity leach tanks, supported by grid power with backup generation. Tailings facilities, on-site labs, and administrative infrastructure are in place, providing a turnkey processing solution with scalability in mind. David Scott, Managing Director Tanzania & Director of Lake Victoria Gold, recently visited the site and noted the completeness of the build. "It was impressive to see the scale and quality of construction firsthand," said Scott. "The Nyati team has delivered a well-engineered plant with strong attention to detail across all critical circuits. With commissioning just weeks away, the site is clearly in the final stages of readiness. This facility will play a key role in enabling our development strategy at Tembo and beyond." LVG is in the advanced stages of finalizing a binding toll milling agreement with Nyati that would secure exclusive processing rights for Tembo ore, alongside terms for capital participation and profit sharing. Low-grade commissioning stockpiles are already on the ROM pad, with systems undergoing dry testing ahead of startup. This processing readiness comes as LVG advances a 7,750m drill program at Area C within its fully permitted Imwelo Gold Project, just 12 km from AngloGold Ashanti's Geita mine. The program is split between 3,750m of infill drilling for mine planning and 4,000m of step-outs to test mineralized extensions. Past results, including 6.8m at 14.6 g/t gold from 33m and 7m at 3.22 g/t from 27m, support Area C's role as the initial mining pit. "We've designed this program to maximize Imwelo's short-term production readiness while extending the upside case," said Marc Cernovitch, President and CEO of Lake Victoria Gold. "The drill data will help us finalize early mine scheduling, validate pit design, and potentially unlock high-grade extensions. With Area C now fully defined as our initial production zone, we're making meaningful progress toward becoming Tanzania's next gold producer." In parallel, 3,000m of drilling is planned at Ngula 1 on the Tembo Project, following up on prior hits such as 28.57 g/t over 3m from 54m and 17.23 g/t over 4m from 19m. The objective is to outline shallow, high-grade zones that could feed the Nyati plant early, potentially generating cash flow ahead of full-scale Imwelo development. Backing this dual-track strategy is exposure to a potential US$45 million in milestone payments from the company's 2021 asset sale to Barrick's Bulyanhulu operation. Financially, LVG also recently announced a non-brokered LIFE private placement of up to C$6 million, with an additional concurrent placement of up to C$1.5 million. Proceeds are earmarked for development and exploration at Tembo and Imwelo, and for working capital. With construction, drilling, and funding all advancing, LVG is building the operational platform to transition from explorer to producer in a rising gold market. In other industry developments and happenings in the market include: Contango Ore, Inc. (NYSE-American: CTGO) reported gold production of 13,254 ounces for the quarter ended June 30, 2025, from its Manh Choh Mine in Alaska. The company also shipped 13,069 ounces during the quarter, generating significant cash flow. Management noted steady operations as it advances toward long-term production goals. "Mining operations at Manh Choh are progressing as planned," said Rick Van Nieuwenhuyse, President and CEO of Contango. "Guidance for our 30% share of the Peak Gold JV's 2025 production remains at 60,000 ounces of gold, with life-of-mine ("LOM") average annual production expected to be 58,750 ounces of gold per year to 2029 and AISC estimated at $1,400 per ounce of gold sold. In addition, as previously reported, the Company received $54 million in cash distributions in the first half of 2025, and expect total cash distributions for 2025 from the Peak Gold JV to be in excess of $95 million, assuming a $3,100 per ounce spot gold price for the remainder of 2025." Jaguar Mining Inc. (TSX: JAG) (OTCQX: JAGGF) has received federal authorization to begin preparatory work at its Turmalina Mine in Brazil. This approval allows the company to proceed with critical expansion and operational upgrades. "This is an important milestone in our ongoing, structured process," said Luis Albano Tondo, CEO of Jaguar. "With the preparatory activities in the mine underway and following the completion and independent confirmation of the Satinoco rehabilitation, we expect ANM will lift the remaining suspensions, allowing for the safe and full resumption of mining operations." The move supports Jaguar's plan to boost output while maintaining environmental and regulatory compliance. B2Gold Corp. (NYSE-American: BTG) (TSX: BTO) recently posted Q2 2025 revenue of $566 million , with gold production totaling 236,469 ounces from its Fekola, Masbate, and Otjikoto mines. The company maintained its 2025 production guidance, reflecting confidence in operational performance and mine output for the remainder of the year. Operating cash flow for the quarter was strong, supporting ongoing investment in growth initiatives. B2Gold continues to advance exploration and development programs aimed at expanding resources and extending mine life. Management emphasized that the company's diversified asset base positions it well for long-term stability and growth. Orla Mining Ltd. (NYSE-American: ORLA) (TSX: OLA) has reported new drill results from Zone 22 at its Camino Rojo Project in Mexico, highlighting potential to expand both oxide and sulphide resources. Recent intercepts include 1.85 g/t gold over 121.5m and 0.95 g/t gold over 92.9m, with mineralization extending below the current oxide pit. "The Zone 22 Infill Program has delivered consistent high-grade results, strengthening our resource model and reinforcing Zone 22 as key to Camino Rojo's underground potential," said Sylvain Guerard, Senior Vice President, Exploration, for Orla Mining. "With mineralization still open, we see strong upside for further growth." The company plans further drilling in the second half of 2025 to target additional growth opportunities in the deposit. DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for media corp, who has been paid a fee for an advertising from a shareholder of the Company (333,333 unrestricted shares). MIQ has not been paid a fee for Lake Victoria Gold Ltd. advertising or digital media, but the owner/operators of MIQ also co-owns Media Corp. ("BAY") There may also be 3rd parties who may have shares of Lake Victoria Gold Ltd. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ/BAY own shares of Lake Victoria Gold Ltd and reserve the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by Lake Victoria Gold Ltd. Technical information relating to Lake Victoria Gold Ltd. has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a registered member of the South African Council for Natural Scientific Professions (SACNASP) and is a Director of Lake Victoria Gold Ltd., and therefore is not independent of the Company; this is a paid advertisement, we currently own shares of Lake Victoria Gold Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
