We would continue to keep a close eye on shares of Discovery Gold Corp (OTCMKTS:DCGD) as the stock continues to trace out some exciting and dramatic trading action on the charts over recent days. To add some flesh onto the bone, the company recently announced it has added Deborah Pace to its team as Director of Investor Relations.
According to the release, “Deborah has over 25 years of journalism, broadcasting, public relations and media relations experience in a variety of settings that include building and nurturing relationships with both internal and external stakeholders. For the past 14 years, Deborah has been a financial journalist with Acuris, and she has previously held various roles in print, radio and television media, as well as in marketing and public relations.”
Discovery Gold Corp (OTCMKTS:DCGD) frames itself as GRN Holding Corporation following a reverse merger that made some serious waves in the cannabis patch several months ago.
This new identity emerged in the clear public light after the company announced that it had added venture and financing industry veteran Justin Costello to its Strategic Advisory Board. In this capacity, Mr. Costello is expected to help guide Cannabis Global Inc.’s strategic planning, investments and partnerships in the rapidly growing cannabis industry.
Mr. Costello is the President and CEO of Discovery Gold Corporation (OTC PINK: DCGD) of Seattle, Washington, a fast growing, publicly traded new entrant into the cannabis marketplace. He also manages and is the CEO of GRN Funds, LLC, a private equity and hedge fund that secures banking resources for small to medium businesses and ancillaries.
“We are excited to have Justin Costello join the Cannabis Global Inc. team. His expertise in strategic planning and venture capital will help our growing company to identify potential acquisition partners and the best sources of capital to allow us to meet our aggressive growth plans in not only the industry hemp sector, but also within other areas of the cannabis industry,” commented Arman Tabatabaei, CEO of the Company. “We welcome Justin to Cannabis Global family.”
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As noted above, DCGD just announced it has added Deborah Pace to its team as Director of Investor Relations.
We’ve witnessed 17% during the past week in terms of shareholder gains in the company. Moreover, the name has benefitted from a jump in recent trading volume to the tune of 15% beyond what we have been seeing over the larger time frame.
“We’re pleased to have Deborah as a solid addition to our team,” said Justin Costello, CEO of the Company. “She brings an extensive amount of communications experience and financial expertise to GRN Holding Corp. and will be a key member of the team tasked with creating new, and building on existing, relationships in a number of areas.”
Regarding the appointment to the Director of Investor Relations position, Ms. Pace said, “I am excited to be joining a hard-working, growth-minded team of executives in such a diversified and growing industry. GRN Holding Corporation is a game-changer at the forefront of a budding industry, and I am looking forward to bringing my skillset to the table to help catapult its growth.”
Earning a current market cap value of $232.3M, DCGD has virtually no cash on the books, which stands against virtually no total current liabilities. The company is pre-revenue at this point. As more color becomes clear on the name, we will review the situation and update our take. Sign-up for continuing coverage on shares of $DCGD stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in $DCGD, either long or short, and we have not been compensated for this article.