About Scott, i may be wrong, but I believe he was ousted as CEO in 2016 (I can't seemed to find a PR on ihub news stream) and in Feb, he is resigned from the board as a director.
On Shinning tree property claims sale in February, cut and pasted the PR below.
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In consideration for the claims, Shining Tree will receive a 10-year Net Smelter Returns Royalty, at 3% for the first 200,000 ounces of gold and 2% thereafter. During the term of the Net Smelter Returns Royalty, if Green Swan files a NI43-101 compliance resource estimate of at least one million ounces of gold grading at least 2 grams of gold per tonne, Green Swan will at that time make a one-time payment of USD$250,000 to Shining Tree
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“The Shining Tree gold project was an unfortunate failure in the company’s past. When I joined the Company Board, the Board told shareholders we would clean up the Company’s past and build value for the shareholders. Today’s announcement is another step in that process” said Otto Pichler, Director.
“Shining Tree’s gold project is another example of the Company not successfully building shareholder value in the past. After the failure to complete the Shining Tree Spinout announced in March of 2011, the failed Shining Tree Private placement announced in April of 2012 and the failed acquisition of the Shining Tree properties by Canada Resources PLC in April 2014, these assets were left largely dormant. Further, these mining claims were placed on “Special Status” by the Ontario Ministry of Northern Development and Mining due to the Company failing to carry out good Corporate Social Responsibility and Community Engagement," Stated Dan Byrnes, President and interim CFO of the Company. “With the new Board of Directors strong emphasis on building shareholder value and the complicated issues facing these claims, I believe the sale of these claims provides the best opportunity to create medium and long-term value for the Company shareholders without risking significant additional capital” added Mr. Byrnes.
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