Electrum Discovery Corp. announced that concurrently with the completion of the transaction i.e. reverse takeover of Medgold by Balkan Metals Corp. along with completion of a concurrent non-brokered private placement a 16-1 share consolidation and name change, the following individuals were appointed as directors or officers of the company: Dr. Elena Clarici as CEO.

Also concurrently with the completion of the Transaction, Jeremy Crozier resigned as CEO.