Lembit Janes
Mr. Janes is a long-time shareholder of Spanish Mountain Gold, currently holding over 50 million shares and has a solid understanding of the company’s development and plans.
With his expertise in finance and governance, and as an investor in mining companies, he is making an immediate contribution to the Board as the company advances the Spanish Mountain Gold project.
Currently Mr. Janes is a trustee and the largest unitholder in the publicly traded trust, SIR Royalty Income Fund. He was instrumental in stopping a proposed going- private transaction at $3.55 per unit in early 2021 and was ultimately appointed to the board of trustees where he helped restore regular monthly distributions. The trust unit value is now over $15.
His work career comprised 39 years at Janes Family Foods, where he was Chair and CEO. Under Mr. Janes’ leadership, the business became one of Canada’s leading frozen food brands and was ultimately sold in 2012.
Mr. Janes is a philanthropist and has sat on numerous industry and charitable boards over the years. He is a resident of Toronto, with an undergraduate degree from McGill University and a MBA from York University.
