Contact:
LODE (Switzerland) AG
Ray Torresan
+33 06 75 88 95 63 rayt@lodeone
Release Date:
May 23, 2023
FOR IMMEDIATE RELEASE
Financier Richard Groome and Retired T. Rowe Price Senior Executive R. Todd Ruppert Join LODE (Switzerland) AG
Groome becomes CEO of mining subsidiary, Ruppert joins Advisory Team
BRADENTON, FLORIDA – Veteran Canadian financier Richard Groome has been appointed CEO of the newly founded LODE Mining Corporation, a wholly owned subsidiary of LODE (Switzerland) AG, effective immediately He is backed up by a world-class team, including R Todd Ruppert, who recently joined the LODE (Switzerland) AG advisory team that will work with Mr Groome
LODE is a digital monetary system making physical silver and gold globally accessible for spending, saving, and trading. The mining group will be responsible for creating a secure supply of gold and silver to create asset-backed tokens.
LODE Mining has been formed to support smaller miners in Mexico, providing much-needed capital and technology, while creating a new, highly efficient supply chain for silver and gold production in Mexico.
“After conducting research and spending significant time in Mexico visiting small mining operations first-hand, I was astounded by how much value can be created through simple upgrades and improved processes,” said Groome “This will drive value for our shareholders, and it will also create more prosperity for the small mining communities in Mexico It’s win-win”
Mr. Groome has successfully started two leading securities firms from scratch and completed over 600 financings, raising over $4 billion. He has also sat on over 30 boards, providing valuable insights and guidance to emerging growth companies.
In addition to heading up LODE Mining, Mr. Groome will play a key role in LODE (Switzerland) AG's strategy to rollout out the LODE monetary system internationally.
R. Todd Ruppert is the founder and CEO of Ruppert International, a firm with diversified interests globally in various fields. He has 40 years of experience in the financial services industry. Mr. Ruppert retired from T. Rowe Price, the global asset management firm with over $1.0 trillion under management, where he was CEO and president of T. Rowe Price Global Investment Services.
“There is an increasing need for digital currencies to help the unbanked and hyperinflation-oppressed people of the world I look forward to working with Richard and his team to make LODE the world’s leading alternative to traditional currencies,” said Ruppert
About LODE Mining
LODE Mining Corporation is empowering licensed small mining operations and enabling access to a new, highly efficient, eco-friendly supply chain for silver and gold production The operations will be optimized with new technologies By centralizing these operations, LODE Mining will become a key producer of Mexico’s silver and gold.
About LODE (Switzerland) AG
LODE (Switzerland) AG is the world’s first global, private, non-rules-based digital precious metals-backed monetary system. The Mine to Mobile Web3 monetary system is intelligently designed for the worlds 2 0+ billion unbanked people enabling digital and financial inclusion for storing wealth, settling trade and commerce, and social and economic enhancement.
Learn more at: lodeone