Members of the board of directors and executive officers for Golden Predator who resigned last month have been or will be reinstated, the company announced Wednesday.

The company said the reinstatements come after Golden Predator successfully negotiated new terms of an outstanding $3.7-million loan with Till Capital, the publicly traded company that controls the majority of Golden Predator’s shares.

The loan was originally agreed to in April 2014 and was related to the purchase of the Brewery Creek property near Dawson City.

Golden Predator has been working to restart gold mining at Brewery Creek.

Returning to the board of directors will be former Yukon Party premier Dennis Fentie, former Yukon NDP government leader Piers McDonald, local mining specialist Jesse Duke and Yukoner Greg Hayes.

Hayes has also been reinstated as the chief financial officer and Janet Lee-Sheriff, a former longtime Yukoner, has been re-appointed as chief executive officer.

Till Capital announced in early August it would be using its majority of shares to take over control of the board of directors at Golden Predator’s annual general meeting Aug. 21.

The board announced its mass resignation that morning, and Till Capital used its majority to reschedule the annual meeting to Sept. 4.

All the reinstatements will be finalized at tomorrow’s board meeting, Golden Predator announced.