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VanGold Appoints Lisa Dea as CFO

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VanGold Mining Corp. (TSX-V:VGLD) is pleased to announce the appointment of Lisa Dea as its Chief Financial Officer effective April 1, 2021.

 

Lisa Dea:

 

Lisa has previously worked in Mexican mining as CFO of El Tigre Silver Corp. and CFO of Silvermex Resources Inc. (before being acquired by First Majestic Silver Corp. for over $175m). For the last 15 years, she has been instrumental in helping several companies grow from the development stage to large-scale commercial operations. Her career as a public company CFO has included mergers and acquisitions, overseeing debt and capital market activities, directing and growing the finance functions of several TSX, TSXV, and CSE listed companies and overseeing the implementation of financial controls, processes, corporate governance and corporate financing strategies.

 

CEO James Anderson stated: “Lisa joined VanGold on January 1, 2021, as a Senior Financial Consultant to help us though the detailed financial aspects of the El Cubo acquisition. She has quickly demonstrated her experience, attention to detail, and work ethic and has already become a valuable part of our team. We look forward to Lisa’s even greater contribution as CFO as we execute VanGold’s plans for revenue generation later this year from processing mineralized material derived from both our El Pinguico and El Cubo properties.”

 

Lisa is a Chartered Professional Accountant who earned a Bachelor of Commerce degree with a major in Accounting from the University of British Columbia. Lisa also brings 11 years of prior public accounting experience with Deloitte LLP.

 

The Company wishes to thank Mr. Xavier Wenzel of Fehr and Associates for providing CFO services to the company from Oct. 10, 2019 and helping to put the Company on the path to its current success.

 

Closing the El Cubo Acquisition:

 

On March 16, 2021 the Company signed a definitive asset purchase agreement with Endeavour Silver Corp. to acquire the El Cubo mine and mill complex, finalizing the binding letter agreement entered into by VanGold and Endeavour on December 17, 2020. Because of recent delays with Mexican government office closures due to the Easter holiday celebrations, VanGold now anticipates concluding the purchase of the El Cubo Complex from Endeavour in mid-April 2021, with the signing of customary closing documents in both Mexico and Canada.

 

About VanGold Mining Corp.:

 

VanGold Mining is an exploration and development company engaged in reactivating past producing silver and gold mines near the city of Guanajuato, Mexico. The Company’s El Pinguico project is a significant past producer of both silver and gold located just 7 kilometers south of the city. Upon closing of the El Cubo acquisition, the Company will focus on the refurbishment of the El Cubo mill, and swift commencement of production from the combined El Cubo and El Pinguico operation, as well as delineating additional silver and gold resources through underground and surface drilling on its projects located in this 480 year old mining camp.

 

Hernan Dorado Smith, a director of VanGold and a “qualified person” as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, has approved the scientific and technical information contained in this news release.

 

Posted April 1, 2021

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