Business
Mexican Gold Announces Organizational and Strategic Updates With Appointment of Dr. Carl Hering, PhD, as CEO and John Anderson as Chairman
THUNDER BAY, Ontario, Sept. 18, 2018 (GLOBE NEWSWIRE) -- MEXICAN GOLD CORP. (TSX-V:MEX) (OTCMKTS:MEXGF) (FRA:4QW1) (“MEX” or the “Company”) announces organizati
About this update from Mexican Gold Mining Corp.
[{"type":"text","content":" THUNDER BAY, Ontario, Sept. 18, 2018 (GLOBE NEWSWIRE) -- MEXICAN GOLD CORP. (TSX-V:MEX) (OTCMKTS:MEXGF) (FRA:4QW1) (“MEX” or the “Company”) announces organizational changes planned to advance its Las Minas Project towards a point of development and further exploration. John Anderson will become the new Chairman of the Company replacing the current Chairman Ali Zamani, who will remain on the Board of Directors. In addition, Carl Hering will be appointed CEO of MEX. Mr. Anderson, a current Director of the Company, will step in as the new Chairman. He has over 20 years of Capital market experience specializing in the resource sector. He has been a founder and financier of many start-up companies with experience on the TSX, NYSE, NASDAQ and London AIM and Swiss Stock Exchange. He was a founder of Deep 6 PLC, American Eagle Oil and Gas as well as a founding general partner in Aquastone Capital LLC, a New York based gold fund. Mr. Anderson has raised more than $35 million for Triumph Gold (formerly Northern Freegold). Prior to this, he worked in Investor Relations at Bema Gold and Corporate Development at Manulife Financial in commercial real estate development. Concurrently, the company has appointed Carl Hering, PhD, to the position of CEO and Director. Dr. Hering is a geologist with extensive experience in the exploration and mining sector. Dr. Hering is an independent consultant and a Director of several public companies. Having over 38 years of worldwide diversified technical and managerial experience in mineral exploration and corporate development, he has experience in all aspects of the mining business, including exploration, from generative to advanced projects, negotiations, acquisition evaluation, mine and corporate valuation, management, strategic planning and new program design and implementation. He was instrumental in two major gold discoveries in Latin America, each exceeding 3 million ounces, and while a director and technical advisor for Brett Resources, he played an integral role in the acquisition and advancement of the Hammond Reef Project in Ontario, which was acquired for $308M by Osisko. Hammond Reef currently contains in excess of 10M ounces of gold. Previously, Carl worked in senior exploration positions for Noranda Exploration (1978 to 1988) - primarily in the western U.S.; Placer Dome Inc....