Viking Gold announces changes to its Board of Directors
/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES/
TORONTO, April 8, 2014 /CNW/ - Viking Gold Exploration Inc. (TSX-V: VGC), the "Company" or "Viking Gold", is pleased to announce that the Company's Board of Directors has appointed three new directors. The newly appointed directors are Messrs. Jonathan George, John McCleery and Simon Meredith.
Biographies of Newly Appointed Directors
Mr. Jonathan George is a consulting geologist and entrepreneur, involved in international mineral exploration and development for over 25 years. Jonathan has raised more than $60 million for projects throughout the world. As the past President and CEO of Alpha Minerals Inc. (formerly ESO Uranium), he was instrumental in assembling one of the largest land packages in the Athabasca Basin, Saskatchewan. Alpha and its partner Fission Energy have recently made one of the most significant uranium discoveries in recent history on their Patterson Lake South joint venture. Jonathan was the President and Co-founder of Creston Moly Corp, which acquired Mexico's largest molybdenum deposit. Creston merged with Mercator Minerals in 2011 in a transaction valued at more than $176 million. Jonathan George is also a director of Tosca Mining Corporation.
Mr. John McCleery is a private businessman who has raised in excess of $50 million in capital for public companies in various stages of development, exploration and commercialization. For the last 25 years, John has been the catalyst for various start-up companies and he has taken many private and public businesses to full implementation and commercialization. John was a founding director of Creston Moly Corp in 2000, growing the business to develop the largest molybdenum deposit in all of Mexico and facilitating a $40+ million financing to drive the business forward. More recently, he participated in a multi-million dollar merger with Tenajon Resources. John McCleery is also the President & CEO and a director of Pedro Resources Ltd.
Mr. Simon Meredith, FCA-UK, is an experienced accounting executive with more than 25 years of experience in strategic financial management for multiple industries. Simon specializes in working with venture companies listed on both the Toronto Venture and Bermuda Exchanges. He understands acquisitions, mergers and divestitures, banking and investor relations, and the creation of sound financial infrastructures to support the ongoing movements of emerging and established businesses alike. Simon Meredith will assume the role of Chairman of the Company's Audit Committee.
In connection with their appointment to Viking Gold's Board of Directors, each of the new directors was conditionally issued 250,000 common shares of the Company, subject to receiving the required approval of the TSX Venture Exchange.
The Board has accepted the resignations of Messrs. David Brace, Garfield Mitchell and Larry Smith and wishes to thank these gentlemen for their many years of dedicated service to Viking Gold.
About Viking Gold
Viking Gold Exploration Inc. is a gold-focused, Canadian mineral exploration company. It is a reporting issuer in the Provinces of Ontario, Newfoundland and Labrador, British Columbia and Alberta.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
SOURCE Viking Gold Exploration Inc.For further information: Mark Edwards, CEO at (905) 752-2008 or visit the Company's website at: www.vikinggold.ca