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Home Corporate finance

Visionary Strengthens Board of Directors and Management Team

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December 1, 2020
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VANCOUVER, British Columbia – TheNewswire – December 1st, 2020 – Visionary Gold Corp (“Visionary,” or the “Firm“) (TSXV:VIZ) is happy to announce that Wes Adams will grow to be its new Chief Govt Officer, succeeding John Kanderka, who will stay with Visionary in a brand new function as Chairman of the Board of Administrators. Visionary can also be happy to announce the additions of Robert Doyle because the Firm’s CFO and William Van Horne as Company Secretary.

Visionary CEO Wes Adams feedback: “I’m extraordinarily grateful for the chance to guide Visionary Gold Corp and to be working alongside Mr. Doyle and Mr. Van Horne, as each carry a excessive stage of expertise, credibility and professionalism to our staff. Underneath the steering of our new Chairman, John Kanderka, and administrators Marc Blythe and Darren Lindsay, we’re poised to start creating worth for our shareholders. We’re all very excited in regards to the Wolf Gold Venture and the chance it presents to develop a drill prepared gold prospect within the protected and confirmed mining jurisdiction of Wyoming, the place I’ve in depth expertise.”

Abstract New Additions:

CEO, Director Wes Adams

A 3rd era Mining Govt, Mr. Adams has spent his profession working solely within the treasured metals mining and power industries in each operational and administration roles. He began his profession in Guyana, South America as operations supervisor for a privately-owned gold exploration firm that found and developed the multi-million ounce Toroparu Deposit. After a profitable reverse take-over, he joined Sandspring Assets (now Gold X Mining) and assisted in elevating practically $100 million of public fairness capital for the corporate. In 2014, he moved to the Powder River Basin of Wyoming and based an oil and fuel providers firm referred to as Vitality Fuels Environmental, which he bought to a serious midstream power firm in 2017.

CFO Robert Doyle

Mr. Doyle is a Chartered Skilled Accountant, Chartered Accountant (1983) and is Sr. VP at Pacific Alternative Capital Ltd., an organization specializing in offering administration and monetary consulting providers to private and non-private firms. Bob has greater than 30 years expertise in mergers & acquisitions for succession planning in Canada and the USA and holds Bachelor of Science and Licentiate of Accounting levels from the College of British Columbia and articled with Touche Ross & Co, now Deloitte LLP.

Company Secretary William Van Horne

Mr. Van Horne is a member of the Legislation Societies of Alberta and Ontario with 17 years of expertise in company governance, company finance, mergers and acquisitions and securities regulation. He’s presently a member of the Alberta and Nationwide Advisory Committees of the TSX Enterprise Trade and acts as a director or officer of a number of non-public and public firms.

Chairman of the Board of Administrators John Kanderka

Mr. Kanderka has 40 years of expertise within the minerals and oil and fuel sectors. His company expertise spans appearing as an officer and as a director for each non-public and public firms in numerous roles, together with strategic planning, company finance, administration and administration. He has been an organization founder and firm builder with a wide selection of expertise in asset buy and sale transactions, mergers, buyouts, and reorganizations.

Wes Adams, Chief Govt Officer, feedback: “With the staff now strengthened, we’re able to get to work. Please keep tuned for updates on our new firm and progress on the Wolf Gold Venture.”

Visionary and its frequent shares as beforehand introduced at the moment are buying and selling underneath the image “VIZ” as of market open on November 30, 2020. Visionary’s new CUSIP quantity is 92838A102 and its new ISIN is CA92838A1021.

Moreover, Visionary is granting 2,995,000 choices together with 1,900,000 choices to insiders and 200,000 to an investor relations consulting agency at an train worth of $0.085 CDN per Possibility. Choices vest as to 25% on every of the date of grant and the three, six and 9 month anniversaries of the grant date. The Choices expire on November 20, 2022.

Visionary Gold Corp, (TSXV:VIZ) is a treasured metals targeted, mineral exploration firm based mostly in Vancouver, Canada, with operations in Wyoming, USA. The Firm is presently targeted on the Wolf Gold Venture, in Fremont County Wyoming, USA. For extra info, please go to the Firm’s web site at:

http://www.visionarygoldcorp.com/

Contact:

Wes Adams, Chief Govt Officer

Visionary Gold Corp.

410-325 Howe Avenue

Vancouver, BC V6C 1Z7

Tel: (303) 809-4668

Disclaimer for Ahead-Trying Data

Sure info set forth on this information launch could comprise forward-looking statements that contain substantial identified and unknown dangers and uncertainties, sure of that are past the management of the Firm. Ahead-looking statements are continuously characterised by phrases comparable to “plan”, “proceed”, “anticipate”, “venture”, “intend”, “consider”, “anticipate”, “estimate”, “could”, “will”, “potential”, “proposed” and different related phrases, or statements that sure occasions or circumstances “could” or “will” happen. Ahead-looking statements on this press launch embrace the Firm’s exploration and improvement plans. Ahead-looking statements are essentially based mostly on numerous estimates and assumptions that, whereas thought of cheap, are topic to identified and unknown dangers, uncertainties and different components which can trigger precise outcomes and future occasions to vary materially from these expressed or implied by such forward-looking statements. Such components embrace, however aren’t restricted to: capital and working prices various considerably from administration estimates; the preliminary nature of metallurgical check outcomes; delays in acquiring or failures to acquire required governmental, environmental or different venture approvals; uncertainties referring to the supply and prices of financing wanted sooner or later; inflation; fluctuations in commodity costs; delays within the improvement of initiatives; and the opposite dangers concerned within the mineral exploration and improvement trade usually. Though the Firm believes that the assumptions and components utilized in getting ready the forward-looking statements are cheap, undue reliance shouldn’t be positioned on these statements, which solely apply as of the date of this information launch, and no assurance may be provided that such occasions will happen within the disclosed time frames or in any respect. Besides the place required by regulation, the Firm disclaims any intention or obligation to replace or revise any forward-looking assertion, whether or not because of new info, future occasions, or in any other case.

Neither the TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.



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