G Mining Ventures Appoints Naguib Sawiris to its Board of Directors
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) has appointed Naguib Sawiris, founder of La Mancha group, to its Board of Directors, effective October 11, 2024. Sawiris brings extensive experience in supporting growing companies, particularly in the mining sector. He replaces Karim Nasr as La Mancha's representative on the GMIN Board, which will now consist of 10 members.
Sawiris is a manager of La Mancha Holding Sàrl and has a track record of identifying investment opportunities and advising growing businesses. He holds several board positions, including Executive Chairman of Orascom Investment Holding S.A.E. and Chairman of Ora Developers. Sawiris has been instrumental in transforming GMIN from an explorer-developer to an Americas-focused gold producer.
G Mining Ventures Corp. is a mining company focused on acquiring, exploring, and developing precious metal projects. It is currently anchored by the Tocantinzinho Gold Mine in Brazil and Oko West Project in Guyana.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) ha nominato Naguib Sawiris, fondatore del gruppo La Mancha, nel suo Consiglio di Amministrazione, a partire dall'11 ottobre 2024. Sawiris porta con sé una vasta esperienza nel supportare aziende in crescita, in particolare nel settore minerario. Sostituisce Karim Nasr come rappresentante di La Mancha nel Consiglio di GMIN, che ora sarà composto da 10 membri.
Sawiris è un manager di La Mancha Holding Sàrl e ha una lunga carriera nel riconoscere opportunità di investimento e consigliare aziende in crescita. Riveste diverse cariche nel consiglio, incluso il ruolo di Presidente Esecutivo di Orascom Investment Holding S.A.E. e Presidente di Ora Developers. Sawiris è stato fondamentale nella trasformazione di GMIN da esploratore-sviluppatore a produttore di oro focalizzato sulle Americhe.
G Mining Ventures Corp. è un'azienda mineraria focalizzata sull'acquisizione, esplorazione e sviluppo di progetti legati ai metalli preziosi. Attualmente è ancorata alla Miniera d'Oro Tocantinzinho in Brasile e al Progetto Oko West in Guyana.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) ha designado a Naguib Sawiris, fundador del grupo La Mancha, en su Junta Directiva, con efecto a partir del 11 de octubre de 2024. Sawiris aporta una amplia experiencia en el apoyo a empresas en crecimiento, particularmente en el sector minero. Reemplaza a Karim Nasr como representante de La Mancha en la Junta de GMIN, que ahora constará de 10 miembros.
Sawiris es gerente de La Mancha Holding Sàrl y tiene un historial en la identificación de oportunidades de inversión y en la asesoría a empresas en crecimiento. Ocupa varios cargos en la junta, incluyendo el de Presidente Ejecutivo de Orascom Investment Holding S.A.E. y Presidente de Ora Developers. Sawiris ha sido fundamental en la transformación de GMIN de un explorador-desarrollador a un productor de oro centrado en las Américas.
G Mining Ventures Corp. es una empresa minera enfocada en la adquisición, exploración y desarrollo de proyectos de metales preciosos. Actualmente está anclada en la Mina de Oro Tocantinzinho en Brasil y el Proyecto Oko West en Guyana.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF)는 나기브 사위리스를 이사회에 임명하였으며, 이는 2024년 10월 11일부터 효력을 발생합니다. 사위리스는 특히 광업 분야에서 성장하는 기업을 지원하는 폭넓은 경험을 가지고 있습니다. 그는 GMIN 이사회에서 라 만차의 대표로 카림 나스를 대체하게 되며, 이사회는 이제 10명으로 구성됩니다.
사위리스는 라 만차 홀딩 Sàrl의 경영자이며, 투자 기회를 식별하고 성장하는 기업을 자문해온 경력이 있습니다. 그는 Orascom Investment Holding S.A.E.의 전무 의장과 Ora Developers의 의장을 포함한 여러 이사회 직책을 맡고 있습니다. 사위리스는 GMIN을 탐사 개발업체에서 아메리카 초점의 금 생산업체로 변모시키는 데 중요한 역할을 했습니다.
G Mining Ventures Corp.는 귀금속 프로젝트의 인수, 탐사 및 개발에 중점을 둔 광업 회사입니다. 현재 브라질의 Tocantinzinho 금광과 가이아나의 Oko West 프로젝트에 기반하고 있습니다.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) a nommé Naguib Sawiris, fondateur du groupe La Mancha, à son Conseil d'Administration, avec effet à partir du 11 octobre 2024. Sawiris apporte une vaste expérience dans le soutien aux entreprises en croissance, en particulier dans le secteur minier. Il remplace Karim Nasr en tant que représentant de La Mancha au conseil de GMIN, qui comptera désormais 10 membres.
Sawiris est directeur de La Mancha Holding Sàrl et a un parcours impressionnant dans l'identification d'opportunités d'investissement et le conseil aux entreprises en croissance. Il occupe plusieurs postes au conseil, y compris celui de Président Exécutif d'Orascom Investment Holding S.A.E. et Président d'Ora Developers. Sawiris a joué un rôle clé dans la transformation de GMIN d'un développeur-explorateur en producteur d'or axé sur les Amériques.
G Mining Ventures Corp. est une société minière axée sur l'acquisition, l'exploration et le développement de projets de métaux précieux. Elle s'appuie actuellement sur la mine d'or Tocantinzinho au Brésil et le projet Oko West en Guyane.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) hat Naguib Sawiris ernannt, den Gründer der La Mancha-Gruppe, in seinen Vorstand, der am 11. Oktober 2024 in Kraft tritt. Sawiris bringt umfangreiche Erfahrungen in der Unterstützung wachsender Unternehmen mit, insbesondere im Bergbausektor. Er ersetzt Karim Nasr als Vertreter von La Mancha im GMIN-Vorstand, der nun aus 10 Mitgliedern besteht.
Sawiris ist Geschäftsführer der La Mancha Holding Sàrl und hat eine Erfolgsbilanz bei der Identifizierung von Investitionsmöglichkeiten und der Beratung wachsender Unternehmen. Er bekleidet mehrere Vorstandsposten, darunter den des Executive Chairman von Orascom Investment Holding S.A.E. und Vorsitzender von Ora Developers. Sawiris war maßgeblich daran beteiligt, GMIN von einem Explorations- und Entwicklungsunternehmen zu einem auf die Amerikas fokussierten Goldproduzenten zu transformieren.
G Mining Ventures Corp. ist ein Bergbauunternehmen, das sich auf den Erwerb, die Erkundung und die Entwicklung von Edelmetallprojekten konzentriert. Es ist derzeit in der Tocantinzinho-Goldmine in Brasilien und dem Oko-West-Projekt in Guyana verwurzelt.
- Appointment of experienced investor Naguib Sawiris to the Board of Directors
- Sawiris' track record in creating shareholder value in the mining sector
- Expansion of the Board to 10 members, potentially bringing more diverse expertise
- None.
"We welcome Naguib to the G Mining Ventures board," said Louis Gignac Sr., GMIN's Chairman of the Board, "Naguib's extensive experience supporting growing companies, in telecom, real estate and more notably in the mining sector, spans many decades. His role as strategic investor has helped create billions of dollars in shareholder value, and his on-going support of GMIN's vision and strategy has been instrumental in transforming GMIN from explorer-developer to an
In connection with the appointment of Mr. Sawiris, Mr. Karim Nasr has ceased his role as the La Mancha representative on the GMIN Board. The GMIN Board of Directors will consist of 10 members.
Louis Gignac Sr. continued, "GMIN has benefitted from Karim's guidance stemming from his strong business acumen garnered in building strong and sustainable businesses in the telecom and mining industries. We thank Karim for his leadership and service over the past two years."
Mr. Sawiris is a manager of La Mancha Holding Sàrl, which he took private in 2012 with the vision to bring operational efficiency and ambition to a sector dominated by smaller junior companies. In 2015, he took the strategic decision to vend in La Mancha's key publicly listed stakes into two regionally focused junior miners, Evolution Mining and Endeavour Mining, resulting in La Mancha becoming the largest shareholder in each of these companies. In the years that followed, Mr. Sawiris used his Board positions and La Mancha's capital to support each of these companies, supporting the establishment of two multi-billion dollar mid-tier mining companies. Since 2021, La Mancha operates a Luxembourg-based fund, La Mancha Resource Fund SCSp, which focuses on the precious and energy transition metals sectors.
In addition to his role at La Mancha, Mr. Sawiris holds several board positions, including Executive Chairman of Orascom Investment Holding S.A.E. and Chairman of Ora Developers.
He holds a diploma in Mechanical Engineering with a master's in Technical Administration from the Federal Institute of Technology Zurich (ETH). He is also the recipient of numerous honorary degrees, industry awards and civic honours, including the Honor of Commander of the "Légion d'Honneur" (the highest award given by the French Republic for outstanding services rendered to
About G Mining Ventures Corp.
G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) is a mining company engaged in the acquisition, exploration and development of precious metal projects to capitalize on the value uplift from successful mine development. GMIN is well-positioned to grow into the next mid-tier precious metals producer by leveraging strong access to capital and proven development expertise. GMIN is currently anchored by the Tocantinzinho Gold Mine in
Additional Information
For further information on GMIN, please visit the website at www.gmin.gold
About La Mancha and La Mancha Resource Fund SCSp
La Mancha Resource Fund SCSp (the "Fund") is a Luxembourg-based deep value fund focused on investments in the precious and energy transition metals space. The Fund's general partner is La Mancha Capital Management GP S.à r.l. which has delegated investment management over La Mancha's investments to NS Partners S.A., which has further delegated La Mancha's portfolio management to La Mancha Resource Capital LLP. La Mancha Resource Capital LLP is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 978592).
For further information please visit: https://lamancharesourcecapital.com
Additional Information
For further information on La Mancha please visit the website at https://lamancharesourcecapital.com/
Cautionary Statement on Forward-Looking Information
All statements, other than statements of historical fact, contained in this press release constitute "forward-looking information" and "forward-looking statements" within the meaning of certain securities laws and are based on expectations and projections as of the date of this press release. Forward-looking statements contained in this press release include, without limitation, those related to (i) the quoted expectations of GMIN's Chairman of the Board, and (ii) more generally, the sections entitled "About G Mining Ventures Corp." and "About La Mancha Resource Fund SCSp".
Forward-looking statements are based on expectations, estimates and projections as of the time of this press release. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Corporation as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect. Such assumptions include, without limitation, those relating to the price of gold and currency exchange rates, and those underlying the items listed on the above sections entitled "About G Mining Ventures Corp." and "About La Mancha Capital Advisory LLP".
Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that, notably but without limitation, (i) appointing Mr. Sawiris to GMIN's Board of Directors will create shareholder value and will bring GMIN to follow the same path as Evolution Mining and Endeavour Mining, (ii) GMIN will achieve its stated objectives for Tocantinzinho and Oko West, or (iii) GMIN will use TZ and Oko West to grow GMIN into the next intermediate producer, as future events could differ materially from what is currently anticipated by the Corporation. In addition, there can be no assurance that
By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important risk factors and future events could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and those made in the Corporation's other filings with the securities regulators of
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SOURCE G Mining Ventures Corp
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