Snowline Gold Announces Expansion of Leadership Team with Appointment of VP Engineering and Transition of Chief Financial Officer
Snowline Gold (TSX-V:SGD)(OTC:SNWGF) has announced key leadership changes with the appointment of Victor Vdovin as Vice President of Engineering and Lauren McDougall as Chief Financial Officer. McDougall will replace Matthew Roma, who will depart on May 4th, 2025, but continue as a consultant during the transition period.
Vdovin brings over 20 years of engineering experience from positions at Newmont, Goldcorp, and Centerra, holding an MSc in Applied Geotechnics and an MBA. McDougall, a CPA with 15 years of mining industry experience, previously served as CFO at NorthWest Copper Corp.
The company has awarded 175,000 restricted share units (RSUs) to officers, vesting over three years, and granted 300,000 stock options exercisable at $8.29 per share over five years with 2.5-year vesting.
Snowline Gold (TSX-V:SGD)(OTC:SNWGF) ha annunciato importanti cambiamenti nella leadership con la nomina di Victor Vdovin come Vice Presidente dell'Ingegneria e Lauren McDougall come Direttore Finanziario. McDougall sostituirà Matthew Roma, che lascerà il suo incarico il 4 maggio 2025, ma continuerà come consulente durante il periodo di transizione.
Vdovin porta con sé oltre 20 anni di esperienza ingegneristica da posizioni ricoperte in Newmont, Goldcorp e Centerra, possedendo un MSc in Geotecnica Applicata e un MBA. McDougall, un CPA con 15 anni di esperienza nell'industria mineraria, ha precedentemente ricoperto il ruolo di CFO presso NorthWest Copper Corp.
L'azienda ha assegnato 175.000 unità di azioni riservate (RSU) agli ufficiali, che matureranno in tre anni, e ha concesso 300.000 opzioni su azioni esercitabili a $8,29 per azione nell'arco di cinque anni con un periodo di maturazione di 2,5 anni.
Snowline Gold (TSX-V:SGD)(OTC:SNWGF) ha anunciado cambios clave en el liderazgo con el nombramiento de Victor Vdovin como Vicepresidente de Ingeniería y Lauren McDougall como Directora Financiera. McDougall reemplazará a Matthew Roma, quien dejará su cargo el 4 de mayo de 2025, pero continuará como consultor durante el período de transición.
Vdovin aporta más de 20 años de experiencia en ingeniería de puestos en Newmont, Goldcorp y Centerra, y posee una Maestría en Geotecnia Aplicada y un MBA. McDougall, CPA con 15 años de experiencia en la industria minera, anteriormente se desempeñó como CFO en NorthWest Copper Corp.
La empresa ha otorgado 175,000 unidades de acciones restringidas (RSUs) a los funcionarios, que se consolidarán en tres años, y ha concedido 300,000 opciones sobre acciones que se pueden ejercer a $8.29 por acción durante cinco años con un período de consolidación de 2.5 años.
Snowline Gold (TSX-V:SGD)(OTC:SNWGF)는 Victor Vdovin을 엔지니어링 부사장으로, Lauren McDougall을 최고재무책임자(CFO)로 임명하며 주요 리더십 변화를 발표했습니다. McDougall은 2025년 5월 4일에 퇴사할 Matthew Roma를 대신하게 되며, 전환 기간 동안 컨설턴트로 계속 활동할 예정입니다.
Vdovin은 Newmont, Goldcorp 및 Centerra에서의 경력을 통해 20년 이상의 엔지니어링 경험을 보유하고 있으며, 응용 지반공학 석사 및 MBA를 가지고 있습니다. McDougall은 15년의 광업 경험을 가진 CPA로, 이전에는 NorthWest Copper Corp.에서 CFO로 재직했습니다.
회사는 임원들에게 175,000개의 제한 주식 단위(RSU)를 부여하였으며, 이는 3년 동안 분할되어 지급됩니다. 또한, 5년 동안 주당 $8.29에 행사 가능한 300,000개의 주식 옵션도 부여하였으며, 2.5년의 분할 기간이 있습니다.
Snowline Gold (TSX-V:SGD)(OTC:SNWGF) a annoncé des changements clés au sein de la direction avec la nomination de Victor Vdovin au poste de vice-président de l'ingénierie et de Lauren McDougall au poste de directrice financière. McDougall remplacera Matthew Roma, qui quittera son poste le 4 mai 2025, mais continuera à agir en tant que consultant pendant la période de transition.
Vdovin apporte plus de 20 ans d'expérience en ingénierie, ayant occupé des postes chez Newmont, Goldcorp et Centerra, et détient un MSc en géotechnique appliquée ainsi qu'un MBA. McDougall, CPA avec 15 ans d'expérience dans l'industrie minière, a précédemment été CFO chez NorthWest Copper Corp.
L'entreprise a attribué 175 000 unités d'actions restreintes (RSUs) à des dirigeants, qui seront acquises sur trois ans, et a accordé 300 000 options d'achat d'actions exerçables à 8,29 $ par action sur cinq ans avec une période d'acquisition de 2,5 ans.
Snowline Gold (TSX-V:SGD)(OTC:SNWGF) hat bedeutende Veränderungen in der Führung angekündigt, mit der Ernennung von Victor Vdovin zum Vizepräsidenten für Ingenieurwesen und Lauren McDougall zur Finanzvorständin. McDougall wird Matthew Roma ersetzen, der am 4. Mai 2025 ausscheiden wird, aber während der Übergangszeit weiterhin als Berater tätig sein wird.
Vdovin bringt über 20 Jahre Ingenieurerfahrung aus Positionen bei Newmont, Goldcorp und Centerra mit und hat einen MSc in Angewandter Geotechnik sowie einen MBA. McDougall, eine CPA mit 15 Jahren Erfahrung in der Bergbauindustrie, war zuvor CFO bei NorthWest Copper Corp.
Das Unternehmen hat 175.000 eingeschränkte Aktieneinheiten (RSUs) an Führungskräfte vergeben, die über drei Jahre verteilt werden, und 300.000 Aktienoptionen gewährt, die über fünf Jahre zu einem Preis von 8,29 $ pro Aktie ausgeübt werden können, mit einer Vesting-Dauer von 2,5 Jahren.
- Strengthened management team with experienced VP Engineering from major mining companies
- New CFO brings 15 years of mining industry finance experience
- Smooth transition period planned with departing CFO staying as consultant
- Departure of current CFO Matthew Roma could cause temporary operational disruption
- New stock options and RSUs grants may lead to future dilution for shareholders
VANCOUVER, BC / ACCESS Newswire / April 14, 2025 / SNOWLINE GOLD CORP (TSX-V:SGD)(OTC:SNWGF) (the "Company" or "Snowline") is pleased to announce the expansion of its management team through appointment of Victor Vdovin, MBA, P.Eng., to Vice President of Engineering along with Lauren McDougall, CPA, CMA, to Chief Financial Officer, replacing Matthew Roma who will be departing the Company on [May 4th, 2025] but will continue as consultant during a transitionary period.
Scott Berdahl, CEO & Director of Snowline stated, "On behalf of the Board of Directors and Snowline Gold, I would like to thank Matt for his years of dedicated and high-quality service to the Company. During Matt's tenure, the company has grown from a small, grassroots company to a leading junior explorer and nascent developer today. We are grateful for his efforts and wish him the very best going forward."
Mr. Berdahl continued, "I am delighted to welcome Victor and Lauren to Snowline's senior management team. "Both individuals bring a strong work ethic and highly relevant experience to Snowline at a key time for the Company, as we take big steps to rapidly and responsibly advance our flagship Valley gold deposit on our
Management Appointments:
Victor Vdovin, VP Engineering: Mr. Vdovin brings over 20 years of relevant engineering experience to Snowline, having held advanced engineering and leadership positions with Newmont, Goldcorp and Centerra, working on projects including Penasquito, Los Filos and Kumtor. Most recently, he served as Head of Technical Services for Greece at Eldorado Gold. Mr. Vdovin is a licensed Professional Engineer through the Professional Engineers of Ontario. He holds an MSc in Applied Geotechnics from the Camborne School of Mines in Camborne, UK and an MBA from the University of Toronto's Rotman School of Management.
Lauren McDougall, Chief Financial Officer: Ms. McDougall has 15 years of experience in corporate finance roles within the mining industry. Her most recent position was CFO and Corporate Secretary of NorthWest Copper Corp. commencing in 2021, following its transition from Sun Metals Corp., where she served as CFO and Corporate Secretary from 2018 to 2021. Ms. McDougall is a Chartered Professional Accountant (CPA, CMA). She holds a BCom in Finance and International Business from Carleton University.
STOCK OPTIONS AND RESTRICTED SHARE UNITS
In addition, the Company announces the award of an aggregate of 175,000 restricted share units ("RSUs") under the Company's Omnibus Incentive Plan to officers of the Company. Each RSU represents a right to receive one common share of the Company, following the vesting of such restricted share units over a three-year period.
The Company has also granted an aggregate of 300,000 stock options under the Company's Omnibus Incentive Plan to offers of the Company. The options are exercisable for one share each at
ABOUT ROGUE
Snowline Gold's
Since its launch in 2021, Snowline has progressed Valley from a greenfield prospecting discovery to a significant bulk tonnage gold resource, with 4.05 Moz gold Indicated mineral resource at 1.66 g/t Au and an additional 3.26 Moz Inferred mineral resource at 1.25 g/t Au within a pit-shell constraint. The resource estimate numbers are supported by the technical report for Rogue, prepared in accordance with NI 43-101 standards, entitled "Rogue Gold Project: NI 43-101 Technical Report and Mineral Resource Estimate," authored by Heather Burrell, P. Geo., Daniel J. Redmond, P. Geo., and Steven C. Haggarty, P. Eng., with an effective date of May 15, 2024.
Exploration of the open Valley deposit is ongoing. Valley is a reduced intrusion-related gold system (RIRGS), geologically similar to multi-million-ounce RIRGS deposits currently in production, like Kinross's Fort Knox Mine in Alaska, but with substantially higher gold grades. Gold is associated with bismuthinite and telluride minerals hosted in sheeted quartz vein arrays within and along the margins of a one-kilometer-scale, mid-Cretaceous aged Mayo-series intrusion.
The Rogue Plutonic Complex hosts multiple intrusions similar to Valley along with widespread gold anomalism in stream sediment, soil and rock samples. Elsewhere, RIRGS deposits are known to occur in clusters. For these reasons, Snowline considers the Rogue Project to have district-scale potential to host additional Valley-like gold systems.
ABOUT SNOWLINE GOLD CORP.
Snowline Gold Corp. is a Yukon Territory focused gold exploration and development company with an eight-project portfolio covering roughly 360,000 ha (3,600 km2). The Company is advancing its Valley deposit-a large, low-strip, near surface, >1 g/t Au bulk tonnage gold system located in the eastern Yukon-while continuing regional exploration of surrounding targets on the Rogue Project and the broader district in the highly prospective yet underexplored Selwyn Basin.
Snowline's project portfolio sits within the prolific Tintina Gold Province, host to multiple million-ounce-plus gold mines and deposits across the central Yukon and Alaska. The Company's comprehensive first-mover position and extensive exploration database provide a distinct competitive advantage and a unique opportunity for investors to be part of multiple discoveries, the advancement of a significant gold deposit, and the potential creation of a new gold district.
QUALIFIED PERSON
Information in this release has been prepared under supervision of and approved by Thomas Branson, M.Sc., P. Geo., Vice President of Exploration for Snowline Gold Corp, as Qualified Person for the purposes of National Instrument 43-101.
ON BEHALF OF THE BOARD
Scott Berdahl
CEO & Director
For further information, please contact:
Snowline Gold Corp.
+1 778 650 5485
info@snowlinegold.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including statements regarding the creation of a new arm of the Company, the progression of the Valley target past the exploration stage, the discovery potential within the Valley intrusion, the potential for investors to participate in multiple future discoveries, the Rogue project having district-scale prospectivity, the creation of a new gold district and the Company's plans and intentions. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things: risks related to uncertainties inherent in drill results and the estimation of mineral resources; and risks associated with executing the Company's plans and intentions. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
SOURCE: Snowline Gold Corp.
View the original press release on ACCESS Newswire
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