PriceSensitive

Velocity (TSXV:VLC) appoints new Director

Market News, Mining
TSXV:VLC
15 December 2022 16:00 (EDT)
Velocity Minerals

Velocity Minerals (VLC) has announced the appointment of Gerrie van der Westhuizen to its Board of Directors.

Westhuizen replaces Chris Batalha, who has resigned as a director of Velocity effective December 15, 2022.

Westhuizen is VP of Finance and Assistant Corporate Secretary of Artemis and was appointed CFO effective January 1, 2023. He has more than 20 years of experience in the mining industry.

Westhuizen has held progressively senior positions in dual-listed resource companies in Africa and North America. He has played a key role in those organizations’ debt and equity financings and M&A activities while leading initiatives on financial reporting, regulatory compliance, corporate governance, risk management, treasury management, tax planning, and commercial negotiations.

Prior to joining Artemis, Westhuizen served as Vice President of Finance for Galiano Gold Inc., which constructed and operated the Asanko Gold Mine. Westhuizen is a Chartered Accountant and began his career with PricewaterhouseCoopers as a manager in their mining group. He also holds an Honours Bachelor of Accountancy degree.

Velocity is a gold exploration and development company focusing on eastern Europe.

Velocity Minerals Ltd. (VLC) remains unchanged, trading at C$0.20 per share at 3:31 pm ET.


Related News