Mon Nov 30, 2009 Vangold Appoints Nico Civelli as VP of Finance (Europe)
November 30, 2009 - Vancouver, British Columbia - Vangold Resources Ltd. ("Vangold" or "the Company") is pleased to announce that it has appointed Nico Civelli, MapF as Vice President of Finance (Europe) for Vangold. Mr. Civelli is a financial consultant with expertise in the natural resources sector, and has strong associations with several European private asset management companies. He presently serves on the Board of LW Emerging Markets Fund, which is a hedge fund with focus in natural resources in emerging markets and also serves as VP Finance of Genco Resources. Mr. Civelli holds a Masters degree in Applied Finance from the University of Southern Queensland.
Dal Brynelsen President and CEO comments "we are very pleased to have Mr. Civelli join the Vangold team, as he brings a vast amount of experience in the Finance arena and will be an important player in the implementation of the Company's plans for the future."
To find out more about Vangold Resources Ltd. please visit our website at www.vangold.ca or contact Dal Brynelsen at 604-684-1974 or by email .
On Behalf of the Board of VANGOLD RESOURCES LTD.
"Dal Brynelsen"
Dal Brynelsen, President and CEO
Disclaimer for Forward-Looking Information
Information in this news release respecting the transaction with NGG constitutes forward-looking information. Statements containing forward-looking information express, as at the date of this news release, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results and are believed to be reasonable based on information currently available to the Company.
Forward-looking statements and information are based on assumptions that financing and personnel will be available when required and on reasonable terms, and all necessary regulatory approvals and shareholder approval will be obtained, none of which are assured and are subject to a number of other risks and uncertainties
There can be no assurance that forward-looking statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-looking information
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