MEDELLIN, Colombia, July 11,
2022 /CNW/ - Mineros S.A. (TSX: MSA) (CB: MINEROS)
("Mineros" or the "Company") is pleased to announce that Mr.
Luis Villa will assume the role of
Vice President, Nicaragua of the
Company, effective October 1, 2022.
Mr. Villa will be replacing Carlos Mario
Gomez, who will be retiring.
Mr. Villa is a Mechanical Engineer with extensive experience in
Mineros' operations in both Nicaragua and Colombia. He has been working for the
Company's subsidiaries for the past sixteen years, most recently as
Manager of Projects and Supply Chain for Mineros Alluvial S.A.S.
BIC ("Alluvial"), where he played
an integral role in the development, construction and operation of
strategic projects. Prior to this he held the roles of Manager of
Supply Chain with Hemco Nicaragua S.A. and Director of Logistics
with Alluvial. Mr. Villa holds Masters degrees in Business
Administration from Universidad EAFIT (Colombia) and Logistics from the Universidad
de Medellin (Colombia).
"It is with great pleasure that we announce that Mr. Villa will
be promoted to Vice President, Nicaragua upon Mr. Gomez's retirement later
this year. In addition to his extensive knowledge of Mineros'
Nicaraguan operations, he will bring a wealth of experience in gold
mining, development and logistics to his new role", commented
Andrés Restrepo, President and CEO of Mineros. "On behalf of the
Company, I would like to thank Mr. Gomez for his invaluable
contributions to the success of the Company and our Hemco
Operations. He has been part of the Mineros team since 2008 and
Vice President, Nicaragua since
2016. We wish him all the best in his retirement," continued Mr.
Restrepo.
ABOUT MINEROS S.A.
Mineros is a Latin American gold mining company headquartered in
Medellin, Colombia. The Company
has a diversified asset base, with mines in Colombia, Nicaragua and Argentina and a pipeline of development and
exploration projects throughout the region.
The board of directors and management of Mineros have extensive
experience in mining, corporate development, finance and
sustainability. Mineros has a long track record of maximizing
shareholder value and delivering solid annual dividends. For almost
50 years Mineros has operated with a focus on safety and
sustainability at all its operations.
Mineros' common shares are listed on the Toronto Stock Exchange
under the symbol "MSA", and on the Colombia Stock Exchange under
the symbol "MINEROS".
The Company has been granted an exemption from the individual
voting and majority voting requirements applicable to listed
issuers under Toronto Stock Exchange policies, on grounds that
compliance with such requirements would constitute a breach of
Colombian laws and regulations which require the directors to be
elected on the basis of a slate of nominees proposed for election
pursuant to an electoral quotient system. For further information,
please see the Company's most recent annual information form filed
on SEDAR at www.sedar.com.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking information" within
the meaning of applicable securities laws. Forward-looking
information includes statements that use forward-looking
terminology such as "may", "could", "would", "will", "should",
"intend", "target", "plan", "expect", "estimate", "anticipate",
"believe", "continue", "potential", "view" or the negative or
grammatical variation thereof or other variations thereof or
comparable terminology. Such forward-looking information includes,
without limitation, statements with respect to the replacement of
the Company's Vice President, Nicaragua and the timing of such
replacement.
Forward-looking information is based upon estimates and
assumptions of management in light of management's experience and
perception of current conditions and expected developments, as well
as other factors that management believes to be relevant and
reasonable in the circumstances, as of the date of this news
release. While the Company considers these assumptions to be
reasonable, the assumptions are inherently subject to significant
business, social, economic, political, regulatory, competitive and
other risks and uncertainties, contingencies and other factors that
could cause actual actions, events, conditions, results,
performance or achievements to be materially different from those
projected in the forward-looking information. Many assumptions are
based on factors and events that are not within the control of the
Company and there is no assurance they will prove to be
correct. Although the Company has attempted to identify
important factors that could cause actual actions, events,
conditions, results, performance or achievements to differ
materially from those described in forward-looking information,
there may be other factors that cause actions, events, conditions,
results, performance or achievements to differ from those
anticipated, estimated or intended. For further information of
these and other risk factors, please see the ''Risk Factors"
section of the Company's annual information form dated March 31, 2022, available on SEDAR at
www.sedar.com.
There can be no assurance that forward-looking information will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information.
Accordingly, readers should not place undue reliance on
forward-looking information. Forward-looking information contained
herein is made as of the date of this news release and the Company
disclaims any obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or results or otherwise, except as and to the extent required by
applicable securities laws.
SOURCE Mineros S.A.