Greenheart Gold Welcomes New Leadership to Drive Growth

Greenheart Gold Welcomes New Leadership

Greenheart Gold Inc. (TSXV: GHRT) is excited to announce significant additions to its leadership team with the appointment of Karim Michel Nasr as a new director and Doug Flegg as Senior Vice President of Corporate Development. This bolstering of the management team reflects the company’s commitment to enhancing its strategic vision and operational efficiency.

Karim Nasr’s Wealth of Experience

Karim Nasr joins the board of directors, bringing over 25 years of experience in corporate finance and investments within critical sectors such as technology, media, telecom, and mining. His previous roles include Chief Financial Officer at La Mancha Resource Capital and Chief Executive Officer of Digital World Capital LLP. In these positions, Mr. Nasr was instrumental in managing significant financial operations and pursuing strategic acquisitions total above US$68 billion.

David Fennell, Executive Chairman of Greenheart Gold, expressed enthusiasm about Mr. Nasr’s contributions, noting that his extensive knowledge in capital markets and corporate strategy will be invaluable as the company pursues its growth objectives.

Introducing Doug Flegg

Doug Flegg’s appointment as Senior Vice President of Corporate Development adds another layer of expertise to Greenheart Gold. With a career spanning more than 38 years in mining finance, Mr. Flegg has cultivated a strong network and understanding of the industry. His most notable prior position was Managing Director of Global Mining Sales at BMO Capital Markets, where he played a pivotal role in securing financing totaling $35 billion for various enterprises.

Justin van der Toorn, the President and CEO, stated that Doug's technical geology background and experience in capital markets make him well-suited to guide Greenheart Gold towards its goals of maintaining a robust financial structure and fostering a supportive shareholder base.

Stock Options Grant

In conjunction with these appointments, Greenheart Gold has granted incentive stock options that allow the purchase of up to 6,750,000 common shares at an exercise price of $0.60. These options are granted to select officers, directors, employees, and key consultants as part of the company’s strategic equity incentive plan.

The options have a validity period of five years, expiring on November 26, 2029. They will vest in three tranches over two years and are subject to the approval of the TSX Venture Exchange. This initiative aligns with Greenheart Gold's goal to motivate and retain key personnel within the organization.

About Greenheart Gold Inc.

Greenheart Gold is an exploration firm focused on maximizing its potential within the Guiana Shield, a geology-rich area that has proven to host numerous untapped gold resources. Armed with a team comprising former Reunion Gold executives, Greenheart Gold is poised to capitalize on the technical expertise and relationships established in previous exploration ventures.

Notably, the exploration team's recent successes include the discovery of the multi-million-ounce Oko West deposit in Guyana, which has advanced to production under G Mining Ventures’ management. The company is strategically positioning itself to explore a portfolio of promising early-stage exploration projects in both Guyana and Suriname.

Contact Information

For further details regarding these developments, Greenheart Gold encourages interested parties to reach out to:

GREENHEART GOLD INC.

Justin van der Toorn, President and CEO, or
Doug Flegg, CFA, Senior V.P. Corporate Development
Email: d.flegg@greenheartgold.com
Email: info@greenheartgold.com
Phone: +1 450-800-2882

Frequently Asked Questions

What recent appointments were made by Greenheart Gold?

Greenheart Gold appointed Karim Michel Nasr as a director and Doug Flegg as Senior Vice President of Corporate Development.

What experience does Karim Nasr bring to Greenheart Gold?

Karim Nasr brings over 25 years of expertise in corporate finance and investments, particularly within technology, media, and mining sectors.

What stock options were granted by Greenheart Gold?

The company granted stock options to purchase up to 6,750,000 common shares at an exercise price of $0.60, valid for five years.

How does Doug Flegg contribute to Greenheart Gold?

Doug Flegg contributes his extensive mining finance experience, having held senior roles in research and capital markets, assisting in corporate financings totaling over $35 billion.

What is the focus of Greenheart Gold Inc.?

Greenheart Gold focuses on exploration in the Guiana Shield, targeting promising gold deposits while leveraging its strong technical and relationship-driven approach.

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