Mineros Announces Appointment of New Vice President, Nicaragua
Mineros Announces Appointment of New Vice President, Nicaragua
Medellin, Colombia – July 11 , 2022 – Mineros S.A. (TSX:MSA, MINEROS:CB) (“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 Car los 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 degree s in Business
Administration from Universidad EAFIT (Colombia) and Logistics from the Universidad de Medellin
(Colombia).
“It is with great pl easure that we announce that Mr. Villa will be promoted to Vi ce 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 contribution s 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”.
For further information, please contact:
Fiona Childe
Investor Relations
+1 (647) 496-3011
Patricia Ospina
Investor Relations Manager
(+57) 42665757
John Boidman
Renmark Financial Communications Inc.
+1 (514) 939-3989 or +1 (212) 812-7680
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 limitat ion, 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 percept ion 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, performanc e 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 in formation 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 infor mation.
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.