G2 Goldfields Expands Team and Appoints VP, Investor Relations and VP, Business Development - Guyana

Core Viewpoint - G2 Goldfields Inc. has appointed Jacqueline Wagenaar as VP of Investor Relations and promoted Roopesh Sukhu to VP of Business Development - Guyana, aiming to enhance its capital markets strategy and regional growth initiatives, respectively [1][2][5]. Company Appointments - Jacqueline Wagenaar will lead the capital markets program and the proposed spin-out of G3 Goldfields Inc., which includes G2's interest in non-core assets [2][5]. - Roopesh Sukhu will focus on regional growth through land identification, acquisitions, and partnerships, while also managing tenement and government relations [2][4]. Executive Backgrounds - Jacqueline Wagenaar has over 17 years of capital markets experience, previously leading successful investor relations at Solaris Resources Inc. and Guyana Goldfields Inc. [3]. - Roopesh Sukhu, with over 15 years in mining exploration and resource modeling, has been with G2 since April 2022 and has played a key role in exploration activities [4]. Strategic Initiatives - The proposed spin-out of G3 Goldfields Inc. was approved at the annual general meeting and is expected to be completed in Q1 2025, pending regulatory approvals [5]. - The spin-out aims to unlock value from non-core assets and is part of G2's broader corporate strategy [2][5]. Financial Position - G2 Goldfields currently holds cash exceeding C$37 million, positioning the company well for its regional exploration program [9]. Mineral Resource Estimates - An updated mineral resource estimate for the Oko property indicates significant potential, with resources lying within 500 meters of the surface [7][8]. - The Oko Main Zone has an inferred resource of 495,000 ounces of gold at a grade of 6.38 g/t and an indicated resource of 686,000 ounces at 9.03 g/t [14].