15:45:58 EST Mon 06 Dec 2021
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Goldsource Mines Inc (2)
Symbol GXS
Shares Issued 52,289,680
Close 2021-10-15 C$ 0.98
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Goldsource Mines appoints Newsome as VP, finance

2021-10-18 12:47 ET - News Release

Mr. Steve Parsons reports


Goldsource Mines Inc. has appointed Kimberly Newsome as vice-president, finance, effective Oct. 15, 2021.

Based out of the company's Vancouver office, Ms. Newsome will be responsible for managing the finance function for the company in respect of strategic financial analysis and planning, treasury management, financial reporting, business processes and related controls. Ms. Newsome is a chartered professional accountant and holds a bachelor of economics from the University of Victoria.

Steve Parsons, PEng, and chief executive officer of Goldsource, commented: "I am very pleased to announce the promotion of Kimberly to the role of VP, finance. Kimberly has been a key member of the team for several years and her progression is a testament to her work ethic, expertise and significant contributions to company. As we transition Goldsource from an exploration company through development in the coming years, we look forward to working closely with Kim and the finance team to navigate this transition."

The company also has granted stock options under its stock option plan to employees and consultants of the company to purchase an aggregate of 47,500 common shares of the company at a price of 94 cents per share for a five-year term expiring Oct. 15, 2026. Stock options for 30,000 common shares will vest as to 25 per cent annually commencing Oct. 15, 2022. Stock options exercisable for 10,000 common shares will vest as to 25 per cent on each of Jan. 15, 2022, April 15, 2022, July 15, 2022, and Oct. 15, 2022.

About Goldsource Mines Inc.

Goldsource Mines is a Canadian exploration company focused on the 100-per-cent-owned Eagle Mountain gold project in Guyana, South America. The company is led by an experienced management team, proven in making precious metals exploration discoveries and executing on phased project development in the Americas.

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