Element79 Gold appoints seasoned financier Mohammad Fazil to board after Zara Kanji resignation

Element79 Gold (CSE:ELEM) names veteran venture capitalist Mohammad Fazil to its board, strengthening growth strategy after long-time director Zara Kanji steps down.

Element79 Gold Corp. (CSE: ELEM) has appointed seasoned venture capitalist Mohammad Fazil to its board of directors following the resignation of long-serving director Zara Kanji.

CEO Michael Smith expressed his gratitude for Kanji’s service, noting her valuable contributions to the company’s growth:

“We wish Ms. Kanji continued growth and success. At the same time, I welcome Mr. Fazil to the board and am confident that his perspective and leadership will be instrumental as we focus on advancing our projects and driving long-term shareholder value.”

Extensive Experience in Venture Capital and Resource Financing

Fazil brings over 35 years of expertise in venture capital and financing junior resource companies. He is the founder and president of financial advisory firm Lion Park Capital, while also holding leadership roles in the mining and energy sectors with Blue Sky Global Energy Corp. and Smooth Rock Ventures Corp.

Upon his appointment, Fazil commented:

“I am honored to join the board of Element79 Gold at such an important time in the company’s growth trajectory. With a strong and expanding portfolio, I look forward to contributing my expertise to help guide strategy and create lasting value for shareholders.”

Strong Portfolio Across Nevada and Peru

Element79 Gold’s flagship projects are located in Nevada, USA, including the Gold Mountain and Elephant projects along the Battle Mountain Trend, one of the country’s most significant gold belts.

In addition, the company is advancing its high-grade Lucero Project in southern Peru, which it describes as holding strong potential for long-term exploration growth.

The company confirmed that the board changes are effective immediately, with Fazil having already filed the necessary regulatory documents with the Canadian Securities Exchange (CSE).