Geomega Resources Inc. announced that Mr. Kiril Mugerman has been appointed President and Chief Executive Officer of GéoMégA and succeeds Mr. L. Derek Lindsay previously appointed on an interim basis. The appointment of Mr. Mugerman is effective immediately. Mr. Lindsay will continue his duties as Chief Financial Officer of GéoMégA.

Mr. Mugerman joined GéoMégA in September 2014 and was promoted as Director of Corporate Development in January 2015. He brings both technical and financial experience to GéoMégA. Prior to joining Industrial Alliance Securities Inc. as a mining specialist, Mr. Mugerman worked on advanced stage exploration projects internationally with Gold Fields Ltd. in West Africa, central Asia and Latin America.

At IAS, he served as a mining analyst in the industrial minerals sector focusing in the rare earth elements, graphite and potash sectors.