Vangold Mining Corp. announced that effective immediately Mr. James Anderson has been appointed Chairman, President and CEO of the company and that Mr. Praveen Varshney has been appointed CFO and a Director of the company. Cameron King has resigned as President and CEO but will remain on the company's Board of Directors.

Mr. Xavier Wenzel and Mr. Robert Kang stepping aside as the company's CFO and Director, respectively, to make room for the appointment of Praveen Varshney.