Leocor Gold Inc. announced that Zula Kropivnitski has resigned as the company's chief financial officer for personal reasons, effectively immediately. The company has appointed Heidi Gutte as chief financial officer of the company. Gutte specializes in providing corporate finance, financial reporting, consulting, taxation and other accounting services to both small businesses as well as public companies in various industries.

She also assists in many aspects of clients' administration, corporate compliance and other activities. Gutte has had extensive experience as a controller and chief financial officer of numerous publicly traded and private corporations in several industries.