O2Gold Inc. announced that Peter Michel has been appointed as the chief financial officer of O2Gold, effective immediately. Mr. Michel formerly served in leadership roles in both public and private companies with most recent focus in healthcare. Additionally, he worked as a Senior Manager at BDO Canada LLP where he worked in its audit and assurance practice.

He has expertise in strategic planning, financial reporting, budgeting, acquisitions, cash management and audit. The appointment of Mr. Michel follows Ryan Ptolemy's resignation.