UrbanGold Minerals Inc. announced that, subject to regulatory approval, the appointment of its Vice President of Exploration, Mathieu Stephens to the position of Chief Executive Officer (CEO), effective immediately. Former Interim CEO Sabino Di Paola will continue to serve in his role as Chief Financial Officer for UrbanGold, while Mr. Stephens assumes the position of CEO and maintains his current position of Vice President of Exploration. Prior to joining UrbanGold, Mr. Stephens led the exploration team at Beaufield Resources Inc. until its successful acquisition by Osisko Mining and previous to that held middle management positions at Canaccord Genuity.