VISIBLE GOLD MINES ANNOUNCES CHANGES IN MANAGEMENT
The Board of Directors wishes to thank Sylvain Champagne for his diligent work and efforts for the benefit of shareholders and his valuable contribution to Visible Gold since 2007.
About Visible Gold Mines
Visible Gold Mines is a corporation focused on gold in the prolific Abitibi Gold Belt and lithium in the James Bay region in the province of Québec. Visible Gold Mines has 37,155,164 common shares issued and outstanding.
SOURCE Visible Gold Mines Inc.
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A boe conversion ratio of cubic feet of natural gas to barrels oil equivalent is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. In this news release, we have expressed boe using the Colombian conversion standard of 5.7 Mcf: 1 bbl required by the Ministry of Mines and Energy of Colombia. As the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 5.7 Mcf:1, utilizing a conversion on a 5.7 Mcf:1 basis may be misleading as an indication of value.
