Viva Gold Updates Services Agreement with CEO
VANCOUVER, BC / ACCESSWIRE / September 20, 2021 / Viva Gold Corp. (TSXV:VAU)(OTCQB:VAUCF)(FSE:7PB) (the "Company" or "Viva") is pleased to announce that it has updated its Consulting Services Agreement ("Agreement") with Mr. James Hesketh, through his consulting company Kalex LLC., replacing his existing agreement dated April 2017. Under the Agreement, Mr. Hesketh provides the services and performs all required duties as President and Chief Executive Officer to Viva Gold Corp. He develops, recommends to the board of directors and implements general corporate, administrative, technical, engineering and other management systems as is considered necessary or advisable for proper management of the Company. Mr. Hesketh is also a Director of the Company, elected by shareholders. The Agreement contains terms and conditions that are typical to other agreements of this type in the junior mining industry. Terms of the Agreement were approved by the Company's Compensation Committee made up of independent directors and outlines a yearly compensation of USD
The Agreement may be cancelled at any time on 30 days' notice with a severance payment, and it incorporates, in certain circumstances, up to 24-months of severance pay on change of control of the Company.
About Viva Gold Corp:
Viva Gold is a gold exploration and project development company with a focus on Nevada. Viva holds
For further information, please contact:
James Hesketh, President & CEO
(720) 291-1775
jhesketh@vivagoldcorp.com
Valerie Kimball, Director Investor Relations
(720) 933-1150
vkimball@vivagoldcorp.com
Renmark Financial Communications Inc.
Daniel Gordon: dgordon@renmarkfinancial.com
Tel: (416) 644-2020 or (212) 812-7680
www.renmarkfinancial.com
SOURCE: Viva Gold Corp.
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