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Victoria Vargas appointed Director to Lithium Universe (ASX: LU7) Canadian subsidiary

November 14, 2023 01:15 PM AEDT | By Sonal Goyal
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Highlights

  • Victoria Vargas has been appointed as Director to LU7’s Canadian subsidiary.
  • She has over two-decade experience in the North American capital markets.
  • She has worked across global projects, with focus on Canadian mineral projects.

Lithium Universe Limited (ASX: LU7) has appointed Victoria Vargas as Director to Lithium Universe (Holdings) Ltd, the Canadian subsidiary of the company.

The latest appointment is anticipated to enable the company to get more access to the global capital markets as well as tap corporate development opportunities.

Moreover, the Environmental, Social and Governance (ESG) experience of Vargas is expected to fuel the company’s Quebec Processing Hub Strategy.

Rich experience

Vargas holds more than 25 years of experience in the North American capital markets, especially in the Canadian mineral sector. In the initial years of her career, Vargas worked with Kinross Gold Corporation and H2O Innovation, which provides best-in-class services and technology for the wastewater and waste treatment industry.

In 2004, she joined Alamos Gold Inc., playing a crucial part in improving investor exposure and facilitating the transition from the TSX venture to the TSX.

She has worked on the CSR, health and safety committees at the Chamber of Mines in Mexico and the Canadian Mining Task Force. Her extensive exposure to sustainability and community engagement from operational and governance perspectives is a major boost to LU7.

Her expertise spans across global projects in numerous jurisdictions. She has been engaged across mineral projects in Ontario and Quebec. Moreover, she has sector expertise in the EV and clean technology space.

Currently, she is engaged in other roles including-

  • Founder and President of Strat-Advice Inc.
  • VP of Investor Relations of Minera Alamos
  • CFO of VMS Mining
  • Capital market advisor to Wallbridge Mining

Vargas is a trusted advisor to senior boards and executives.

LU7 shares trade higher

LU7 shares traded at AU$0.040 apiece at the time of writing on 14 November 2023, up over 5% from the last close.


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