ABOUT US

Our purpose at Northgold is to move forward through the discovery and advancement of feasible gold mining projects.

We believe gold is an important commodity and that Finland is emerging as one of the more attractive jurisdictions globally to make gold discoveries and develop new mines. We see gold as an important store of value, particularly amid the ongoing inflationary pressures being experienced globally in the aftermath of the Covid-19 pandemic.

Northgold’s team of industry experts aims to deploy capital and knowledge on projects that

  • have low risk due to significant prior investment and discovery,
  • demonstrate potential for high-value mineralization on a district scale,
  • and will generate significant value uplift through further successful exploration and enhanced technical studies.

Management

Mitch Vanderydt, P.Eng, MBA

CEO, born 1986

In this position since: 2021

Shares*: 148 284 shares and 319 500 warrants

Mitch has 13 years’ professional experience in the metals and mining space. Prior to joining Northgold in July 2021 as CEO, Mitch spent more than 10 years as a geotechnical consulting engineer focused on mining project development, followed by nearly 3 years of exposure to the capital markets at Toronto investment bank Eight Capital as an equity research analyst covering the precious metals and critical minerals sectors, including exposure to Finland. Mitch has helped raise tens of millions of dollars in equity financing for publicly listed junior mining companies. He holds a bachelors degree in civil engineering from Western University in Canada, a P.Eng. License in Canada, and a mining-focused MBA from the Schulich School of Business at York University in Toronto.

mitch.vanderydt@northgoldab.com
Timo Mäki

Deputy CEO, born 1953

In this position since: 2021

Shares*: 320 000 shares

Timo is an experienced geologist credited with the discovery of the Mullikkoräme Zn deposit in 1987 and Pyhäsalmi underground Zn-Cu deposit in 1996. Timo is currently on the scientific advisory board of the K.H. Renlund Foundation. He is also a director of two Canadian publicly listed companies: Strategic Resources Inc (TSX:SR.V) and FireFox Gold Corp (TSX:FFOX.V).

Mattias Modén

CFO, born 1976

In this position since: 2021

Shares*: 10 775 shares

Mattias has 25 years of experience within corporate taxation, company administration and auditing and has previously worked as CEO of a leading auditing firm and consulting company for the development of railway facilities. Mattias holds a degree in business administration from Örebro University.

BOARD

Otto Persson

Chairman, born 1971

Elected: 2021

Shares*: 21 551 shares

Independent in relation to the company and its management and major shareholders.

Otto is one of the founders of Train Alliance and was the company’s CEO between 2009 and 2018. Prior to that Otto has worked, inter alia, as CFO for BE Group. Otto holds a master’s degree in economics from Kristianstad University.

Roberto Garcia Martinez

Member, born 1970

Elected: 2021

Shares*: 112 931 shares

Independent in relation to the company and its management and major shareholders.

Roberto has over 25 years’ experience in the international mining industry. He has been President and CEO of major gold mining groups in Africa (2006–2018) and is currently the CEO of Eurobattery Minerals AB. Roberto has experience in corporate strategy, marketing, mining and exploration management. Roberto is a Doctor of Law and holds a bachelor’s degree in economics and industrial psychology.

Timo Mäki

Member, born 1953

Elected: 2020

Shares*: 320 000 shares

Independent in relation to major shareholders.

Timo is an experienced geologist credited with the discovery of the Mullikkoräme Zn deposit in 1987 and Pyhäsalmi underground Zn-Cu deposit in 1996. Timo is currently on the scientific advisory board of the K.H. Renlund Foundation. He is also a director of two Canadian publicly listed companies: Strategic Resources Inc (TSX:SR.V) and FireFox Gold Corp (TSX:FFOX.V).

Henrik Löfberg

Member, born 1977

Elected: 2021

Shares*: 331 340 shares**

Independent in relation to the company and its management.

Henrik is a Finnish born, Tampere based academic, educator and entrepreneur serving as operations manager for Magnus Minerals Oy, Chairman for MagStar Mining Oy, Fennia Gold Oy, and Pulju Malminetsintä, board member for Lakeuden Malmi Oy, Suomen Akkumineraalit Oy, Magnus Minerals Oy, and Functional Fitness Academy Oy, and deputy board member for FlowBrainer Oy.

* Refers to own holdings and related natural and legal persons holdings of shares in the company.

** Löfberg owns approximately 5.7 per cent of Magnus Minerals, which owns 2,904,080 shares in the company.

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