Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Timmins Gold appoints new director and chair of audit committee

|Includes: Grupo TMM, S.A.B. (TMM)

Gold producer Timmins Gold (TSE:TMM) reported Wednesday it has appointed Paula Rogers as a member of board of directors and as chair of the audit committee.

Paula Rogers, who has 15 years of experience working for Canadian-based international public companies, is a chartered accountant. 

The company said in a statement that her appointment is effective immediately.

Ms. Rogers has worked in the areas of treasury operations, tax planning and compliance, mergers and acquisitions and financial reporting. 

She has wide-ranging experience in multi-million dollar financings in the Canadian and United States bank and public debt markets. 

Moreover, she has served as an officer of other public companies including vice-president, treasurer of NYSE-listed Goldcorp Inc. and treasurer of Wheaton River Minerals Ltd. 

“Paula’s involvement with our team will help in the ongoing growth of Timmins Gold" said Bruce Bragagnolo, Chief Executive of Timmins Gold. 

"Her track record in the mining industry and experience with Goldcorp and Wheaton River through their remarkable growth periods will be a valuable asset to Timmins Gold at this exciting time in our development."

Vancouver-based Timmins Gold’s San Francisco gold mine in Sonora, Mexico is a past-producing open pit heap leach operation forecasted to produce 100,000 ounces of gold annually at a cash cost of $489 per ounce.  

Shares in the company went up 2.73% to $2.63, during Wednesday’s trading session.