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Lithium Universe appoints experienced director for Canadian subsidiary

Published 14/11/2023, 10:54 am
Lithium Universe appoints experienced director for Canadian subsidiary
LAAC
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Lithium Universe Ltd (ASX:LU7) has appointed Victoria Vargas as director of the company’s Canadian subsidiary, Lithium Universe (Holdings) Ltd.

Vargas brings 25 years of experience in North American capital markets and extensive know-how across the mining and minerals industry. She will join LU7 to strengthen its exposure to the international capital markets and corporate development opportunities.

Her experience in Environmental, Social and Governance (ESG) will also be beneficial to move LU7’s Quebec Processing Hub Strategy forward.

LU7 non-executive chairman Iggy Tan said: “The appointment of Victoria Vargas who has extensive experience within the mining sector, particularly in Québec and Ontario, will be instrumental in advancing our Quebec Processing Hub Strategy.

"Ms Vargas's profound understanding of Canadian mineral markets will play a key role in enhancing our relationships with all stakeholders. We are very fortunate to have Victoria join our dynamic team.”

Victoria Vargas.

Enhancing investor exposure

Vargas embarked on her professional journey at Kinross Gold Corp and later joined Alamos Gold in 2004. Her tenure at Alamos was marked by significant achievements, including enhancing investor relations and steering the company's successful transition from the TSX Venture Exchange to the Toronto Stock Exchange (TSX).

Prior to her role at Alamos Gold, Vargas worked at H2O Innovation, a Quebec-based firm specialising in advanced water and wastewater treatment technologies.

Vargas possesses profound skills in sustainability and community engagement, both from operational and governance perspectives.

Her involvement extends to participating in the health, safety and corporate social responsibility committees of the Chamber of Mines of Mexico and the Canadian Mining Task Force. Her professional acumen covers international projects across various jurisdictions, with a particular focus on mineral ventures in Québec and Ontario.

Currently, Vargas holds the position of president and founder of Strat-Advice Inc. and serves as the CFO for VMS Mining, a privately held entity.

Additionally, she is vice president of Investor Relations at Minera Alamos and offers capital markets advisory services to Wallbridge Mining. Vargas is an alumnus with an MBA in Finance and a Bachelor of Science in Economics with Honours.

Her role as a trusted advisor to senior executives and boards is bolstered by global relationships and a comprehensive understanding of capital markets. Vargas's expertise also extends to the clean technology and electric vehicle (EV) sectors, reflecting her diverse and expansive industry knowledge.

Read more on Proactive Investors AU

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