Algold Resources Ltd. announced that as part of the transaction with First Uranium Corporation, the company announced the replacement of two directors, Jean-François Lalonde and François Auclair. The company's directors have appointed two former directors of First Uranium Corporation, Mary Batoff and John Hick to the board. Ms. Batoff will join the corporation's audit committee and Mr. Hick its compensation committee.

Mr. Hick, amongst other functions, was CEO of Rio Narcea from 2004-2007 and lead the development of the Tasiast Mines in Mauritania. Ms. Batoff acted as legal counsel and secretary for various publicly traded companies in the mining and exploration sector.