Moneta Gold Inc. announced a change in the executive leadership of the organization. Gary O'Connor is stepping down from his position as CEO of Moneta effective July 1, 2023. The Company will begin an executive search for a new CEO and Mr. Josef Vejvoda will act as interim CEO, effective July 1, 2023, following the departure of Gary O'Connor as the CEO and a director of the Company.Mr. Vejvoda, the interim CEO, has served as the Chairman of Moneta's board of directors since June 2021.

He also acts as a special advisor to K2 & Associates Investment Management Inc., a multi-strategy investment fund. Previously Josef was a portfolio manager at K2 from Aug. 2013 and became K2's Chief Executive Officer in Oct 2018 and Chief Compliance Officer in Mar 2017, until stepping back from administrative duties in March 2021 to focus solely on special projects.

Mr. Vejvoda has over twenty-five years of extensive capital markets experience and has held senior management roles at a number of the country's financial institutions including Merrill Lynch Canada, National Bank Financial, and TD Securities. Josef has served on numerous public company boards.