Lucie Letellier Succeeds Aaron Triplett as CFO of Mountain Valley

Mountain Valley MD Holdings Inc. (CSE: MVMD) (OTCQB: MVMDF) (FRA: 20MP) announced the appointment of Lucie Letellier as the Chief Financial Officer, effective from September 11, 2023. Ms. Letellier will be taking over from Aaron Triplett, the previous Chief Financial Officer, who will continue to serve as a non-executive consultant for the Company until November 30, 2023, ensuring a smooth transition.

Dennis Hancock, President & CEO of the Company, expressed his enthusiasm about this new beginning, while the Company has expressed its gratitude to the outgoing CFO, Aaron Triplett, for his substantial contributions to the Company’s growth and for providing financial leadership in a challenging startup environment.

Ms. Letellier brings with her over 25 years of distinguished experience in the financial sector, with a strong background in public markets and international business. She originally served as the CFO of Mountain Valley MD Inc., MVMD’s wholly-owned subsidiary, where she adeptly managed a complex Reverse Takeover (RTO) transaction in February 2020 and led multiple financing rounds to establish the business. In May 2020, Ms. Letellier transitioned to an advisory role with the Company due to family commitments, but her extensive financial expertise has been evident throughout her career. She previously held the position of CFO at Paramount Gold and Silver Corp. (NYSE/TSX: PZG), where she supported the Company’s growth by overseeing $30 million in equity financing, ultimately resulting in its acquisition by Coeur Mining (NYS: CDE) for $200 million. Lucie Letellier’s rich experience also includes key financial leadership roles in several multinational corporations listed on various stock exchanges, including CFO positions at Crestwell Resources (CSE: CER), Everton Resources Inc. (EVR: TSX-V), and Albert Mining Inc. (MJX: TSX-V).

The Company has granted stock options to Ms. Letellier in line with the terms and conditions of the Company’s Stock Option Plan, enabling her to purchase 500,000 common shares in the Company’s capital stock. These Options will be exercisable for a five-year period from the date of the grant at a price of $0.05 per share.

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