By:Stocktitan

Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) ("LVG", or the "Company") is pleased to announce the appointment of Richard Reynolds to its Board of Directors. Mr. Reynolds brings over three decades of experience in mining, infrastructure, logistics, and commercial development, with a strong track record of success across East Africa and the UAE.

Mr. Reynolds' appointment marks an important step in strengthening LVG's strategic partnership with Taifa Group and Taifa Mining & Civils Ltd., Tanzania's leading mining and civil works contractor. In his current role, he reports directly to the Chairman of Taifa Group, providing strategic oversight and support in the evaluation and development of new business opportunities. While not involved in day-to-day operations, he plays a central role in guiding growth initiatives, fostering partnerships, and supporting market expansion across the Group.

Previously, as Chief Executive Officer of Taifa Mining & Civils Ltd., Mr. Reynolds was instrumental in shaping the company's mining operations and delivering large-scale projects throughout the region. His leadership in the mining sector and deep operational expertise will be critical in advancing LVG's Imwelo Gold Project toward production.

The LVG-Taifa Group partnership marks a significant milestone in the development of the Imwelo Gold Mine, bringing together technical expertise, financial strength, and operational capabilities to accelerate project execution. Taifa Group's extensive experience in contract mining, infrastructure development, and equipment management will be crucial in optimizing Imwelo's mining operations, reducing costs, and maximizing efficiency.

Marc Cernovitch, President & CEO of LVG, commented: "We are excited to welcome Richard to the LVG Board. His appointment underscores the importance of our partnership with Taifa Group and reinforces our commitment to unlocking the full potential of our Tanzanian Gold Projects. Richard's leadership in the African business sector, coupled with his expertise in infrastructure and project finance, makes him a key asset as we transition LVG from exploration company into a development one."

Beyond his role at Taifa Group, Mr. Reynolds holds several other non-executive directorships across the transport, logistics, and agricultural sectors. His previous leadership experience includes serving as a director of major companies in the telecommunications, rail, and construction industries.

Mr. Reynolds holds a Bachelor of Technology in Quantity Surveying, along with National and Higher National Diplomas in Building and Quantity Surveying. He has also completed executive training in infrastructure financing and project finance, positioning him as a leading expert in large-scale project execution.

With this appointment, LVG is poised to leverage Taifa Group's resources, operational expertise, and mining capabilities to fast-track the development of Imwelo and establish LVG as a key player in Tanzania's gold sector.

Pursuant to an agreement dated April 1, 2025 , the Company has engaged Baystreet.ca Media to provide certain digital advertising and marketing services focused on introducing the Company to a broader audience. In exchange for providing these services, Baystreet will receive an upfront payment of USD$40,000 . The agreement with Baystreet is for a two month term commencing on approximately April 2, 2025. The Company will not issue any securities to Baystreet as compensation for its marketing services.