Toachi Mining Inc. announced that Peter Nixon and Carolina Vargas have been appointed to the company's Board of Directors, effective immediately. Both Nixon and Vargas are independent directors and expand Toachi's board to five directors. Nixon spent more than three decades in the investment industry, specializing in the natural resource sector and working primarily in research and institutional sales. Nixon joined Dundee Securities and a member of The Institute of Corporate Directors and is also a director of several publicly-traded natural resource companies including Dundee Precious Metals Inc. Vargas has 16 years of experience in investment banking and financial analysis and was ranked the top research analyst for the clean energy sector by Brendan Wood International from 2009-2011. During that period as Vice President Investment Banking for a Toronto-based bank, Ms. Vargas participated in more than $1 billion in equity financings in the clean tech and infrastructure sectors. She also brings in depth market knowledge of the South American natural resources sector, in particular Colombia and is fluent in Spanish and Portuguese. The company also announced the resignation of Alejandra Kempff from the Board of Directors.