SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Emerging growth company
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Item 5.02 Election of Directors; Appointment of Certain Officers
The Company is pleased to announce that on August 18, 2025, the majority of the Shareholders of LZG International, Inc. (“the Company”) voted to appointed Mr. John New to serve as the sole independent director for the Company.
Mr. New 51, is a former U.S. Army Captain with 25+ years of experience in leadership, management, and entrepreneurial excellence, including as co-founder and CEO of The Hub, an innovative corporate meeting space platform. Mr. New is also a mission leader, author and catalyst for 98 Octane, an organization dedicated to improving the lives of military members, veterans, and first responders through comprehensive wellness initiatives. The 98 Octane mission is to empower ONE MILLION heroes to live healthier, more fulfilling lives with targeted wellness programs and educational resources, including human-centered AI and cutting-edge technology, alongside healthy lifestyle choices, addressing the physical and mental health needs specific to those who serve and have served.
Mr. New, in turn, has appointed Mr. William Vastardis to serve as the Company's Chief Executive Officer. Mr. Vastardis 68, brings a wealth of experience to the company, including in global financial operations, risk and compliance. Mr. Vastardis worked in the fund administration industry since 1978 and retired as Chairman of Conifer Financial Services (“Conifer”), where he oversaw the global operations of the firm. Conifer, with $110 billion in assets under administration, was acquired by SS&C Technologies on December 15, 2016. Prior to the acquisition, Mr. Vastardis was President and CEO of Vastardis Capital Services (founded in 2003) until its merger with The Conifer Group in 2014.
Item 8.01 Other Events.
On August 20, 2025, the Company issued a letter from its Sole Independent Director and its Chief Executive Officer to the stockholders of the Company, a copy of which is being filed as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: August 20, 2025 | By: | /s/ John New |
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| John New |
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| Sole Independent Director |
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