STOCK TITAN

Crescent Lake Project Reacquired and Director Change

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Antler Gold (OTC: ALRGF) has reacquired the Crescent Lake project following termination of the prior Midex transaction and appointed Jim Megann to the board while Nicole Maske resigned.

The Crescent Lake property covers 4,908 hectares near Armstrong, Ontario; technical data are under review and an update will follow when complete.

Loading...
Loading translation...

Positive

  • Reacquired Crescent Lake project of 4,908 hectares
  • Appointed Jim Megann with 25+ years capital markets experience
  • Megann previously served as director from 2016–2022

Negative

  • Midex transaction termination required reacquisition rather than completed transfer
  • Company is reviewing technical data before providing a timetable or development update
  • Director Nicole Maske resigned, creating an immediate board vacancy replaced by Megann

Halifax, Nova Scotia--(Newsfile Corp. - April 17, 2026) - Antler Gold Inc. (TSXV: ANTL) ("Antler" or the "Company") announces that the Company has reacquired the Crescent Lake project from Midex Resources Ltd. after the Midex Transaction as defined in Antler's press release dated May 9, 2023 was terminated. In addition, the Corporation announces that Mr. Jim Megann has been appointed as a Director of the Corporation effective immediately and Nicole Maske has resigned as a Director of the Corporation. The Corporation wishes to thank Ms. Maske for her contributions to Antler during her tenure as a director and wishes her continued success in her future endeavours.

Appointment of Jim Megann
Jim Megann is the Managing Director of Numus Financial Inc., and brings significant experience helping companies raise capital, navigate public markets, and scale through critical growth phases. He previously served as a director of Antler Gold Inc. from 2016 to 2022, contributing to the oversight of exploration and development strategies. Jim currently and previously holds director roles across technology and growth sectors, including several early stage private and public companies. In addition to his capital markets experience, Jim brings more than 25 years of experience in communications and marketing.

Crescent Lake Project
The Crescent Lake Project comprises 4908 hectares of contiguous mineral claims near Armstrong in northwest Ontario. The Company is currently reviewing technical information regarding the property and will provide an update when the process is complete.

About Antler Gold Inc.
Antler Gold Inc. (TSXV: ANTL) is a Canadian listed mineral exploration company currently focused on the acquisition and exploration of mineral projects in top-ranked jurisdictions.

Cautionary Statements
This press release may contain forward-looking information, such as statements regarding Antler or its projects. This information is based on past reports, current expectations and assumptions (including assumptions in connection with the continuance of the applicable company as a going concern and general economic and market conditions) that are subject to significant risks and uncertainties that are difficult to predict. Actual results may differ materially from results suggested in any forward-looking information. Antler assumes no obligation to update forward-looking information in this release, or to update the reasons why actual results could differ from those reflected in the forward-looking information unless and until required by applicable securities laws. Additional information identifying risks and uncertainties is contained in filings made by Antler with Canadian securities regulators, copies of which are available at www.sedarplus.ca.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact Chris Drysdale, CEO of Antler Gold Inc. at +264 81 220 2439 or email at chris@antlergold.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293142

FAQ

What did Antler Gold (ALRGF) announce on April 17, 2026 about Crescent Lake?

Antler Gold announced it has regained control of the Crescent Lake project after the prior Midex transaction was terminated. According to the company, Crescent Lake comprises 4,908 hectares near Armstrong, Ontario and technical information is being reviewed before further updates.

How large is the Crescent Lake property reacquired by Antler Gold (ALRGF)?

The Crescent Lake project consists of 4,908 hectares of contiguous mineral claims near Armstrong, Ontario. According to the company, management is reviewing technical data on the property and will provide an update once that review is complete.

Who is Jim Megann and why was he appointed to Antler Gold's board (ALRGF)?

Jim Megann was appointed as a director and brings over 25 years of experience in capital markets, communications, and marketing. According to the company, he previously served as an Antler director from 2016 to 2022 and helps with capital raises and public-market strategy.

What happened to the Midex transaction mentioned in Antler Gold's (ALRGF) April 17, 2026 release?

The Midex transaction was terminated, and as a result Antler Gold reacquired the Crescent Lake project. According to the company, termination led to the property returning to Antler and prompted the current technical review of the asset.

Will Antler Gold (ALRGF) provide more details or timelines for Crescent Lake development?

Antler Gold said it is currently reviewing technical information and will issue an update when the process is complete. According to the company, no development timeline or additional metrics were provided in the April 17, 2026 announcement.