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Cambria Gold Mines Appoints Cleveland Rueckert as Vice President (USA) to Advance the Mt. Margaret Copper-Gold Deposit

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Cambria Gold Mines (OTCQX: CAMVF) appointed Cleveland Dodge Rueckert as Vice-President (USA) to advance the Mt. Margaret copper-gold project in Washington State. His role includes capital markets, marketing, stakeholder engagement, financial modelling, project financing, corporate strategy and evaluating potential M&A and a possible Mt. Margaret spin-out.

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Vancouver, British Columbia--(Newsfile Corp. - June 23, 2026) - Cambria Gold Mines Inc. (TSXV: CAMB) (OTCQX: CAMVF) ("Cambria" or the "Company") is pleased to announce the appointment of Cleveland Dodge Rueckert as Vice-President (USA) to advance the Company's Mt. Margaret copper-gold project located in Washington State.

In anticipation of Cambria's potential spin out of Mt. Margaret, Cleve will help lead the Company's efforts in capital markets, marketing, stakeholder engagement, financial modelling and future project financing. Additionally, he will work with the rest of management on corporate strategy and potential M&A possibilities. Additional information regarding Cambria's potential spin out of Mt. Margaret into a new, US focused company is expected soon.

"We are thrilled to work with Cleve as our new Vice President, particularly with his recent, extensive experience at Barrick in stakeholder engagement, including Barrick's Fourmile discovery in Nevada," said Rob McLeod, President and CEO of Cambria Gold Mines. "It is an honour to work with another multi-generational mining professional; he is a seventh-generation miner, descendant of William Earl Dodge, Sr., one of the founders of the famous mining company: Phelps Dodge Corp."

About Cleveland Rueckert

Cleveland Rueckert is a seasoned finance professional with twenty years of capital markets experience spanning investment management, equity research and investor relations. Cleve most recently served as Vice President, Head of Investor Relations at Barrick Mining Corporation, one of the world's leading gold producers, where he helped the investment community understand the value of the world class Fourmile project. Prior to joining Barrick, Cleve had many years of progressively senior roles at investment banks, primarily in equity research at UBS, concluding as an Executive Director covering the Metals & Mining and Paper & Packaging sectors in both North and South America. He began his career working at Birinyi Associates with the legendary investment strategist and Salomon Brothers alumnus, Laszlo Birinyi.

Cleve holds an MBA from the NYU Stern School of Business and a BA from the University of Vermont. He brings a rare combination of analytical rigor, media fluency, and relationship-building to his work. Beyond his professional life, Cleve serves on the Board of Directors of the YMCA of Greater New York, as Vice Chair of the Finance Committee and as a Director and member of the Investment Committee of the Cleveland H. Dodge Foundation.

About Cambria Gold Mines

Cambria Gold Mines is a Canadian mining company headquartered in Vancouver, British Columbia, and its shares trade on the TSX-V under the ticker CAMB and on the OTCQX Market with the ticker CAMVF. Cambria is the 100% owner of the Premier Gold mine and Red Mountain Gold Project that are located on Nisga'a Nation Treaty Lands, in the prolific Golden Triangle of northwestern British Columbia, as well as the large Mt. Margaret copper-gold porphyry deposit located in Washington State. For more information about the Company, please refer to the Company's profile on SEDAR+ at www.sedarplus.ca or visit the Company's web site at www.cambriagold.com.

On behalf of the Board of Directors of Cambria Gold Mines Inc.

Robert McLeod
CEO and Director

For further information contact:

Email: info@cambriagold.com
Phone: 778-725-1060

and:

Sam Brezden
Email: sam.brezden@cambriagold.com
Phone: 236-838-1840

Or visit:
https://cambriagold.com/

Cautionary Statements:

NEITHER THE 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.

Cautionary Statement Regarding Forward-Looking Information

All statements and other information contained in this press release about anticipated future events may constitute forward-looking information under Canadian securities laws ("forward-looking statements"). Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect", "targeted", "outlook", "on track" and "intend" and statements that an event or result "may", "will", "should", "could", "would" or "might" occur or be achieved and other similar expressions. All statements, other than statements of historical fact, included herein are forward-looking statements, including the timing and completion of the spin out of Mt. Margaret; the ability of the Company to accomplish its business objectives and the intentions described herein; and future plans, development and operations of the Company. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. Although Cambria believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since Cambria can give no assurance that such expectations will prove to be correct. Cambria does not undertake any obligation to update forward-looking statements, other than as required by applicable laws. The forward-looking information contained in this press release is expressly qualified by this cautionary statement.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302478

FAQ

What management change did Cambria Gold Mines (CAMVF) announce on June 23, 2026?

Cambria Gold Mines appointed Cleveland Dodge Rueckert as Vice-President (USA) on June 23, 2026. According to Cambria, he will focus on advancing the Mt. Margaret copper-gold project and supporting strategy, capital markets activities, stakeholder engagement and potential project financing.

What will Cleveland Rueckert do as Vice President (USA) at Cambria Gold Mines (CAMVF)?

Cleveland Rueckert will lead U.S. efforts in capital markets, marketing and stakeholder engagement. According to Cambria, his responsibilities also cover financial modelling, future project financing, corporate strategy and reviewing potential M&A tied to the Mt. Margaret copper-gold project in Washington State.

How is the Mt. Margaret copper-gold project linked to Cambria Gold Mines’ (CAMVF) new VP appointment?

The new VP (USA) role is centered on advancing the Mt. Margaret copper-gold project. According to Cambria, Rueckert will help prepare for a potential spin-out of Mt. Margaret into a new, U.S.-focused company and support related financing and stakeholder work.

Is Cambria Gold Mines (CAMVF) planning a spin-out of the Mt. Margaret project?

Cambria is considering a potential spin-out of its Mt. Margaret copper-gold project into a new U.S.-focused company. According to Cambria, additional information on this potential spin-out structure and timing is expected soon, with Rueckert supporting related capital markets and strategic efforts.

What relevant experience does Cleveland Rueckert bring to Cambria Gold Mines (CAMVF)?

Cleveland Rueckert brings recent stakeholder engagement experience from Barrick, including work on the Fourmile discovery in Nevada. According to Cambria, he is also a seventh-generation miner, descended from William Earl Dodge Sr., linked to historic mining company Phelps Dodge Corp.

Why might Cleveland Rueckert’s appointment matter to Cambria Gold Mines (CAMVF) investors?

His appointment aligns leadership with Cambria’s U.S. growth and Mt. Margaret plans. According to Cambria, Rueckert will guide capital markets outreach, financial modelling and potential project financing, which could shape how any future Mt. Margaret spin-out or related M&A is structured.