Carlin Gold Announces Changes to Management

Rhea-AI Summary

Carlin Gold (OTCQB: CGDCF) announced management changes effective September 1, 2026. Dong Shim has been appointed Chief Financial Officer and Marla Ritchie Corporate Secretary. Aris Morfopoulos resigned as CFO and Corporate Secretary effective August 31, 2026 to pursue other opportunities.

Carlin also granted an aggregate of 350,000 stock options to a director and a consultant under its stock option plan. The options are exercisable at $1.24 per share for a term of five years, expiring August 31, 2031.

Positive

• New CFO appointed effective September 1, 2026, following prior board involvement
• New Corporate Secretary appointed, signaling continued strengthening of corporate governance functions
• 350,000 stock options granted at $1.24, expiring August 31, 2031, to align director and consultant incentives

Negative

• Grant of 350,000 stock options introduces potential future share dilution for existing shareholders

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Vancouver, British Columbia--(Newsfile Corp. - August 31, 2026) - Carlin Gold Corporation (TSXV: CGD) (OTCQB: CGDCF) (FSE: YG20) (the "Company" or "Carlin") reports the following changes to management, effective September 1, 2026. Dong Shim has been appointed Chief Financial Officer and Marla Ritchie, has been appointed Corporate Secretary. Mr. Aris Morfopoulos is resigning as Chief Financial Officer and Corporate Secretary effective August 31, 2026 to pursue other opportunities.

Mr. Shim commented, "I am pleased to take on the role of Chief Financial Officer of Carlin and appreciate the opportunity to continue serving the Company in this new capacity. Having been involved with Carlin as a director, I look forward to working with the Board and management as the Company moves forward. I would also like to thank Aris for his many years of service and for the opportunity to have worked closely together over that time."

"On behalf of the Company and Board thank Aris for his many years of invaluable service and stewardship of Carlin Gold to this stage. We wish him success in all his future endeavors," stated Quentin Mai, President & CEO. "I would like to welcome Dong and Marla to the Carlin Gold team and firmly believe their contributions to the growth of the Company will be meaningful."

GRANTING OF OPTIONS

The Company announces that, pursuant to its stock option plan, it has granted an aggregate of 350,000 stock options to purchase 350,000 common shares of the Company, exerciseable at a price of $1.24 per share for a period of five years from the date of grant (expiring August 31, 2031), to a director and a consultant of the Company.

For additional information please see Carlin's website: www.carlingold.com.

On behalf of the board of directors of Carlin:

"Quentin Mai"

President and Chief Executive Officer
Telephone: +1 (604) 638-5622
Website: www.carlingold.com

Note:

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312117

FAQ

What management changes did Carlin Gold (CGDCF) announce on August 31, 2026?

Carlin Gold announced that Dong Shim will become Chief Financial Officer and Marla Ritchie will become Corporate Secretary effective September 1, 2026. According to Carlin Gold, Aris Morfopoulos resigned as CFO and Corporate Secretary effective August 31, 2026.

Who is the new CFO of Carlin Gold (CGDCF) and when does he start?

Dong Shim has been appointed Chief Financial Officer of Carlin Gold, effective September 1, 2026. According to Carlin Gold, Shim previously served as a director and will now work closely with the board and management in this expanded executive role.

What stock options did Carlin Gold (CGDCF) grant in the August 31, 2026 announcement?

Carlin Gold granted 350,000 stock options to a director and a consultant under its stock option plan. According to Carlin Gold, the options are exercisable at $1.24 per share for five years, expiring on August 31, 2031.

How could Carlin Gold’s 350,000 stock option grant affect CGDCF shareholders?

The grant of 350,000 stock options may create potential future dilution if exercised, increasing Carlin Gold’s share count. According to Carlin Gold, these options were granted to a director and a consultant to purchase common shares at $1.24 over five years.

Why did Aris Morfopoulos leave his role at Carlin Gold (CGDCF)?

Aris Morfopoulos resigned as Chief Financial Officer and Corporate Secretary effective August 31, 2026 to pursue other opportunities. According to Carlin Gold, company leadership publicly thanked him for his many years of service and stewardship of the company.

Who is the new Corporate Secretary of Carlin Gold (CGDCF)?

Marla Ritchie has been appointed Corporate Secretary of Carlin Gold effective September 1, 2026. According to Carlin Gold, President and CEO Quentin Mai welcomed Ritchie and expressed confidence that her contributions will be meaningful to the company’s growth.