Entrée Resources Announces Sudden Passing of Former CEO
The former CEO’s passing comes shortly after his July 2026 retirement, while Entrée’s existing leadership continues to oversee its Oyu Tolgoi interests.
Rhea-AI Summary
Entrée Resources (ERLFF) announces the sudden passing of former President, CEO and director Stephen Scott on September 8, 2026.
Scott led Entrée for over a decade until his retirement in July 2026, during which he guided the company through restructuring and steps to reduce risk around its principal mining interest in Mongolia. His mining career spanned more than 30 years, including senior roles at Rio Tinto Exploration Australasia, Rio Tinto Indonesia, Rio Tinto Canada, and Turquoise Hill Resources, before he founded a capital markets and advisory consultancy in Vancouver in 2014 and joined Entrée in 2015.
Entrée Resources is a Canadian mining company with a carried joint venture interest in part of the Oyu Tolgoi copper‑gold project in Mongolia. It holds a 20% or 30% carried participating interest in the Entrée/Oyu Tolgoi joint venture, depending on mineralization depth. Royal Gold and Rio Tinto beneficially hold approximately 24% and 16% of Entrée’s shares, respectively.
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News Market Reaction – ERLFF
In the Sep 14 session, ERLFF declined 3.20%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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VANCOUVER, British Columbia, Sept. 14, 2026 (GLOBE NEWSWIRE) -- With profound sadness, Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) announces the sudden passing of Stephen Scott on September 8, 2026. Mr. Scott served as President, CEO, and a director of the Company for over a decade until his retirement in July 2026.
Mr. Scott worked in the mining industry for more than 30 years, completing his education in Perth, Australia before joining Rio Tinto Exploration (RTX) Australasia. He worked for Rio Tinto for much of his career, including as President Director of Rio Tinto Indonesia, General Manager Commercial for Rio Tinto Canada, and Senior VP Corporate Development and Strategy for Turquoise Hill Resources. In 2014, having firmly established himself in Vancouver, British Columbia, Mr. Scott started a capital markets and management advisory consultancy. He joined Entrée in 2015 and successfully led the Company through restructuring and progressive steps to derisk the Company’s principal mining interest in Mongolia.
Alan Edwards, Entrée’s Non-Executive Chair of the Board commented, “I had the fortunate privilege of working alongside Steve over the past ten years. He always approached the challenges of leadership with integrity and grace, while maintaining a wry Australian sense of humor. Steve was a wonderful colleague and an even better friend, and he will be greatly missed. On behalf of the Board and management at Entrée, we offer our sincere condolences to Steve’s family and many friends who cared so deeply about him.”
ABOUT ENTRÉE RESOURCES LTD.
Entrée Resources Ltd. is a Canadian mining company with a unique carried joint venture interest on a significant portion of one of the world’s largest copper-gold projects – the Oyu Tolgoi project in Mongolia. Entrée has a
FURTHER INFORMATION
David Jan
Investor Relations
Entrée Resources Ltd.
Tel: 604-687-4777 | Toll Free: 1-866-368-7330
E-mail: djan@EntreeResourcesLtd.com
This News Release contains forward-looking information within the meaning of applicable Canadian securities laws.
In certain cases, forward-looking information can be identified by words such as "plans", "expects" or "does not expect", "is expected", "budgeted", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate" or "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". While the Company has based this forward-looking information on its expectations about future events as at the date that such information was prepared, the information is not a guarantee of Entrée’s future performance and is based on certain assumptions.
Risks, uncertainties, and factors which could cause actual results, performance, or achievements of the Company to differ materially from future results, performance, or achievements expressed or implied by forward-looking information are discussed in the Company’s most recently filed MD&A and in the Company’s Annual Information Form for the financial year ended December 31, 2025, dated March 5, 2026 filed with the Canadian Securities Administrators and available at www.sedarplus.ca. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company is under no obligation to update or alter any forward-looking information except as required under applicable securities laws.
