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Golden Pursuit Resources Announces the Appointment of Stacy Freudigmann, P.Eng. F.Aus.IMM as Director and COO

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Golden Pursuit Resources (FPVTF) appointed Stacy Freudigmann, P.Eng. F.Aus.IMM, as Director and COO effective April 11, 2026. Mr. Freudigmann brings over 30 years of international mining, metallurgy and project development experience to support exploration and development.

The company granted Mr. Freudigmann 2,300,000 stock options at $0.33 per share, exercisable in whole or in part for five years from April 15, 2026.

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Positive

  • Experienced hire: COO with 30+ years mining and metallurgy experience
  • Technical leadership: adds engineering and metallurgical expertise to development team
  • Incentive alignment: 2,300,000 options align executive and shareholder interests

Negative

  • Potential dilution: 2,300,000 options could increase outstanding shares if exercised
  • Option term: exercisable up to five years from April 15, 2026 (expires April 15, 2031)

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Vancouver, British Columbia--(Newsfile Corp. - April 15, 2026) - Golden Pursuit Resources Ltd. (TSXV: GDP) ("Golden Pursuit" or the "Company") is pleased to announce the appointment of Mr. Stacy Freudigmann, P.Eng. F.Aus.IMM., as a Director of the Company and COO, effective April 11, 2026. Mr. Freudigmann brings more than 30 years of international mining, metallurgy, and project development experience and will play an important role in strengthening the Company's technical leadership as it advances its exploration and development initiatives.

Mr. Freudigmann is the Founder and Managing Director of Canadian Engineering Company (Canenco), a mining engineering and consulting firm established in 2010. Through Canenco, he has provided technical leadership, engineering oversight, and metallurgical expertise to numerous mining companies globally. His experience covers managing all levels of engineering studies, process design, detailed engineering, construction, and operational commissioning and optimization.

Mr. Freudigmann has worked with a number of prominent mining companies in senior production, technical and management roles and also in projects with Placer Dome, BHP Billiton, Anglo American, Teck Resources, Sabina Gold & Silver Corp., Skeena Resources Ltd., Nyrstar, Candente Copper Corp., Taseko Mines Ltd., and Dalradian Gold Ltd. His work has supported projects across Canada, the United States, Europe, Australia, Central & South America, and the Asia-Pacific region.

Mr. Freudigmann holds a Bachelor of Science (Honours) in Industrial Chemistry from James Cook University and a Graduate Diploma in Metallurgy from Curtin University's Western Australian School of Mines. He is a registered Professional Engineer in British Columbia, Nunavut, the Northwest Territories, and Newfoundland and Labrador. He is also a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM) and a member of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM). and. He has completed director training through AME and IROC and holds NI 43-101 technical disclosure training, as well as numerous safety and project management certifications.

The Company also announces that it has entered into a stock option agreement granting the right and option to purchase 2,300,000 common shares of the Company at $0.33 per common share exercisable in whole or in part on or before five years from April 15, 2026.

Management Commentary

"We are very pleased to welcome Stacy to Golden Pursuit as a Director and COO," stated Brian McClay, Chief Executive Officer of Golden Pursuit Resources. "His extensive background in metallurgy, engineering studies, and mine development adds significant technical strength to our team. Stacy's proven ability to guide projects through technical evaluation and development will be extremely valuable as we continue to advance our assets and build long-term shareholder value."

Mr. Freudigmann commented: "I am very pleased to join the Golden Pursuit Team as a Director and COO at an exciting time for the Company. I look forward to working closely with management and the Board to help advance the Company's projects and contribute to its technical and strategic growth."

About Golden Pursuit Resources Ltd.

Golden Pursuit Resources Ltd. is a Canadian mineral exploration and development company focused on the acquisition, exploration, and advancement of precious and base metal projects. The Company is committed to building value through technical excellence, disciplined exploration, and strategic growth.

ON BEHALF OF THE BOARD OF DIRECTORS

Brian McClay
Chief Executive Officer
Golden Pursuit Resources Ltd.

For further information, please contact:

Golden Pursuit Resources Ltd.
Telephone: 1-604-730-6982
Email: info@goldpursuit.ca
Website: www.goldpursuit.ca

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 release.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements. Golden Pursuit undertakes no obligation to update these statements except as required by applicable securities law

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292653

FAQ

Who is Stacy Freudigmann and what role will he take at Golden Pursuit (FPVTF)?

He will serve as Director and COO, bringing over 30 years of mining and metallurgy experience. According to the company, his background covers engineering studies, process design, construction oversight and operational commissioning to support project advancement.

When did Golden Pursuit (FPVTF) appoint Stacy Freudigmann and when does it take effect?

The appointment is effective April 11, 2026. According to the company, Mr. Freudigmann's role as Director and COO began on April 11, 2026 to support ongoing exploration and development initiatives.

What are the terms of the stock options granted to Stacy Freudigmann by Golden Pursuit (FPVTF)?

The grant is for 2,300,000 common shares at $0.33 per share, exercisable within five years. According to the company, the options are exercisable in whole or in part on or before five years from April 15, 2026.

How might Stacy Freudigmann's appointment affect Golden Pursuit's technical capabilities (FPVTF)?

His metallurgy and project development experience is expected to strengthen technical leadership for exploration and development. According to the company, his skills include engineering studies, process design, and operational commissioning support.

When do the stock options granted to Stacy Freudigmann expire for Golden Pursuit (FPVTF)?

The options are exercisable for five years from April 15, 2026, so they expire on April 15, 2031. According to the company, the grant may be exercised in whole or in part any time before that date.