Joseph Grosso Retires as Chairman and Director, Named as Director Emeritus
Rhea-AI Summary
Golden Arrow Resources (OTCQB:GARWF) announced that Joseph Grosso retired as Chairman and Director effective April 21, 2026 and was named Director Emeritus. Mr. Grosso will continue as an advisor and remains a large shareholder.
The company credited Grosso with founding Golden Arrow, originating the Gualcamayo royalty that supported discovery of Chinchillas, and guiding expansion into Chile that led to the San Pietro copper-gold project.
Positive
- Chair retirement effective April 21, 2026
- Director Emeritus honorary title granted
- Continues as advisor to the company and shareholders
- Founder credited with originating Gualcamayo royalty
- Major discoveries linked to Grosso: Chinchillas and San Pietro
- Large shareholder remains invested in the company
Negative
- Leadership transition from long-time chairman may affect governance
- Loss of sitting chair who led company through difficult markets
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - April 22, 2026) - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) ("Golden Arrow" or the "Company") announces the retirement of Joseph Grosso as Chair & Director of the Company, effective April 21, 2026. In recognition of his visionary leadership of Golden Arrow, Mr. Grosso has been given the honorary title of Director Emeritus. Mr. Grosso will continue to serve Golden Arrow and its shareholders as an advisor.
Mr. Grosso spearheaded Golden Arrow's success from the Company's inception. He has been a stalwart supporter and widely-recognized contributor to the continued expansion of mineral exploration in Argentina and he has done so with mindfulness of the communities and environment in which the Company works. Mr. Grosso formed Golden Arrow originally to capitalize on the Gualcamayo property royalty. That transaction supported the exploration and discovery of Chinchillas, a major silver deposit in northern Argentina. After successfully selling Chinchillas, Joe endorsed the expansion of the Company into Chile, leading to another significant deposit discovery at the current flagship San Pietro copper-gold project.
Niko Cacos, Golden Arrow President & CEO, stated, "Under Joe's guidance, the Company built a pipeline of projects that has repeatedly resulted in significant discoveries and transactions, and which continues to flourish. Joe's leadership has sustained the Company and led to success even during some of the toughest markets, including through the Covid-19 pandemic and financial crisis. Most importantly, he has built a team both here in Canada and in South America who are committed to continuing his legacy of exploration, discovery and value creation. Joe remains a large shareholder who is dedicated to the Company's future, and we look forward to his contributions as a Senior Advisor while we all wish him the very best in retirement."
About Golden Arrow:
Golden Arrow is a mining exploration company with a successful track record of creating value by making precious and base metal discoveries and advancing them into exceptional deposits.
Golden Arrow is actively exploring its flagship property, the advanced San Pietro iron oxide-copper-gold-cobalt project in Chile, and a portfolio that includes nearly 125,000 hectares of prospective properties in Argentina.
The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
"Nikolaos Cacos"
_______________________________
Mr. Nikolaos Cacos,
President and CEO
For further information, please contact:
Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058
Email: info@goldenarrowresources.com
Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293752