EnGold Announces Management Changes

EnGold Mines (TSXV: EGM) has announced significant management changes as of March 3, 2025.

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Rhea-AI Summary

EnGold Mines (TSXV: EGM) has announced significant management changes as of March 3, 2025. David Brett has stepped down from his position as CEO but will continue to serve on the Board of Directors. John Brown, the current Chairman of the Board and long-time director, has been appointed as interim CEO to assume leadership responsibilities.

Positive

Continuity maintained with Chairman assuming CEO role
Former CEO remains on Board preserving institutional knowledge

Negative

Unexpected CEO departure creates leadership uncertainty
Interim nature of new CEO appointment suggests potential instability

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03/03/2025 - 08:31 PM

Vancouver, British Columbia--(Newsfile Corp. - March 3, 2025) - Dale Reimer CFO, EnGold Mines Ltd., (TSXV: EGM) ("EnGold" or the "Company") reports that EnGold director Mr. David Brett is no longer CEO of the Company. Mr. John Brown, Chairman of the Board and long time EnGold Director, will assume the duties of the CEO on an interim basis. Mr. Brett will remain on the Board of Directors, and the Company thanks him for the service he has provided over the years.

About EnGold

EnGold is a Vancouver-based copper, gold, silver, and magnetite exploration company focused solely on its 100% owned Lac La Hache property in the Cariboo region of BC which hosts the Spout Copper Deposit, the Aurizon Gold Deposit, and the G1 Copper Deposit and other targets within a large porphyry mineralizing system. With world-class infrastructure at its doorstep, Lac La Hache is a great location to be exploring.

EnGold Mines Ltd.

Dale Reimer

CFO

Contact: John Brown
Email: jkbrown@gmx.com
Phone: (780) 909-6630

Alastair Brownlow, CPA, CA, CPA (Washington)
Red Fern Consulting Ltd.
(778)989-4533

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243206

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the new interim CEO of EnGold Mines (TSXV: EGM)?

John Brown, the Chairman of the Board, has been appointed as interim CEO of EnGold Mines.

When did David Brett step down as CEO of EnGold Mines?

David Brett stepped down as CEO of EnGold Mines on March 3, 2025.

Will David Brett remain involved with EnGold Mines after stepping down as CEO?

Yes, David Brett will remain on the Board of Directors of EnGold Mines.

What positions does John Brown hold at EnGold Mines as of March 2025?

John Brown serves as both Chairman of the Board and interim CEO of EnGold Mines.

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EnGold Announces Management Changes