Honey Badger Silver Announces Management and Board Changes
Honey Badger Silver (TSXV: TUF / OTCQB: HBEIF) announced management and board changes effective October 21, 2025. Director Dorian L. (Dusty) Nicol resigned from the board to accept alternate employment but will continue to support the company as a consultant.
The company promoted Andrew Jedemann to Vice President, Exploration (over eight years regional experience; led >20,000 metres of drilling) and appointed Ben Kuzmich as Qualified Person (led a $20M drill campaign that improved underground head grade by 23%). Management highlighted their roles across the company’s 7 silver projects and cited recent claim expansion at Plata as an example of their contributions.
Honey Badger Silver (TSXV: TUF / OTCQB: HBEIF) ha annunciato cambiamenti gestionali e del consiglio efficaci 21 ottobre 2025. Il direttore Dorian L. (Dusty) Nicol si è dimesso dal consiglio per accettare un impiego alternativo ma continuerà a supportare l'azienda come consulente.
L'azienda ha promosso Andrew Jedemann a Vice President, Exploration (oltre otto anni di esperienza regionale; ha guidato >20.000 metri di trivellazioni) e ha nominato Ben Kuzmich come Qualified Person (ha guidato una campagna di trivellazione da $20M che ha migliorato la grade media sotterranea del 23%). La direzione ha evidenziato i loro ruoli all'interno dei 7 progetti d'argento dell'azienda e ha citato l'espansione recente delle attività su Plata come esempio del loro contributo.
Honey Badger Silver (TSXV: TUF / OTCQB: HBEIF) anunció cambios en la dirección y en el consejo que entrarán en vigor el 21 de octubre de 2025. El director Dorian L. (Dusty) Nicol renunció al consejo para aceptar un empleo alterno, pero continuará apoyando a la empresa como consultor.
La compañía promovió a Andrew Jedemann a Vicepresidente, Exploración (con más de ocho años de experiencia regional; lideró más de 20,000 metros de perforación) y nombró a Ben Kuzmich como Qualified Person (lideró una campaña de perforación de $20M que mejoró la gradación en cabeza subterránea en un 23%). La dirección destacó sus roles en los 7 proyectos de plata de la empresa y citó la reciente expansión de derechos sobre Plata como un ejemplo de sus contribuciones.
Honey Badger Silver (TSXV: TUF / OTCQB: HBEIF) 경영진 및 이사회 변경을 2025년 10월 21일부로 발표했습니다. 이사는 Dorian L. (Dusty) Nicol이 이사회에서 물러나 다른 고용을 받게 되었으나 컨설턴트로서 회사에 계속 지원할 것입니다.
회사는 Andrew Jedemann를 Exploration 부사장으로 승진시켰으며(지역 경력 8년 이상; 2만 미터가 넘는 드릴링을 주도), Ben Kuzmich을 Qualified Person으로 임명했습니다(2천만 달러 규모의 드릴 캠페인을 주도했고 지하 시급 품질을 23% 향상시켰습니다). 경영진은 이들의 역할을 회사의 7개 은 프로젝트에 걸쳐 강조했고 Plata의 최근 지역 확대를 그들의 기여의 예로 인용했습니다.
Honey Badger Silver (TSXV: TUF / OTCQB: HBEIF) a annoncé des changements de direction et au sein du conseil qui prendront effet le 21 octobre 2025. Le directeur Dorian L. (Dusty) Nicol a démissionné du conseil pour accepter un autre emploi, mais continuera à soutenir l'entreprise en tant que consultant.
L'entreprise a promu Andrew Jedemann au poste de Vice President, Exploration (plus de huit années d'expérience régionale; dirigé plus de 20 000 mètres de forages) et a nommé Ben Kuzmich en tant que Personne Qualifiée (Qualified Person) (a dirigé une campagne de forage de 20 M$ qui a amélioré la teneur en tête sous terre de 23%). La direction a mis en avant leurs rôles dans les 7 projets d'argent de l'entreprise et a cité l'expansion récente des revendications sur Plata comme un exemple de leur contribution.
Honey Badger Silver (TSXV: TUF / OTCQB: HBEIF) hat Änderungen im Management und im Vorstand bekannt gegeben, die ab dem 21. Oktober 2025 wirksam werden. Direktor Dorian L. (Dusty) Nicol trat aus dem Vorstand zurück, um eine alternative Beschäftigung aufzunehmen, wird das Unternehmen aber weiterhin als Berater unterstützen.
Das Unternehmen beförderte Andrew Jedemann zum Vice President, Exploration (über acht Jahre regionale Erfahrung; führte >20.000 Meter Bohrungen an) und ernannte Ben Kuzmich zum Qualified Person (führte eine 20 Mio. USD-Bohrkampagne an, die das unterirdische Head Grade um 23% verbesserte). Die Führung hob ihre Rollen in den 7 Silberprojekten des Unternehmens hervor und verwies auf die jüngste Ausweitung der Plata-Claims als Beispiel für ihren Beitrag.
Honey Badger Silver (TSXV: TUF / OTCQB: HBEIF) أعلنت عن تغييرات في الإدارة والمجلس التنفيذي سارية المفعول ابتداءً من 21 أكتوبر 2025. استقال المدير Dorian L. (Dusty) Nicol من المجلس لقبول وظيفة بديلة ولكنه سيستمر في دعم الشركة كمستشار.
رفعت الشركة Andrew Jedemann إلى نائب الرئيس، الاستكشاف (أكثر من ثماني سنوات من الخبرة الإقليمية؛ قاد أكثر من 20,000 متر من الحفر) وعينت Ben Kuzmich كـ Qualified Person (قاد حملة حفر بقيمة $20M حسّنت منGrade الرأس تحت الأرض بنسبة 23%). أبرزت الإدارة أدوارهما عبر 7 مشاريع فضة للشركة واستشهدت بالتوسع الأخير في مطالب Plata كمثال على مساهمتهما.
Honey Badger Silver (TSXV: TUF / OTCQB: HBEIF) 宣布管理层和董事会变动自 2025年10月21日 起生效。董事 Dorian L. (Dusty) Nicol 辭去董事会以接受其他工作，但將以顧問身份繼續支持公司。
公司任命 Andrew Jedemann 为 Exploration 副總裁（具地區經驗超過八年；領導超過2萬米的鑽探工作）並任命 Ben Kuzmich 為 Qualified Person（帶領價值 $20M 的鑽探活動，使地下頭部品位提升 23%）。管理層強調他們在公司 7 個白銀項目中的作用，並以 Plata 的近期擴張為例說明他們的貢獻。
- Appointed Andrew Jedemann as VP, Exploration with >8 years regional experience
- Appointed Ben Kuzmich as Qualified Person after leading a $20M drill campaign
- Previous drilling leadership: >20,000 metres executed by Jedemann
- Reported 23% underground head-grade improvement tied to Kuzmich’s Hemlo program
- Director Dorian L. (Dusty) Nicol resigned from the board effective October 21, 2025
- No replacement director named in the announcement
Toronto, Ontario--(Newsfile Corp. - October 21, 2025) - Honey Badger Silver Inc. (TSXV: TUF) (OTCQB: HBEIF) ("Honey Badger" or the "Company") announces that Mr. Dorian L. (Dusty) Nicol has decided to pursue an alternative employment position that precludes him from serving on any other boards. He has thus resigned from the Company's Board of Directors effective immediately. Mr. Nicol will continue to support the Company in a consulting capacity.
Mr. Nicol has been a valuable member of the Honey Badger team, contributing his extensive geological expertise and decades of industry experience to advance the Company's technical programs.
The Company is pleased to announce the following appointments:
- Mr. Andrew Jedemann will assume the role of Vice President, Exploration.
Andrew Jedemann is an accomplished geologist with over eight years of exploration experience in northwestern Ontario, specializing in gold, nickel-copper, and PGE deposits. He has led and implemented over 20,000 meters of drilling at Barrick's Hemlo mine and contributed to new target generation in the Ring of Fire. Andrew holds an MSc from Lakehead University in partnership with the University of Tasmania (CODES), focused on early-stage porphyry and epithermal systems.
- Mr. Ben Kuzmich will serve as Qualified Person (QP) for Honey Badger Silver.
Ben Kuzmich is a professional geologist with extensive exploration experience across Ontario, Manitoba, and the Yukon. He has led major drill programs, including a$20M campaign at Barrick's Hemlo mine that improved underground head grade by23% , and contributed to key discoveries such as the Little Wing occurrence at Lynn Lake. With advanced expertise in critical mineral and pegmatite systems, Ben holds an MSc from Lakehead University focused on Ontario's Ring of Fire region.
The Company's Executive Chairman, Chad Williams, commented, "We wish every possible success to Dusty in his future endeavours. I am very happy to promote Andrew and Ben to these positions. They have already been important drivers for many of our activities on our 7 silver projects. The claim expansion at Plata is a good example of the value they have added to Honey Badger. I have no doubt that they will continue to contribute greatly to our Company."
About Honey Badger Silver Inc.
Honey Badger Silver is a silver company. The company is led by a highly experienced leadership team with a track record of value creation backed by a skilled technical team. Our projects are located in areas with a long history of mining, including the Sunrise Lake project with a historic resource of 12.8 Moz of silver at a grade of 262 g/t silver (and 201.3 million pounds of zinc at a grade of
(1) Sunrise Lake 2003 RPA historic resource: Indicated 1.522 million tonnes grading 262 grams/tonne silver,
(2) Clear Lake 2010 SRK historic Resource: Inferred 7.76 million tonnes grading 22 grams/tonne silver,
(3) Geological Survey of Canada, 2002-C22, "Structural and Stratigraphic Controls on Zn-Pb-Ag Mineralization at the Nanisivik Mississippi Valley type Deposit, Northern Baffin Island, Nunavut; by Patterson and Powis."2) Clear Lake 2010 SRK historic Resource: Inferred 7.76 million tonnes grading 22 grams/tonne silver,
ON BEHALF OF THE BOARD
Chad Williams, Executive Chairman
Sonya Pekar
Investor Relations
spekar@honeybadgersilver.com | +1 (647) 498-8244
For more information please visit our website www.honeybadgersilver.com
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.
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time such assumptions and estimates were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Honey Badger to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.
Such factors include, but are not limited to, risks relating to capital and operating costs varying significantly from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; other risks involved in the mineral exploration and development industry; and those risks set out in the Company's public documents filed on SEDAR+ (www.sedarplus.ca) under Honey Badger's issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/271346
FAQ
Who resigned from Honey Badger Silver's board on October 21, 2025 (HBEIF)?
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