Kodiak Copper Strengthens Board of Directors to Support Next Phase of Growth

Rhea-AI Summary

Kodiak Copper (OTCQX: KDKCF) announced the appointment of Tom Bruington to its Board of Directors, effective February 25, 2026, and the planned departure of long-serving director Chad Ulansky, who has served since 2016.

Bruington brings >45 years of global mining experience, porphyry copper expertise and senior roles at Sandstorm Gold Royalties and IFC, intended to support advancement of the MPD copper-gold project and Kodiak's next development phase.

Positive

• Experienced appointment: Tom Bruington with >45 years in mining
• Technical fit: Bruington's porphyry copper expertise aligns with MPD development
• Senior industry roles: Former EVP - Project Evaluation at Sandstorm and Chief Engineer at IFC

Negative

• Departure of a long-serving director: Chad Ulansky (served since 2016)

News Market Reaction

-3.84%

1 alert

-3.84% News Effect

On the day this news was published, KDKCF declined 3.84%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - February 19, 2026) - Kodiak Copper Corp. (TSXV: KDK) (OTCQX: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") announces the appointment of Mr. Tom Bruington to its Board of Directors, effective February 25, 2026. Mr Bruington is a mining engineer with broad experience in the evaluation, development and economic assessment of projects. Current director Mr. Chad Ulansky will step down from Kodiak's Board after serving since 2016.

Claudia Tornquist, President and CEO of Kodiak said, "We are delighted to welcome Tom to Kodiak's Board of Directors. His deep technical expertise and global copper porphyry experience will be invaluable as we advance our MPD copper-gold project through the next stages of development. Tom's background aligns directly with Kodiak's strategic priorities, and we look forward to benefiting from his insight and guidance.

"On behalf of the Board and management team, I would like to sincerely thank Chad for his dedication, professionalism and contributions to Kodiak. Over many years Chad was instrumental in helping guide the Company to important milestones, including the recent maiden resource estimate for MPD. It has been a genuine pleasure working with Chad and I wish him continued success in his future endeavours."

Mr. Bruington brings more than 45 years of diverse international minerals industry experience, having worked on projects in 67 countries. He most recently served as Executive Vice President - Project Evaluation at Sandstorm Gold Royalties until its recent acquisition by Royal Gold. Prior to that, he spent 12 years with the International Finance Corporation (IFC), a member of the World Bank Group, where he held the position of Chief Engineer.

Mr. Bruington has extensive operational and development experience in large-scale copper systems. He has worked in the operations of major porphyry copper mines with Southern Peru Copper and was involved in the development and operation of the Ernest Henry copper mine in Queensland, Australia. His expertise spans geology, mining, mineral resource estimation, mineral processing, and economic evaluation.

He holds three degrees from the Colorado School of Mines: an M.Sc. in Mineral Economics, a B.Sc. in Mining Engineering, and a B.Sc. in Petroleum Engineering. Mr. Bruington is a Registered Professional Engineer in the State of Nevada, a Registered Member of the Society for Mining, Metallurgy & Exploration (SME), and a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM).

On behalf of the Board of Directors
Kodiak Copper Corp.

Claudia Tornquist
President & CEO

For further information contact:
Nancy Curry, VP Corporate Development
ncurry@kodiakcoppercorp.com
+1 (604) 646-8362

About Kodiak Copper Corp.

Kodiak is focused on advancing its copper porphyry projects in Canada and the USA, which host known mineral discoveries with the potential to hold large-scale deposits. Kodiak Copper's most advanced asset is the 100% owned MPD copper-gold porphyry project in the prolific Quesnel Terrane in south-central British Columbia, Canada, an established mining region with producing mines and excellent infrastructure. MPD exhibits all the hallmarks of a large, multi-centered porphyry district with the potential for future economic development. The initial Mineral Resource Estimate published in 2025 outlines seven substantial deposits and underscores the scale and potential of the project. All known deposits remain open to expansion, and numerous targets across the property have yet to be tested. Kodiak continues to systematically explore MPD's district-scale potential with the goal of delivering new discoveries and building further critical mass toward being the region's next mine.

Kodiak's founder and Chairman is Chris Taylor who is well-known for his gold discovery success with Great Bear Resources. Kodiak is also part of Discovery Group led by John Robins, one of the most successful mining entrepreneurs in Canada.

Neither 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 Statement (Safe Harbor Statement): This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking statements concerning the Company's exploration plans. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward-looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.

Management has provided the above summary of risks and assumptions related to forward-looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284403

FAQ

Who is Tom Bruington and why did Kodiak (KDKCF) appoint him to the board on February 25, 2026?

Tom Bruington is a mining engineer with over 45 years' global experience, appointed effective February 25, 2026. According to the company, his porphyry copper and project evaluation background will support advancement of the MPD copper-gold project.

What is the expected impact of Tom Bruington's appointment on Kodiak's MPD project and KDKCF shareholders?

The appointment is intended to strengthen technical oversight for MPD development. According to the company, Bruington's experience in large-scale copper systems aims to inform development steps and strategic decisions benefiting project progression.

When will Chad Ulansky step down from Kodiak's board and how long did he serve at Kodiak (KDKCF)?

Chad Ulansky will step down following the appointment and has served on the board since 2016. According to the company, Ulansky contributed to milestones including the maiden resource estimate for MPD.

What are Tom Bruington's prior roles and qualifications relevant to Kodiak Copper (KDKCF)?

Bruington most recently served as EVP - Project Evaluation at Sandstorm and was Chief Engineer at IFC. According to the company, he holds three degrees from Colorado School of Mines and has porphyry copper operational experience.

Does Kodiak (KDKCF) say why the board change matters for near-term development timelines?

Kodiak indicates the change is to support the next development phase of MPD. According to the company, Bruington's technical expertise will be valuable as the project advances through upcoming development stages.