Metals Creek Announces Retirement of Director, CFO

Rhea-AI Summary

Metals Creek (TSXV:MEK / MCREF) announced the retirement of Director and CFO Nick Tsimidis and the appointment of Kevin Ramsay as director and Chief Financial Officer, effective January 20, 2026.

Mr. Ramsay is a Chartered Professional Accountant (CPA, CA, CMA) and University of Toronto commerce graduate. He was a partner at a boutique CPA firm that audited public companies in the resource sector and served on CPA Ontario's Practice Inspection Committee. Earlier he served as CFO of Maclean Hunter's Radio Broadcast division.

Positive

• Appointed CFO with public-company audit experience in the resource sector
• New director brings CPA Ontario Practice Inspection Committee oversight experience

Negative

• Retirement of a long-serving director and CFO creates near-term leadership transition

News Market Reaction

-8.20%

1 alert

-8.20% News Effect

On the day this news was published, MCREF declined 8.20%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Thunder Bay, Ontario--(Newsfile Corp. - January 20, 2026) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) announces the retirement of Director and CFO Nick Tsimidis. The Company thanks Mr. Tsimidis for his many years of service on behalf of the Company and wishes him well in his future endeavors.

Further, the Company announces the appointment of Mr. Kevin Ramsay to the Board of Directors and as Chief Financial Officer.

"On behalf of the board of directors of Metals Creek, I would like to welcome Mr. Ramsay to the Metals Creek team," said Alexander (Sandy) Stares, President and CEO of Metals Creek. "Kevin brings a unique mix of senior board experience with a financial background that will be a tremendous asset to our Company."

Kevin Ramsay, CPA, CA, CMA, is a Chartered Professional Accountant and a graduate of the University of Toronto's Bachelor of Commerce degree.

Until his recent retirement from the field, he was a partner in a small boutique CPA firm which was a member of the Canadian Public Accountability Board (CPAB) and was the partner on charge of the audit of a number of Public Companies, mainly in the resource sector. In addition, Mr. Ramsay, also provided other assurance services, including audits, reviews and tax preparation and advice to the firm's non-public company base.

‍Earlier in his career, Mr. Ramsay worked for Maclean Hunter (now Rogers Communications) as CFO of their Radio Broadcast division and was responsible for a large accounting staff including liaising with corporate management as well as the auditors.

‍For a number of years up to his retirement, Mr. Ramsay sat on CPA Ontario's Practice Inspection Committee overseeing and approving the inspections of other accounting firms in Ontario.

About Metals Creek Resources Corp.

Metals Creek Resources Corp. is a junior exploration company incorporated under the laws of the Province of Ontario, is a reporting issuer in Alberta, British Columbia and Ontario, and has its common shares listed for trading on the Exchange under the symbol "MEK". Metals Creek has earned a 50% interest in the Ogden Gold Property, including the former Naybob Gold mine, located 6 km south of Timmins, Ontario and has an 8 km strike length of the prolific Porcupine-Destor Fault (P-DF).

Metals Creek also has multiple quality projects available for option which can be viewed on the Company's website. Parties interested in seeking more information about properties available for option can contact the Company at the number below.

Additional information concerning the Company is contained in documents filed by the Company with securities regulators, available under its profile at www.sedarplus.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.

Alexander (Sandy) Stares, President and CEO
709-424-1141
Metals Creek Resources Corp
MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/281038

FAQ

Who is Metals Creek's new CFO and director (MCREF) as of January 20, 2026?

Kevin Ramsay was appointed director and Chief Financial Officer effective January 20, 2026.

What are Kevin Ramsay's qualifications for the CFO role at Metals Creek (MCREF)?

He is a CPA, CA, CMA, University of Toronto commerce graduate, and former partner auditing public resource companies.

Which Metals Creek executive retired on January 20, 2026 (MCREF)?

Nick Tsimidis retired from his roles as director and Chief Financial Officer.

Will Kevin Ramsay join Metals Creek's board (MCREF)?

Yes. Kevin Ramsay was appointed to the board of directors and as Chief Financial Officer.

What prior senior finance role did Kevin Ramsay hold before joining Metals Creek (MCREF)?

He previously served as CFO of Maclean Hunter's Radio Broadcast division and was a partner at a boutique CPA firm.