Exploits Appoints Guy Bédard to Board
Rhea-AI Summary
Exploits Discovery Corp (OTCQB: NFLDF, CSE: NFLD) appointed veteran mining engineer Guy Bédard to its Board of Directors effective December 10, 2025 as the company refocuses growth in Québec and Ontario.
Bédard has 30+ years in underground and open-pit operations and leadership, including recent roles as Mine General Manager at First Majestic Silver, Underground Mines Director at Calibre Mining, and General Manager at Lundin Gold's Fruta del Norte. The company highlighted his project development and Québec expertise for advancing gold projects, including drilling at Fenton.
The company also granted incentive stock options for an aggregate of 3,425,000 common shares exercisable until December 10, 2028 at $0.065 per share; the options are fully vested.
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News Market Reaction
On the day this news was published, NFLDF declined 0.22%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers in the Gold space showed mixed moves, with names like ICMFF down 5.23% and TINFF up 3.07%, while NFLDF was down 0.22%. The lack of a consistent direction suggests this board and option announcement was company-specific rather than part of a sector-wide move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 05 | Asset sale closing | Positive | +7.3% | Closed sale of Newfoundland claims for NFG shares and <b>1.0% NSR</b>. |
| Oct 29 | Shareholder approvals | Positive | +7.0% | Shareholders approved sale of Newfoundland claims with <b>99.51%</b> support. |
| Oct 08 | Exploration program | Positive | -1.0% | Launched high-resolution geophysics at Fenton and Wilson ahead of drilling. |
| Oct 03 | Meeting circular | Positive | +3.3% | Filed circular for meeting to approve Newfoundland asset sale and elect board. |
| Sep 08 | Asset sale agreement | Positive | +16.3% | Entered agreement to sell mineral claims to New Found Gold with <b>1% NSR</b>. |
Recent news has generally been transaction- and strategy-focused and often met with positive price reactions, with only one notable divergence on exploration program updates.
This announcement follows a period of significant strategic change for Exploits Discovery. On Dec 5, 2025, the company closed the sale of substantially all Newfoundland claims to New Found Gold for NFG shares and a 1.0% NSR royalty, leaving ~$13M in cash and shares and ~680,000 oz of historical gold estimates in Québec and Ontario. Earlier, shareholders approved the Newfoundland sale with 99.51% support. Geophysics programs at Fenton and Wilson and governance steps around the special meeting framed the company’s pivot to Québec and Ontario, into which this new board appointment and option grant fit.
Market Pulse Summary
This announcement detailed the appointment of an experienced Québec-based mining engineer to the board and a grant of 3,425,000 fully vested incentive stock options at $0.065, expiring on December 10, 2028. It followed major strategic moves, including selling Newfoundland assets and pivoting toward Québec and Ontario. Investors may watch how this new director influences project advancement and capital allocation, as well as how option grants interact with future financing and exploration decisions.
Key Terms
incentive stock options financial
HSE stewardship technical
AI-generated analysis. Not financial advice.
Veteran Mining Engineer Brings Technical Expertise and Deep Experience in Québec
Toronto, Ontario--(Newsfile Corp. - December 10, 2025) - Exploits Discovery Corp. (CSE: NFLD) (OTCQB: NFLDF) (FSE: 634) today announced the appointment of Mr. Guy Bédard to its Board of Directors, effective December 10, 2025, as the Company advances its refocused growth strategy in Québec and Ontario.
"Guy brings exactly the kind of project development experience and Québec insight we want at the board table," said Doug Cater, Chair of the Board. "As we pivot our efforts toward advancing our Québec gold projects, including drilling at Fenton, his experience prioritizing and advancing projects with disciplined capital allocation will be a significant asset for Exploits and its shareholders."
Mr. Bédard is a Québec-based mining engineer with more than 30 years of underground and open-pit experience spanning operations, projects, and senior leadership roles across the Americas. Most recently he was the Mine General Manager at First Majestic Silver Corp. and previously served as Underground Mines Director at Calibre Mining and General Manager with Lundin Gold Inc. at the Fruta del Norte mine in Ecuador, following a period as Principal of GB Consulting.
Mr. Bédard holds a B.Eng. (Mining) from Université Laval and has completed senior leadership studies at the Rotman School of Management (University of Toronto). He brings deep expertise in technical execution, HSE stewardship, and team leadership, with particular strength in Québec and Latin America.
Stock Option Grant
The Company also announces that it has granted to certain of its directors, officers, employees and consultants incentive stock options to purchase up to an aggregate of 3,425,000 common shares, exercisable on or before December 10, 2028, at a price of
About Exploits Discovery Corp.
Exploits Discovery is a Canadian gold exploration company focused on growing ounces in top-tier mining jurisdictions in Québec and Ontario, anchored by approximately 680,000 ounces of historical gold resources across its Fenton, Wilson, Benoist and Hawkins projects. The Company also holds a strategic equity position and royalty exposure to New Found Gold Corp. in Newfoundland following the sale of its Newfoundland claims in 2025. Exploits' strategy is to unlock district-scale potential across its balanced Québec-Ontario portfolio through systematic, data-driven exploration and strategic partnerships, creating shareholder value through discovery and resource growth.
On Behalf of the Board
/s/ "Jeff Swinoga"
President and CEO
+1 (778) 819-2708
investors@exploits.gold
https://exploitsdiscovery.com
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as the term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy of accuracy of this news release.
Forward-Looking Statements
This news release contains certain forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, market conditions, availability of financing, actual results of the Company's exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labor issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277514
FAQ
Who is Guy Bédard and why did Exploits (NFLDF) appoint him to the board on December 10, 2025?
What experience does Guy Bédard bring to Exploits Discovery (NFLDF)?
How does Guy Bédard’s appointment affect Exploits’ Québec strategy and Fenton drilling (NFLDF)?
What are the terms of the stock option grant announced by Exploits (NFLDF)?
When do the granted options for Exploits (NFLDF) expire and are they vested?
Where is Guy Bédard based and what education does he hold relevant to Exploits (NFLDF)?
