Nortec Minerals Appoints Tom Baechler, P.Geo as Vice President of Exploration

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Nortec Minerals (OTC:NMNZF) appointed Tom Baechler, P.Geo. as Vice President of Exploration, effective immediately on April 16, 2026.

Baechler brings about ten years of mineral exploration experience, a B.Sc. (Hons) in Geology, and skills in 3D modelling, geoscience software and data management to support work at the Pearl Gold Project in Nevada and Barker Bay Project in Ontario.

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Toronto, Ontario--(Newsfile Corp. - April 16, 2026) - NORTEC MINERALS CORP. (TSXV: NVT) ("Nortec" or the "Company") is pleased to announce the appointment of Tom Baechler, P.Geo., as Vice President of Exploration, effective immediately.

Mr. Baechler is a Professional Geoscientist with approximately ten years of experience in the mineral exploration sector and has worked across multiple jurisdictions on both gold and base metal projects. Tom holds a B.Sc. (Honours) in Geology from Western University.

"We are very pleased to welcome Tom to the Nortec team. His technical acumen and experience managing exploration programs across multiple jurisdictions will be instrumental as we advance and seek to unlock value from the Pearl Gold Project in Nevada and the Barker Bay Project in Ontario.

Tom's extensive experience in 3D modelling, geoscience and exploration software and data management, provides the Company with a highly versatile technical leader with a broad and practical skill set," commented Ryan Hrkac, Chief Executive Officer of the Company.

About Nortec Minerals Corp.

Nortec is a mineral exploration company focused on identifying gold and copper properties with high discovery potential and advancing those projects to create outsized shareholder value. Current property holdings comprise 100% interests in two exploration stage critical mineral (zinc) projects, namely the Sturgeon Lake VMS and the Mattagami River Zinc properties, both located in Ontario, Canada. Additionally, the Company holds a 16.4% interest in the Tammela Gold in Southwest Finland.

On November 5, 2025, the Company announced that it entered into an asset purchase agreement to acquire the Barker Bay Gold Property, located in Ontario, Canada.

On February 25, 2026, the Company announced that it entered into an option agreement to acquire the high-grade, past producing, Pearl Gold Project, located in Nevada, U.S.A.

Additional information can be found on the Company's SEDAR profile at www.sedarplus.ca and its website at www.nortecminerals.com.

On behalf of the Company,

"Ryan Hrkac"
Chief Executive Officer
info@nortecminerals.com

Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities of the Company have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

Information set forth in this press release may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in palladium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the absence of dividends; competition; dilution; the volatility of our common share price and volume; and tax consequences to Canadian and U.S. Shareholders. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292836

FAQ

Who is Tom Baechler and what is his role at Nortec Minerals (NMNZF)?

Tom Baechler is the new Vice President of Exploration at Nortec Minerals, effective April 16, 2026. According to the company, he is a Professional Geoscientist with about ten years' experience in gold and base metal exploration and expertise in 3D modelling and data management.

When did Tom Baechler start as VP of Exploration at Nortec Minerals (NMNZF)?

Tom Baechler started effective immediately on April 16, 2026 as Vice President of Exploration. According to the company, his appointment is effective immediately and he will support exploration at the Pearl Gold Project and Barker Bay Project.

How will Tom Baechler's appointment affect the Pearl Gold Project (NMNZF)?

The appointment is intended to strengthen technical exploration leadership for the Pearl Gold Project in Nevada. According to the company, Baechler's experience managing exploration programs and 3D modelling skills will help advance and unlock project value.

What experience does Tom Baechler bring relevant to Barker Bay Project for NMNZF?

Baechler brings roughly ten years of experience across jurisdictions on gold and base metal projects and holds a B.Sc. (Hons) in Geology. According to the company, his geoscience software and data management skills are directly relevant to Barker Bay exploration work.

What should NMNZF investors expect from this management appointment?

Investors should view the appointment as increased technical capability for ongoing exploration programs. According to the company, the hire strengthens field and data expertise to support advancement of the Pearl Gold and Barker Bay projects.