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Newpath Resources Announces Executive Team Update

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Newpath Resources (OTC: RDYFF) announced on October 10, 2025 that Douglas Turnbull resigned as Chief Operating Officer effective immediately to pursue another professional opportunity. The company said Mr. Turnbull will remain engaged in a technical advisory and consulting role and will continue as a Qualified Person under NI 43-101, providing continuity for ongoing exploration and development work. Management thanked Mr. Turnbull for his operational leadership and said his continued technical support will assist Newpath as it advances its mineral portfolio.

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Positive

  • Outgoing COO remains as technical advisor and Qualified Person
  • Board cites continued continuity for exploration and development

Negative

  • Immediate resignation of COO creates near-term leadership vacancy

News Market Reaction 1 Alert

+3.61% News Effect

On the day this news was published, RDYFF gained 3.61%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Newpath Resources Inc. (CSE: PATH) (FSE: 0MZ) (OTC Pink: RDYFF) ("Newpath" or the "Company") announces that Douglas Turnbull has resigned as Chief Operating Officer of the Company, effective immediately, to pursue another professional opportunity.

Mr. Turnbull has been a key member of the Company's executive team, providing invaluable leadership and operational oversight during a pivotal period of growth and development. His contributions have been instrumental in advancing the Company's exploration and development initiatives, optimizing project execution, and enhancing stakeholder value.

While stepping down from his executive duties, Mr. Turnbull, a Qualified Person as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, will remain engaged with the Company in a technical advisory and consulting capacity. His continued involvement ensures continuity and ongoing support as Newpath progresses its portfolio of mineral assets.

"On behalf of the Board of Directors and the entire Newpath team, I want to thank Douglas for his outstanding contributions," said Alexander McAulay, CEO of Newpath. "We sincerely wish him success in his new opportunity and are pleased that he will continue to support Newpath as a technical advisor and Qualified Person."

The Company wishes Mr. Turnbull continued success in his future endeavors and looks forward to his ongoing involvement.

About Newpath Resources Inc.

Newpath is a Canadian exploration company listed on the Canadian Securities Exchange under the symbol PATH. Newpath holds a 100% interest in the early-stage Alpha/Bravo critical metal exploration project, approximately 50 kilometres northeast of Thunder Bay and the Northshore Gold Project located 4 kilometres south of Schreiber, Ontario.

On Behalf of the Company,

NEWPATH RESOURCES INC.

"Alexander McAulay"
Chief Executive Officer
Email: amcaulay@newpathresource.com
CEO Direct Line: +1 (604) 365-0425

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note on Forward-Looking Information

This release contains statements and information that, to the extent that they are not historical fact, may constitute "forward-looking information" within the meaning of applicable securities legislation based on current expectations, estimates, forecasts, projections, beliefs and assumptions made by management of the Company. Forward-looking information is generally identified by words such as "believe", "project", "aim", "expect", "anticipate", "estimate", "intend", "strategy", "future", "opportunity", "plan", "may", "should", "will", "would", and similar expressions. Although the Company believes that the expectations and assumptions on which such forward-looking information are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that it will prove to be correct. Since forward-looking information addresses future events and conditions, by its very nature it involves inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking information in this news release. The forward-looking information included in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270105

FAQ

Who resigned as COO of Newpath Resources (RDYFF) and when?

Douglas Turnbull resigned as Chief Operating Officer effective immediately on October 10, 2025.

Will Douglas Turnbull continue working with Newpath Resources (RDYFF)?

Yes. He will remain engaged in a technical advisory and consulting capacity and continue as a Qualified Person under NI 43-101.

What does Mr. Turnbull's advisory role mean for Newpath Resources (RDYFF) operations?

The company states his advisory role provides continuity and ongoing technical support for its exploration and development initiatives.

Did Newpath Resources (RDYFF) name a replacement COO on October 10, 2025?

No replacement was announced in the October 10, 2025 release.

How did Newpath's management describe Douglas Turnbull's contributions?

Management described him as a key executive who provided leadership, operational oversight, and helped advance the company's projects.
Newpath Resources Inc

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