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Red Metal Resources Announces Board and Management Changes

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Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) has announced significant changes to its board and management. Gregg Jensen has resigned as director, President, CEO, and Corporate Secretary due to personal reasons, effective August 15, 2024. Caitlin Jeffs will assume these management positions starting August 16, 2024. Additionally, Brian Gusko, the current VP of Finance, will join the Board of Directors. Gusko, who has extensive board experience in the mining sector, expressed enthusiasm about the potential of the Farellon Project in Chile, which has undergone over 9,000 meters of drilling. The new Board of Directors now consists of Caitlin Jeffs, Cody McFarlane, Michael Thompson, Marian Myers, and Brian Gusko.

Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) ha annunciato significative modifiche al suo consiglio di amministrazione e alla direzione. Gregg Jensen si è dimesso da direttore, Presidente, CEO e Segretario Aziendale per motivi personali, con effetto dal 15 agosto 2024. Caitlin Jeffs assumerà queste posizioni di gestione a partire dal 16 agosto 2024. Inoltre, Brian Gusko, l'attuale VP delle Finanze, si unirà al Consiglio di Amministrazione. Gusko, che ha una vasta esperienza nel consiglio nel settore minerario, ha espresso entusiasmo per il potenziale del Progetto Farellon in Cile, che ha subito oltre 9.000 metri di perforazione. Il nuovo Consiglio di Amministrazione è ora composto da Caitlin Jeffs, Cody McFarlane, Michael Thompson, Marian Myers e Brian Gusko.

Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) ha anunciado cambios significativos en su consejo y gestión. Gregg Jensen ha renunciado como director, presidente, CEO y secretario corporativo por razones personales, con efecto a partir del 15 de agosto de 2024. Caitlin Jeffs asumirá estos cargos de gestión a partir del 16 de agosto de 2024. Además, Brian Gusko, el actual VP de Finanzas, se unirá a la Junta Directiva. Gusko, que tiene una amplia experiencia en juntas dentro del sector minero, expresó entusiasmo por el potencial del Proyecto Farellon en Chile, que ha tenido más de 9,000 metros de perforación. La nueva Junta Directiva ahora consiste en Caitlin Jeffs, Cody McFarlane, Michael Thompson, Marian Myers y Brian Gusko.

레드 메탈 리소스(Red Metal Resources) (CSE: RMES) (OTC Pink: RMESF)가 이사회와 임원진에 대한 중요한 변화를 발표했습니다. 그렉 젠센이 개인적인 사유로 이사, 사장, CEO, 기업 비서직에서 사임하였습니다, 2024년 8월 15일부로 효력이 발생합니다. 케이틀린 제프스가 2024년 8월 16일부터 이러한 경영직을 맡습니다. 또한, 현재 재무 부사장인 브라이언 거스코가 이사회에 합류합니다. 거스코는 광산 산업에서 폭넓은 이사회 경험을 가지고 있으며, 9,000미터 이상의 탐사가 진행된 칠레 파렐론 프로젝트의 잠재성에 대해 기대감을 표현했습니다. 새로운 이사회는 케이틀린 제프스, 코디 맥팔레인, 마이클 톰슨, 마리안 마이어스, 브라이언 거스코로 구성됩니다.

Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) a annoncé d'importants changements au sein de son conseil d'administration et de sa direction. Gregg Jensen a démissionné de ses fonctions de directeur, président, PDG et secrétaire corporatif pour des raisons personnelles, avec effet au 15 août 2024. Caitlin Jeffs assumera ces fonctions de direction à partir du 16 août 2024. De plus, Brian Gusko, l'actuel vice-président des finances, rejoindra le conseil d'administration. Gusko, qui a une vaste expérience au sein de conseils dans le secteur minier, a exprimé son enthousiasme quant au potentiel du projet Farellon au Chili, qui a subi plus de 9 000 mètres de forages. Le nouveau conseil d'administration est désormais composé de Caitlin Jeffs, Cody McFarlane, Michael Thompson, Marian Myers et Brian Gusko.

Red Metal Resources (CSE: RMES) (OTC Pink: RMESF) hat bedeutende Änderungen im Vorstand und in der Geschäftsführung bekannt gegeben. Gregg Jensen hat aus persönlichen Gründen als Direktor, Präsident, CEO und Unternehmenssekretär resigniert, wirksam ab dem 15. August 2024. Caitlin Jeffs wird diese Führungspositionen ab dem 16. August 2024 übernehmen. Darüber hinaus wird Brian Gusko, der derzeitige VP für Finanzen, dem Vorstand beitreten. Gusko, der über umfangreiche Erfahrung im Vorstand im Bergbausektor verfügt, äußerte seine Begeisterung über das Potenzial des Farellon-Projekts in Chile, das über 9.000 Meter Bohrungen durchgeführt hat. Der neue Vorstand besteht jetzt aus Caitlin Jeffs, Cody McFarlane, Michael Thompson, Marian Myers und Brian Gusko.

Positive
  • Brian Gusko, with extensive board experience in mining, joins the Board of Directors
  • Farellon Project in Chile has undergone over 9,000 meters of drilling, indicating significant exploration progress
Negative
  • Resignation of Gregg Jensen from multiple key positions may lead to leadership transition challenges

Vancouver, British Columbia--(Newsfile Corp. - August 16, 2024) - RED METAL RESOURCES LTD. ("Red Metal" or the "Company") (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) announces that, due to personal reasons, Gregg Jensen has resigned as director of the Company effective August 15, 2024.

In addition, Mr. Jensen has resigned from his management positions as President, CEO and Corporate Secretary of the Company, those positions will be transitioned to Caitlin Jeffs effective August 16, 2024.

The Company is pleased to announce that Brian Gusko, currently VP of Finance, will join the Board of Directors. Mr. Gusko has been on the Board of Directors of numerous companies in the past 15 years, including many in the mining sector.

Brian Gusko commented, "I have been to the Company's properties in Chile, and am excited about the potential of the Farellon Project, which has had over 9,000 metres of drilling done to date. It is my goal to help communicate to the market the potential of this project and raise the capital the Company needs to execute on its vision."

Following Mr. Jensen's resignation, and Brian Gusko's appointment, the Board of Directors now consists of Caitlin Jeffs, P.Geo., Cody McFarlane, Michael Thompson, P.Geo., Marian Myers, P.Geo., and Brian Gusko, MBA.

About Red Metal Resources Ltd.

Red Metal Resources is a mineral exploration company focused on growth through acquiring, exploring and developing copper-cobalt-gold assets in Chile. The Company's projects are located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile's coastal Cordillera. Red Metal is quoted on the CSE under the symbol RMES and on OTC Link alternative trading system on the OTC Pink marketplace under the symbol RMESF.

For more information, visit www.redmetalresources.com

Contact:
Red Metal Resources Ltd.
Caitlin Jeffs, CEO
1-866-907-5403
caitlin.jeffs@redmetalresources.com
www.redmetalresources.com

Forward-Looking Statements - All statements in this press release, other than statements of historical fact, are "forward-looking information" within the meaning of applicable securities laws. Red Metal provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to exploration findings, results and recommendations, ability to raise adequate financing, receipt of required approvals and unprecedented market and economic risks associated with current unprecedented market and economic circumstances, as well as those risks and uncertainties identified and reported in Red Metal's public filings under its SEDAR+ profile at www.sedarplus.ca. Although Red Metal has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Red Metal disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220273

FAQ

What management changes were announced by Red Metal Resources (RMESF) on August 16, 2024?

Red Metal Resources announced that Gregg Jensen resigned as director, President, CEO, and Corporate Secretary. Caitlin Jeffs will assume these management positions, and Brian Gusko, the current VP of Finance, will join the Board of Directors.

Who is the new CEO of Red Metal Resources (RMESF) as of August 16, 2024?

Caitlin Jeffs will become the new CEO of Red Metal Resources, effective August 16, 2024, following Gregg Jensen's resignation.

How much drilling has been done on Red Metal Resources' (RMESF) Farellon Project in Chile?

According to the press release, the Farellon Project in Chile has undergone over 9,000 meters of drilling to date.

Who are the current members of Red Metal Resources' (RMESF) Board of Directors after the recent changes?

Following the recent changes, Red Metal Resources' Board of Directors consists of Caitlin Jeffs, Cody McFarlane, Michael Thompson, Marian Myers, and Brian Gusko.

RED METAL RESOURCES LTD

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