St. Augustine Announces the Appointment of a New Board Member

Rhea-AI Summary

St. Augustine Gold and Copper Limited (TSX: SAU) has appointed Michael G. Regino to its Board of Directors, replacing the late Johnny Aurelio C. Felizardo. Regino, who currently serves as the Company's Chief Operating Officer, brings over 35 years of managerial experience in construction, real estate development, and mining.

Regino's impressive background includes his role as managing director at TVI Resource Development Phils Inc. and his recent position as President and CEO of the Social Security System, where he managed to deliver over P1 trillion in benefits to members. He has also served on the boards of Union Bank of the Philippines and Philex Mining.

Positive

• Appointment of experienced executive with 35+ years of managerial expertise
• New director brings diverse experience across construction, real estate, and mining sectors
• Strong track record of leadership as former SSS President and CEO

Negative

• None.

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Manila, Philippines--(Newsfile Corp. - August 8, 2025) - St. Augustine Gold and Copper Limited (TSX: SAU) ("St. Augustine" or the "Company") is pleased to announce the appointment of Mr. Michael G. Regino to its Board of Directors, effectively immediately. Mr. Regino replaces Mr. Johnny Aurelio C. Felizardo, who recently passed away.

Mr. Regino is the Company's Chief Operating Officer and a business executive with over 35 years of extensive managerial experience in construction, real estate development and mining. Mr. Regino is also managing director of TVI Resource Development Phils Inc., which has interests in mining and processing of precious metals, copper and zinc, among others.

Mr. Regino recently served as commissioner, and then as President and CEO, of the Social Security System, for which he drove efficiencies, built its investment portfolio and delivered over P1 trillion in benefits to its members during his tenure. He was likewise a board of director of two public companies in the last five years: Union Bank of the Philippines and Philex Mining.

The Company expresses its deepest condolences on the passing of Mr. Johnny Aurelio C. Felizardo, who served with distinction and dedication. His contributions to the Company were significant and long-lasting.

About St. Augustine

St. Augustine (SAU.T) is a TSX-listed mining company focused on the development of the Kingking Copper-Gold Project. The Project is one of the largest undeveloped copper-gold deposits in the world and is listed as a top three-priority mining project by the Philippine government.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This announcement includes certain "forward-looking statements" within the meaning of Canadian securities legislation. All statements, other than statements of historical fact included herein are forward looking statements. Forward-looking statements involve various risks and uncertainties and are based on certain factors and assumptions. While we consider these assumptions to be reasonable based on currently available information, they may prove to be incorrect. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking information is also subject to certain factors, including risks and uncertainties, that could cause actual results to differ materially from the Company's current expectations, including changes in market conditions, governmental or regulatory developments and general economic conditions. Other risks and uncertainties related to the Company are disclosed under the heading "Risk Factors" in the Company's Annual Information Form dated March 31, 2025 and filed with Canadian securities regulatory authorities on the SEDAR+ website at www.sedarplus.ca. Forward-looking information contained in this announcement is based on our current estimates, expectations and projections, which we believe are reasonable as of the current date. You should not place undue importance on forward-looking information and should not rely on this information as of any other date. While we may elect to, we are under no obligation and do not undertake to update this information at any particular time except as required by applicable securities law.

For more information:

Nicolaos Paraskevas
Investor and Public Relations Contact
+632 77288491
E: info@kingking.ph

ST. AUGUSTINE CORPORATE HEADQUARTERS
No.21, Greenwood Lane,  Singapore, 286949

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261747

FAQ

Who is the new board member of St. Augustine Gold and Copper (TSX: SAU)?

Michael G. Regino has been appointed to the board, replacing Johnny Aurelio C. Felizardo. Regino is currently the company's Chief Operating Officer.

What is Michael Regino's experience before joining St. Augustine's board?

Regino has over 35 years of managerial experience in construction, real estate development, and mining. He previously served as President and CEO of the Social Security System and held board positions at Union Bank of Philippines and Philex Mining.

What positions does Michael Regino currently hold?

Regino serves as Chief Operating Officer of St. Augustine and is the managing director of TVI Resource Development Phils Inc., which focuses on precious metals, copper, and zinc.

What were Michael Regino's achievements at the Social Security System?

As President and CEO of SSS, Regino drove efficiencies, built the investment portfolio, and delivered over P1 trillion in benefits to SSS members during his tenure.