Metalsource Announces Change of Directors

Rhea-AI Summary

Metalsource (SFRIF) appointed Adam Falkoff to its board of directors effective January 19, 2026. Mr. Falkoff brings over 20 years of public policy, diplomacy and business development experience, including advisory roles to CEOs, heads of state and senior U.S. officials, membership in the Council on Foreign Relations and Trilateral Commission, and senior executive roles at CapitalKeys, Amazon and Microsoft.

The company granted Mr. Falkoff 450,000 incentive stock options exercisable at $1.14 per share for five years, vesting over one year and subject to a hold period of four months and one day, under the company's Stock Option Plan.

Vancouver, British Columbia--(Newsfile Corp. - January 19, 2026) - METALSOURCE MINING INC. (CSE: MSM) (the "Company" or "Metalsource") announces the appointment of Adam Falkoff as a Director of the Company.

Mr. Falkoff has over 20 years of experience in public policy, diplomacy and business development. He has advised CEOs of the Fortune 100, Presidents, Prime Ministers, Cabinet Ministers and Ambassadors.

He is a life member of the Council on Foreign Relations and a member of the Trilateral Commission. He is a member of the Explorers Club. Mr. Falkoff served two U.S. Senators and a Vice President of the United States. He was appointed by the U.S. Secretary of State as a United States Public Diplomacy Envoy. His private sector experience includes senior executive leadership at CapitalKeys, Amazon and Microsoft. He is also the interim president of RARE, The Association for Rare Earth.

Mr. Falkoff was awarded the Ellis Island Medal of Honor, one of the nation's highest honors, for achievement and inspired service to the United States. He was twice named to the Washington, D.C. Power 100, a list of the 100 most influential non-elected people in Washington, D.C.

Mr. Falkoff holds a BA from Duke University and an MBA and MIM from the Thunderbird School of Global Managment. Mr. Falkoff also holds a Certificate in International Law from the University of Salzburg, Institute on International Legal Studies. The coursework was instructed by Supreme Court Justices Anthony Kennedy and John Paul Stevens. Mr. Falkoff participated in the postgraduate programme at the School of Mining Engineering at the University of Witwatersrand, Johannesburg, South Africa known as the world's preeminent institution in the field of international mining and mining studies.

Joe Cullen, CEO, stated: "We are thrilled to welcome Adam Falkoff to our Board of Directors. His unique combination of high-level policy experience, business leadership, and deep understanding of critical minerals positions him perfectly to help guide Metalsource Mining through this pivotal stage of its development."

The Company has granted 450,000 incentive stock options (the "Options") to Mr. Falkoff. The Options are exercisable at $1.14 per share for a period of five years from the date of grant. The Options vest over a one-year period and are subject to a hold period of four months and one day. The Options have been granted under and are governed by the terms of the Company's Stock Option Plan.

About Metalsource Mining

Metalsource Mining Inc. is a Canadian mineral exploration company focused on advancing high-potential mineral assets through modern, systematic exploration and value-driven discovery.

For further information, please contact:
Joe Cullen CEO - Metalsource Mining Inc.
Tel: (778) 919-8615
Email: jcullen@metalsourcemining.com

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280775

FAQ

Who did Metalsource (SFRIF) appoint to its board on January 19, 2026?

Metalsource appointed Adam Falkoff as a director on January 19, 2026.

What is Adam Falkoff's background as described by Metalsource (SFRIF)?

He has over 20 years in public policy, diplomacy and business development, advisory roles to senior leaders, and executive experience at CapitalKeys, Amazon and Microsoft.

How many stock options did Metalsource (SFRIF) grant to Adam Falkoff and at what price?

The company granted 450,000 incentive stock options exercisable at $1.14 per share.

What are the term and vesting conditions of the options granted by Metalsource (SFRIF)?

Options are exercisable for five years, vest over a one-year period, and carry a hold period of four months and one day.

Under what plan were Adam Falkoff's options granted at Metalsource (SFRIF)?

The options were granted under and are governed by the company's Stock Option Plan.

Does the appointment note any specific roles or honors for Adam Falkoff relevant to Metalsource (SFRIF)?

Yes; highlights include membership in the Council on Foreign Relations, service as a U.S. public diplomacy envoy, and awards such as the Ellis Island Medal of Honor.