Sego Resources Appoints Mr. Felix Grabher as a Director

Rhea-AI Summary

Sego Resources (OTC: SGOZF) appointed Felix Grabher to its board of directors, subject to regulatory approval. Grabher, managing director of Grabher GmbH & Co KG and a significant Sego shareholder since 2020, brings commercial experience, capital-allocation judgment and German-speaking investor contacts.

The board thanked Jean-Pierre Colin for his past service as he steps down to focus on corporate finance, M&A and advisory work. Sego also noted pending assay results for its December 20025 copper-gold porphyry discovery at the Billy Zone.

Positive

• Felix Grabher appointed to board; significant shareholder since 2020
• Board gains commercial and capital-allocation experience from Grabher
• Strengthened access to German-speaking investment community contacts

Negative

• Appointment is subject to regulatory approval
• Director transition: Jean-Pierre Colin stepping down reduces board continuity
• Assay results for the December 20025 discovery are still pending

Vancouver, British Columbia--(Newsfile Corp. - March 31, 2026) - Sego Resources Inc. (TSXV: SGZ) ("Sego" or "the Company") is pleased to announce the appointment of Mr. Felix Grabher to the board of directors, subject to regulatory approval.

Mr. Felix Grabher is the Managing Director of Grabher GmbH & Co KG, formerly known as FruchtExpress Grabher of Frastanz, Austria. Grabher GmbH & Co KG is a major food wholesale distributor serving the Austrian hospitality and foodservice sector.

In his executive role, he oversees operations and strategic planning, with a focus on efficiency, supplier partnerships, and sustainable growth.

Since 2020, Mr. Grabher has been actively involved as a strategic investor in the mineral exploration sector, with a particular interest in exploration-stage commodity projects and long-term value creation.

Through Grabher GmbH & Co KG, Mr. Grabher has become a significant shareholder of Sego Resources Inc. commencing in 2020. He brings to the Board a long-term owner's perspective, strong commercial judgement, and practical experience in capital allocation and risk management together with significant contacts within the German speaking investment community.

As part of this evolution Mr. Jean-Pierre Colin has kindly agreed to step down from the board to dedicate his full time to his corporate finance, M&A and corporate finance advisory services to public and private companies. The directors of the Company are grateful for Mr. Colin's previous input and wish him all the best in his future endeavours.

Pending Assay News

Sego is expecting to release assay results in respect to its December 20025 new copper gold porphyry discovery at the Billy Zone (South Gold Zone) upon review by consultants and Qualified Person.

About the Project

Sego is 100% owner of the Miner Mountain Project, an alkalic copper-gold porphyry and gold exploration project located near Princeton, British Columbia. The property is 2,056 hectares in size and is 15 kilometres north of the Copper Mountain Mine operated by Hudbay Minerals Inc. Sego has a Memorandum of Understanding with the Upper Similkameen Indian Band on whose Traditional Territory the Miner Mountain Project is situated. Sego has received an Award of Excellence for its reclamation work on the Miner Mountain Project.

For further information please contact:
J. Paul Stevenson, CEO, and Director

(604) 682-2933, email: ceo@segoresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No regulatory authority has approved or disapproved the information contained in this news release.

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statement of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects re forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290613

FAQ

Who is Felix Grabher and why was he appointed to Sego Resources (SGOZF) board?

He is the managing director of Grabher GmbH and a long-term Sego shareholder since 2020. According to the company, he brings commercial judgement, capital-allocation experience and German-speaking investment community contacts useful for strategic investor relations and growth.

Is Felix Grabher's appointment to Sego Resources (SGOZF) final and effective immediately?

No, the appointment is subject to regulatory approval before it becomes final. According to the company, the appointment awaits regulatory clearance, so the effective start date depends on the approval timeline and formal acceptance.

What is the role of Jean-Pierre Colin after stepping down from Sego Resources (SGOZF) board?

Jean-Pierre Colin will step down to focus full time on corporate finance, M&A and advisory services. According to the company, he will dedicate his efforts to advising public and private companies in corporate finance and M&A.

Does the Sego Resources (SGOZF) release include any exploration assay results or timelines?

No assay results were released; assays remain pending for the December 20025 Billy Zone discovery. According to the company, results will be released after consultant and Qualified Person review, with timing dependent on that review.

How might Felix Grabher's shareholder status since 2020 affect Sego Resources (SGOZF) governance?

His significant shareholding since 2020 could align board decisions with long-term owner interests. According to the company, his investor perspective and capital-allocation experience are expected to influence strategic and governance discussions.