Playground Ventures Announces Appointment of Director

Rhea-AI Summary

Playground Ventures (OTC:SMPBF) announced board changes effective March 24, 2026. Damien Reynolds was appointed as a director effective immediately, bringing multiple decades of experience in small public capital markets, mineral exploration, and tech startups. The company also announced the resignation of Harrison Reynolds as director and thanked him for his contributions.

For inquiries, contact Jon Gill, Chairman and Interim CFO, by phone or email.

Positive

• Director appointment: Damien Reynolds added, effective March 24, 2026
• Experience added: Multiple decades in small public capital markets and tech startups

Negative

• Director turnover: Resignation of Harrison Reynolds reduces board continuity

Toronto, Ontario--(Newsfile Corp. - March 24, 2026) - Playground Ventures Inc. (CSE: PLAY) (the "Company"), is pleased to announce that Mr. Damien Reynolds has been appointed as a director of the Company, effective immediately.

Mr. Reynolds is a Canadian entrepreneur with multiple decades of experience in the small public capital markets. While his primary focus has been mineral exploration globally, he is also involved in many tech startups and investments.

In addition, the Company would like to announce the resignation of Mr. Harrison Reynolds as a director of the Company. Management and the board of directors would like to thank Mr. Reynolds for his contributions to the Company and wishes him well in his future endeavours.

For further information, please contact:
Jon Gill, Chairman and Interim Chief Financial Officer
Tel: 416-361-1913
Email: jgill@playgroundventures.com

Forward-Looking Information

This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289743

FAQ

Who was appointed to the Playground Ventures (SMPBF) board on March 24, 2026?

Damien Reynolds was appointed as a director effective immediately on March 24, 2026. According to the company, Mr. Reynolds brings multiple decades of experience in small public capital markets, mineral exploration, and involvement in tech startups and investments.

Why did Harrison Reynolds resign from Playground Ventures (SMPBF) on March 24, 2026?

The company announced Harrison Reynolds' resignation and thanked him for his contributions. According to the company, no further details or reasons for the resignation were provided in the announcement.

How might the appointment of Damien Reynolds affect Playground Ventures (SMPBF) governance?

The appointment adds board experience in small-cap markets and tech startups that could influence strategy. According to the company, Mr. Reynolds' background includes mineral exploration and multiple decades in public capital markets.

Who should investors contact at Playground Ventures (SMPBF) for more information about the board change?

Investors should contact Jon Gill, Chairman and Interim Chief Financial Officer, for further information. According to the company, he is reachable by phone at 416-361-1913 or by email at jgill@playgroundventures.com.

When did Playground Ventures (SMPBF) announce the director change and is it effective immediately?

The director change was announced on March 24, 2026 and the appointment is effective immediately. According to the company, Damien Reynolds assumes the director role immediately and the resignation of Harrison Reynolds is effective the same date.