Stuhini Announces Retirement of Founder & Chairman David O'Brien from Board of Directors
Rhea-AI Summary
Stuhini (OTCQB: STXPF) announced that founder and Chairman David O'Brien did not stand for re-election and has formally retired from the Board effective after the Annual General Meeting.
Mr. O'Brien founded Stuhini in 2017, served as President and CEO until mid-2025, and will remain a supportive shareholder, the company said. At the AGM held on December 3, 2025, shareholders re-elected Meredith Eades, Fioravante Aliperti, and Kazuki Nohdomi as directors, re-appointed Dale Matheson Carr-Hilton Labonte LLP as auditor, and approved a rolling 10% stock option plan.
Positive
- Founder remains a supportive shareholder
- Board re-elected three directors on December 3, 2025
- Shareholders approved a rolling 10% stock option plan
Negative
- Founder and former CEO retired from the board
- Company experienced leadership change when CEO role ended in mid-2025
News Market Reaction
On the day this news was published, STXPF declined 5.80%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
No peer stocks or sector momentum flags were recorded; the -5.8% move appears stock-specific based on available data.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 08 | Board change | Neutral | -5.8% | Founder and Chairman retires from Board after AGM. |
| Dec 01 | Metallurgy results | Positive | +13.8% | Strong silver grades and high recoveries from mini-bulk sample. |
| Nov 04 | Exploration target | Positive | +5.7% | New high‑grade copper‑gold porphyry target identified at Ruby Creek. |
| Oct 21 | Economic study | Positive | -4.5% | Tetra Tech engaged for conceptual economic assessment of molybdenum deposit. |
| Oct 06 | Sampling update | Positive | -2.4% | Mini bulk sample completed to test bonanza‑grade silver mineralization. |
Recent Ruby Creek exploration news has produced mixed reactions, with some strong gains and some selloffs despite broadly positive operational updates.
Over the last few months, Stuhini focused on advancing its Ruby Creek Project. On October 6, 2025, it completed a 1,585‑pound mini bulk sample at the Silver Surprise Zone, followed by engaging Tetra Tech for an economic assessment of the Ruby Creek molybdenum deposit on October 21. Subsequent high‑grade copper‑gold and metallurgical results drove notable price moves. Today’s management transition removes the 2017 founder from the Board while reaffirming the Ruby Creek strategy.
Market Pulse Summary
The stock moved -5.8% in the session following this news. A negative reaction despite a straightforward governance update fits a pattern where the stock has sometimes sold off around corporate news, even as Ruby Creek technical results were positive. The founder’s full departure from the Board may raise questions about leadership transition, though he remains a shareholder. Past moves around news have been mixed, suggesting that sentiment around management and execution risk can quickly influence pricing.
Key Terms
stock option plan financial
AI-generated analysis. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2025) - Stuhini Exploration Ltd. (TSXV: STU) (OTCQB: STXPF) (WKN: A2PLBV) ("Stuhini" or the "Company") announces that David O'Brien did not stand for re-election at the Company's recent Annual General Meeting and has formally retired from the Board of Directors.
Mr. O'Brien founded Stuhini in 2017, serving as President and CEO until mid-2025, and most recently as Chairman. With his departure, Mr. O'Brien concludes his formal involvement with the Company.
"We acknowledge and thank Dave for his role in founding Stuhini and securing the Ruby Creek property in the Company's early stages," said Meredith Eades, President and CEO. "As Stuhini continues to evolve, we remain focused on advancing Ruby Creek and executing on our dual-path, multi-metal strategy with a strong and forward-looking team."
Mr. O'Brien commented: "It's been a privilege to be involved in Stuhini's early development - from its formation through to its listing and initial work programs. I've appreciated the opportunity to work alongside a committed team and contribute during those foundational years. As I step away from the Board and into the next chapter of my life, I remain a supportive shareholder and look forward to seeing the Company continue to advance under the leadership of the current team."
The Board and executive team remain committed to advancing exploration and development across Stuhini's flagship Ruby Creek Project in northern British Columbia and to delivering long-term value for shareholders.
Stuhini is also pleased to announce that at its Annual General Meeting held on December 3, 2025, shareholders voted to re-elect Meredith Eades, Fioravante Aliperti, and Kazuki Nohdomi as directors of the Company; re-appoint Dale Matheson Carr-Hilton Labonte LLP, Chartered Professional Accountants, as auditor of the Company; and approve the Company's rolling
About Stuhini Exploration Ltd.
Stuhini is a mineral exploration company focused on exploration and development of precious and base metals properties in western Canada. The Company's portfolio of exploration properties includes the flagship multi-metal Ruby Creek Property, 16 km east of Atlin, BC; the Big Ledge Zinc-Lead Property, 57 km south of Revelstoke, BC and South Thompson Nickel Property in West-Central Manitoba.
For further information on Stuhini, visit our website at www.stuhini.com or contact:
Meredith Eades
President & CEO
meades@stuhini.com
604.360.4668
Twitter: @STUexploration
LinkedIn: Stuhini Exploration
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) 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/277208
FAQ
Who retired from Stuhini's board on December 8, 2025 (OTCQB: STXPF)?
When did David O'Brien found Stuhini and when did he stop serving as CEO?
Which directors were re-elected at Stuhini's AGM on December 3, 2025 (STXPF)?
What corporate governance items were approved at Stuhini's December 3, 2025 AGM (STXPF)?
Will David O'Brien remain involved with Stuhini after retiring from the board (OTCQB: STXPF)?
