Yukon Metals Announces Departure of Sue Craig from Board of Directors
Rhea-AI Summary
Yukon Metals (OTCQB:YMMCF) announced that director Sue Craig stepped down from the board effective March 1, 2026.
The Board thanked Craig for her exploration expertise and community focus. Following her departure the board consists of four members, and the company said it will evaluate adding directors when appropriate.
Positive
- Board retained continuity with CEO and remaining directors after March 1, 2026 departure
- Company stated it will evaluate adding directors, signaling potential governance replenishment
Negative
- Board reduced to four members effective March 1, 2026, which may limit committee capacity
- Departure removes a director with exploration experience and community relationships
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, British Columbia, March 06, 2026 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company) announces that Sue Craig has stepped down from the Company’s Board of Directors, effective March 1, 2026.
“On behalf of the Board and management team, we would like to sincerely thank Sue for her dedication and contributions during her tenure on the Board,” commented CEO Jim Coates. “Sue’s combination of exploration experience and her deep sense of care for the community have played a defining role in guiding Yukon Metals to the current phase of our development cycle, and we wish her success.”
Following Sue Craig’s departure, the Yukon Metals Board now consists of four board members. The Company will evaluate adding additional directors at such time that it is determined to be appropriate.
About Yukon Metals Corp.
Yukon Metals is a well-financed exploration company with a 17-project portfolio covering more than 43,000 hectares. Built on over 30 years of Berdahl family prospecting, the same team behind Snowline Gold Corp.’s district-scale assets, Yukon Metals provides exposure to copper, gold, silver, and critical metals. While advancing high-priority drill targets at the Birch and AZ copper-gold systems and the Star River gold-silver project, the Company is also conducting generative exploration across its broader portfolio to develop the next pipeline of discovery opportunities. Guided by an experienced leadership team with technical, financial, and Yukon expertise, the Company is well positioned to unlock new mineral discoveries across the Yukon territory.
Yukon Metals is committed to fostering sustainable growth and prosperity within Yukon’s local communities, while also enhancing shareholder value. Rooted in a philosophy of inclusiveness and shared prosperity, the Company’s strategy offers both local community members and investors the opportunity to contribute to and benefit from its success.
The Yukon
The Yukon remains one of the world’s last underexplored mineral belts, offering exceptional discovery potential. The Yukon Territory is home to a highly skilled and conscientious local workforce, shaped by generations of exploration experience coupled with a deep respect for the land.
Recent major discoveries with local roots, such as Snowline Gold Corp.’s Rogue Project - Valley Discovery, highlight the Yukon’s potential to generate fresh district-scale mining opportunities.
ON BEHALF OF THE BOARD OF YUKON METALS CORP.
“Jim Coates”
Jim Coates, CEO & Director
Email: jimcoates@yukonmetals.com
For additional information please contact:
Jim Coates
CEO & Director
Yukon Metals Corp.
Email: jimcoates@yukonmetals.com
Phone: 1 (236) 466-9834
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains certain forward-looking information, including information about the Company’s strategic exploration programs, evaluation and addition of new directors to the Board, potential to be realized across the Company’s diversified portfolio of precious and critical metals projects, the Yukon’s potential to generate fresh district-scale mining opportunities, and the Company’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify the forward-looking information. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking information involves significant risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from those discussed or implied in the forward-looking information. Such factors include, among other things: risks and uncertainties relating to the Company’s ability to add new directors to the Board at the appropriate time; the ability to realize potential across the Company’s diversified portfolio of precious and critical metals projects; the Yukon not having the potential to generate fresh district-scale mining opportunities; and other risks and uncertainties. See the section entitled “Risk Factors” in the Company’s listing statement dated May 30, 2024, available under the Company’s profile on SEDAR+ at www.sedarplus.ca for additional risk factors. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking information.
Although the forward-looking information contained in this news release is based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with the forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to update or revise the information to reflect new events or circumstances, except as required by law.
