Infinitum Announces Appointment of New CEO

Rhea-AI Summary

Infinitum Copper (TSXV: INFI) (OTCQB: INUMF) has announced a significant leadership change with the appointment of Alex Gostevskikh as Chief Executive Officer and director, replacing Matt Hudson. Gostevskikh brings over 30 years of experience in international mining and exploration, specializing in gold, uranium, and base metals.

The new CEO holds MSc and MBA degrees and currently serves as CEO and director of Sendero Resources Corp. His extensive corporate experience includes leadership roles with several TSX and AIM-listed companies, notably as Managing Director of Uranium Resources PLC, Director of Mediterranean Resources, and Regional Exploration Manager for Centerra Gold. His background also includes positions as Exploration Manager for Gulf International Minerals and Senior Geologist for Kinross Gold/Amax Gold.

Positive

• New CEO brings 30 years of relevant mining and exploration expertise
• CEO has proven track record with TSX and AIM listed companies
• Strong background in multiple commodity types (gold, uranium, base metals)

Negative

• Unexpected departure of previous CEO Matt Hudson
• New CEO currently serves as CEO of another company (Sendero Resources) which could divide attention

Vancouver, British Columbia--(Newsfile Corp. - March 11, 2025) - Infinitum Copper Corp. (TSXV: INFI) (OTCQB: INUMF) ("Infinitum Copper" or the "Company") announces the appointment of Alex Gostevskikh as Chief Executive Officer and as a director of the Company replacing Matt Hudson.

The Company sincerely thanks Mr. Hudson for his contributions and wishes him the greatest success in his further endeavors.

Alex Gostevskikh MSc MBA, is a geologist with over 30 years of experience in international mining and exploration for such commodities as gold, uranium, and base metals. He has extensive corporate experience through his involvement with a number of listed companies on the TSX and AIM markets. Mr. Gostevskikh currently serves as CEO and director of Sendero Resources Corp. (TSXV: SEND) and Karus Mining Inc. Until recently, he was engaged as Managing Director with a major PGM deposit and gold and base metal projects, he was Managing Director of Uranium Resources PLC (LON: URA), Director of Mediterranean Resources Ltd (TSX: MNR) a Regional Exploration Manager for Centerra Gold Inc (TSX: CGI), and has held other positions including Exploration Manager for Gulf International Minerals, Senior Geologist for Kinross Gold/Amax Gold, as well as consulting engagements with a number of major and junior mineral exploration companies.

On Behalf of the Board of Directors of

INFINITUM COPPER CORP.

For more information, please contact:

Alex Gostevskikh
Chief Executive Officer
(888) 455-7620
info@infinitumcopper.com

Neither 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.

About Infinitum Copper

Backed by a strong team of industry veterans, Infinitum Copper is advancing La Adelita project, where the Company has an 80% interest. The high-grade copper-silver-gold La Adelita Project is located in Sonora and Sinaloa states in Mexico. La Adelita is a Carbonate Replacement Deposit located in a mineralized district with a rich history.

Infinitum Copper has an option to earn 25% interest in the Hot Breccia project in the heart of the Arizona Copper Belt about 90km north of Tucson, AZ. The Hot Breccia project is prospective for porphyry copper and copper skarn mineralization.

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking information" within the meaning of Canadian securities legislation. The forward-looking information contained in this press release represents the expectations of the Company as of the date of this press release and, accordingly, is subject to change after such date. Forward-looking information is based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, are inherently subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information. The risks, uncertainties, contingencies and other factors that may cause actual results to differ materially from those expressed or implied by the forward-looking information may include, but are not limited to, risks generally associated with the Company's business, as described in the Company's Filing Statement dated February 11, 2022. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the Company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244187

FAQ

Who is the new CEO of Infinitum Copper (INUMF) and what is his background?

Alex Gostevskikh, who has 30 years of experience in mining and exploration, was appointed as the new CEO of Infinitum Copper, replacing Matt Hudson. He holds MSc and MBA degrees and has expertise in gold, uranium, and base metals exploration.

What other companies has INUMF's new CEO Alex Gostevskikh been involved with?

Alex Gostevskikh currently serves as CEO of Sendero Resources Corp and has held positions at Uranium Resources PLC, Mediterranean Resources, Centerra Gold, Gulf International Minerals, and Kinross Gold/Amax Gold.

When did Infinitum Copper (INUMF) announce its CEO change?

Infinitum Copper announced the appointment of Alex Gostevskikh as CEO on March 11, 2025.

What stock exchanges is Infinitum Copper listed on?

Infinitum Copper trades on the TSX Venture Exchange under INFI and on the OTCQB market under INUMF.