Kodiak Appoints Marcus Chalk to Board, Enhancing Strategic and Financial Expertise

Rhea-AI Summary

Kodiak Copper Corp (OTCQX: KDKCF) appointed Marcus Chalk to its Board of Directors, effective April 6, 2026. Chalk brings 30+ years in metals and mining finance, including leadership roles at Scotiabank and GenCap Mining Advisory.

Kodiak granted 200,000 stock options to Chalk at C$0.85 per share, exercisable for five years with staged vesting (1/3 immediate, 1/3 annually).

AI-generated analysis. Not financial advice.

Positive

• Board appointment of Marcus Chalk effective April 6, 2026
• 200,000 options granted at C$0.85, five-year term with staged vesting
• 30+ years of capital markets and M&A experience in metals and mining

Negative

• None.

News Market Reaction – KDKCF

+1.48%

1 alert

+1.48% News Effect

On the day this news was published, KDKCF gained 1.48%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Vancouver, British Columbia--(Newsfile Corp. - April 7, 2026) - Kodiak Copper Corp. (TSXV: KDK) (OTCQX: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") announces the appointment of Mr. Marcus Chalk to its Board of Directors, effective April 6, 2026.

Claudia Tornquist, President and CEO of Kodiak, said, "We are very pleased to welcome Marcus to Kodiak's Board of Directors. His impressive international track record in the financial sector and his wealth of experience in capital markets, strategy & M&A will truly benefit our Board. Marcus's insights and perspective will further strengthen our leadership team and position Kodiak for the next phase of growth and value creation for our shareholders."

Mr. Chalk has over 30 years' experience as a leading strategic and capital markets advisor in the global metals and mining industry. He is the founder and managing director of GenCap Mining Advisory. Prior to founding GenCap, he spent 14 years leading the Vancouver mining investment banking team at Scotiabank and worked at Macquarie North America (Toronto and Vancouver) and CIBC Wood Gundy (Toronto, Sydney and Vancouver) prior to that. Mr. Chalk is an Independent Director of P2 Gold Inc. and served as an Independent Director at Fireweed Metals Corp. He holds both an Honours Business Administration degree and a BA in Economics degree from the University of Western Ontario and is a CFA Charterholder.

Kodiak has granted 200,000 Options to Mr. Chalk, exercisable at C$0.85 per share for a period of five years from the date of grant with 1/3 vesting immediately and 1/3 every year thereafter. The Options were granted pursuant to the Company's shareholder approved stock option plan and are subject to the policies of the TSX Venture Exchange and any applicable regulatory hold periods.

On behalf of the Board of Directors
Kodiak Copper Corp.

Claudia Tornquist
President & CEO

For further information contact:
Nancy Curry, VP Corporate Development
ncurry@kodiakcoppercorp.com
+1 (604) 646-8362

About Kodiak Copper Corp.

Kodiak is focused on advancing its copper porphyry projects in Canada and the USA, which host known mineral discoveries with the potential to hold large-scale deposits. Kodiak Copper's most advanced asset is the 100% owned MPD copper-gold porphyry project in the prolific Quesnel Terrane in south-central British Columbia, Canada, an established mining region with producing mines and excellent infrastructure. MPD exhibits all the hallmarks of a large, multi-centered porphyry district with the potential for future economic development. The initial Mineral Resource Estimate published in 2025 outlines seven substantial deposits and underscores the scale and potential of the project. All known deposits remain open to expansion, and numerous targets across the property have yet to be tested. Kodiak continues to systematically explore MPD's district-scale potential with the goal of delivering new discoveries and building further critical mass toward being the region's next mine.

Kodiak's founder and Chairman is Chris Taylor who is well-known for his gold discovery success with Great Bear Resources. Kodiak is also part of Discovery Group led by John Robins, one of the most successful mining entrepreneurs in Canada.

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.

Forward-Looking Statement (Safe Harbor Statement): This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning the Company's exploration plans. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals.

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291354

FAQ

When was Marcus Chalk appointed to Kodiak Copper's board (KDKCF)?

Marcus Chalk was appointed effective April 6, 2026. According to the company, the appointment became effective on that date and was announced on April 7, 2026 to inform shareholders.

What stock option award did Kodiak Copper (KDKCF) grant Marcus Chalk?

Kodiak granted 200,000 options to Marcus Chalk at an exercise price of C$0.85. According to the company, the options vest 1/3 immediately and 1/3 each year for two years, exercisable for five years.

How does the vesting schedule for Marcus Chalk's options at KDKCF work?

The options vest with 1/3 immediately and 1/3 each year thereafter. According to the company, the full grant becomes fully vested over two years with immediate partial vesting at grant.

What experience does Marcus Chalk bring to Kodiak Copper's board (KDKCF)?

Chalk brings over 30 years in metals and mining finance, including roles at Scotiabank and GenCap. According to the company, his background includes capital markets, strategy and M&A expertise.

Are Marcus Chalk's options subject to exchange policies for KDKCF?

Yes, the options are subject to the TSX Venture Exchange policies and any regulatory hold periods. According to the company, the grant follows the shareholder-approved stock option plan and applicable exchange rules.

Who can investors contact for more information about Kodiak Copper (KDKCF)?

Investors can contact Nancy Curry, VP Corporate Development at ncurry@kodiakcoppercorp.com or +1 (604) 646-8362. According to the company, Nancy Curry is listed as the media and investor relations contact.