Kingfisher Announces Addition of Paul Gruner to Its Board of Directors

Rhea-AI Summary

Kingfisher Metals (TSXV:KFR, OTCQB:KGFMF) has announced significant changes to its board and management structure. Paul Gruner has been appointed as an independent, non-executive director effective February 28, 2025. Gruner brings extensive experience in Indigenous business leadership, having served as CEO of multiple Indigenous corporations including Det'on Cho Management LP and Tahltan Nation Development

In conjunction with this appointment, David Loretto is stepping down as President and director. CEO Dustin Perry will assume the additional role of President. The board now comprises Dustin Perry, Richard Trotman, Chris Beltgens, Giuseppe Perone, and Paul Gruner.

Gruner's appointment brings valuable expertise in strategic leadership, mergers and acquisitions, business development, and Indigenous relations to Kingfisher's operations in British Columbia's Golden Triangle region.

Positive

• Addition of director with extensive Indigenous business relations experience
• Strategic expertise in Golden Triangle region
• Strengthened stakeholder relationships potential

Negative

• Loss of co-founder and President David Loretto
• CEO now handling dual role as President

VANCOUVER, BC / ACCESS Newswire / March 3, 2025 / Kingfisher Metals Corp. (TSXV:KFR)(FSE:970)(OTCQB:KGFMF) ("Kingfisher" or the "Company") is pleased to announce the appointment of Paul Gruner as an independent, non-executive director of the Company, effective February 28, 2025.

Mr. Paul Gruner is a seasoned leader in Indigenous business, bringing extensive experience in economic development across multiple regions. He has held key executive roles, including CEO of Det'on Cho Management LP, which supports the Yellowknives Dene First Nation in the Northwest Territories, and CEO of the Tahltan Nation Development Corporation, serving the Tahltan Nation. Currently, he leads as the CEO of Tłı̨chǫ Investment Corporation, driving economic growth for the Tłı̨chǫ First Nation.

With a strong background in strategic leadership, Mr. Gruner has expertise in mergers and acquisitions, business development, strategic partnerships, financial management, project management, corporate governance, contract negotiations, and capacity building. His work has been instrumental in creating employment opportunities for Indigenous citizens and advancing environmental, social, and corporate governance initiatives.

Beyond his executive roles, Mr. Gruner has contributed to numerous boards, including the Canadian Council for Indigenous Business (CCIB) and the Canadian Chamber of Commerce. Under his leadership, the corporations he has guided have received multiple prestigious awards, including Canada's Most Admired Corporate Culture, Economic Leadership of the Year - NWT (Chamber of Mines), Indigenomics 10 to Watch List, Indigenous Business of the Year - NWT, BC YK (AIIC), and recognition among the Top 500 Business Leaders in BC (BIV BC500).

In connection with Mr. Gruner's appointment, the Company also announces that David Loretto is stepping down as President and a director of the Company. Dustin Perry, CEO will assume the role of President. The board of directors of the Company now consists of Dusin Perry, Richard Trotman, Chris Beltgens, Giuseppe (Pino) Perone, and Paul Gruner.

Dustin Perry, CEO and President, stated "I am very pleased to have Paul joining our board as he shares a similar level of energy and drive to deliver value for both shareholders and stakeholders. Paul brings Kingfisher a wealth of experience within the Golden Triangle, where he recently headed the Tahltan Nation Development Corporation. His local knowledge and contacts will help support Kingfisher going forward with our goal of building a strong and mutually beneficial relationship with our stakeholders. Mr. Perry also noted, "David and I co-founded Kingfisher in 2019. On behalf of the Company, I would like to sincerely thank him for his contributions, which helped get Kingfisher off the ground. I wish him the best of luck in his future endeavours."

Paul Gruner, director, expressed his enthusiasm, stating, "I am honoured to join Kingfisher's board at such a pivotal and exciting time for the Company. With its exceptional portfolio of projects, Kingfisher is uniquely positioned in British Columbia's renowned Golden Triangle region. I look forward to leveraging my experience to support the Company's growth and success. Alongside the board and leadership team, I am committed to driving innovation, shaping business strategy, and maximizing value for shareholders."

About Kingfisher Metals Corp.

Kingfisher Metals Corp. (https://kingfishermetals.com/) is a Canadian based exploration company focused on copper-gold exploration in the Golden Triangle, British Columbia. The Company has quickly consolidated one of the largest land positions in the region at the contiguous 849 km² HWY 37 Project. Kingfisher also owns (100%) two district-scale orogenic gold projects in British Columbia that total 641 km². The Company currently has 56,455,144 shares outstanding.

For further information, please contact:

Dustin Perry, P.Geo.
CEO and Director
Phone: +1 778 606 2507
E-Mail: info@kingfishermetals.com

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Company's property. This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur.

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE: Kingfisher Metals Corp.

View the original press release on ACCESS Newswire

FAQ

What changes were made to Kingfisher Metals (KGFMF) board in March 2025?

Paul Gruner joined as independent director while David Loretto stepped down as President and director. CEO Dustin Perry assumed the additional role of President.

What experience does Paul Gruner bring to KGFMF's board?

Gruner brings expertise in Indigenous business leadership, having served as CEO of multiple Indigenous corporations and experience in strategic leadership, M&A, and business development.

Who are the current board members of Kingfisher Metals (KGFMF)?

The board consists of Dustin Perry, Richard Trotman, Chris Beltgens, Giuseppe Perone, and Paul Gruner.

How will Paul Gruner's appointment benefit KGFMF's operations in the Golden Triangle?

Gruner's local knowledge and contacts from his experience with Tahltan Nation Development will help build strong stakeholder relationships in the region.