Myriad Uranium Appoints Marvin Singer and Ian Archbold to Board of Directors and Announces AGM Results

Rhea-AI Summary

Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) held its Annual General and Special Meeting of Shareholders on September 19, 2024. Shareholders approved all matters, including the election of six nominees to the board of directors and the re-appointment of Davidson & Company LLP as auditors. Two new directors, Marvin Singer and Ian Archbold, joined the board.

Mr. Singer brings over 40 years of international experience in mineral exploration and development projects, having been a senior partner at Norton Rose Fulbright. Mr. Archbold has over 25 years of professional experience, including 15 years in global investing at CPP Investments and Ontario Teachers' Pension Plan.

CEO Thomas Lamb welcomed the new directors, noting their expertise in governance, finance, and strategy as the company focuses on advancing the Copper Mountain Uranium Project in Wyoming. Outgoing directors Cyril Amadi and Daye Kaba were thanked for their service.

Positive

• Addition of two experienced directors to the board, enhancing governance and strategic expertise
• Unanimous shareholder approval for all matters at the AGM, indicating strong investor support
• Focus on advancing the Copper Mountain Uranium Project in Wyoming, suggesting progress in core operations

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - September 19, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce the results of the Company's Annual General and Special Meeting of Shareholders held Thursday, September 19, 2024 (the "Meeting").

All of the matters submitted to shareholders at the Meeting were overwhelmingly approved by the shareholders, including the election of all six nominees to the board of directors and the re-appointment of Davidson & Company LLP as auditors for the ensuing year. Joining the board following the Meeting are Marvin Singer and Ian Archbold.

Mr. Singer has over 40 years of international experience advising on the legal aspects of mineral exploration and development projects, most recently as a senior partner at the international law firm Norton Rose Fulbright. He has been a consultant to private and public companies since retiring in 2019. Mr. Singer is a graduate of Osgoode Hall Law School (LL.B) and is called to the Ontario Bar.

Mr. Archbold has over 25 years of professional experience including over 15 years of global investing experience spread across CPP Investments and Ontario Teachers' Pension Plan, where he was most recently Managing Director - Global Head of Public Market TMT, with a focus on global public and private technology companies as well as structured investments. Mr. Archbold is a graduate of Queen's University (Bachelor of Applied Science - Mechanical Engineering) and the University of Toronto (MBA), and is also a Professional Engineer and CFA Charter Holder.

Thomas Lamb, Myriad's Chief Executive Officer, said: "Marvin and Ian bring governance, finance, and strategy expertise to Myriad as we focus on advancing the Copper Mountain Uranium Project in Wyoming. We are delighted to welcome them. We also thank outgoing directors Cyril Amadi and Daye Kaba for their dedication and support, and we wish them the very best."

About Myriad Uranium Corp.

Myriad Uranium Corp. is a uranium exploration company with an earnable 75% interest in the Copper Mountain Uranium Project in Wyoming, USA. Copper Mountain hosts several known uranium deposits and historic uranium mines, including the Arrowhead Mine which produced 500,000 lbs of eU3O8. Copper Mountain saw extensive drilling and development by Union Pacific, which developed a mine plan and built a leach pad for one of the deposits at Copper Mountain. Operations ceased in 1980 before mining could commence due to falling uranium prices. Approximately 2,000 boreholes have been drilled at Copper Mountain and the project area has significant exploration upside. Union Pacific is estimated to have spent C$117 million (2024 dollars) exploring and developing Copper Mountain, generating significant historical resource estimates which are detailed here. The Company's presentation can be viewed here. A recent interview with Crux Investor can be viewed here.

Myriad also has a 50% interest in the Millen Mountain Property in Nova Scotia, Canada, with the other 50% held by Probe Metals Inc. For further information, please refer to Myriad's disclosure record on SEDAR+ (www.sedarplus.ca), contact Myriad by telephone at +1.604.418.2877, or refer to Myriad's website at www.myriaduranium.com.

Myriad Contacts:
Thomas Lamb
President and CEO
tlamb@myriaduranium.com

Forward-Looking Statements

Mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Company's properties. This news release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, the Company's business, plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect," "anticipate," "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect, including with respect to the Company's business plans respecting the exploration and development of the Company's mineral properties, the proposed work program on the Company's mineral properties and the potential and economic viability of the Company's mineral properties. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: changes in economic conditions or financial markets; increases in costs; litigation; legislative, environmental and other judicial, regulatory, political and competitive developments; and technological or operational difficulties. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking information. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable law.

The CSE has not reviewed, approved or disapproved the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223925

FAQ

Who are the new directors appointed to Myriad Uranium's board?

Marvin Singer and Ian Archbold were appointed as new directors to Myriad Uranium's board following the Annual General Meeting on September 19, 2024.

What experience does Marvin Singer bring to Myriad Uranium (MYRUF)?

Marvin Singer brings over 40 years of international experience advising on legal aspects of mineral exploration and development projects, having been a senior partner at Norton Rose Fulbright.

What is Ian Archbold's background in relation to his appointment to Myriad Uranium's board?

Ian Archbold has over 25 years of professional experience, including 15 years in global investing at CPP Investments and Ontario Teachers' Pension Plan, where he was Managing Director - Global Head of Public Market TMT.

What project is Myriad Uranium (MYRUF) currently focusing on?

Myriad Uranium is focusing on advancing the Copper Mountain Uranium Project in Wyoming, as mentioned by CEO Thomas Lamb.