Copper Lake Resources Appoints Toby Pierce and Tania Archer to Board of Directors

Rhea-AI Summary

Copper Lake Resources (OTC:WTCZF) announced the appointments of Toby Pierce and Tania Archer to its Board of Directors, effective immediately. Both bring experience in capital markets, corporate strategy, and stakeholder engagement. The appointments are subject to TSX Venture Exchange approval.

AI-generated analysis. Not financial advice.

Positive

• Board strengthened with two new directors experienced in capital markets and growth
• Added expertise in corporate strategy, investor relations, and business development
• New director brings background across mining, wealth management, and technology sectors
• Enhanced capabilities in stakeholder engagement and corporate communications

Negative

• Board appointments remain subject to TSX Venture Exchange approval

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Toronto, Ontario--(Newsfile Corp. - May 29, 2026) - Copper Lake Resources Ltd. (TSXV: CPL) (FSE: W0I) ("Copper Lake" or the "Company") is pleased to announce the appointments of Mr. Toby Pierce and Ms. Tania Archer to the Company's Board of Directors, effective immediately.

Mr. Pierce is a recognized entrepreneur, investor, and public company executive with extensive experience in capital markets, strategic growth, and resource development. He has played a leadership role in the advancement and financing of numerous public companies and brings significant expertise in corporate strategy, investor relations, and business development.

Ms. Archer is an experienced executive and corporate strategist with a broad background in operational development, capital markets, and corporate communications across the junior venture and emerging growth sectors. She has worked closely with a number of publicly listed companies in the mining, wealth management and technology sectors and brings a strong background in stakeholder engagement, corporate development, and strategic execution.

"We are very pleased to welcome Toby Pierce and Tania Archer to the Board of Copper Lake Resources. Toby brings a strong entrepreneurial and capital markets background, while Tania contributes comprehensive expertise in corporate strategy, communications, and investor engagement. Their combined expertise and networks will be valuable assets as we continue advancing Copper Lake's projects and positioning the Company for future growth."

- Terry MacDonald, Chief Executive Officer

The appointments remain subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF COPPER LAKE RESOURCES LTD.

Terry MacDonald, Chief Executive Officer
Phone: 416-561-3626

https://www.copperlakeresources.com

ABOUT COPPER LAKE RESOURCES

Copper Lake Resources Ltd. is a publicly traded Canadian mineral exploration and development company with interests in two projects both located in Ontario.

The Marshall Lake high-grade VMS copper, zinc, silver and gold project, comprises an area of approximately 220 square km located 120 km north of Geraldton, Ontario and is just 22 km north of the main CNR rail line. Copper Lake has an 82.97% interest in the joint ventured property, which consists of 233 claims and 52 mining leases. The project also includes 148 claim cells staked in 2018 and 2020 that are 100% owned and not subject to any royalties. These newer claims add approximately 30 square km to the property.

In addition to the original Marshall Lake property above, Marshall Lake also includes the Sollas Lake and Summit Lake properties, which are 100% owned by the Company and are not subject to any royalties. The Sollas Lake property consists of 20 claim cells comprising an area of 4 square km on the east side of the Marshall Lake property where historical EM airborne geophysical surveys have outlined strong conductors on the property hosted within the same favorable felsic volcanic units. The Summit Lake property currently consists of 100 claim cells comprising an area of 20.5 square km, is accessible year-round, and is located immediately west of the original Marshall Lake property. The Marshall Lake project is located in the traditional territories of Aroland and Animbiigoo Zaagi'igan Anishinaabek ("AZA") First Nations.

Copper Lake has a 69.79% joint venture interest in the Norton Lake nickel, copper, cobalt, and palladium PGM property, located in the southern Ring of Fire area, is approximately 100 km north of the Marshall Lake Property. The Company filed an updated NI 43-101 in October 2023 with a mineral resource of open pit and underground Measured + Indicated Resources of 1,795,000 tonnes at an average grade of 0.72% NI, 0.69% Cu, 339 ppm Co, 0.52 g/t Pd, 0.17 g/t Pt and containing 28.3Mlbs of nickel and 27.3Mlbs of copper. The Norton Lake property is located in the traditional territories of Eabametoong ("Fort Hope") and Neskantaga First Nations.

Neither the 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.

Cautionary Statement on Forward-Looking Information

This press release includes "forward-looking information" that is subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. No securities regulatory authority has either approved or disapproved of the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299239

FAQ

What board appointments did Copper Lake Resources (OTC:WTCZF) announce on May 29, 2026?

Copper Lake Resources announced the immediate appointments of Toby Pierce and Tania Archer to its Board of Directors. According to Copper Lake, both individuals add experience in capital markets, corporate strategy, business development, and stakeholder engagement to support advancement of the company’s projects and future growth plans.

Who is Toby Pierce and what experience does he bring to Copper Lake Resources (WTCZF)?

Toby Pierce is described as an entrepreneur, investor, and public company executive joining Copper Lake’s board. According to Copper Lake, he has extensive experience in capital markets, strategic growth, resource development, corporate strategy, investor relations, and business development, including leadership in advancing and financing numerous public companies.

What is Tania Archer’s background as a new Copper Lake Resources (WTCZF) director?

Tania Archer is an executive and corporate strategist appointed to Copper Lake’s board. According to Copper Lake, she has experience in operational development, capital markets, and corporate communications, working with public companies in mining, wealth management, and technology, and brings strengths in stakeholder engagement, corporate development, and strategic execution.

Are the new Copper Lake Resources (WTCZF) board appointments already finalized?

The appointments of Toby Pierce and Tania Archer are effective immediately but remain subject to TSX Venture Exchange approval. According to Copper Lake, completion of the standard exchange approval process is still required before the appointments are fully confirmed from a listing compliance standpoint.

How might the new directors affect Copper Lake Resources’ strategy and growth plans?

The new directors are expected to support project advancement and positioning for future growth through their capital markets and strategic expertise. According to Copper Lake, their combined networks, corporate strategy skills, and investor engagement experience should assist the company’s efforts to advance its projects and strengthen market visibility.