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Yukon Metals Appoints Susan Craig to the Board Of Directors as an Independent Director

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Yukon Metals Corp (CSE: YMC, OTCQB: YMMCF) has appointed Susan Craig as an Independent Director to its Board, effective February 10, 2025. Craig brings over 30 years of experience in mining industry management, particularly in environmental stewardship, community relations, and Indigenous engagement.

Craig's extensive background includes managing projects from exploration to mine closure in Yukon and British Columbia. She has notably led NovaGold's Galore Creek environmental assessment in 2006 and established key agreements with the Tahltan Nation. She has served in leadership positions with AME Mineral Exploration Roundup and various Yukon organizations.

As part of her appointment, Craig has been granted 400,000 incentive stock options, exercisable at $0.65 per common share over five years.

Yukon Metals Corp (CSE: YMC, OTCQB: YMMCF) ha nominato Susan Craig come Direttore Indipendente del suo Consiglio, con effetto dal 10 febbraio 2025. Craig porta con sé oltre 30 anni di esperienza nella gestione dell'industria mineraria, con particolare attenzione alla sostenibilità ambientale, alle relazioni con la comunità e all'impegno con le popolazioni indigene.

Il vasto background di Craig comprende la gestione di progetti dall'esplorazione alla chiusura della miniera nello Yukon e nella Columbia Britannica. Ha guidato, in particolare, la valutazione ambientale di Galore Creek di NovaGold nel 2006 e ha stabilito importanti accordi con la Nazione Tahltan. Ha ricoperto posizioni di leadership con AME Mineral Exploration Roundup e varie organizzazioni dello Yukon.

Come parte della sua nomina, a Craig sono stati concessi 400.000 opzioni su azioni incentivate, esercitabili a $0.65 per azione ordinaria nell'arco di cinque anni.

Yukon Metals Corp (CSE: YMC, OTCQB: YMMCF) ha nombrado a Susan Craig como Directora Independiente de su Junta, con efecto a partir del 10 de febrero de 2025. Craig aporta más de 30 años de experiencia en la gestión de la industria minera, especialmente en la conservación ambiental, las relaciones comunitarias y el compromiso con las comunidades indígenas.

El extenso historial de Craig incluye la gestión de proyectos desde la exploración hasta el cierre de minas en Yukon y Columbia Británica. Ha liderado, notablemente, la evaluación ambiental de Galore Creek de NovaGold en 2006 y ha establecido acuerdos clave con la Nación Tahltan. Ha ocupado puestos de liderazgo en AME Mineral Exploration Roundup y diversas organizaciones de Yukon.

Como parte de su nombramiento, a Craig se le han otorgado 400,000 opciones de acciones de incentivo, que se pueden ejercer a $0.65 por acción común durante cinco años.

유콘 메탈스 Corp (CSE: YMC, OTCQB: YMMCF)는 수잔 크레이그를 이사회의 독립 이사로 임명하였으며, 이는 2025년 2월 10일부터입니다. 크레이그는 환경 관리, 지역 사회 관계 및 원주민 참여를 특히 중시하며, 30년 이상의 광업 관리 경험을 갖추고 있습니다.

크레이그의 방대한 배경은 유콘과 브리티시컬럼비아에서 탐사부터 광산 폐쇄에 이르는 프로젝트 관리가 포함됩니다. 그녀는 2006년 노바골드의 갈로어 크릭 환경 평가를 주도했으며, 타흘탄 족과의 주요 계약을 체결했습니다. 그녀는 AME 광물 탐사 라운드업 및 다양한 유콘 조직에서 리더십 직책을 맡아왔습니다.

임명과 함께 크레이그에게는 400,000개의 인센티브 주식 옵션이 부여되었으며, 이는 5년 동안 주당 $0.65에 행사할 수 있습니다.

Yukon Metals Corp (CSE: YMC, OTCQB: YMMCF) a nommé Susan Craig comme Administratrice Indépendante de son Conseil, à compter du 10 février 2025. Craig apporte plus de 30 ans d'expérience dans la gestion de l'industrie minière, notamment en matière de protection de l'environnement, de relations communautaires et d'engagement avec les populations autochtones.

Le vaste parcours de Craig inclut la gestion de projets allant de l'exploration à la fermeture de mines dans le Yukon et en Colombie-Britannique. Elle a notamment dirigé l'évaluation environnementale de Galore Creek de NovaGold en 2006 et établi des accords clés avec la Nation Tahltan. Elle a occupé des postes de direction au sein d'AME Mineral Exploration Roundup et de diverses organisations du Yukon.

Dans le cadre de sa nomination, Craig s'est vu attribuer 400 000 options d'achat d'actions incitatives, pouvant être exercées à 0,65 $ par action ordinaire sur une période de cinq ans.

Yukon Metals Corp (CSE: YMC, OTCQB: YMMCF) hat Susan Craig als unabhängige Direktorin für seinen Vorstand ernannt, wirksam ab dem 10. Februar 2025. Craig bringt über 30 Jahre Erfahrung im Management der Bergbauindustrie mit, insbesondere in den Bereichen Umweltschutz, Beziehungen zur Gemeinschaft und Einbindung der Ureinwohner.

Craigs umfassender Hintergrund umfasst die Leitung von Projekten von der Exploration bis zur Schließung von Bergwerken im Yukon und in British Columbia. Sie hat insbesondere die Umweltbewertung von NovaGolds Galore Creek im Jahr 2006 geleitet und wichtige Vereinbarungen mit der Tahltan-Nation getroffen. Sie hat Führungspositionen bei AME Mineral Exploration Roundup und verschiedenen Organisationen im Yukon innegehabt.

Im Rahmen ihrer Ernennung hat Craig 400.000 Anreizaktienoptionen erhalten, die über fünf Jahre zu einem Preis von 0,65 $ pro Stammaktie ausgeübt werden können.

Positive
  • Appointment of highly experienced director with 30+ years in mining industry
  • Strong expertise in environmental assessment and Indigenous relations
  • Proven track record in successful project management from exploration to closure
  • Extensive regional experience in Yukon and British Columbia markets
Negative
  • Dilutive effect of 400,000 new stock options at $0.65 per share

VANCOUVER, British Columbia, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company”) is pleased to announce the appointment of Susan Craig as an Independent Director to the Company's Board of Directors (the “Board”), effective February 10, 2025.

"On behalf of the entire Board, I am pleased to welcome Susan Craig to the Yukon Metals team and Board," commented Patrick Burke, Chair of the Board.

Rory Quinn, President & CEO, added, "Susan brings a wealth of knowledge and a proven track record of impactful contributions throughout her leadership roles in the Yukon. Her technical expertise and experience rooted in critical areas such as environmental stewardship, community relations, governance, and Indigenous engagement will help provide invaluable guidance and perspective. As we prepare for our 2025 exploration program, we are excited to welcome Susan to our Board and are confident that her contributions will play a significant role in the Company’s success with all of its stakeholders."

Geologist Susan Craig has had more than 30 years of award-winning experience in managing and advising with respect to regulatory, environmental, social, Indigenous and community relations related to the mining industry. Ms. Craig has worked on Yukon and British Columbia projects from the exploration and development stage to construction, production and mine closure. Her work often includes working with publicly-listed mining companies, Territorial and Federal Governments, First Nations and industry associations. She has also led and participated as an officer and director of several junior companies.

Ms. Craig first collaborated with a First Nation to implement a socio-economic accord related to a mining project in the Yukon in 1995. Her experience includes successfully leading the environmental assessment process for NovaGold’s Galore Creek project in 2006 and playing a key role in establishing the participation agreement with the Tahltan Nation. Ms. Craig has also worked closely with First Nations on the Kemess Underground and Kutcho Projects.

Ms. Craig has served as the Chair of AME Mineral Exploration Roundup, as well as a Board Member of AME, Director of Yukon Energy Corporation, President and Director of the Yukon Chamber of Mines, Chair of the Yukon Mineral Advisory Board, Director of the Yukon Foundation, Director of the Yukon Imagination Library and is currently Chair of the Advisory Board at Lakehead University’s Centre of Excellence for Sustainable Mining & Exploration. Ms. Craig has received numerous awards recognizing her contributions toward environmental stewardship and sustainable development and was awarded the 2017 Canadian Women in Mining Trailblazer Award. Ms. Craig has also been recognized as a Yukon Women in Mining Champion.

The Company has granted 400,000 incentive stock options to Ms. Craig. The options are each exercisable for one common share of the Company at $0.65 per common share for a period of five years and are subject to the terms of the Company’s omnibus incentive plan.

ABOUT YUKON METALS CORP.

Yukon Metals is well financed and represents a property portfolio built on over 30 years of prospecting by the Berdahl family, the prospecting team behind Snowline Gold’s portfolio of primary gold assets. The Yukon Metals portfolio consists primarily of copper-gold and silver-lead-zinc assets, with a substantial gold and silver component.

The Company is led by an experienced Board and Management Team across technical and finance disciplines.

Yukon Metals is focused on fostering sustainable growth and prosperity within Yukon's local communities, while simultaneously enhancing stakeholder value. Our strategy centers around inclusivity and shared prosperity, offering both community members and investors the chance to contribute to, and benefit from, our ventures.

THE YUKON

The Yukon ranks 10th most prospective for mineral potential across global jurisdictions according to the Fraser Institute’s 2023 Survey of Mining Companies and is host to a highly experienced and conscientious local workforce, fostered by a long culture of exploration coupled with deep respect for the land. Recent major discoveries with local roots such as Snowline Gold’s Rogue Project - Valley Discovery, demonstrate the Yukon’s potential to generate fresh district-scale mining opportunities.

ON BEHALF OF THE BOARD OF YUKON METALS CORP.

“Rory Quinn”

Rory Quinn, President & CEO
Email: roryquinn@yukonmetals.com

For additional information, please contact:

Kaeli Gattens
Vice President, Investor Relations & Communications
Yukon Metals Corp.
Email: kaeligattens@yukonmetals.com
Phone: 604-366-4408
Website: www.yukonmetals.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains certain forward-looking information, including information about the Company’s future success related to its appointment of Susan Craig, the Yukon’s ability to generate fresh district-scale mining opportunities, and the Company’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify the forward-looking information. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking information involves significant risks, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from those discussed or implied in the forward-looking information. These factors should be considered carefully and readers should not place undue reliance on the forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with the forward-looking information. The forward-looking information is made as of the date of this news release, and the Company assumes no obligation to update or revise the information to reflect new events or circumstances, except as required by law.


FAQ

When did Susan Craig join Yukon Metals (YMMCF) as Independent Director?

Susan Craig joined Yukon Metals as Independent Director effective February 10, 2025.

How many stock options did Yukon Metals (YMMCF) grant to Susan Craig?

Yukon Metals granted Susan Craig 400,000 incentive stock options, exercisable at $0.65 per share for five years.

What is Susan Craig's experience in the mining industry before joining YMMCF?

Susan Craig has over 30 years of experience in mining industry management, including environmental stewardship, community relations, and Indigenous engagement, with significant work on Yukon and British Columbia projects.

What major project did Susan Craig lead in environmental assessment for NovaGold?

Susan Craig successfully led the environmental assessment process for NovaGold's Galore Creek project in 2006.

What is the exercise price and term of YMMCF's new stock options granted to Susan Craig?

The stock options are exercisable at $0.65 per common share for a period of five years.

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