On the Move | August 2022

Srinivasan Venkatakrishnan

AUGUST 2022 | VOLUME 3 | ISSUE 8 SPONSORED BY

ERIK BUCKLAND Client Director Global Mining Recruitment

+1 416.854.8468 erik.buckland@lincolnstrategic.com W: www.lincolnstrategic.com M: E:

Executive, Management and Board Changes in Canada’s Mining Sector

MANAGEMENT CHANGES

TOP MOVES

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TOP MOVES IN THIS ISSUE

BOARD ANNOUNCEMENTS –pg 2 –

A WORLD OF MINING JOB OPPORTUNITIES

Don Lindsay

Lukas Lundin

Peter Nicholson

Don Lindsay announced his retirement as president and CEO of Teck Resources after 17 years with the company.

Jonathan Price will succeed him as CEO, while Harry Conger will serve as president and COO. Lindsay joined Teck as president in January 2005. He was later appointed to the company’s board and named its CEO. Lindsay is a graduate of Queen’s University (BSc Hons) and Harvard Business School (MBA). Prior to joining Teck, Lindsay was employed by CIBC World Markets.

Lukas Lundin, founder and former chair of Lundin Mining, Lucara Diamond and Filo Mining, passed away on July 26 of brain cancer. Over 40 years, he was a driving force behind the successes of 11 companies within the Lundin Group. At Lundin Gold, which he founded in 2014, Lundin oversaw the development of Ecuador’s first modern gold mine, Fruta del Norte.

The Group has a combined market cap in excess of US$11 billion, directly employing more than 15,000 people.

Appian Capital Advisory appointed Peter Nicholson as the head of its Australia and Asia division.

In addition to overseeing portfolio companies, he will execute portfolio investments and exits across the regions. Nicholsaon has 13 years of experience serving as managing director, Australia, of a mining private equity fund.

Nicholson graduated from the University of Queensland with a BEng (mining) and is a fellow of the Financial Services Institute of Australasia (FINSIA).

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ON THE MOVE August 2022

MANAGEMENT CHANGES » 5N Plus appointed Roland Dubois to the newly created position of chief commercial officer. » Alpha Exploration appointed Francisco Del Castillo as CFO. » American Lithium named Ted O’Connor EVP of the company. » Vivian Austin joined Argo Gold as corporate controller. » Francisco Freyre is the new CFO at Aurania Resources, replacing Tony Wood. » Bonterra Energy’s George Fink will be retiring as president and CEO. » Champion Iron appointed Donald Tremblay as CFO. » Clear Sky Lithium named Patrick Morris as CEO. » Dolly Varden Silver appointed Rob van Egmond as VP of exploration. » E3 Lithium promoted Leigh Clarke to VP corporate strategy and sustainability; Peter Ratzlaff to VP resource development; and Chris Ward to VP Clearwater project. » enCore Energy appointed Gregory Zerzan as chief

administrative officer and general counsel. » Excellon Resources named Shawn Howarth president and CEO. » Falco Resources named Mireille Tremblay VP of legal affairs and corporate secretary. » FPX Nickel appointed Cooper Quinn as president and CEO of its carbon capture and storage subsidiary. » Goldflare Exploration named David Corbeil-Héneault, currently finance and administration manager of the company, as CFO. » Harfang Exploration appointed Jérôme Lavoie as its chief geologist. » Nick Furber resigned as CFO of Keon Capital. » Kinross Gold appointed Claude Schimper as EVP and COO. » Kutcho Copper appointed Andrew Sharp as COO. » Lundin Mining named Juan Andres Morel SVP and COO; Teitur Poulsen SVP and CFO; David Dicaire SVP Josemaria

project; and Kristen Mariuzza, SVP sustainability, health and safety. » Luis Villa will assume the role of VP Nicaragua at Mineros, replacing the retiring Carlos Mario Gomez. » Minto Metals named Channa Kumarage director, corporate development, and Tania Barreto director, investor relations. » Peter Richardson was appointed executive managing director of Nevada Gold Mines. » OceanaGold’s current COO Scott Sullivan will take on the new role of chief technical and projects officer. Peter Sharpe will serve as COO Asia-Pacific, and David Londono was promoted to COO Americas.

Current EVP exploration and development Craig Feebrey returns to his role as EVP exploration. » Pacific Bay Minerals’ president and CEO David Brett stepped down. Succeeding him is Antonio Vespa, previously VP operations. » Director and Pan Global Resources appointed Juan

Garcia Valledor as general manager Spain. » PolyMet Mining appointed Denton Henkelman as VP and project director. » Radisson Mining Resources appointed Vivien Janvier as director of geology. » Silverton Metals appointed Kyle Appleby as CFO to replace Killian Ruby. » Skeena Resources welcomed Nalaine Morin as its new VP of sustainability. » Keith Li replaced Mario Miranda as CFO of Snow Lake Resources. » Teck Resources named Jeff Hanman SVP sustainability and external affairs, and Tyler Mitchelson SVP copper growth. » Juan Enrique Rassmuss replaced Juan Andrés Morel as president of Tintina Mines. » Turmalina Metals named James Rogers CEO. » West Vault Mining confirmed the appointment of Sandy McVey as CEO.

BOARD ANNOUNCEMENTS » American Lithium added Claudia Tornquist to its board. » Pedro Turqueto replaced Philip Reade on the board of Aura Minerals. » Aurania Resources announced Thomas Ullrich as a director. » Clayton Olson joined the board of Basin Uranium. » Blue Thunder Mining appointed Dorian Nicol to its board, replacing Louis Gariepy. » Phil Keele resigned from the board of Braveheart Resources. » Cassiar Gold added James Maxwell replacing Wilson Jin. » Critical Elements Lithium appointed Maysa Habelrih and Vanessa Laplante to its board of directors. » Coeur Mining welcomed Jeane Hull to its board. » The board of Deep-South Resources nominated Jean-Luc Roy acting chair, replacing the late John Akwenye. » EMX Royalty expanded its board with the addition of Geoff Smith. » Essex Minerals appointed Elena Tanzola to its board. She replaces the retiring James Harris.

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ON THE MOVE August 2022

» Shawn Howarth will join the board of Excellon Resources. » Glencore appointed Liz Hewitt as an independent non-executive director. » Gowest Gold director Yungang Wu resigned. » GR Silver Mining director Michael Thomson resigned. » Graphite One added a new director, Bedi Singh. » Brooke DeLong was appointed to the board of Imperial Mining Group. » Fernando Porcile, former executive chair of Los Andes Copper, passed away. » Lundin Mining appointed Natasha Vaz to its board. » Tony Wonnacott is now the chair at Metallum Resources following the resignation of Simon Ridgway. » Monarch Mining appointed Benoit Desormeaux as a director.

» The Nuclear Waste Management Organization named Glenn Jager its new chair and Subo Sinnathamby to its board. » Cameron MacDonald was appointed to the board of Pacific Bay Minerals. » Paramount Gold Nevada appointed Samantha Espley as a director. » Patriot Battery Metals appointed Brian Jennings as a director. » Pure Energy Minerals appointed Mao Yuankai as director. » Hugh Devlin, joined the Royal Road Minerals’s board. » Silver Wolf Exploration welcomed Honza Catchpole to its board. » SilverCrest Metals welcomed Anna LaddKruger to its board. » Scott Margach replaced Barry Girling on the board of Silverton Metals.

» Marcus Archer resigned from the board of Northern Shield Resources.

» Tintina Mines chair Juan Andrés Morel resigned from the board. His replacement is Juan Enrique Rassmuss.

» Guy Elliott joined Nova Royalty as an independent director.

» Western Gold Exploration director Willie McLucas passed away.