On the Move | January 2023

SPONSORED BY ERIK BUCKLAND Client Director Global Mining Recruitment

M: +1 416.854.8468

E: erik.buckland@lincolnstrategic.com

W: www.lincolnstrategic.com

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

TOP MOVES

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TOP MOVES IN THIS ISSUE

MANAGEMENT CHANGES

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Anglo American’s group director Matt Daley is a mining engineer with more than two decades of underground, open cut, smelting, refining, project and commodity trading experience. Prior to Anglo American, Daley was the executive general manager for Glencore Canada based in Toronto and served as a non-executive director on the board of PolyMet Mining. He has previously worked for Xstrata and Minera Alumbrera and started his career with Mount Isa Mines in Queensland, Australia.

Stephen Clayson is the newly appointed president, CEO and director of Mantaro Precious Metals. Clayson has more than 15 years of international experience as an executive and consultant and has expertise in equity markets and the management of public companies. His previous work has included several years as CEO of a London AIM-quoted mineral exploration company and extensive consultancy work for two London AIM-quoted companies which brought gold mines into production.

Artemis Gold’s newest president, Jeremy Langford, has over 15 years of experience with multi-mine gold producer companies. Langford served most recently in the role of COO of Centamin Plc and prior to that COO and EVP construction and technical services with Endeavour Mining. Langford began his career as an Engineer with the Royal Australian Navy. He holds an Honours Degree in Mechanical Engineering and is a Fellow of the Australian Institute of Mining and Metallurgy.

BOARD ANNOUNCEMENTS

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MANAGEMENT CHANGES

» Angel Gold appointed Fernando Erik Villarroel Alcocer as president, interim CEO and a director.

» Angold Resources appointed chair Galen McNamara as interim CEO.

» Argonaut Gold named Richard Young as president, CEO and director.

» ATEX Resources appointed Sheila Magallon as CFO, following Thomas Pladsen’s retirement.

» Azimut Exploration announced Rock Lefrançois as manager special projects.

» Bluestone Resources announced Peter Hemstead as president and CEO and Nevin Lau as CFO.

» Buffalo Coal named Somdeb Banerjee as CEO, replacing Emma Oosthuizen, who is now CFO.

» Carrie Arran Resources named John Downes as CFO. Cassius Ventures appointed »

Stephen Clayson

Jeremy Langford

Matt Daley

MANAGEMENT CHANGES, continued

Erik Marchand to director, CFO and secretary.

» Central Iron Ore appointed David Deitz (former CFO) as CEO and Graham Hurwitz as CFO.

» Ceylon Graphite appointed Sasha Jacob as interim CEO and director.

» Critical Elements Lithium appointed Michel Clement as senior project control director.

» DLP Resources named Allan Frame as director of business development.

» Flying Nickel Mining appointed Andrew Yau CFO.

» Foran Mining appointed Terri Uhrich as VP and legal counsel.

» Foremost Lithium Resource and Technology named Jason Barnard as interim president and CEO.

» Forum Energy Metals announced Rebecca Hunter as VP exploration.

» Gold Fields announced Martin Preece as interim CEO.

» Kooteny Silver appointed Dale Brittliffe as VP exploration.

» Lara Exploration has appointed Bill Tsang as CFO.

» Myriad Uranium announced Nelson Lamb as CFO, following the departure of Charles Ackerman

» Newcrest Mining announced CFO Sherry Duhe as interim

BOARD ANNOUNCEMENTS

» Allied Copper announced Andrew Leslie to its board.

» Andean Precious Metal named Yohann Bouchard to its board.

» Awalé Resources named Robin Birchall as independent non-executive chair.

» Blackrock Silver appointed Edie Thome as independent director.

» Candelaria Mining appointed Manuel Gomez to the board.

» Grid Metals appointed Patrick Murphy to the board.

» Highland Copper appointed Stephen J. Hicks as chair of the board.

» Hot Chili welcomed Stephen Quin to the board as an independent non-executive director.

» Japan Gold named Takashi Kuriyama to the board, following the retirement of Mitsuhiko Yamada

» Kenmare Resources announced Sameer Oundhakar stepped down from the board.

» Moneta Gold named Sheila Colman to its board.

» Osisko Development appointed David Danziger as an independent non-executive director.

» Palamina appointed Peter Bojtos as director of the company.

» Rio Tinto appointed Kaisa Hietala as a non-executive director, effective March 1, 2023.

» Steadright Critical Minerals named Brent Rochon to the board.

» Traction Uranium’s Blair Way has stepped down as chair and a director.

» Vital Battery Metals named Paul Chung as a new director.

CEO, following Sandeep Biswa’s retirement.

» Oceanic Iron Ore appointed Gerrie van der Westhuizen as CFO effective.

» Palamina has appointed Michael Farrant as CFO.

» Pedro Resources announced Fiona Fitzmaurice has resigned as CFO.

» Rhyolite Resources announced the resignation of Fred Stanford as CEO.

» Sayona Mining appointed Guy Belleau as CEO of its Québec subsidiary Sayona Quebec

» Silver Elephant Mining appointed Andrew Yau

as CFO, replacing Zula Kropivnitski, who resigned.

» Sun Summit Minerals named Ken Macdonald as VP exploration.

» Tearlach Resources announced Morgan Lekstrom as CEO and director.

» Teck Resources appointed Crystal Prystai as senior VP and CFO and Greg Brouwer as SVP technology and innovation.

» Toubani Resources named Phil Russo as CEO and executive director.

» Valhalla Metals named Mihai Draguleasa as CFO and corporate secretary and Bonnie Broman as VP exploration.