22:54:47 EDT Tue 21 Jul 2026
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Novared Mining Inc
Symbol NRED
Shares Issued 38,944,000
Close 2026-07-21 C$ 0.60
Market Cap C$ 23,366,400
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Novared appoints Caplin to advisory board

2026-07-21 18:12 ET - News Release

Mr. Brian Goss reports

NOVARED MINING APPOINTS LEE EVAN CAPLIN TO ADVISORY BOARD TO ADVANCE METALCORE AI STRATEGY

Novared Mining Inc. has appointed Lee Evan Caplin to its advisory board, further strengthening the company's leadership as it advances the commercialization of its proprietary MetalCore AI platform and expands its critical minerals exploration strategy.

Mr. Caplin is an entrepreneur, attorney, media executive and educator with more than four decades of experience in intellectual property, technology commercialization, strategic partnerships and emerging media ventures. A long-time advocate for technology innovation and education, he has backed ventures ranging from secure telecommunications -- as chief executive officer of encryption technology start-up Starium Inc. -- to immersive and extended reality technologies. His experience in building innovative enterprises and bringing emerging technologies to market will support Novared's strategy of integrating AI-driven (artificial intelligence) solutions into mineral exploration and resource intelligence.

Mr. Caplin is the founder and chairman of Picture Entertainment Corp., and a co-founder of the predecessor to Penske Media Corp., owner of brands including Variety and Rolling Stone. His credits include serving as executive producer of Sony Pictures' Academy Award-nominated feature film Ali and producer of HBO's multi-Emmy Award-winning series True Detective, and he is the author of the three-time international bestseller The Business of Art. He also serves as chairman of iSTAR Enterprises LLC, the venture behind Florida International University's Immersive Studio for Altered Reality (iSTAR), which is focused on immersive and emerging media technologies.

Mr. Caplin has been a long-standing advocate for media and technology education. His landmark $10-million philanthropic gift established the Lee Caplin School of Journalism & Media at Florida International University (FIU), representing one of the largest contributions to a journalism and media program within Florida's State University System. He also established the iSTAR initiative within FIU's College of Communication, Architecture & The Arts (CARTA), advancing education and hands-on training in immersive technologies, virtual and augmented reality, extended reality, and next-generation media. Mr. Caplin also served as a founding faculty member of California State University, Monterey Bay, where, together with playwright Luis Valdez, he helped establish the university's pioneering cinematic arts and technology program.

Novared is developing the MetalCore AI platform with a view to leveraging artificial intelligence, machine learning, computer vision and predictive analytics to enhance mineral exploration, geological interpretation and resource development. The company continues to pursue strategic technology partnerships and complementary acquisitions to create AI-powered solutions for the mining industry.

"We are excited to welcome Lee to Novared's advisory board," said Brian Gross, chief executive officer of Novared Mining. "Lee's leadership in technology commercialization, intellectual property, media and higher education makes him an exceptional addition to our team. His track record of building innovative enterprises and championing emerging technologies aligns directly with our vision for MetalCore AI and our strategy to incorporate AI in the exploration for critical minerals."

Mr. Caplin commented: "Artificial intelligence is transforming every major industry, including mining. Novared's vision to integrate advanced AI technologies with critical minerals exploration presents an exciting opportunity to redefine how mineral assets are discovered, evaluated and developed. I look forward to working with the Novared team to help accelerate the growth and commercialization of MetalCore AI."

About Novared Mining Inc.

Novared is a mineral exploration company focused on the identification, acquisition, exploration and development of copper-gold porphyry projects in British Columbia, leveraging an AI-enhanced geospatial technology platform that it developed to identify and evaluate prospective mineral properties. The company's optioned Wilmac copper-gold project comprises 16,078 hectares located within the Quesnel porphyry belt in the Similkameen mining division, southwest of Princeton and approximately 10 kilometres west of Hudbay Minerals Inc.'s producing Copper Mountain mine.

Readers are cautioned that the discussion of mineralization on adjacent or similar properties, including the Copper Mountain mine, is not necessarily indicative of the mineralization or potential of the Wilmac copper-gold project. The company has no interest in, or right to acquire any interest in, any such adjacent properties.

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