03:25:42 EDT Fri 04 Jul 2025
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Stuhini Exploration Ltd
Symbol STU
Shares Issued 46,480,411
Close 2025-06-02 C$ 0.12
Market Cap C$ 5,577,649
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Stuhini appoints Eades as president, CEO

2025-06-02 19:03 ET - News Release

Ms. Meredith Eades reports

STUHINI EXPLORATION APPOINTS MEREDITH EADES AS PRESIDENT AND CHIEF EXECUTIVE OFFICER; APPOINTS DAVID O'BRIEN AS BOARD CHAIR; ANNOUNCES OTHER CORPORATE UPDATES

Stuhini Exploration Ltd. has appointed Meredith Eades as president and chief executive officer (CEO), and director of the company, effective immediately. David O'Brien has stepped down as president and chief executive officer and moved to the position of chair of the company replacing Tony Fogarassy, who has stepped down as chair and as a director.

Mr. O'Brien commented: "We are excited to welcome Ms. Eades to lead Stuhini as its president and CEO. Her unique combination of business acumen, leadership experience and background in high performance environments makes her exceptionally well suited to guide Stuhini through its next phase of growth."

"I am honoured to take on the role of president and CEO and look forward to leading Stuhini into the next stages of its growth," commented Ms. Eades. "Our primary focus will be on advancing Ruby Creek, with a vision of responsible and effective exploration that unlocks its full value. I am eager to work alongside our technical team, advisers and stakeholders to achieve these objectives."

As an executive Ms. Eades brings a relevant skill set to company. She will draw on her nine years of experience in investor relations within the mining sector, alongside her background in business, marketing and professional athletics. Throughout her career, she has worked with reputable companies such as Radisson Mining Resources Inc., American Pacific Mining Corp. and Silver47 Exploration Corp. Ms. Eades has a proven record working with junior mining companies to leverage their value proposition, capital raising, fostering investor confidence and leading strategic growth initiatives.

Ms. Eades holds a bachelor of commerce in marketing from the University of British Columbia and has developed strong leadership skills through her experience as a professional athlete in skiing and mountain biking. Her background has instilled a deep understanding of teamwork, discipline and motivation -- key qualities that have contributed to her success in both business and sport.

The company would like to thank Mr. O'Brien, who has stepped down from his role as president and chief executive officer, and transitioned to chair of the board. Mr. O'Brien's leadership has been instrumental in Stuhini's growth, and the company looks forward to his continued support. The company also wishes to thank Mr. Fogarassy for his leadership as chair of the board during his tenure. In connection with Ms. Eades appointment, the company has granted Ms. Eades a stock option for the purchase of 500,000 common shares of the company at an exercise price of 11 cents per share for a term of five years expiring May 30, 2030. The stock option vests in stages of 25 per cent every six months such that all options shall be fully vested by May 30, 2027, subject to the terms and conditions of the company's stock option plan. The option grants are subject to any necessary regulatory approvals.

About Stuhini Exploration Ltd.

Stuhini is a mineral exploration company focused on exploration and development of precious and base metals properties in Western Canada and the southwest United States. The company's portfolio of exploration properties includes the flagship Ruby Creek property, 14 kilometres east of Atlin, B.C.; the South Thompson nickel project, 35 km northwest of Grand Rapids, Man.; the Big Ledge property, 57 km south of Revelstoke, B.C.; the Red Hills project in northeast Nevada and the Jersey Valley project in northwest Nevada.

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