07:07:50 EST Wed 03 Dec 2025
Enter Symbol
or Name
USA
CA



Rzolv Technologies Inc
Symbol RZL
Shares Issued 61,712,057
Close 2025-12-02 C$ 0.45
Market Cap C$ 27,770,426
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Rzolv Technologies appoints Orsmond as CFO

2025-12-02 21:29 ET - News Release

Mr. Duane Nelson reports

RZOLV TECHNOLOGIES INC. ANNOUNCES MANAGEMENT CHANGES

Rzolv Technologies Inc. has appointed Mark Orsmond as chief financial officer, effective Dec. 1, 2025.

Mr. Orsmond is a seasoned business and finance executive with more than 25 years of proven success in leading, scaling and transforming companies into major global enterprises.

Mr. Orsmond has held key positions in the mining sector, including CFO of Minco Mining, vice-president, corporate development, for Minco Silver, and director of Keegan Resources. He was CFO and executive vic-president of the ALL-SEA Group of Companies, and served as CFO and executive vice-president of the Corix Group of Companies, one of North America's leading water infrastructure companies, operating across 30 U.S. states and three Canadian provinces. At Corix, he managed a finance organization of 45 professionals and oversaw a treasury exceeding $1.6-billion.

In recent years, Mr. Orsmond has focused on the rapidly growing EV (electric vehicle) technology sector, serving as CFO of both Taiga Motors and ElectraMeccanica.

"We are pleased to welcome Mark to the Rzolv management team in what will be a seamless transition," said Duane Nelson, chief executive officer and director of Rzolv. "Mark's experience will be invaluable as we continue the research and development and commercialization our water-based reagent for gold and critical mineral extraction from ores, concentrates and mine waste streams."

Effective Dec. 1, 2025, Grant Bond, who has served as CFO since 2022, stepped down from his role as CFO. He will continue to provide assistance to the company as needed during a transition period in a consulting capacity. The company thanks Mr. Bond for his long-standing dedication and significant contributions to Rzolv, and wishes him all the best in his future endeavours.

Rzolv also retained Departures Capital Inc. (DC) to provide an electronic advertising and marketing campaign for a period of 12 months (one year) at a cost of $35,000 plus GST pursuant to a service contract dated Oct. 22, 2025. DC is arm's length to the company, and, to the knowledge of the company, DC and its principals do not have any present equity interest in the company's securities, directly or indirectly, or any right to acquire any equity interest. DC can be reached at 1500, 409 Granville St., Vancouver, B.C., telephone: 519-590-6985, e-mail: contact@departurescapital.com.

About Rzolv Technologies Inc.

Rzolv is a cleantech (clean technology) company developing innovative, non-toxic solutions that aim to transform gold extraction and mine site remediation. The company's flagship product, Rzolv, is a proprietary water-based hydrometallurgical formula that provides a sustainable, safe alternative to sodium cyanide for the dissolution and recovery of gold.

Cyanide has been the industry standard for more than a century, yet its toxicity has resulted in bans or restrictions across multiple jurisdictions, along with significant permitting, handling and ESG (environmental, social and governance) challenges for mining companies. Rzolv delivers performance and cost metrics comparable with cyanide while offering a non-toxic, reusable and environmentally sustainable profile, enabling gold extraction in regions, ore types and project settings where cyanide use is impractical, prohibited or socially unacceptable.

We seek Safe Harbor.

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