Mr. John Cumming reports
COPPER NORTH MINING MAKES BOARD AND EXECUTIVE CHANGES
Copper North Mining Corp. has provided the following updates.
Changes to board of directors and executive suite
Copper North director John Cumming has been appointed president and chief executive officer effective
immediately. Mr. Cumming is currently president and CEO of Stellar AfricaGold Inc. and previously served as
executive vice-president and chief financial officer of Merrex Gold Inc.
Doug Ramsey has resigned as a director and officer. Mr. Ramsey served as a director of Copper North since June,
2019, as vice-president of sustainability and environmental affairs from February, 2012, to Dec. 31, 2018, and as
president and CEO from January, 2019. The directors thank Mr. Ramsey for his contribution to Copper North and
wish him well in his future endeavours.
Settlement agreement
Copper North has reached a settlement agreement with Mr. Ramsey which resolves all of his outstanding claims
for unpaid wages, severance and unpaid expenses. The settlement amount of $880,957 will be due and payable
on June 19, 2025, with provisions for earlier payment or shares-for-debt settlement under certain conditions and
subject to TSX Venture Exchange approvals as may be required.
About Copper North Mining
Corp.
Copper North is a Canadian exploration and development company focused on the 100-per-cent-owned
Carmacks copper-gold-silver project located in the Carmacks copper district in the central Yukon Territory of Canada. The
Carmacks district is a 180-kilometre-long-by-60-kilometre-wide belt of intrusion-related copper-gold-silver deposits including Pembridge
Resources' Minto mine, Granite Creek's Stu project and Copper North's Carmacks project.
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