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Arya Resources Ltd
Symbol RBZ
Shares Issued 25,709,999
Close 2025-02-24 C$ 0.06
Market Cap C$ 1,542,600
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Arya Resources appoints Deacon, Cormier as directors

2025-03-14 16:02 ET - News Release

Mr. Rasool Mohammad reports

ARYA RESOURCES LTD ANNOUNCES CHANGES TO BOARD OF DIRECTORS

Arya Resources Ltd. has appointed Peter K. Deacon and Andrew Cormier, CPA, as directors to the board.

The company wants to announce that Lance Morginn has stepped down as a director and audit committee chair. Mr. Cormier will assume the role of audit committee chair. The company would like to thank Mr. Morginn for his sincere efforts with the company's RTO (reverse takeover) and his contributions to the audit committee.

Rasool Mohammad, president and chief executive officer, says: "We are pleased to work with Peter and Andrew. Peter and his group of investors were instrumental in financing our projects in the past; including the early success of the Sandtown project in Arkansas, USA. Andrew brings a wealth of experience working with Tier 1 companies across the globe. I look forward to the strength these two members bring to the table as we advance the company's projects and strategic growth plans."

Mr. Deacon is currently the CEO of River Birch Global Water Inc. and Deacon Global Capital Corp. Prior to founding River Birch and Deacon Global, Mr. Deacon and the Deacon family have been highly involved in the securities industry in Canada since his great-grandfather, Col. F.H. Deacon founded F.H. Deacon and Company in 1897. Most recently Mr. Deacon worked with Dundee Securities (formerly Deacon Capital Corp.) until 2015.

Mr. Cormier has more than two decades of experience in senior finance and accounting roles, including presently as chief financial officer of River Birch Global Water. He is a Canadian CPA with extensive experience in global transactions, mergers and acquisitions, and corporate strategy.

The company is also pleased to announce the grant of 310,000 stock options to certain of its officers and directors, exercisable at a price of six cents for a period of 36 months.

About Arya Resources Ltd.

Arya Resources is a mining and mineral exploration company focused on its Wedge Lake gold and Dunlop nickel, copper and cobalt projects in Saskatchewan, Canada.

We seek Safe Harbor.

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