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Not for distribution to United States Newswire Providers or for dissemination in america
Spanish Mountain Gold Ltd. (the ” Firm ” or ” Spanish Mountain Gold “) (TSX-V: SPA) (FSE: S3Y) (OTCQB: SPAUF) broadcasts that it has modified its auditors from Smythe LLP (” Former Auditor “) to BDO LLP (” Successor Auditor “), to carry workplace till the shut of the Firm’s subsequent annual basic assembly of shareholders.
The change is an element of a bigger development technique to transition Spanish Mountain Gold from a junior explorer to an rising developer. The Board of Administrators has reviewed its company governance and compliance and undertook a course of to assessment its appointment of an exterior auditor, because the incumbent has been within the function for over 10 years. The Audit Committee has chosen the internationally acknowledged audit agency BDO, primarily based on its intensive expertise working with mining firms in all levels of the mining cycle, to assist the Firm because it advances the Spanish Mountain Gold Mission. There have been no reservations within the Former Auditor’s audit stories for any monetary interval throughout which the Former Auditor was the Firm’s auditor. There are not any “reportable occasions” (because the time period is outlined in Nationwide Instrument 51-102 Steady Disclosure Obligations) between the Firm and Former Auditor. The Firm thanks Smythe LLP for his or her previous service and professionalism.
In accordance with NI-51-102, the Firm has filed a Discover of Change of Auditor together with the required letters from the Former Auditor and Successor Auditor on SEDAR+.
Director Finance
Spanish Mountain Gold is happy to announce Kim Leroux shall be becoming a member of the Firm as Director Finance efficient January 2, 2026. Kim will lead the event and implementation of the corporate’s processes and techniques because the Firm advances the Spanish Mountain Gold Mission to a 2027 focused construct choice. Kim, an skilled mining trade accountant and venture administration specialist that helped construct an improved monetary administration system at DeBeers throughout development and operations of the Victor Diamond Mine in addition to lately for the Canadian operations at McEwen Mining Inc. Kim comes with intensive accounting and finance expertise in mining in addition to First Nations relationship and enterprise administration expertise. Most lately Kim was Chief Operations Officer – Mushkegowuk Improvement Corp. and previous to that Director of Operations – Finance/McEwen Mining Inc.
Mathew Lee, part-time contract Vice President Finance, shall be leaving the corporate to deal with different shoppers after finishing a transition interval in Q1 2026 handy off duties to Kim Leroux. The Firm thanks Mathew for his work and contributions over the past couple of years properly positioning the Firm for the subsequent levels of development.
About Spanish Mountain Gold Ltd.
Spanish Mountain Gold Ltd. is concentrated on advancing its 100%-owned Spanish Mountain Gold Mission (Mission) in direction of development of the subsequent gold mine within the Cariboo Gold Hall, British Columbia. On August 18, 2025, the Firm filed an NI 43-101 Technical Report on SEDAR+ that units out the Mission’s de-risked and optimized Preliminary Financial Evaluation (PEA), with an up to date Mineral Useful resource Estimate (MRE). We are going to proceed to advance the Mission to place the Firm to make a development choice in or earlier than 2027. We’re striving to be a frontrunner in group and Indigenous relations by leveraging know-how and innovation to construct the ‘greenest’ gold mine in Canada. The Relentless Pursuit for Higher Gold means searching for new methods to realize optimum monetary outcomes which are safer, reduce environmental affect and create significant sustainability for communities. Particulars on the Firm can be found on www.sedarplus.ca and on the Firm’s web site: www.spanishmountaingold.com .
On Behalf of the Board,
“Peter Mah”
President, Chief Government Officer and Director
Spanish Mountain Gold Ltd.
Neither the TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.
View supply model on businesswire.com: https://www.businesswire.com/information/residence/20251205065723/en/
Peter Mah, CEO
(604) 601-3651
data@spanishmountaingold.com
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