Northwire Canada EditionMonday, August 3, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Management

Bemetals CEO Wilton resigns; interim CEO appointed

BMET · Price

Executive Summary

  • John Wilton resigns as President, CEO and Director effective Sept. 30, 2025; Kristen Reinertson appointed interim CEO.
  • Company grants Reinertson 300,000 incentive stock options at $0.05 per share, vesting over two years.
  • Project updates: advancement of Savant gold (Ontario), Pangeni copper (Zambia) and Kazan gold (Japan) projects during the leadership transition.

Key Details

  • Executive Change: John Wilton steps down for personal reasons; board thanks him for contributions since inception.
  • Interim CEO Appointment: Kristen Reinertson, director & corporate secretary since 2016, assumes interim CEO role while a permanent CEO is sought.
  • Stock Option Grant: 300,000 incentive stock options awarded to Reinertson, exercisable at $0.05 per share, ten‑year term, vesting over two years, subject to TSX Venture Exchange approval.
  • Savant Gold Project (Ontario, Canada): 232 km² newly optioned; preparations underway for a 2025 exploration program; stakeholder engagement with First Nations ongoing.
  • Pangeni Copper Project (Zambia): Identified a 3‑km mineralized footprint at D‑Prospect, including a higher‑grade 600‑m Ingwe shoot within the 1.4‑km Nkala zone; additional drill zones (Nkala Northwest & Central) under review to refine targeting.
  • Kazan Gold Project (Japan): Agreement reached to option part of Bemetals’ interest; partner will finance and advance exploration while Bemetals retains equity exposure; details referenced in Q2 2025 MD&A filed on SEDAR+.
  • Board Commentary: Chairman Mark Connelly emphasizes the refreshed corporate strategy focused on advancing high‑quality exploration and unlocking value from existing assets, with continued support from B2Gold Corp.

Notable Quotes

“Kristen's leadership experience, deep knowledge of the sector and proven commitment to execution make her the right person to guide Bemetals through this transition.” – Mark Connelly, Chairman


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