Tectonic Metals Strengthens Technical Leadership Team with Appointment of Vice President, Exploration

Executive Summary
- Tectonic Metals Inc. has appointed Maggie Layman as Vice President, Exploration and transitioned Peter Kleespies to the role of Chief Geological Officer.
- The Company granted 420,000 incentive stock options at an exercise price of C$2.50 per share.
- The Company granted 21,000 Restricted Share Units (RSUs) to a new officer.
Key Details
- Management Appointments (Effective May 11, 2026):
- Maggie Layman: Appointed Vice President, Exploration. She is a registered Professional Geoscientist with over 20 years of experience, previously holding leadership roles at Teck Resources Limited and Osisko Development Corp.
- Peter Kleespies: Transitioned to the role of Chief Geological Officer to continue leading geological strategy and technical direction.
- Stock Option Grant:
- Quantity: 420,000 incentive stock options granted to a new officer and new employees/contractors.
- Exercise Price: C$2.00 per Option Share.
- Vesting Schedule: 36-month period in three equal installments every twelve months from the grant date.
- Expiration: Five years from the grant date.
- Restricted Share Unit (RSU) Grant:
- Quantity: 21,000 RSUs granted to a new officer.
- Vesting Schedule: 36-month period in three equal installments every twelve months from the grant date.
Notable Quotes
Tony Reda, Co-Founder, President & CEO: "Maggie is a highly respected exploration geologist with over 20 years of experience advancing projects from discovery through to feasibility. Her appointment strengthens our technical leadership team as we continue to grow our exploration programs. We are also pleased to see Peter transition into the role of Chief Geological Officer, where he will continue to provide technical leadership and support the advancement of our exploration strategy."
Maggie Layman: "I am pleased to join Tectonic at an exciting stage in the Company's growth. The Flat Gold Project represents a compelling gold exploration opportunity, and I look forward to working with the team to advance the project and build on the Company's strong technical foundation and commitment to health, safety, environment and communities."