St. Augustine Gold and Copper Limited Announces Board and Management Changes

Executive Summary

• St. Augustine Gold and Copper Limited announced several leadership changes, including a board resignation and the appointment of a new CFO, Chief Development Officer, and Head of Investor Relations.
• Mr. Nicolaos Paraskevas has resigned from the Board of Directors but will transition into a consulting role to assist with financing for the Kingking Copper-Gold Project.

Key Details

• Board Resignation & Consulting: Mr. Nicolaos Paraskevas resigned from the board effective May 17, 2026; he will continue as a consultant focusing on sourcing, negotiating, and implementing financing for the Kingking Copper-Gold Project.
• Chief Financial Officer Appointment: Ms. Cecille Marie H. Bernardo appointed as CFO, effective May 18, 2026 (subject to TSX approval).
• Chief Development Officer Appointment: Mr. James Timothy "Tim" Armstrong appointed as Chief Development Officer, effective May 18, 2026; his role involves assisting with the Definitive Feasibility Study, Final Investment Decision, and transitioning the Kingking Project toward commercial production.
• Investor Relations Appointment: Mr. Raymond H. Ricafort appointed as Investor Relations Head, effective immediately.