Fredonia Mining Inc. Announces Addition of Constantine Karayannopoulos to Board of Directors

Executive Summary

• Fredonia Mining Inc. announces the appointment of Mr. Constantine Karayannopoulos as a director, increasing the board size to six members.
• The new director brings over 30 years of senior leadership experience in mining, minerals processing, and advanced materials sectors, specifically regarding rare earth elements and critical minerals.
• The Board views his background in project development, operations, capital markets, and strategic M&A as particularly relevant for advancing the El Dorado Monserrat gold project and transitioning toward a development-stage mining company.

Key Details

• New Director: Constantine Karayannopoulos (BASc, MASc, P.Eng.)
• Board Composition: Board size increased to six directors.
• Previous Leadership Roles: Co-founder of Neo Performance Materials Inc.; CEO from 2005 to 2012 and again from 2020 until retirement in July 2023.
• Acquisition Experience: Led Neo Material Technologies acquisition by Molycorp Inc. (valued at approximately US$1.3 billion); served as non-executive Chairman of Neo Lithium Corp. prior to its acquisition in 2022 for approximately US$960 million.
• Current Roles: President of Kloni Inc.; strategic advisor and board member to companies operating across critical minerals and battery materials industries.
• Strategic Relevance: Appointment supports the Company's objective of positioning El Dorado Monserrat ("EDM") as a potential future gold-producing operation in Santa Cruz, Argentina.

Notable Quotes

“On behalf of the Board, I am pleased to welcome Constantine to Fredonia Mining’s Board of Directors,” said Ali Mahdavi, Chairman of Fredonia Mining. “His extensive experience building and leading public resource companies, combined with his background in project development, operations, capital markets and strategic M&A, will provide tremendous value as we advance the El Dorado Monserrat (“EDM”) gold project and continue Fredonia’s transition toward becoming a development-stage mining company.”