Golconda Gold Announces the Election of Paul Olmsted and James Colter Eadie to the Board of Directors

Executive Summary

• Golconda Gold Ltd. announced the election of James Colter Eadie and Paul Olmsted to its board of directors following the company's annual and special shareholder meeting held on June 1, 2026.
• The newly elected directors replace outgoing board members Dino Titaro and Ken Crema, for whom the company expressed appreciation for their service.
• The appointments are currently pending final approval from the TSX Venture Exchange.

Key Details

• New Directors Elected: James Colter Eadie and Paul Olmsted
• Outgoing Directors Replaced: Dino Titaro and Ken Crema
• Shareholder Meeting Date: June 1, 2026 (Annual and Special Meeting)
• Paul Olmsted Background: Nearly 25 years as an executive in the gold mining industry and 35 years total in mining; current CEO and director of NorthWest Copper Corp.; former CFO of Superior Gold Inc. (managed company from 2017 IPO through 2023 sale); former Senior Vice President of Corporate Development at IAMGOLD Corporation (1996–2014), leading acquisition/divestiture programs and transaction structuring; holds a B.Sc. in Mining Engineering and an MBA.
• James Colter Eadie Background: CEO and co-founder of Abraxas Power Corp., a global renewable energy project development company operating on three continents; former CEO and co-founder of Jade Power Trust, a TSX-V listed Canadian energy trust whose portfolio was acquired by a private equity fund in 2022.
• Regulatory Status: Election is subject to TSX Venture Exchange approval.
• Company Ticker: TSX-V: GG; OTCQX: GGGOF