Northwire Canada EditionFriday, July 10, 2026
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Management Admin

Algo Grande Appoints Monica Ospina as ESG Advisor and Advances Digbee ESG Disclosure Submission

ALGR · Price

Executive Summary

  • Algo Grande Copper Corp. appointed Monica Ospina as ESG Advisor to strengthen its sustainability, stakeholder engagement, and responsible resource development initiatives.
  • The Company announced it is in the final stages of completing its inaugural ESG disclosure submission via the Digbee ESG Platform.
  • Several investor relations and consulting agreements were amended or executed, including a fee increase for Fairfax Partners and new service agreements with Rayleigh Capital, Insight Capital Partners, and Resource Stock Digest.

Key Details

  • ESG Advisor Appointment: Monica Ospina appointed; brings extensive experience in ESG strategy, Indigenous relations, and critical minerals development, including prior roles at Rio Tinto and as founder of O Trade.
  • ESG Disclosure: Company finalizing inaugural submission through Digbee ESG Platform, a mining-specific framework aligned with global ESG standards and investor expectations.
  • Fairfax Partners Amendment: Monthly fee increased from $5,000 to approximately $8,500; agreement continues month-to-month after initial 6-month term; subject to TSXV approval.
  • Rayleigh Capital Ltd. Clarification: 200,000 stock options granted under the March 19, 2026 IR agreement were part of the April 16, 2026 grant announcement; exercise price $0.65/share, 3-year term, with 50% vesting at 6 months and remaining 50% at 12 months.
  • Insight Capital Partners Agreement: Capital Markets Consulting Agreement effective March 5, 2026; 24-month term; monthly fee of $3,500 plus HST payable from existing cash; subject to TSXV approval.
  • Resource Stock Digest (RSD) Agreements:
  • Awareness Campaign Service Agreement (effective June 1, 2026): 2-month term, $50,000 fee for interviews, reports, and database distribution.
  • Featured Company Sponsorship Service Agreement (effective June 1, 2026): 12-month term, $8,500 one-time fee plus $2,450/month for dedicated website page and recurring management interviews/press releases.
  • Both RSD agreements are subject to TSXV approval.
  • General Terms: All consulting and IR agreements are with non-related parties operating at arm's length, with no existing security interests held by the counterparties. All agreements remain subject to TSXV approval.
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