Quimbaya Gold Appoints Geologist and Mining Executive Dr. Mark Cruise to the Board of Directors

Executive Summary

• Quimbaya Gold Inc. announced the election of Dr. Mark Cruise to its Board of Directors and his appointment to the Technical Committee following the company's Annual General Meeting on June 23, 2026.
• The board expansion directly supports the company's active drilling program at the Tahami Center porphyry system, with initial geological interpretations and geochemical assay results expected in Q3 2026.
• Shareholders approved all AGM items, including the election of all five director nominees and the appointment of MNP LLP as the company's auditor.

Key Details

• Dr. Mark Cruise, PGeo, ICD.D, elected as a non-independent director to the Board of Directors.
• Dr. Cruise appointed to the Board's Technical Committee, following his prior engagement as the Company's Technical Adviser in March 2026.
• Annual General Meeting held on June 23, 2026: Shareholders elected all five director nominees (Alexandre P. Boivin, Juan Fernando Sanchez, Pietro Solari, Sebastian Wahl, and Dr. Mark Cruise) and set the board size at five.
• Shareholders approved the appointment of MNP LLP as the Company's auditor for the ensuing year.
• Drilling commenced at the Tahami Center porphyry system in June 2026.
• First drill geological interpretation expected in Q3 2026, followed by initial geochemical assay results.
• Dr. Cruise brings 30 years of international experience, having served as CEO of public companies and raised over US$1 billion in equity and debt.
• The Tahami Project is located in Segovia, Colombia, adjacent to a prolific high-grade gold mining camp; early exploration identified extensive mineralized vein systems and features consistent with a large, multi-commodity porphyry system prospective for gold, copper, and molybdenum.

Notable Quotes

• Alexandre P. Boivin, CEO & Director: "We are drilling at Tahami Center, and we expect initial results this summer. To get to the next level from here, we have to keep raising the calibre of the people around the table - and Mark was one of the pieces we wanted in place. A geologist who can read our drill results and an executive who understands capital markets is exactly the bridge we need to attract the right investors and strategic partners as this story develops. Strengthening the Board now means that when results arrive, we are ready to build on them."
• Dr. Mark Cruise, Director: "Quimbaya one of the largest active junior exploration companies in Colombia, an emerging, underexplored copper-gold region with Tier-1 discovery potential... With discovery drilling underway at Tahami Center, my role on the Board is to help support the team convert geological results into the capital and the partnerships that take this company to its next stage."