Pacific Bay Announces Management Changes

Executive Summary

• Pacific Bay Minerals Ltd. announced that Chairman David H. Brett will immediately assume the role of President and Chief Executive Officer, succeeding Reagan Glazier.
• Mr. Glazier will remain on the board of directors to continue supporting strategic initiatives.
• The leadership transition leverages Mr. Brett’s 40‑year mining industry experience and long‑standing involvement with Pacific Bay.

Key Details

• Effective immediately, David H. Brett becomes President & CEO of Pacific Bay Minerals Ltd. (TSXV: PBM).
• Former President & CEO Reagan Glazier steps down from the executive role but stays on the board as a director.
• Mr. Brett has been a shareholder and director since 1985 and previously served multiple terms as PBM’s President & CEO.
• Professional background includes:
• MBA, Simon Fraser University.
• Former President & CEO of Cusac Gold Mines Ltd. (gold producer).
• Former President & CEO of EnGold Mines Ltd., where he raised financing, led resource discoveries, and oversaw drilling campaigns at the Lac La Hache Copper/Gold property.
• Quotes:
• “Reagan is a top‑flight geologist and mining CEO who will continue to contribute in a big way to PBM’s success going forward,” said President & CEO David Brett.
• “David is an industry veteran with a lot of respect in the BC mining industry…we have put together an excellent team at PBM that is determined to build value for shareholders,” said Director and former CEO Reagan Glazier.

Notable Quotes

• David H. Brett, President & CEO: “Reagan is a top‑flight geologist and mining CEO who will continue to contribute in a big way to PBM’s success going forward.”
• Reagan Glazier, Director: “David is an industry veteran with a lot of respect in the BC mining industry…we have put together an excellent team at PBM that is determined to build value for shareholders.”