Canadian Goldfields Appoints Chris Kinver to Board of Directors

Executive Summary

• Canadian Goldfields Discovery Corp. appointed mining engineer Chris Kinver to its Board of Directors and added James Burns, Mike Hofer, and Dr. Mick Carew to a newly formed Advisory Board.
• The Company adopted a fixed‑share securities compensation (SBC) plan authorizing up to 9,380,000 awards and granted 9,350,000 stock options at $0.45 per share plus 7,925,000 RSUs.
• An investor‑relations engagement with Conrad Orzel was entered into for six months at $3,000 per month, accompanied by a grant of 50,000 stock options at $0.45 per share.

Key Details

• Board Appointment: Chris Kinver – Mining Engineer with >20 years experience; currently VP Projects & Engineering at K92 Mining Inc.
• Advisory Board Appointments:
• James Burns – former CEO/VP of a publicly traded Alberta company, private‑equity background.
• Mike Hofer – environmental professional, principal of Headlands Environmental.
• Dr. Mick Carew – PhD geologist with >25 years experience in exploration and equity analysis.
• SBC Plan:
• Maximum awards: 9,380,000 (restricted & deferred share units).
• Share‑based award caps: ≤5 % of outstanding shares per individual per year; ≤2 % for consultants; ≤10 % for insiders as a group.
• Stock options granted: 9,350,000 at $0.45 exercise price, five‑year term, one‑year vesting (50,000 for investor relations subject to TSX‑V rules).
• RSUs granted: 7,925,000, one‑year vesting, three‑year expiry.
• Investor Relations Agreement:
• Effective 11 Mar 2026 – 11 Sep 2026 (renewable month‑to‑month).
• Services: inbound/outbound communications, non‑deal roadshow and investor meeting management.
• Compensation: $3,000 per month cash plus 50,000 stock options at $0.45/share, vesting 25 % quarterly over one year.
• CEO Comment: John G. Booth highlighted recent acquisition of the Miminiska Gold Project, concurrent equity financing, and upcoming fully funded 2026 exploration program.

Notable Quotes

“Post the recent acquisition of the Miminiska Gold Project in Ontario and concurrent equity financing, the Company has attracted outstanding new additions to an already strong team… we look forward to continuing updating shareholders as we advance corporately and on the ground.” – John G. Booth, CEO & Director

Materiality Assessment: Non‑Material – Neutral (administrative appointments and compensation arrangements without immediate financial impact).