Smooth Rock Announces Additions to Management Team

Executive Summary

• Smooth Rock Ventures Corp. appoints current director Michael Ruggles as President and Chief Executive Officer, effective immediately.
• Donald Gordon, CFA, is added to the board as a new director.
• Outgoing President & CEO Christos Doulis will remain on the board of directors.

Key Details

• Michael Ruggles – President & CEO: Over 20 years in financial services, most recently COO at Arrow Park Capital; brings expertise in merchant banking, corporate restructurings, and investment strategy.
• Donald Gordon – Director: 40+ years of corporate finance experience; former Director of Corporate Finance and Listings at the Vancouver Stock Exchange; past President of the Vancouver Society of Financial Analysts.
• Management Transition: Christos Doulis steps down as President & CEO but retains a board seat.
• CEO Quote: “I am thrilled to join Smooth Rock at such a pivotal moment… our focus will be to accelerate exploration programs, including resource expansion.” – Michael Ruggles.
• CFO Comment: Christopher Hobbs (CFO) welcomes the new leadership and highlights their capital‑markets experience.

Notable Quotes

“I am thrilled to join Smooth Rock at such a pivotal moment in its development and the current resurgent natural resource markets,” said Michael Ruggles.

Materiality Assessment: Non-Material – Neutral (leadership change is material for corporate governance but does not convey new operational or financial information).