Stuhini Exploration Appoints Meredith Eades as President and Chief Executive Officer; Appoints David O'Brien as Board Chair; Announces other Corporate Updates
Stuhini Exploration Appoints Meredith Eades
as President and Chief Executive Officer;
Appoints David O'Brien as Board Chair;
Announces other Corporate Updates
VANCOUVER, BC
,
June 2, 2025
/CNW/ - Stuhini Exploration Ltd. ("Stuhini" or the "Company")
(TSXV: STU) (OTCQB: STXPF) is pleased to announce the appointment of Ms.
Meredith Eades
as
President and Chief Executive Officer ("CEO"), and Director of the Company, effective immediately.
Mr.
David O'Brien
has stepped down as President and Chief Executive Officer and moved to the
position of Chair of the Company replacing
Tony Fogarassy
, who has stepped down as Chair and as
a Director.
Mr.
David O'Brien
commented: "We are excited to welcome Ms. Eades to lead Stuhini as its
President & CEO. Her unique combination of business acumen, leadership experience, and
background in high-performance environments makes her exceptionally well-suited to guide Stuhini
through its next phase of growth."
"I am honoured to take on the role of President & CEO and look forward to leading Stuhini into the
next stages of its growth," commented
Meredith Eades
. "Our primary focus will be on advancing
Ruby Creek
, with a vision of responsible and effective exploration that unlocks its full value. I am
eager to work alongside our technical team, advisors, and stakeholders to achieve these objectives."
As an executive Ms. Eades brings a relevant skill set to Company. She will draw on her 9 years of
experience in investor relations within the mining sector, alongside her background in business,
marketing, and professional athletics. Throughout her career, she has worked with reputable
companies such as Radisson Mining Resources Inc., American Pacific Mining Corp., and Silver47
Exploration Corp. Ms. Eades has a proven track record working with junior mining companies to
leverage their value proposition, capital raising, fostering investor confidence, and leading strategic
growth initiatives.
Ms. Eades holds a Bachelor of Commerce in Marketing from the
University of British Columbia
and
has developed strong leadership skills through her experience as a professional athlete in skiing and
mountain biking. Her background has instilled a deep understanding of teamwork, discipline, and
motivation—key qualities that have contributed to her success in both business and sport.
The Company would like to thank Mr.
David O'Brien
, who has stepped down from his role as
President & CEO and transitioned to Chair of the Board. David's leadership has been instrumental in
Stuhini's growth, and the Company looks forward to his continued support. The Company also
wishes to thank Mr.
Tony Fogarassy
for his leadership as Chair of the Board during his tenure. In
connection with Ms. Eades appointment, the Company has granted Ms. Eades a stock option for the
purchase of 500,000 common shares of the Company at an exercise price of
$0.11
per share for a
term of five years expiring
May 30, 2030
. The stock option vests in stages of 25% every six months
such that all options shall be fully vested by
May 30, 2027
, subject to the terms and conditions of the
Company's stock option plan. The option grants are subject to any necessary regulatory approvals.
About Stuhini Exploration Ltd.
Stuhini is a mineral exploration company focused on exploration and development of precious and
base metals properties in western
Canada
and the southwest
United States
. The Company's
portfolio of exploration properties includes the flagship Ruby Creek Property, 14 km east of
Atlin,
BC
; the South Thompson Nickel Project, 35 km northwest of
Grand Rapids, Manitoba
; the Big
Ledge Property, 57 km south of
Revelstoke, BC
; the Red Hills Project in northeast
Nevada
and the
Jersey Valley Project in northwest
Nevada
.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
SOURCE
Stuhini Exploration Ltd.
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For further information:
For further information please contact: David O'Brien, Chair of the Board,
Stuhini Exploration Ltd., Email: [email protected], Phone: (604) 835-4019; Meredith Eades,
President & CEO, Email: [email protected], Web: www.stuhini.com
CO: Stuhini Exploration Ltd.
CNW 08:30e 02-JUN-25