North PEAK Announces Changes to Board of Directors Calgary, Canada
NORTH PEAK ANNOUNCES CHANGES TO
BOARD OF DIRECTORS
Calgary, Canada April 30, 2025
North Peak Resources Ltd. (TSX Venture: NPR) (the “Company” or “North Peak”) announces that
Brian Hinchcliffe is stepping down as Executive Chairman and from the Board of Directors of the Company
and the appointment of Michael Ouellette, Principal / Managing Director of a US based multi-family office,
as an Independent Director. Brian Hinchcliffe has decided to shift his focus toward the other companies
and ventures he is actively involved with, including Legacy Gold Mines Ltd., but will continue to act as
an advisor to the Company.
“Brian has a phenomenal track record of founding companies and setting them up for success, having
been CEO and founder of both Kirkland Lake Gold and Rupert Resources, and we are looking forward
to building on his work at North Peak ,” commented Rupert Williams , CEO. “The Board of Directors
would like to thank Mr. Brian Hinchcliffe for all his hard work and guidance and will continue to benefit
from his support as a long-standing founding shareholder and advisor. We welcome to the Board Mr.
Michael Ouellete, who brings extensive financial experience and has also served as a Director to Rupert
Resources Ltd. since June 2020.”
Mr. Ouelette serves as Principal / Managing Director of Starboard Advisors, a US-based multi-family office
and has over two decades of executive leadership in the family office industry. Throughout most of his
career, he has worked with closely-held companies, private and public investments on board governance
including several appointments as a Director or an advisor for private and non-profit organizations. He has
a degree in Business Management from the University of Maine and also holds a Master’s Degree in
Public Policy from the Muskie School of Public Policy at the University of Southern Maine.
For further information, please contact:
Rupert Williams, CEO
Phone: +1-647-424-2305
Email: [email protected]
Chelsea Hayes, Director
Phone: +1-647-424-2305
Email: [email protected]
About North Peak
The Company is a Canadian based gold exploration and development company listed on the TSX
Venture Exchange under the symbol “NPR”. The Company acquired an initial 80% interest in the
Prospect Mountain Mine complex in Eureka, Nevada (see the Company’s May 4 and 23, 2023 and
August 25, 2023 press releases).
CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING STATEMENTS: This news
release includes certain "forward-looking statements" under applicable Canadian securities legislation.
Forward-looking statements include, but are not limited to, timing and completion of any exploration
on the Company’s properties , estimates of mineralization from drilling, sampling and geophysical
surveys, geological information projected from drilling and sampling results and the potential quantities
and grades of the target zones, the potential for minerals and/or mineral resources and reserves ,
intentions, be liefs, and current expectations of the Prospect Mountain Mine complex and the
Company, including with respect to the future business activities and operating performance of the
www.northpeakresources.com
TSX Venture: NPR
2
Company that may be described herein . Forward-looking statements consist of statements that are
not purely historical, including any statements regarding beliefs, plans, expectat ions or intentions
regarding the future. Such information can generally be identified by the use of forwarding -looking
wording such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “continue” or the
negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward -
looking statements, as there can be no assurance that the plans, intentions or expectations upon
which they are based will occur.
By their nature, forward-looking statements involve numerous assumptions, known and unknown risks
and uncertainties, both general and specific, that contribute to the possibility that the predictions,
estimates, forecasts, projections and other forward -looking statements will not occur. These
assumptions, risks and uncertainties include, among other things, the state of the economy in general
and capital markets in particular, accuracy of assay results, geological interpretations from drilling
results, timing and amount of capital expenditures; performance of available laboratory and other
related services, future operating costs, and the historical basis for current estimates of potential
quantities and grades of target zones, as well as those risk factors discussed or referred to in the
Company's Management's Discussion and Analysis for the year ended December 31, 2024 available
at www.sedarplus.ca, many of which are beyond the control of the Company. Forward -looking
statements contained in this press release are expressly qualified by this cautionary statement.
The forward-looking statements contained in this press release are made as of the date of this press
release. Except as required by law, the Company disclaims any intention and assumes no obligation
to update or revise any forward -looking statements, wheth er as a result of new information, future
events or otherwise. Additionally, the Company undertakes no obligation to comment on the
expectations of, or statements made by, third parties in respect of the matters discussed above.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.