Prospector Appoints Michael Rockandel as Vice President, Corporate Communications
Suite 1020 – 800 West Pender Street, Vancouver, BC V6C 2V6
Prospector Appoints Michael Rockandel as Vice President,
Corporate Communications
Vancouver, BC March 17, 2026. Prospector Metals Corp. (“Prospector” or the “ Company”) (TSXV: PPP;
OTCQB: PMCOF; Frankfurt: 1ET0) today announced the appointment of Mr. Michael Rockandel to the
position of Vice President, Corporate Communications.
Rob Carpenter, Ph.D., PGeo., President, CEO and Co -Chairman of Prospector, stated “Michael has been
an integral part of Prospectors team since joining fulltime and he is a welcome new member to
Prospector’s senior management team. Michael brings a hard working and dedicated philosophy to his
workday and I am looking forward to working with him in his new role”.
Prospector is currently prepar ing for its 25,000m drill program at the ML Project in Yukon. Drilling
contracts are in place for an anticipated start date of May 15th. A board approved budget of $15 million
for 2026 is fully financed from a treasury of over $43 million.
Warrant Exercise Update
Prospector would also like to announce that all warrants that were due to expire on March 5th have been
exercised. In total 18, 699,544 warrants have been exercised at a price of CAD $0.30, for proceeds of
$5,609,863. Significantly, many of these warrants were exercised by Company insiders and advisers,
demonstrating continued confidence and support in the Prospector business model.
Share Incentive Grant
The Company announced that it granted 2,400,000 deferred share units (“DSUs”) , 1,540,000 restricted
share units ( “RSUs”) and 450,000 incentive stock options (“Options”) to certain directors, officers ,
employees and consultants of the Company as part of its annual compensation review. Such grants are
subject to TSX Venture Exchange approval. Each Option is exercisable to purchase one common share of
the Company for five years at a price of C$ 1.22 per common share. The DSU’s , RSU’s and Options were
granted in accordance with the terms of the Company’s omnibus incentive plan (the “Plan”) and will be
subject to vesting according to the Plan.
About Prospector Metals Corp.
Prospector Metals Corp. is a proud member of Discovery Group. The Company is focused on district scale,
early-stage exploration of gold and base metal prospects. Creating shareholder value through new
discoveries, the Company identifies underexplored or ov erlooked mineral districts displaying important
structural and mineralogical occurrences similar to more established mining operations. The majority of
acquisition activity occurs in Yukon and Ontario, Canada – Historical mining jurisdictions with an
abundance of overlooked geological regions possessing high mineral potential. Prospector establishes and
maintains relationships with local and Indigenous rightsholders and seeks to develop partnerships and
agreements that are mutually beneficial to all interested parties.
On behalf of the Board of Directors,
Prospector Metals Corp.
Dr. Rob Carpenter, Ph.D., P.Geo.
President & CEO
For further information about Prospector Metals Corp. or this news release, please visit our website at
prospectormetalscorp.com or contact Prospector at 1 -778-819-5520 or by email at
Prospector Metals Corp. is a proud member of Discovery Group. For more information please visit:
discoverygroup.ca
Forward-Looking Statement Cautions:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.