Algo Grande Copper Announces AGM and Appointment of Raymond Jannas to Board, Strengthening Technical Leadership in Hydrothermal Copper Systems
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Algo Grande Copper Announces AGM and Appointment of Raymond Jannas to Board,
Strengthening Technical Leadership in Hydrothermal Copper Systems
VANCOUVER, BC – January 29, 2026 – Algo Grande Copper Corp. (“ Algo Grande”), (TSX-V:
ALGR; OTC: KNDYF; FRA: KM00) announces that it will hold its annual general meeting of
shareholders (the “Meeting”) at 10:00 a.m. (PST) on February 25, 2026, at Suite 1500 – 1055
West Georgia Street, Vancouver, British Columbia.
At the Meeting, shareholders will be asked to elect the Company’s directors, including the
appointment of Dr. Raymond Jannas to the Board of Directors, marking a significant
strengthening of the Company’s technical leadership and governance as it advances the
Adelita Project.
Enrico Gay, CEO of Algo Grande Copper Corp., commented: “We are grateful to have Dr.
Raymond Jannas joining Algo Grande as a Director. His experience in Latin America and in
hydrothermal systems, including porphyries and high-sulfidation systems, is exceptional
and directly aligned with the opportunity at Adelita. As a Board member, Ray brings the
technical stewardship, strategic perspective, and accountability that are essential as we
scale our exploration efforts, and his guidance will be invaluable as we execute the next
phase of the Company’s growth.”
The Company has nominated Kevin Ma, Timothy McCutcheon and Gordon Neal to be re-
appointed as directors the Meeting. Additional information regarding the Company’s new
director nominees is provided below.
Director Nominees
Dr. Raymond Jannas — Chairman
Dr. Raymond Jannas is a globally recognized economic geologist with over 40 years of
experience specializing in the exploration of large-scale hydrothermal mineral systems,
including porphyry copper-gold and high-sulfidation environments. He has led and advised
exploration teams responsible for the discovery and advancement of several world-class
deposits including Pascua-Lama, El Morro, and the Valeriano (formerly Cortadera)
porphyry copper-gold project in Chile, which was discovered and advanced during his
tenure as President and Chief Executive Officer of ATEX Resources.
Dr. Jannas has held senior technical and executive roles with ATEX Resources Inc., Gold
Fields, Barrick Gold, LAC Minerals, Hochschild Mining, and Metallica Resources, where he
played a pivotal role in building high-performance technical teams, designing disciplined
exploration strategies, and advancing Tier 1–scale porphyry copper discoveries from
concept through resource definition. Most notably, his leadership at ATEX Resources
helped establish the company as a recognized explorer focused on deep, high-quality
porphyry systems within the Andean copper belt.
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He holds a Ph.D. in Economic Geology from Harvard University and is widely regarded as
one of the industry’s leading authorities on porphyry and high-sulfidation hydrothermal
systems. As a Director, Dr. Jannas will contribute deep technical insight, strategic
perspective, and disciplined oversight as Algo Grande advances the Adelita Project and
evaluates its potential within a broader district-scale hydrothermal copper-gold system.
Hunter Scharfe
Hunter Scharfe is the Co-Founder and Chief Executive Officer of Juno Industries. He was
formerly a Senior Advisor to BTQ Technologies (NASDAQ: BTQ) and a Partner at Paterson
Partners, where he built, capitalized, and advised high growth technology companies. Mr.
Scharfe brings experience in scaling businesses and navigating public market
environments. He holds a Bachelor of Commerce from the University of Toronto’s Rotman
School of Management.
Enrico Gay
Enrico Gay is the Chief Executive Officer of the Company and a founding member of Algo
Grande’s company. He spearheaded the acquisition of the Adelita Project and related
financings and has played a central role in shaping the Company’s strategic direction and
execution plan. Mr. Gay is a capital markets professional with over a decade of experience
in project management, corporate structuring, finance, and strategic communications,
supporting both private and public companies. He holds a Bachelor of Arts from the
University of British Columbia.
Bradley Scharfe’s term as a director of the Company will end at the meeting. The Company
thanks Mr. Scharfe for his valuable contributions and service.
Meeting Materials
Proxy materials prepared in connection with the Meeting, including the management
information circular (collectively, the “Proxy Materials”), have been filed under the
Company’s profile on SEDAR+. Copies of the Proxy Materials have also been mailed to
certain registered shareholders. Shareholders who are unable to attend the Meeting in
person are encouraged to complete and return their proxy or voting instruction form, as
applicable, so their vote may be counted.
About Algo Grande Copper Corp.
Algo Grande Copper Corp. is a growth-focused mineral exploration company advancing the
Adelita Project, a district-scale, multi-system copper-gold-silver opportunity positioned in
the prolific Arizona-Sonora copper belt.
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The company is dedicated to unlocking the full mineral potential of this under-explored
corridor through disciplined data-driven exploration, technical excellence, and a firm
commitment to value creation for shareholders. The 5,895-hectare Adelita Project is
anchored by the high-grade Cerro Grande Cu-Au-Ag skarn discovery, which exhibits strong
continuity along a defined corridor extending over 6 kilometers. Reprocessing of legacy
geophysical data and field mapping indicate the presence of a potential porphyry system at
depth, suggesting a classic skarn-porphyry mineralization model similar to major deposits
found throughout northwestern Mexico.
ON BEHALF OF ALGO GRANDE COPPER CORP.
Enrico Gay
Chief Executive Officer
For more information, please contact:
E-mail: [email protected]
Website: www.algo-grande.com
Cautionary Statement on Forward-Looking Information
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.
This news release contains statements and information that, to the extent that they are not
historical fact, constitute “forward-looking information” within the meaning of applicable
securities legislation. Forward-looking information is based on the reasonable assumptions,
estimates, analysis and opinions of management made in light of its experience and its perception
of trends, current conditions and expected developments, as well as other factors that management
believes to be relevant and reasonable in the circumstances at the date that such statements are
made, but which may prove to be incorrect. Forward-looking information involves known and
unknown risks, uncertainties and other factors that may cause the actual results, performance or
achievements of the Algo Grande to differ materially from any future results, performance or
achievements expressed or implied by the forward-looking information, including, but not limited
to, statements relating to the composition of the Board following the Meeting, and those listed in
filings made by Algo Grande with the Canadian securities regulatory authorities (which may be
viewed at www.sedarplus.ca). Accordingly, readers should not place undue reliance on any such
forward-looking information. Further, any forward-looking statement speaks only as of the date
on which such statement is made. New factors emerge from time to time, and it is not possible for
Algo Grande’s management to predict all of such factors and to assess in advance the impact of
each such factor on Algo Grande’s business or the extent to which any factor, or combination of
factors, may cause actual results to differ materially from those contained in any forward- looking
statements. Algo Grande does not undertake any obligation to update any forward-looking
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information to reflect information, events, results, circumstances or otherwise after the date hereof
or to reflect the occurrence of unanticipated events, except as required by law including securities
laws.