Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

AUXX.V ·

Goldshore Announces President, CEO and Director Transitioning to Interim CEO and Director

Management Changes

EE

Goldshore Announces President, CEO and Director

Transitioning to Interim CEO and Director

VANCOUVER, B.C., February 22, 2024: Goldshore Resources Inc. (TSXV: GSHR / OTCQB:

GSHRF / FWB: 8X00 ) (“Goldshore” or the “ Company”) announces that Brett A. Richards, the

Company’s President, Chief Executive Officer (“ CEO”) and Director , is transitioning to Interim

CEO and Director.

As part of an ongoing commitment to Goldshore, Mr. Richards has decided to transition to Interim

CEO and maintain his board seat, ensuring the Company has adequate leadership and working

capital for the next twenty-four (24) months.

Goldshore continues to be committed to managing the risk(s) of operating in the current capital

market environment while demonstrating the resiliency of its board and management team to

make difficult decisions to protect and manage the best interest of shareholders. The Goldshore

board will regularly review its management structure and make adjustments as necessary in the

future.

About Goldshore

Goldshore is an emerging junior gold development company, and owns the Moss Gold Project

located in Ontario. The Company is led and supported by an industry-leading management group,

board of directors and advisory personnel. Goldshore is well- positioned and well financed to

advance the Moss Gold Project through the next stages of exploration and development.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of

the TSXV) accepts responsibility for the adequacy or accuracy of this release.

For More Information – Please Contact:

Brett A. Richards

Interim Chief Executive Officer and Director

Goldshore Resources Inc.

P. +1 604 288 4416 M. +1 905 449 1500

E. [email protected]

W. www.goldshoreresources.com

Facebook: GoldShoreRes | Twitter: GoldShoreRes | LinkedIn: goldshoreres

2

Cautionary Note Regarding Forward-Looking Statements

This news release contains statements that constitute “forward-looking statements.” Such forward

looking statements involve known and unknown risks, uncertainties and other factors that may

cause the Company’s actual results, performance or achievements, or developments to differ

materially from the anticipat ed results, performance or achievements expressed or implied by

such forward- looking statements. Forward looking statements are statements that are not

historical facts and are generally, but not always, identified by the words “expects,” “plans,”

“anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or

that events or conditions “will,” “would,” “may,” “could” or “should” occur.

Forward-looking statements in this news release include, among others, statements relating to

expectations regarding the exploration and development of the Moss Gold Project, future changes

to the Company’s management structure, and other statements that are not historical facts. By

their nature, forward- looking statements involve known and unknown risks, uncertainties and

other factors which may cause our actual results, performance or achievements, or other future

events, to be materially different from any future results, performance or achievements expressed

or implied by such forward-looking statements. Such factors and risks include, among others: the

Company may require additional financing from time to time in order to cont inue its operations

which may not be available when needed or on acceptable terms and conditions acceptable;

compliance with extensive government regulation; domestic and foreign laws and regulations

could adversely affect the Company’s business and results of operations; the stock markets have

experienced volatility that often has been unrelated to the performance of companies and these

fluctuations may adversely affect the price of the Company’s securities, regardless of its operating

performance; the impact of COVID -19; the ongoing military conflict in Ukraine; and other risk

factors outlined in the Company’s public disclosure documents.

The forward-looking information contained in this news release represents the expectations of the

Company as of the date of this news release and, accordingly, is subject to change after such

date. Readers should not place undue importance on forward-looking information and should not

rely upon this information as of any other date. The Company undertakes no obligation to update

these forward-looking statements in the event that management’s beliefs, estimates or opinions,

or other factors, should change.