Blossom Gold Strengthens its Management Team with the Appointment of John Seaberg as its Chief Financial Officer
Blossom Gold Strengthens its Management Team with the Appointment of John
Seaberg as its Chief Financial Officer
TORONTO, ON – March 10, 2026 ─ Blossom Gold Inc. (formerly, 1290448 B.C. Ltd.) (“Blossom” or
the “ Company”) (TSX: BGAU) is pleased to announce th at John Seaberg has been appointed
Blossom Gold’s Chief Financial Officer effective March 22, 2026, replacing Blossom’s interim CFO,
Kym No.
Mr. Seaberg is in the process of concluding an advisory assignment with Maaden Mining
Corporation (“Maaden”). Prior to Maaden, Mr. Seaberg was Chief Executive Officer of NV Gold
Corporation (“NV Gold”), a junior exploration company. Before NV Gold, Mr. Seaberg served as
CFO to Calibre Mining Corp. and afterwards as CFO to Condor Gold PLC. He also acted as Executive
Chairman of Paramount Gold Nevada Corp. Prior to his executive experience in the mining sector,
Mr. Seaberg spent 11 years with Newmont Mining Corporation, advancing from internal audit to
corporate development and finally head of investor relations. Mr. Seaberg has a BSc in Business
Administration from Colorado State University and an MBA from the University of Denver.
Rick Winters, CEO of Blossom, commented, “The first thing I need to do is thank Kym No for her
tireless effort bringing Blossom to the point where we c ould attract senior talent like John
Seaberg. I am sure John will continue to call on Kym as he transitions into the CFO role. John is a
consummate mining professional with the experience Blossom will need as we begin our spend
to initiate a feasibility study at the Rosebud Project in Q1 2027. His cross-border experience will
serve Blossom well as we seek to improve trading for U.S. retail investors. We will maintain our
TSX listing. We will make application for an OTCQX listing this quarter and in the second half of
the year we will seek a dual listing in New York. The rest of our senior management team is coming
together and is expected to be in place the second quarter of this year. Good progress is also
being made in the field to initiate our surface drilling program the second half of March.”
About Blossom Gold Inc.
Blossom is a Canadian -based precious metals exploration and development company that
recently began trading on the TSX under the symbol BGAU. Blossom acquired the Rosebud Project
in connection with the TSX-listing and will be focused on the exploration and development of the
project. The Rosebud Project includes the former Rosebud Mine, where mining was conducted
from 1997 through 2000 by the Rosebud Mining Company, a Newmont-Hecla joint venture, using
underground mining methods where the mine operated at a cut-off grade of approximately 0.2
opt Au (6.8 g/t Au), when gold prices ranged from US$250 to US$350/oz; with mined material
truck-hauled approximately 120 miles to an existing Newmont oxide mill for processing.
The current vision for the Rosebud Project is to evaluate the remaining higher -grade
mineralization and the surrounding larger volume of lower grade mineralization as a potential
open pit mining operation with on -site, heap-leach processing and recovery of gold and silver.
The Rosebud Project currently hosts an Inferred Mineral Resource of 70.755 million tons grading
0.68gAu/t (0.018opt Au) and 6.49gAg/t (0.189opt Ag) for 1.28 million ounces of gold and 13.4
million ounces of silver. The mineral resource estimate was open pit constrained using long term
gold and silver prices of US$2,500 and US$35 per ounce respectively. The deposit is open in all
directions.
Further details on Blossom and the Rosebud Project, including the technical report titled “Mineral
Resource Estimate for the Rosebud Property, Pershing County, NV, USA” by Northern Lights
Mining LLC, with a report date of December 17, 2025 and an effective date of November 1, 2025,
can be found under the Company’s profile on SEDAR+ at www.sedarplus.com and the Company’s
website at www.blossomgold.com.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and
approved by Dino Titaro, P .Geo., a Director of Blossom who is a Qualified Person as defined in
National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
For further information, please contact:
Blossom Gold Inc.
110 Yonge Street, Suite 1601
Toronto, Ontario, Canada M5C 1T4
Email: [email protected]
Cautionary Statement on Forward-Looking Information
This news release contains “forward-looking information ” within the meaning of applicable
Canadian securities legislation. All statements other than statements of historical facts included
in this news release constitute forward-looking information, including but not limited to
statements regarding : the effective date of Mr. Seaberg’s appointment; the initiation of the
feasibility study and surface drilling program; steps to improve trading for U.S. investors; additions
to the senior management team; and Company’s plans, prospects and business strategies ,
including the Company’s timeline regarding permitting and commencing construction, and its
vision regarding the Rosebud Project. Terminology such as “plan”, “expect”, “schedule”,
“estimate”, “forecast”, “intend”, “anticipate”, “believe”, “may” or “will” and similar expressions
identify forward-looking information. By identifying such information in this manner, Blossom is
alerting the reader that such information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity, performance or achievements
of Blossom to be materially different from those expressed or implied by such information. In
addition, in connection with the forward -looking information contained in this news release,
Blossom has made certain assumptions. Among the key factors that could cause actual results to
differ materially from those projected in the forward -looking information are th e following: the
inability of Blossom to achieve any one or more of the key catalysts on the timeline expected, or
at all, and any changes in the development of the business of Blossom, as well as those risk factors
more generally set out in Blossom’s AIF, which is available under Blossom’s profile on SEDAR+ at
www.sedarplus.com. Should one or more of these risks, uncertainties or other factors materialize,
or should assumptions underlying the forward-looking information prove incorrect, actual results
may vary materially from those described herein. Although Blossom believes that the assumptions
and factors used in preparing, and the expectations contained in, the forward-looking information
are reasonable, undue reliance should not be placed on such information, and no assurance or
guarantee can be given that such forward -looking information will prove to be accurate. The
forward-looking information contained in this news release is provided as of the date of this news
release, and Blossom does not undertake to update any forward -looking information that is
contained or referenced herein, except in accordance with applicable Canadian securities laws.