Champion Bear Resources Ltd. Announces Appointment of New Directors and Chief Financial Officer in Connection with a Renewed Corporate Focus and Technical Strategy
Champion Bear Resources Ltd. Announces
Appointment of New Directors and Chief
Financial Officer in Connection with a
Renewed Corporate Focus and Technical
Strategy
Calgary, Alberta--(Newsfile Corp. - July 15, 2026) - Champion Bear Resources Ltd. (TSXV: CBA)
("Champion Bear" or the "Company") is pleased to announce that the Company has appointed two new
directors and a Chief Financial Officer in connection with a renewed corporate and technical strategy
focused on advancing its Ontario mineral exploration portfolio and creating long-term shareholder value.
The new directors are Andrew Tims and Cole Fouillard and Jason Hastie has rejoined the Company as
Chief Financial Officer. Their respective appointments are effective immediately, subject to the
acceptance of the TSX Venture Exchange. Richard D. Kantor will continue to serve as Chair and Chief
Executive Officer of the Company.
Mr. Tims is a seasoned exploration geologist with more than 40 years of experience in greenfield and
brownfield mineral exploration programs. He has worked across Ontario's leading gold camps, including
Geraldton, Kirkland Lake-Timmins, Red Lake and northwestern Ontario, including eight years with Rainy
River Resources. His experience includes gold, platinum, kimberlite diamond, and volcanogenic
massive sulphide exploration, and he has worked with junior and major mining companies, the Ontario
Geological Survey, and industry organizations including the Porcupine Prospectors and Developers
Association.
Mr. Fouillard is an entrepreneur, corporate leader, and Canadian military veteran with more than two
decades of experience in strategic operations, logistics, emergency management, secure infrastructure,
technology development, and stakeholder coordination. He is the Founder and Chief Executive Officer of
VEXSL Global Inc., where he has led corporate structuring, capital strategy, partnership development,
and commercialization initiatives across Canada and internationally. He brings a practical governance
perspective focused on execution, accountability, risk management, Indigenous and community
engagement, and long-term value creation.
The Company believes the refreshed board brings together a strengthened combination of capital
markets, corporate development, project execution, governance, and mineral exploration experience.
This enhanced leadership structure is intended to support Champion Bear's next phase of growth, with a
particular focus on advancing its 100%-owned Plomp Farm Project in northwestern Ontario and
continuing to evaluate the Company's broader portfolio of precious metals, platinum group metals,
copper, polymetallic, tantalum, and rare earth element opportunities.
Champion Bear's Plomp Farm Project remains a key asset within the Company's portfolio. The project
is located west of Dryden, Ontario and is believed to be an Archean lode gold and Au-rich volcanogenic
significant sulphide opportunity. The property is located within favourable stratigraphy of the Thunder
Lake assemblage and hosts the Plomp Farm Main Zone, where historical drilling has outlined a broad
corridor of gold enrichment associated with pyrite, silver, and base metal mineralization.
"The appointment of Andrew Tims, Cole Fouillard and Jason Hastie represents an important step
forward for Champion Bear," said Richard D. Kantor, Chair and Chief Executive Officer. "We believe the
Company has a compelling foundation of mineral assets, technical work, and historical exploration
results. With renewed leadership, Champion Bear is positioned to move forward with greater focus,
discipline, and energy as we work to unlock the potential of Plomp Farm and the Company's broader
Ontario property portfolio."
Mr. Todd McCracken, PGeo, Manager-Mining, BBA Consultants, is the qualified person (QP) under the
meaning of Canadian National Instrument 43-101 -
Standards for Disclosure of Mineral Projects
, has
reviewed and is responsible for the technical content of this news release.
About Champion Bear Resources Ltd.
Champion Bear is a Canadian mineral exploration and development company focused exclusively on
historically prospective regions of Ontario. The Company's primary targets include gold, platinum group
metals, copper, polymetallics, tantalum, and rare earth elements. Champion Bear's objective is to create
shareholder value through discovery, joint venture, and acquisition. Additional information about
Champion Bear can be found on the Company's website at
www.championbear.com
and on SEDAR+
at
www.sedarplus.ca
.
For further information, please contact:
Richard D. Kantor
Chair and Chief Executive Officer
Champion Bear Resources Ltd.
Email:
www.championbear.com
Neither 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.
Cautionary Statement Regarding Forward-Looking Information
This news release includes certain "forward-looking statements" under applicable Canadian securities
legislation including statements relating to the Company's renewed corporate and technical strategy
focused on advancing its Ontario mineral exploration portfolio and creating long-term shareholder
value; the benefits of the refreshed board of directors including the ability to support the Company's
next phase of growth with particular focus on advancing the Plomp Farm Project and evaluating the
Company's broader portfolio of prospects and opportunities; the belief that the Plomp Farm is an Au-
rich volcanogenic sulphide opportunity; the belief that the Company has a compelling foundation of
mineral assets, technical work and historical exploration results; the belief that the Company is
positioned to move forward with greater focus, discipline and energy as it works to unlock the potential
of Plomp Farm and the Company's broader Ontario property portfolio. Forward-looking statements are
necessarily based upon a number of estimates and assumptions that, while considered reasonable,
are subject to known and unknown risks, uncertainties, and other factors which may cause the actual
results and future events to differ materially from those expressed or implied by such forward-looking
statements. All statements that address future plans, activities, events, or developments that the
Company believes, expects or anticipates will or may occur are forward-looking information, including
statements regarding the potential development of resources and drilling plans which may or may not
occur. Forward-looking statements and information contained herein are based on certain factors and
assumptions regarding, among other things, the ability to continue to operate as a going concern and
pay to off its outstanding debts, judgements and liabilities, the market price of the Company's
securities, metal prices, exchange rates, taxation, the estimation, timing and amount of future
exploration and development, capital and operating costs, the availability of financing, the receipt of
regulatory approvals, environmental risks, title disputes, failure of plant, equipment or processes to
operate as anticipated, accidents, labour disputes, claims and limitations on insurance coverage and
other risks of the mining industry, changes in national and local government regulation of mining
operations, and regulations and other matters. There can be no assurance that such statements will
prove to be accurate, as actual results and future events could differ materially from those anticipated
in such statements. Accordingly, readers should not place undue reliance on forward-looking
statements. The Company disclaims any intention or obligation to update or revise any forward-
looking statements, whether as a result of new information, future events or otherwise, except as
required by law.
.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/305223