Churchill Announces Executive Leadership Transition to Accelerate Strategic Growth
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CHURCHILL ANNOUNCES EXECUTIVE LEADERSHIP TRANSITION TO ACCELERATE
STRATEGIC GROWTH
FOR IMMEDIATE RELEASE
TORONTO, May 5, 2026 - Churchill Resources Inc. ("Churchill" or the
“Company”) (TSXV:CRI) is pleased to announce the appointment of Tasheel Jeerh as the new
CEO of the Company, effective immediately. This appointment marks the next phase of the
Company’s strategic evolution launched in mid-2025, which focused on developing a new
strategic plan and accelerating exploration for strategic and critical minerals in Newfoundland
and Labrador. Outgoing CEO Conan McIntyre, who as a director assumed the executive role on
an interim basis, successfully delivered on the board’s mandate to stabilize the corporate
structure and establish a foundation for further value creation. Mr. McIntyre has positioned
Churchill for its next stage of expansion and continues his service as a member of the Board of
Directors.
"The Board of Directors of Churchill are excited to bring an executive of Tasheel's caliber to lead
the company as it transitions to its next stage of corporate growth, as we systematically
advance or our Black Raven and Golden-Baie gold-antimony projects in Newfoundland and
Labrador, both displaying excellent opportunities for gold, antimony, and other metals along an
established, but underexplored mineralized terrain” commented Bill Fisher, Chairman of
Churchill.
Mr. Jeerh is an executive with over a decade of experience across the energy, mining, mineral
exploration, and technology sectors. He has been involved in more than $2.0 billion in M&A
activity and $1.0 billion in financing transactions, supporting the growth and development of
businesses in both public and private markets. He has contributed to corporate development
initiatives, capital markets strategy, and operational decision-making within upstream oil and
gas, critical minerals exploration, and emerging technology companies. His experience includes
working with organizations at various stages of growth, from early-stage exploration to more
established operating businesses. Mr. Jeerh’s background reflects a combination of
financial expertise and operational experience, providing a foundation for overseeing corporate
strategy and execution.
The Company also announces that is has granted an aggregate of 3,200,000 stock options (the
“Options”) to Messrs. Jeerh and McIntyre. Each Option is exercisable to acquire one common
share of the Company at an exercise price of $0.17 per share for a period of three years from
the date of grant date, and shall vest in three (3) equal tranches, with one-third (1/3) vesting
immediately and the remaining two-thirds (2/3) vesting in two equal tranches at six-month
intervals thereafter.
About Churchill Resources
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Churchill Resources Inc. is a Canadian exploration company focused on exploration and
evaluation of strategic and critical metals (including gold, silver, antimony and nickel) in Canada,
principally at its prospective Black Raven, Golden Baie, Taylor Brook and Florence Lake
properties in the Province of Newfoundland and Labrador. The Churchill management team,
board, and advisors have decades of combined experience in mineral exploration and in the
establishment of successful publicly listed mining companies, both in Canada and around the
world. Churchill’s projects have the potential to benefit from Newfoundland and Labrador’s large
and diversified minerals industry, which includes world class mines and processing facilities,
and a well-developed mineral exploration sector with locally based drilling and geological
expertise.
Antimony is designated as a critical mineral by the Government of Canada and its G7 allies, and
it is an indispensable input for national defence, energy security, and various industrial
applications including fire safety. Global antimony supply chains are concentrated among non-
market actors and subject to export controls creating unacceptable vulnerability. Immediate and
decisive action is needed to repatriate production to Canadian and allied soil.
Further Information
For further information regarding Churchill, please contact:
Tasheel Jeerh, Chief Executive Officer
T: 587-400-2890
Paul Sobie, President
T: 647.988.0930
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements
about Churchill’s objectives, goals and exploration activities proposed to be conducted on its properties;
future growth potential of Churchill, including whether any proposed exploration programs at any of its
properties will be successful; exploration results; and future exploration plans and costs . Wherever
possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipa te”, “believe”,
“estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or
phrases, have been used to identify these forward-looking statements. In particular, this release contains
forward-looking information relating to, among other things, future plans and objectives of the Company.
These statements reflect management’s current beliefs and are based on information currently available
to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could
cause actual results, performance or achievements to differ materially from the results discussed or
implied in the forward-looking statements. These factors should be considered carefully and readers
should not place undue reliance on the forward-looking statements. Such factors, among other things,
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include: exploration results on the Company’s projects, the expected benefits to Churchill relating to the
exploration proposed to be conducted on its properties; receipt of all regulatory approvals in connection
with the transaction contemplated herein; failure to identify any additional mineral resources or significant
mineralization; the preliminary nature of metallurgical test results; uncertainties relating to the availability
and costs of financing needed in the future, including to fund any exploration programs on the Churchill’s
properties, if required; fluctuations in general macroeconomic conditions; fluctuations in securities
markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities;
change in national and local government, legislation, taxation, controls, regulations and political or
economic developments; risks and hazards associated with the business of mineral exploration,
development and mining (including environmental hazards, industrial accidents, unusual or unexpected
formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and
hazards; the presence of laws and regulations that may impose restrictions on mining and mineral
exploration; employee relations; relationships with and claims by local communities and indigenous
populations; availability of increasing costs associated with mining inputs and labour; the speculative
nature of mineral exploration and development (including the risks of obtaining necessary licenses,
permits and approvals from government authorities); the unlikelihood that properties that are explored are
ultimately developed into producing mines; geological factors; actual results of current and future
exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being
preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; and title to
properties. Although the forward-looking statements contained in this news release are based upon what
management believes to be reasonable assumptions, Churchill cannot assure readers that actual results
will be consistent with these forward-looking statements. These forward-looking statements are made as
of the date of this news release, and the Churchill assumes no obligation to update or revise them to
reflect new events or circumstances, except as required by law. 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.