Gelum Appoints Chad Williams to the Board of Directors and Sets Record Date for Consolidation
Suite 1570 – 200 Granville Street
Vancouver, BC, Canada, V6C 3L6
Ph. 604-484-1228
Fx. 604-408-7488
GELUM ANNOUNCES THE APPOINTMENT OF CHAD WILLIAMS TO THE BOARD
OF DIRECTORS AND SETS RECORD DATE FOR CONSOLIDATION
NR26-02 January 21, 2026
FOR IMMEDIATE RELEASE… Vancouver, BC – January 21, 2026 – Gelum Resources Ltd. (the
“Company” or “ Gelum”) reports the appointment of Chad Williams to the board of directors effective
immediately. The board of directors welcome Chad to the board and look forward to his input and expertise.
Mr. Williams is the Founder and Chairman of Red Cloud Mining Capital. He was the CEO of Victoria Gold
from 2007 to 2011 and a gold analyst and Head of Mining Investment Banking at Blackmont Capital from
2004 to 2007. Mr. Williams holds a degree in Mining Engineering and Business from McGill University.
Consolidation Date
The Company further reports that the record date and effective date of the Company’s share consolidation
is set as January 27, 202 6, and the Company’s common shares will commence trading on a post -
consolidated basis of four (4) old pre -consolidated common shares for one (1) new post -consolidated
common share (the “Consolidation”). Following the Consolidation, the issued and outstanding Common
Shares is 15,494,319 Common Shares. The Company name and symbol will not change. No fractional post-
Consolidation Common Shares will be issued, fractions of less than one- half of a Common Share will be
cancelled and fractions of at least one- half of a C ommon Share will be converted to a whole C ommon
Share. Registered Shareholders holding physical certificates will receive a l etter of transmittal from the
Company’s transfer agent describing the process by which shareholders may obtain new certificates (DRS
advices) representing their consolidated C ommon Shares. Shareholders holding Common Shares
represented by a DRS Statement and Beneficial Shareholders holding through a broker or other
intermediary will not be required to complete a letter of transmittal to receive their post -Consolidation
Common Shares.
The new CUSIP for the post -consolidated Common Shares will be 36854R200 and the new ISIN will be
CA36854R200.
About Gelum Resources Ltd.
Gelum Resources is a Company led by seasoned management and advisors in the mining and financial
sectors.
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Gelum Resources Ltd. - 2 - January 21, 2026
NR26-02 Continued
On Behalf of the Board of Directors
Hendrik van Alphen, Director
For further information about Gelum, please contact:
Hendrik van Alphen ([email protected]) or Marla Ritchie ([email protected])
Phone: 604 484-1228
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies
of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information:
This press release may include ‘forward-looking information’, within the meaning of Canadian securities legislation,
about the business of the Company. Forward- looking information is based on certain key expectations and
assumptions made by the Company’s m anagement, including future plans for the Company. Although the Company
believes that the expectations and assumptions on which such forward- looking information is based are reasonable,
investors should not unduly rely on the forward- looking information because the Company cannot assure that it will
prove to be correct. Forward-looking statements in this press release are made as of the date of this press release. The
Company disclaims any intent or obligation to update publicly any forward -looking information, whether as a result
of new information, future events or results or otherwise, other than as required by applicable securities laws.