Maple GOLD Bolsters Board and Management Team, Graduates to Trading ON the OTCQX® Best Market IN the U.s. and Provides Corporate Update
600-1111 West Hastings Street O: +1 (647) 266-8688
Vancouver, BC, V6E 2J3 E: [email protected]
Canada W: maplegoldmines.com
TSX.V: MGM | OTCQX: MGMLF | FSE: M3G0
PRESS RELEASE
January 7, 2026
MAPLE GOLD BOLSTERS BOARD AND MANAGEMENT TEAM, GRADUATES TO TRADING ON
THE OTCQX® BEST MARKET IN THE U.S. AND PROVIDES CORPORATE UPDATE
Vancouver, British Columbia – (Newsfile Corp. – January 7, 2026) – Maple Gold Mines Ltd. (TSX-V:
MGM) (OTCQX: MGMLF) (FSE: M3G0) ("Maple Gold" or the " Company") today announced the
appointments with immediate effect of Dustin Isaacs, ICD.D as an Independent Director and Chair of
Maple Gold’s Board of Directors ( the "Board") and Sarah Herriott, MBA as Vice President, Investor
Relations & Corporate Development. The Company is also pleased to announce that effective today,
its common shares have graduated to trading on the OTCQX® Best Market ("OTCQX") in the U.S.
under the same ticker symbol MGMLF. Maple Gold continues to trade on the TSX Venture Exchange
under the ticker symbol MGM and on the Frankfurt Exchange under the ticker symbol M3G0.
“I am delighted to welcome these two veteran mining executives to the Maple Gold team as we enter
a critical execution phase,” said Kiran Patankar, President & CEO of Maple Gold. “Dustin’s deep legal,
governance and transaction expertise will perfectly complement and strengthen the Board’s existing
skill set as we continue to unlock the potential of our Québec gold portfolio and build long-term value
for shareholders. Sarah’s extensive capital markets and corporate development background will
augment our investor relations strategy and help ensure effective engagement with the market as we
advance our growth objectives . In addition, the Company ’s graduation to the OTCQX represents
another important milestone that will enhance our visibility with U.S. investors and improve the
accessibility and liquidity of our shares across a broader shareholder base.”
Dustin Isaacs, ICD.D - Independent Director and Chair of the Board
Following the Company’s Annual General and Special Meeting of Shareholders in November 2025, the
Board engaged in a focused process to identify a new Board Chair with the skills and experience to
support Maple Gold’s growth strategy. Mr. Isaacs’ appointment is the outcome of that process and
reflects the Board’s commitment to effective governance and ongoing refreshment.
Mr. Isaacs served as Chief Legal Officer and a long-standing member of the executive team of
Turquoise Hill Resources Ltd. from 2013 to 2023, overseeing the company’s strategic planning and
growth through the stages of exploration, development, operation and, ultimately, its successful C$4.3
billion acquisition by Rio Tinto Group as well as being senior executive lead for the post-sale transition
and integration. Turquoise Hill Resources Ltd. was a TSX and NYSE-listed mining company that owned
the Oyu Tolgoi Copper-Gold Mine in Mongolia, one of the world’s largest copper -gold mines. Prior to
that, Mr. Isaacs worked for 10 years at a top tier Canadian law firm where he was a leading corporate
and M&A lawyer. He has led successful M&A transactions across North America, Europe and Asia,
complemented by multiple industry recognitions. Mr. Isaacs holds B.A. (Hons.), LL.B. and B.C.L.
degrees from McGill University , is a member of the Québec Bar Association, and has obtained the
ICD.D designation from the Institute of Corporate Directors.
Sarah Herriott, MBA - Vice President, Investor Relations & Corporate Development
Ms. Herriott brings more than 15 years of investor relations, corporate development and capital markets
experience across the mining and energy sectors. She previously led the global Investor Relations
team at TSX and NASDAQ -listed Methanex Corporation, overseeing institutional engagement and
financial communications and supporting the company’s long- term strategic positioning with equity
TSX.V: MGM | OTCQX: MGMLF | FSE: M3G0 2
markets. Prior to that, Ms. Herriott held senior investor relations and corporate development roles at
NYSE-listed Hecla Mining Company, where she supported M&A transactions , investor relations
initiatives, and corporate communications. She holds a B. Com. degree from the University of British
Columbia and an MBA from Queen’s University.
Graduation to the OTCQX in the U.S.
Maple Gold has successfully qualified to trade on the OTCQX, the highest -level trading venue of the
OTC Markets Group Inc. on which 12,000 U.S. and global securities trade. Upgrading to the OTCQX
is an important step for companies seeking to provide transparent trading for their U.S. investors. For
companies listed on a qualified international exchange, streamlined market standards enable them to
utilize their home market reporting to make their information available in the U.S. To qualify for the
OTCQX, companies must meet high financial standards, follow best practice corporate governance
and demonstrate compliance with applicable securities laws. U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com.
Along with trading on the OTCQX under the same ticker symbol MGMLF, Maple Gold’s common shares
will continue to trade on the TSX Venture Exchange under the ticker symbol MGM and on the Frankfurt
Exchange under the ticker symbol M3G0, providing additional global exposure.
Equity Incentive Grants
Maple Gold’s Board has approved the grant of stock options ( "Options") pursuant to the Company’s
Equity Incentive Plan ( the "Plan") to certain directors, employees and consultants to purchase an
aggregate of 275,000 common shares of the Company (each, a "Common Share"), with an exercise
price of $2.15 per Common Share. The Options will vest in three equal tranches over a 24 -month
period. Once vested, each Option is exercisable into one Common Share for a period of five years from
the date of grant.
The Company also announces that pursuant to the Plan, and with Board approval, certain directors
have elected to receive a portion of their director fees in the form of Deferred Share Units ( "DSUs").
DSUs will be earned on a quarterly basis as director fees become payable, in accordance with the
terms of the Plan.
About Maple Gold
Maple Gold Mines Ltd. is a well -funded Canadian advanced exploration company focused on
advancing its 100%-owned, district-scale Douay/Joutel Gold Project located in Québec's prolific Abitibi
Greenstone Gold Belt. Douay/Joutel benefits from exceptional infrastructure access and boasts ~481
square kilometers of highly prospective ground including an established gold mineral resource at Douay
with significant expansion potential as well as the past -producing Telbel and Eagle West mines at
Joutel. In addition, the Company holds an exclusive option to acquire 100% of the Eagle Mine Property,
a key part of the historical Joutel Mining Complex.
Maple Gold's property package also hosts a significant number of regional exploration targets along a
55-km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling,
making the property ripe for new gold and VMS discoveries. The Company is currently focused on
carrying out exploration and drill programs to grow mineral resources and make new discoveries to
establish an exciting new gold district in the heart of the Abitibi. For more information, please visit
www.maplegoldmines.com.
TSX.V: MGM | OTCQX: MGMLF | FSE: M3G0 3
ON BEHALF OF MAPLE GOLD MINES LTD.
"Kiran Patankar"
Kiran Patankar, President & CEO
For Further Information, Please Contact:
Sarah Herriott, Vice President, Investor Relations & Corporate Development
Phone: +1 (647) 265-8688
Email: [email protected]
Website: www.maplegoldmines.com
LinkedIn: https://www.linkedin.com/company/maplegoldmines
NEITHER THE 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 PRESS RELEASE.
Forward Looking Statements and Cautionary Notes:
This news release contains “forward-looking information” and “forward-looking statements” (collectively referred to as
“forward-looking statements”) within the meaning of applicable Canadian securities legislation in Canada. Forward- looking
statements are statements that are not historical facts; they are generally, but not always, identified by the words “expects ,”
“plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,”, “strategy” ,
“prospective,” and similar expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur , or
are those statements, which, by their nature, refer to future events. Any forward-looking information contained in this news
release represents management’s current expectations and are based on information currently available to management, and
are subject to change after the date of this news release. Although the Company believes that forward-looking statements in
this news release are reasonable, it can give no assurance that such expectations will prove to be correct, as forward-looking
statements are based on assumptions, uncertainties and management’s best estimate of future events on the date the
statements are made and involve a number of risks and uncertainties. Consequently, actual events or results could differ
materially from the Company’s expectations and projections, and readers are cautioned not to place undue reliance on
forward-looking statements. For a more detailed discussion of additional risks and other factors that could cause actual results
to differ materially from those expressed or implied by forward-looking statements in this news release, please refer to the
Company’s filings with Canadian securities regulators available under the Company’s profile on SEDAR+ at www.sedarplus.ca
or on the Company’s website at www.maplegoldmines.com. Except to the extent required by applicable securities laws and/or
the policies of the TSX Venture Exchange, the Company undertakes no obligation to, and expressly disclaims any intention
to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise.