NovaRed Mining Appoints Kostenski to Advisory Board
NovaRed Mining Inc. Appoints International Mining Executive
and Financier Ed Kostenski to Advisory Board
Vancouver, British Columbia – May 27, 2026 – NovaRed Mining Inc. (CSE: NRED; OTCQB: NREDF)
(“NovaRed” or the “ Company”) is pleased to announce the appointment of Ed Kostenski to the
Company’s Advisory Board.
Mr. Kostenski brings more than four decades of international experience spanning mining equipment,
project finance, infrastructure development, and emerging-market industrial growth initiatives.
Mr. Kostenski is the Founder and Chief Executive Officer of Nationwide Equipment and affiliated
financing operations under Nationwide Group, an international enterprise operating across the mining,
construction, infrastructure, energy, logistics, and proje ct-finance sectors. Since founding Nationwide
Equipment in 1983, he has expanded the business into a global platform serving mining operators,
governments, infrastructure developers, financial institutions, and industrial groups throughout Africa,
Latin America, the Middle East, and Asia.
Over the course of his career, Mr. Kostenski has been involved in mining and industrial equipment
financing, infrastructure funding, government project finance, energy initiatives, and industrial
development programs supporting resource-sector growth across emerging markets.
Mr. Kostenski has developed extensive relationships throughout the African mining and infrastructure
sectors, supporting projects involving mining equipment deployment, logistics systems, industrial
expansion, and project financing initiatives. His experie nce spans engagement with mining operators,
financial institutions, sovereign entities, ministries, export agencies, and industrial development
stakeholders.
In 2005, Mr. Kostenski was appointed by the U.S. Export-Import Bank to its Sub-Saharan Africa Advisory
Committee, contributing private -sector expertise toward expanding U.S. trade and investment
engagement throughout Africa. He also received national recog nition after being highlighted by
President George W. Bush during remarks on entrepreneurship and economic growth during a White
House event focused on small business economic policy
In connection with the appointment, Brian Goss, CEO of NovaRed Mining Inc., stated , “Ed’s
appointment represents a significant addition to NovaRed’s advisory team. His extensive experience
across many mining-related sectors provides valuable strategic depth as NovaRed advances its project
initiatives. His global network and experience supporting industrial and mining development projects
will be an important asset to the Company.”
Ed Kostenski commented, “I am pleased to join NovaRed Mining’s Advisory Board at an exciting stage
of the Company’s development. I look forward to supporting management as it advances its strategy
and pursues opportunities within the mining sector.”
NovaRed believes Mr. Kostenski’s experience in mining ecosystems, project execution, infrastructure,
and international financing will support the Company’s long -term growth strategy and development
initiatives.
About Novared Mining Inc.
NovaRed Mining Inc. (CSE: NRED; OTCQB: NREDF) is a mineral exploration company focused on the
identification, acquisition, exploration and development of copper -gold porphyry projects in British
Columbia. The Company’s optioned Wilmac copper-gold project comprises 16,078 hectares located
within the Quesnel porphyry belt in the Similkameen Mining Division, southwest of Princeton and
approximately 10 kilometres west of Hudbay Minerals Inc.’s producing Copper Mountain Mine. For
more information, visit novaredmining.com.
Readers are cautioned that the discussion of mineralization on adjacent or similar properties, including
the Copper Mountain Mine, is not necessarily indicative of the mineralization or potential of the Wilmac
Project. The Company has no interest in, or right to acquire any interest in, any such adjacent properties
ON BEHALF OF NOVARED MINING INC.
Brian Goss
Chief Executive Officer
T: 775-340-2395
FORWARD-LOOKING INFORMATION
This news release contains forward-looking information within the meaning of applicable Canadian securities legislation. Forward-looking
information includes, but is not limited to, statements regarding Mr. Kotenski’s expected advisory role, the anticipated benefits of his
appointment, the Company’s ability to implement a successful long-term growth strategy, and the advancement of the Company’s British
Columbia copper-gold exploration portfolio.
Forward-looking information is based on a number of assumptions that, while considered reasonable by the Company at the date of this
news release, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Such assumptions
include, without limitation, the review and potential success of the Company’s non-provisional patent application, the planned use of AI
technology on the Wilmac Project and its potential success, the use of the technology by third-parties and the Company’s ability to generate
revenue from such technologies, and the development of additional mineral exploration-related technologies.
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results,
performance or achievements to differ materially from those expressed or implied by such forward -looking information. Importan t risk
factors include, but are not limited to: the possibility that the 2026 IP/AMT survey results may not support, or may revise, the geological
interpretations described in this news release; the possibility that historical exploration data acquired by the Company may not be
reproducible by current acquisition methods or may be subject to limitations not previously identified; the continued availability of capital
and financing; the ability to satisfy option earn-in requirements on the timelines contemplated, including with respect to the Trojan-Condor
Corridor; failure to receive acceptance for filing by the Canadian Securities Exchange of the Trojan -Condor Corridor option amending
agreement on the timelines contemplated, or at all; risks inherent in mineral exploration; adverse weather or terrain conditions that may
delay or prevent fieldwork; tenure grant, renewal and permitting outcomes, including under British Columbia's revised mineral tenure
system; Indigenous and community consultation requirements ; changes in applicable laws and regulations; the ability to retain key
personnel and contractors; litigation; failure of counterparties to perform their contractual obligations; and general econom ic, market or
business conditions. Readers are cautioned no t to place undue reliance on forward -looking information. The Company undertakes no
obligation to update or revise any forward-looking information, except as required by applicable securities laws.
Neither the CSE nor its Market Regulator (as that term is defined in CSE policies) accepts responsibility for the adequacy or accuracy of
this news release.