Loyalist Exploration Announces New Director, Creation of Advisory Board and Grant of RSU’s
Loyalist Exploration Announces New Director, Creation of Advisory
Board and Grant of RSU’s
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S.
NEWS AGENCIES
Toronto, Ontario – TheNewswire – October 30, 2025 – Loyalist Exploration Limited (CSE:PNGC)
(“Loyalist” or the “Company”) is pleased to announce the appointment of Michael Cachia as director of
the Company effective today.
Michael Cachia is a Chartered Professional Accountant with an extensive history of providing services to
entities in the natural resource sector and he is a partner in a Toronto based firm of Chartered Professional
Accountants. Michael will serve as the Audit Committee Chairman. He is a director and the audit chair of
Enerev5 Metals Inc. He is also a director of Western Kidd Resources Inc., a private mineral exploration
company located in the Timmins camp.
The Company also wishes to announce the formal creation of the Company’s Advisory Committee with its
formal charter being approved by the Board of Directors today. The formation of the Advisory Committee
commences with the appointment of Kevin Filo to the Advisory Committee, along with Birks Bovaird and
Jean Roy.
Kevin Filo is a founder, Director and the Corporate Secretary of Mink Ventures Corporation (TSXV: MINK),
a Timmins based nickel, copper, cobalt explorer. Mr. Filo obtained an Honours Bachelor of Science
(HBSc,1980) degree in geology from Laurentian University in Sudbury, Ontario, and has been professional
geologist for over 35 years. Mr. Filo is President of Filo Exploration Services Limited, a private geological
consulting firm, established in 1983. Over the last fifteen years Mr. Filo also acted as President and Vice
President of a number of successful private exploration project generator companies. From December 2018
until April 2022 Mr. Filo was VP Corporate Development for Pelangio Exploration and prior to this he was
part of the Pelangio Mines Inc. acquisition team that acquired the former Placer Dome Canada Detour Lake
Mine on Pelangio’s behalf. This project eventually became an established Canadian gold producer now
operated by Agnico Eagle Mines.
The Company also wishes to announce the Company has issued a total of 15,000,000 restricted share
units (the “RSUs”) to certain officers and directors and advisors of the Company in accordance with the
Company’s Long Term Incentive Plan. Each RSU entitles the holder to acquire one Common Share on
vesting. The RSUs will vest fully on the one-year anniversary of the grant date.
Errol Farr, Loyalist’s President & Chief Executive Officer, commented, “Loyalist is very excited that that
Michael Cachia has agreed to join the Board and that Kevin will join the Advisory Committee. I have known
Michael for a number of years and his dedication and tireless work ethic have been an inspiration. Kevin’s
historical experience with our Tully property and the Timmins district, will help guide the Company’s
exploration and development strategy designed to enhance value for all Loyalist shareholders.”
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the
policies of the Canadian Securities Exchange) have reviewed or accept responsibility for the
adequacy or accuracy of this release.
About Loyalist Exploration Limited
Loyalist Exploration Limited is a mineral exploration company concentrating on acquiring, exploring, and
developing quality mineral properties in Canada. The Company is currently focused on its “Buy Timmins”
strategy, with the recent acquisitions of the Tully Gold property, the Loveland nickel/copper/gold property
and the Gold Rush gold/silver property, all located in the Timmins, Ontario mining district. The Company
expects to commence a significant permitting project at Tully and exploration activities on all three
properties as well as expanding the Company’s Timmins based property portfolio.
For further information please visit the Company's website at loyalistexp.ca or contact:
Loyalist Exploration Limited
Errol Farr, President and CEO
Email: [email protected]
Tel: 647-296-1270
This news release contains "forward-looking information" (within the meaning of applicable Canadian
securities laws) and "forward-looking statements" (within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995). Such statements or info rmation are identified with words such as
"anticipate", "believe", "expect", "plan", "intend", "potential", "estimate", "propose", "project", "outlook",
"foresee" or similar words suggesting future outcomes or statements regarding an outlook and include
statements regarding the proposed work on the projects. Although the Company believes that the
expectations reflected in the forward-looking information or statements are reasonable, prospective
investors in the Company’s securities should not place undue reliance on forward-looking statements
because the Company can provide no assurance that such expectations will prove to be correct. Forward-
looking information and statements contained in this news release are as of the date of this news release
and the Company assumes no obligation to update or revise this forward -looking information and
statements except as required by law.