Prospect Ridge Announces Board Resignation
24549 – 53 Avenue
Langley, BC V2Z1H6
604-351-3351
010096000-00161043; 1 1413-4425-2190, v. 1
PROSPECT RIDGE ANNOUNCES BOARD RESIGNATION
Vancouver, BC – May 8, 2026. Prospect Ridge Resources Corp. (the “Company” or “Prospect
Ridge”) (CSE: PRR) (OTC: PRRSF) (FRA: OED) announces that Mr. Brad Scharfe has resigned
from the Company’s Board of Directors, effective May 7, 2026, to pursue other business
interests.
The Company thanks Mr. Scharfe for his valuable contributions, leadership, and commitment
during his four years of service on the Board and wishes him continued success in his future
endeavors.
About Prospect Ridge Resources Corp.
Prospect Ridge Resources Corp. is a British Columbia-based exploration and development company
focused on critical metals and gold. Led by a management and technical team with over 100 years of
combined mineral exploration experience, Prospect Ridge is dedicated to advancing its portfolio of
properties in the Golden Horseshoe and Cariboo regions of north-central British Columbia that have the
potential to become the next large copper/gold porphyry discovery across this vastly under-explored region.
Contact Information
Prospect Ridge Resources Corp.
Mike Iverson - Chairman, Director
Email: mike @miverson.ca
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of
this release.
This release includes certain statements and information (“FLI”) that may constitute forward-looking
information within the meaning of applicable Canadian securities laws. FLI relates to future events or
future performance and reflect the current expectations or beliefs of the Company’s management. Anything
that is not historical fact is FLI. Generally, FLI can be, without limitation, identified by the use of forward-
looking wording such as “plans”, “intends”, “believes”, “expects”, “anticipates” or “estimates”, and
statements or phrases that certain actions, events or results “may”, “might”, “could”, “should” or
“would” occur, and similar expressions. FLI is not historical fact, is made as of the date of this news release
and includes, without limitation, statements and discussions of future plans, intentions, expectations,
estimates and forecasts, and statements as to management's intentions and expectations with respect to,
among other things, positive exploration results at the Camelot, Holy Grail/Knauss Creek, Castle or
Excalibur Projects. FLI involves numerous risks and uncertainties, and are based on assumptions, and
actual results might differ materially from results suggested in any FLI. These risks and uncertainties
include, among other things, the availability of financing to continue exploration activities, the availability
and cost of qualified exploration personnel and service providers, and that future exploration results at the
24549 – 53 Avenue
Langley, BC V2Z1H6
604-351-3351
010096000-00161043; 1 1413-4425-2190, v. 1
Camelot, Holy Grail/Knauss Creek, Castle or Excalibur Projects will not be as anticipated. In making any
FLI in this news release, the Company has applied several material assumptions, including without
limitation, that future exploration results at the Camelot, Holy Grail/Knauss Creek, Castle or Excalibur
Projects will be as anticipated. Although management has endeavored to evaluate and use reasonable
assumptions and to identify important factors that could cause actual results to differ materially from those
contained in FLI, these assumptions may prove incorrect and there may be other factors that cause results
not to be as intended, expected, anticipated or estimated. There can be no assurance that FLI will prove to
be accurate, and actual results and future events could differ materially from those expressed in FLI.
Accordingly, readers should not place undue reliance on FLI, and are further cautioned that reliance on
such information may not be appropriate for other purposes. The Company does not undertake to update
any FLI expressed or incorporated by reference herein, except in accordance with applicable securities
laws. We seek safe harbor.