Wednesday, September 16, 2026
MiningNewsTerminal
Wednesday, September 16, 2026 Admin

SMET.CN ·

Cross River Ventures Appoints ALEX Klenman as Chief Executive Officer

Management Changes

CROSS RIVER VENTURES CORP.

Suite 1430, 800 West Pender Street

Vancouver, British Columbia

V6C 2V6

NEWS RELEASE

CROSS RIVER VENTURES APPOINTS ALEX KLENMAN AS

CHIEF EXECUTIVE OFFICER

Vancouver, British Columbia, Canada – September 14, 2020 – Cross River Ventures Corp. ( the

“Company” or “ Cross River ”) ( CSE: CRVC ) (FWB:C6R) is pleased to announce that it has appointed

Alex Klenman, as Chief Executive Officer (“CEO”), effective immediately, replacing John Fraser, who

remains with the Company in his roles as President and Chief Financial Officer.

Mr. Klenman is an experienced junior mining executive whose career spans over 30 years in the

private and public sectors. Ove r the past decade he has held and continues to hold leadership roles

with numerous publicly traded resource companies, including senior officer and/or director positions

with Nexus Gold Corp, Leocor Gold, Azincourt Energy, Arbor Metals, Manning Ventures, and others.

As a consultant in the past h e has also worked with companies such as Roxgold Inc, Forum Uranium,

Integra Gold, Midnight Sun Mining, among others . He began his professional career in television

broadcasting which evolved in the late 1990’s int o communications, finance and marketing roles

principally for publicly traded companies.

“I’m excited to work with John, Dan and the team behind Cross River,” said CEO, Alex Klenman.

“There’s a solid foundation already in place with the two projects in our portfolio. That’s just a start.

Our goal is to build a dynamic and prominent exploration company that captures a large audience

and creates significant value through strategic exploration and discovery, and by pursuing blue chip

opportunities with expansive upside,” continued Mr. Klenman.

“We are very pleased to have Alex move into the CEO position at Cross River,” said John Fraser,

President and CFO . “Alex's extensive experience and impressive work ethic will play a key role in the

growth of Cross River,” continued Mr. Fraser.

About the Company

Cross River is a gold and silver exploration company that is primarily engaged in the acquisition and

development of precious metal exploration properties. The Company owns an option to acquire 60%

interest in the Fuchsite Lake project which comprises approximately 3,750 hectares 20 km north of

the town of Armstrong, Ontario. The Company also owns an option to acquire a 100% undivided

interest in the Tahsis Property, an early -stage gold exploration property located on Northern

Vancouver Island, in the Nanaimo Minin g Division, British Colum bia. Cross River’s common shares

trade under the symbol “CRVC” on the CSE.

On behalf of the Board of Directors of

CROSS RIVER VENTURES CORP.

John Fraser

President & CFO

604-227-6610

[email protected]

www.crossriverventures.com

The Canadian Securities Exchange has in no way passed upon the merits of the proposed transaction and has

neither approved nor disapproved the contents of this news release. 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 news release may contain forward -looking statements. These statements are based on curre nt

expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially

because of factors discussed in the management discussion and analysis section of our interim and most recent

annual financial statement or other reports and filings with the Canadian Securities Exchange and applicable

Canadian securities regulations. We do not assume any obligation to update any forward -looking statements,

except as required by applicable laws.