Gungnir Announces CEO and Director Resignation
News Release GUG: TSX-V
ASWRF: OTCPK
Gungnir Announces CEO and Director Resignation
Surrey, BC – September 4, 2025 - Gungnir Resources Inc. (GUG: TSX-V, ASWRF: OTCPK) (“Gungnir” or the
“Company”) announces the resignation of Mr. Jari Paakki as Chief Executive Officer and a Director of the
Company effective September 30, 2025 . Mr. Paakki advised the Company that his resignation is for
personal reasons. The Board wishes to thank Mr. Paakki for his years of service and wishes him the best
in his future endeavours.
The Board of Directors will be undertaking a search for a new CEO and will provide updates if and when
necessary in accordance with applicable securities laws.
Also, t he remaining Board of Directors will oversee discussions with interested individuals on future
initiatives of the Company, including possible new board members and management, partnerships and/or
sale of assets.
On behalf of the Board,
Chris Robbins, CFO and Director
For further information contact:
Head Office/Investor Relations
Phone: +1-604-683-0484
Email: [email protected]
About Gungnir Resources
Gungnir Resources Inc. is a Canadian -based TSX -V listed mineral exploration company (GUG: TSX -V,
ASWRF: OTCPK) with gold and base metal projects in northern Sweden. Gungnir’s assets include two
nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, b oth with updated nickel resources, the
Knaften-Hemberget project which hosts a developing intrusion -hosted gold system, a newly discovered
gold target at Hemberget and base metal targets. Further information about the Company and its
properties may be found at www.gungnirresources.com or at www.sedar.com.
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 release.
This news release contains “forward-looking statements” within the meaning of applicable securities laws.
Forward-looking information in this press release includes, but is not limited to, the resignation date of Mr.
Paakki, the search for a new CEO and providing any updates in connection therewith, and the potential
future initiatives of the Company. The forward -looking statements contained in this press release are
based on certain key expectations and assumptions made by the Company, including expectations and
assumptions concerning: the ability of the Company to find a new CEO and options for the Company for
future initiatives. Although the Company believes that the expectations and assumptions on which the
forward-looking statements are based are reasonable, undue reliance should not be placed on the
forward-looking statements because the Company can give no assurance that they will prove to be correct.
Since forward-looking statements address future events and conditions, by their very nature they involve
News Release GUG: TSX-V
ASWRF: OTCPK
inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due
to a number of factors and risks. The forward-looking information contained in this press release is made
as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-
looking information, whether as a result of new information, future events or otherwise, unless required
by applicable securities laws. The forward-looking information contained in this press release is expressly
qualified by this cautionary statement.