Tocvan Announces Strategic Management Restructuring to Align Leadership with Growth and Production Objectives
TOCVAN ANNOUNCES STRATEGIC MANAGEMENT RESTRUCTURING
TO ALIGN LEADERSHIP WITH GROWTH AND PRODUCTION
OBJECTIVES
Hermosillo, Mexico – July 29, 2026 – Tocvan Ventures Corp. (the “Company” or “Tocvan”) (CSE: TOC) (OTCQB:
TCVNF) (WKN: TV3/A2PE64) is pleased to announce strategic changes to its executive leadership team. These
title shifts are designed to better align management responsibilities with Tocvan’s rapid advancement toward
production at its flagship Gran Pilar Gold-Silver Project in Sonora, Mexico. At the Gran Pilar gold-silver project
over 9,800 meters have been drilled so far in 2026, with results pending for over 6,400 meters. In tandem with
drilling, the building of it’s fully permitted pilot facility continues for operation in Q4 2026.
Effective immediately:
• Brodie Sutherland has been appointed Executive Chair. Mr. Sutherland previously served as President
and Chief Executive Officer.
• Christopher Gordon has been appointed Chief Executive Officer. Mr. Gordon previously served as Head
of Corporate Development.
• Rodrigo Calles-Montijo, a Board Director since 2021, has been appointed President.
“These changes position Tocvan with a clear, focused leadership structure as we transition from
exploration into development and production,” said Brodie Sutherland, Executive Chair. “I am excited
about the Company’s continued growth and the opportunity to provide daily strategic oversight as
Executive Chair while supporting the talented team driving day-to-day execution. Having been involved
since the Company’s inception, it is particularly rewarding to see Tocvan advance toward production and
we look forward to seeing through this next exciting phase. The recent additions of Anna Ladd-Kruger to
the Board and Darin Wagner as Special Advisor further reinforce our strengthened capabilities across
technical, operational, financial, and governance areas.”
Christopher Gordon, Chief Executive Officer, added: “I am honoured to assume the role of CEO at this pivotal
time. Tocvan has made tremendous progress at Gran Pilar, including advancing the permitted pilot mine
facility. I look forward to leading the corporate and capital markets strategy as we work to unlock
significant shareholder value through near-term production and resource growth.”
Rodrigo Calles-Montijo, President, commented: “As President, I will focus on operational excellence and
project advancement in Mexico. With over 30 years of experience in the region and deep knowledge of the
Gran Pilar project, I am excited to help drive efficient execution as we move toward maiden resource
estimation, PEA, and production.”
CSE: TOC | OTCQB: TCVNF | FSE: TV3
-2-
These changes form part of Tocvan’s ongoing program of team strengthening as the Company transitions
from exploration to development and near-term production. Recent enhancements include the appointment
of Anna Ladd-Kruger as an Independent Director in January 2026 and the addition of Darin Wagner, P.Geo., as
Special Advisor in March 2026. The restructuring strengthens Tocvan’s ability to execute on its vision of
becoming a mid-tier gold and silver producer in the mining-friendly jurisdiction of Sonora. The experienced
leadership team combines technical expertise, operational knowledge in Mexico, and strong capital markets
capabilities.
Photo 1: Recent work at the Pilot Facility as the heap leach pad is near completion.
About Tocvan Ventures Corp.
Tocvan Ventures Corp. is a dynamic exploration and near- term producer advancing high -potential gold and silver
projects in the mine-friendly jurisdiction of Sonora, Mexico. At its flagship Gran Pilar Gold-Silver Project, Tocvan holds a 100%
interest in over 21 km² of prospective ground, bolstered by the pivotal 2023 land acquisition that provides ample space for
scalable mine infrastructure, including a planned 50,000 -tonne pilot production facility. Recent exploration successes,
including near surface 3.1 m at 19.4 g/t Au, underscore Gran Pilar’s potential as a premier gold -silver asset. Additionally,
Tocvan’s 100% owned Picacho Gold-Silver Project, located in the prolific Caborca Trend—home to some of Mexico’s largest
gold deposits—positions the Company for further growth. With robust metallurgical results (up to 99% gold and 97% silver
recovery) and a strategic capital to bolster growth, Tocvan is poised to deliver significant sh areholder value in a market
buoyed by record-high gold prices. With approximately 78.7 million shares outstanding, Tocvan is committed to unlocking
the full potential of its assets through innovative exploration, strategic development, and investor-focused initiatives.
-3-
Brodie A. Sutherland, Executive Chair for Tocvan Ventures Corp. and a qualified person (" QP") as defined by Canadian
National Instrument 43-101, has reviewed and approved the technical information contained in this release.
Cautionary Statement Regarding Forward Looking Statements
This news release contains “forward-looking information” which may include, but is not limited to, statements with respect
to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Forward-
looking information in this news release includes statements regarding the Transaction and anticipated next steps. Such
forward-looking information is often, but not always, identified by the use of words and phrases such as “plans”, “expects”,
“is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including
negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”,
“might” or “will” be taken, occur or be achieved.
These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect
our current judgment regarding the direction of our business. Management believes that these assumptions are
reasonable. Forward-looking information involves known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of the Company to be materially different from any future results,
performance or achievements expressed or implied b y the forward -looking information. Such factors include, among
others, risks related to the speculative nature of the Company’s business, the Company’s formative stage of development
and the Company’s financial position. Forward-looking statements contained herein are made as of the date of this news
release and the Company disclaims any obligation to update any forward -looking statements, whether as a result of
new information, future events or results, except as may be required by applicable securities laws.
There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance
on forward-looking information.
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.
FOR MORE INFORMATION, PLEASE CONTACT:
TOCVAN VENTURES CORP.
Christopher Gordon, CEO
1150, 707 – 7 Ave SW
Calgary, Alberta T2P 3H6
Telephone: 1 306 690 8886
Email: [email protected]
STAY CONNECTED:
LinkedIn: TOC LinkedIn
X: TOC X
Facebook: TOC Facebook
YouTube: TOC YouTube
Web: tocvan.com