Forge Resources Announces the Appointment of Gordon Neal to Its Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2025) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company") is pleased to announce the appointment of Mr. Gordon Neal to its Board of Directors, effective immediately.
Mr. Neal brings over 30 years of leadership experience in the mining and capital markets sectors, with a proven track record in corporate development, governance, investor relations, and strategic growth. He has held senior executive roles at several publicly traded resource companies, including Vice President of Corporate Development at MAG Silver Corp. and Silvercorp Metals Inc., and served as President of New Pacific Metals. He is currently the CEO of World Copper Ltd.
Throughout his career, Mr. Neal has raised over $750 million in equity financing for mining and exploration ventures and has served on the boards of numerous publicly listed companies. In addition to his corporate achievements, Mr. Neal is deeply committed to social impact and education, currently serving as Chair of Cape Breton University's Viola Desmond Chair in Social Justice. Mr. Neal holds a Bachelor of Science in Chemistry from Dalhousie University and has served on both the Dalhousie Board of Governors and the Dalhousie Senate.
PJ Murphy, CEO of Forge Resources states: "We are thrilled to welcome Gordon to the Board. His extensive experience in mining finance, project advancement, and corporate governance will provide invaluable guidance as we advance our exploration and development pipeline. Gordon's insight and leadership will strengthen the Company's strategic positioning and help unlock long-term value for our shareholders."
Gordon Neal, Director of Forge Resources remarked: "I'm excited to join the Forge Resources team at such a pivotal time in its growth. The Company's portfolio and vision present a compelling opportunity, and I look forward to contributing to its continued success."
In connection with the directorship, the Company has granted 500,000 options exercisable at $0.71 per common share, having a term of 5 years.
Financing Correction
Forge announces that there was an inadvertent error in the news releases dated May 29, 2025 and June 5, 2025 with regard to the Units. The Units issued pursuant to the private placement consist of one flow-through common shares and one common share purchase warrant, as opposed to the announced one flow-through common shares and one-half of one common share purchase warrant.