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on Goldflare Exploration Inc. (isin : CA38150E1079)

Goldflare Announces Changes in Leadership

PIEDMONT, QC / ACCESSWIRE / June 25, 2024 / Goldflare Exploration Inc. (TSXV:GOFL) announces that Mr. Michel Desjardins, currently President of the Board of Directors, has been appointed Chief Executive Officer (CEO). Mr. Desjardins succeeds Mr. Ghislain Morin, who steps down due to significant health issues but will remain on the board. The management and the board thank Mr. Morin for his service since 2019.

Ms. Sara Pedneault, a production geology engineer and current board member, will assume the role of Chairperson of the Board of Directors. These appointments take effect immediately.

"I am honored by the board’s trust and saddened for Mr. Morin. Critical decisions lie ahead for the Company's health and sustainability. A heartfelt thank you to Ghislain Morin for his contributions," stated Michel Desjardins, the new CEO of Goldflare Exploration.

Goldflare also confirms to shareholders that its Annual General and Special Meeting will be held on Wednesday, August 21st. A critical vote on a reverse stock split will be presented, with detailed information forthcoming in the Management Proxy Circular.

R. P.

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