Lode Gold Appoints David Swetlow as CFO and Strengthens Management Team

Core Viewpoint - Lode Gold Resources Inc has appointed David Swetlow as Chief Financial Officer to facilitate the spin-off of its subsidiary Gold Orogen, which is nearing completion of a reverse take-over transaction to become a public company [1][4][10] Company Overview - Lode Gold has key assets located in Canada and the United States [5] - The company is focused on unlocking shareholder value through strategic corporate actions, including the spin-off of Gold Orogen [1][10] Appointment of CFO - David Swetlow brings over 30 years of experience in finance, operations, and corporate governance, having held various senior management and advisory roles [3] - His expertise includes company formation, financing, and public company management, which will enhance Lode Gold's existing team [4] Spin-off Details - The record date for Lode Gold shareholders entitled to receive shares of Gold Orogen will be set soon, with a distribution of approximately 0.57 shares of Gold Orogen for each common share of Lode Gold held [2] - The spin-off aims to create two standalone public companies with distinct growth trajectories [10] Gold Orogen Assets - Gold Orogen is an early-stage exploration company with quality assets in Yukon and New Brunswick, Canada, benefiting from a strategic partnership and a large land package [7] - The New Brunswick assets are located in a highly prospective area with significant discoveries, while the Yukon assets have shown extensive exploration success [8][9] Fremont Gold Project - The Fremont Gold Project in California has a historical mining record with a PEA completed in 2023, indicating a resource of 1 million ounces (M&I) and 2 million ounces (Inferred) [6] - The project is situated on over 3,000 acres of 100% owned land, designated as an Opportunity Zone, providing special tax incentives [6] Stock Options - Lode Gold has awarded David Swetlow 322,000 stock options at an exercise price of $0.21, with a vesting schedule that includes 50% on grant and the remaining 50% after one year [4]