Wallbridge Mining Company Limited announced that Marz Kord is retiring from his role as Chief Executive Officer, effective immediately. Mr. Kord will remain employed until December 31, 2023 to support the management team through the management transition. Brian Penny, the Company?s Chief Financial Officer, will assume the role of interim CEO, effective immediately. Mr. Penny has over 30 years of mining industry experience in financial management, strategic planning, and financial reporting. Prior to joining the Company as CFO in 2018, Mr. Penny held senior positions such as Executive Vice President and CFO of New Gold Inc. and Vice President of Finance and CFO of Kinross Gold Corporation.

Most recently, Mr. Penny served as a director of Maverix Metals Inc. (2019 to 2023). In addition, he has also served as a member of the Board of Equinox Minerals Limited (2004 to 2011), Alamos Gold Inc. (2005 to 2008); and Baffinland Iron Mines Limited (2004 to 2008). Mr. Penny obtained his Diploma in Business-Accounting and Finance from Cambrian College and is a CPA, CMA.