Canadian Gold Corp. Appoints Michael Swistun as President and CEO


New Leadership, New Horizons: Michael Swistun Takes the Helm at Canadian Gold Corp

The Board of Directors of the Company is pleased to announce that Mr. Michael Swistun, CFA, has been appointed President and Chief Executive Officer of the Company. This appointment will be effective at the time when Mr. Ed Huebert will resign from the Company. Following his resignation, Mr. Huebert will be available for consultation and assistance with respect to the environment, permitting, and government relations.

“We are excited to have Michael Swistun join Canadian Gold. This represents a very exciting period for the Company and the industry as a whole, with gold prices soaring to new highs,” said Peter Shippen, Executive Chair, Canadian Gold Corp. “Michael joining and Ed continuing in his key development role for the Tartan Mine project, and the promise of our other properties, has put them at an exciting place in their careers and CGC as an exciting exploration company for high-grade gold in Canada worthy of investor interest.”

Mr. Swistun most recently served as a key advisor to Manitoba’s previous Premier. He also served the Province in the role of Secretary for the Economic Development Board, in such a role being responsible for attracting and overseeing the development of a number of important investments to the province of Manitoba. In his previous years, prior to holding service in the government, Mr. Swistun had held very senior executive assignments with companies in the industrial, aerospace, and financial industries.

Notably, Mr. John Swiston had been the Director of Acquisitions for Exchange Income Corp, a Manitoba company consolidating various aerospace, aviation, and manufacturing companies across North America. Prior to that, Mr. Swistun served at Wellington West Capital Inc. in Corporate Finance. The company, which was originally founded by the current heads of Wellington-Altus, is one of the most successful companies in the field of wealth management in Manitoba.

Mr. Swistun adds to the board over thirty years of business experience, holding the Chartered Financial Analyst designation and a graduate from the Asper School of Business at the University of Manitoba.

“It’s a very proud moment for me to have the chance to join Canadian Gold Corp at such an exciting time. I look forward to working with the CGC Board on advancing our portfolio of assets, chief among them the Tartan Gold Mining project which, through continued exploration efforts, continues to deliver excellent results,” said the new President and CEO Michael Swistun.

Over the past three years, drilling at the Tartan Gold Mine Project has consistently confirmed expectations of continuity of the Main Zone at a relatively undisturbed depth with grades consistent or better from historical drilling, having expanded the mineralized zone approximately 72% (see news release dated January 11, 2024). Drilling tests also take place in the adjoining South Zone in search of gaps in the historical drill pattern along interpreted trends identified from historical data.

Such results are encouraging for potential on multiple untested targets that Tartan became one of the most promising exploration targets in Canada, in one of the best mining jurisdictions globally.