Appointment of Alexander Shaw to Storm Board
Landore Resources Limited announced the appointment of its CEO, Alexander Shaw, to the Board of Directors of Storm Exploration Inc. following Storm's recent Annual General Meeting and Special Meeting. This appointment reflects Landore Resources Canada's approximately 15.6% interest in Storm, stemming from the cash and shares option payment for the Miminiska Lake and Keezhik Lake Properties. Landore Resources views this as an opportunity to participate in Storm's decisions as its single biggest shareholder. Landore Resources' strategic objective is to crystallise value from BAM's last estimated NPV of US$333.6m @ US$1,800/oz spot (from May 2022 PEA).
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London, United Kingdom - 16 October 2025 - Landore Resources Limited (AIM: LND) ("Landore Resources" or the "Company") notes the announcement by Storm Exploration Inc. (TSX-V: STRM) ("Storm") on the appointment of Alexander Shaw to its Board of Directors, following its recent Annual General Meeting and Special Meeting.
Landore Resources' CEO, Alexander Shaw, commented:
"I am delighted to be joining the Board and representing Landore Resources Canada's ~15.6% interest in Storm, following the cash and shares option payment for the Miminiska Lake and Keezhik Lake Properties. This allows Landore to participate in decisions relating to Storm as its single biggest shareholder and I look forward to working with Bruce and the team to maximise value creation for both Landore and Storm shareholders."
Bruce Counts, President, and CEO of Storm Exploration commented:
"Storm welcomes Dr. Shaw to its Board of Directors. Alexander's impressive geology credentials and broad industry experience will help to ensure that shareholders continue to be represented by a qualified and well-rounded board."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.