Granada Gold Appoints New Director to the Board
Rouyn Noranda, October 8, 2025 - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") is pleased to announce the appointment of Daniel Barrette as a director of the Company. Daniel Barrette brings over 15 years of leadership experience in the mining sector, with a strong track record in corporate restructuring, project development, and international transactions. From 2011 to 2013, he spearheaded the successful reorganization of SearchGold Resources Inc., culminating in its reverse takeover by Ubika Corp. and a $54 million financing.
Leveraging deep expertise in Africa, Mr. Barrette has helped mining companies secure and develop properties in the Democratic Republic of the Congo through his extensive local network. He also served as Chief Operating Officer of Gilla Inc. and held senior leadership roles with Affinor Resources Inc.
Currently, he is a consultant and director of Nord Precious Metals Mining Inc. (TSXV: NTH) and Coniagas Battery Metals Inc. (TSXV: COS).
"Daniel brings the corporate development and financing expertise Granada needs at this stage," stated Frank J. Basa, P.Eng., CEO. "His successful track record structuring transactions and securing capital, combined with our recently strengthened board, positions us to advance the production pathway for our fully-permitted Quebec gold asset."
Mr. Barrette's appointment follows Granada's recent additions of mining analyst Christopher Ecclestone and CFO Heidi Gutte, reflecting the Company's focus on strengthening corporate governance and capital markets capabilities as it pursues near-term production scenarios.
About Granada Gold Mine Inc.
Granada Gold Mine Inc. continues to develop and explore its 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, and is adjacent to the prolific Cadillac Break. The Company owns 14.73 square kilometers of land in a combination of mining leases and claims. The property includes the former Granada Gold underground mine which produced more than 50,000 ounces of gold at 10 grams per tonne gold in the 1930's from two shafts before a fire destroyed the surface buildings. In the 1990s, Granada Resources extracted a bulk sample (Pit #1) of 87,311 tonnes grading 5.17 g/t Au. They also extracted a bulk sample (Pit # 2) of 22,095 tonnes grading 3.46 g/t Au.
For further information, Contact:
Frank J. Basa, P.Eng. member of Professional Engineers Ontario
Chief Executive Officer
P: 416-625-2342
Or:
Wayne Cheveldayoff,
Corporate Communications
P: 416-710-2410
E: waynecheveldayoff@gmail.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. The Company does not undertake to update any forward-looking information in this news release or other communications unless required by law.
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