CYU

Columbia Yukon Explorations Inc. (the "Company" or "Columbia Yukon") (TSX
VENTURE:CYU)(FRANKFURT:VOR) is pleased to announce the appointment of Brian
Kynoch and Paul Champagne as Directors, Edward Yurkowski as interim President
and Chief Executive Officer and Jimmy Mah as Chief Financial Officer and
Corporate Secretary. 


About Brian Kynoch:

Brian Kynoch is the president and a director of Imperial Metals Corporation.
Brian's career in mining has encompassed all aspects of exploration, permitting,
development, commissioning, operation and reclamation of numerous mines and
mineral properties, including Mount Polley, Huckleberry, Sterling, Red Chris,
Nickel Plate, Goldstream and Castle Mountain mines. Brian is a Civil Engineer
(B.Ap.Sc. UBC) and a member of the Association of Professional Engineers of BC
and the Canadian Institute of Mining and Metallurgy.


About Paul Champagne:

Paul Champagne is the president of Champco Capital Corp., a private investment
company, and a director of Atacama Pacific Gold Corporation. Paul was previously
a director of Baffinland Iron Mines Corporation and CMQ Resources Inc. Paul
received his Bachelor of Commerce degree from the University of Manitoba in
1982, his Chartered Accountant designation in 1986 and a Chartered Business
Valuator designation in 1990.


About Edward Yurkowski:

Edward Yurkowski has been a director of the Company since September 2008 and is
a founder and the chief executive officer of Procon Mining and Tunnelling Ltd.,
a Vancouver based full-service mining contractor with operations in North
America and other continents. Ed received his Bachelor of Science in Civil
Engineering from the University of Saskatchewan in 1971 and holds a number of
directorships with various mining companies, including Imperial Metals
Corporation.


About Jimmy Mah:

Jimmy Mah is a Chartered Professional Accountant, with a broad range of mining
industry experience, including budget and cost management, corporate governance,
government and securities compliance, taxation, enterprise resource planning and
information systems implementation. During his 16-year career, Jimmy has held
senior management positions, including chief financial officer, in a number of
public and private companies.


With these additions to Columbia Yukon's management and board, the Company
intends to increase its focus on the development of its Storie property
molybdenum project located near Cassiar, British Columbia. In connection with
the above appointments, Douglas Mason (former Chief Executive Officer and
director), Ronald Coombes (former President and director), Sead Hamzagic (former
Chief Financial officer and director) and Benjamin Ainsworth, Bruce Morley and
Andrzej Kowalski (each a former director) have voluntarily resigned from these
positions with the Company. To assist the Company following these changes in
management, Ronald Coombes has agreed to provide consulting services to the new
management team.


"Since 2005, we, as previous management, have accomplished a great deal as we
successfully explored, developed and strategically enhanced the Company's Storie
property molybdenum project. At this stage, we recognize that the Storie
property project will benefit from the future contributions of the new
management team, that are expected to bring their mining expertise and capital
raising abilities to the project which we believe will be beneficial for future
shareholder value," said Douglas L. Mason, former Chief Executive Officer of
Columbia Yukon.


Mr. Yurkowski stated, "I would like to thank the previous management and
directors of Columbia Yukon for their significant contributions to the Company
over a number of years. The reconstitution of the Company's board and management
earlier today is an important milestone in the continued development of the
Company's Storie property molybdenum project and will place the Company in a
better position to maximizee shareholder value."


About Columbia Yukon Explorations Inc.:

Columbia Yukon is a Canadian mineral explorationn company focused on the
development of its Storie Property molybdenum deposit. The Storie Property is
situated about 6 km southwest of Cassiar, British Columbia. Cassiar is located
15 km (by paved road) west of Highway 37 which provides access to Watson Lake,
Yukon, to the north and Dease Lake and Stewart, British Columbia, to the south.


Columbia Yukon Explorations Inc.

Edward Yurkowski, President and CEO

The TSX Venture Exchange has not reviewed this news release and does not accept
responsibility for the adequacy or accuracy of this release. This news release
includes certain statements that may be deemed "forward-looking statements". All
statements, other than statements of historical facts, that address such matters
as future exploration, drilling, exploration activities, potential
mineralization and resources and events or developments that the Company
expects, are forward looking statements and, as such, are subject to risks,
uncertainties and other factors of which are beyond the reasonable control of
the Company. Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such statements
are not guarantees of future performance and actual results or developments may
differ materially from those in forward-looking statements. Factors that could
cause actual results to differ materially from those in forward-looking
statements include such matters as market prices, exploitation and exploration
results, continued availability of capital and financing, and general economic,
market or business conditions. Any forward-looking statements are expressly
qualified in their entirety by this cautionary statement. The information
contained herein is stated as of the current date and subject to change after
that date.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Columbia Yukon Explorations Inc.
Jimmy Mah
(604) 296-3380
www.columbiayukon.com

(TSXV:CYU)
Historical Stock Chart
From Mar 2024 to Apr 2024

(TSXV:CYU)
Historical Stock Chart
From Apr 2023 to Apr 2024