Great Republic Mining Corp. president and chief executive officer Fred Davidson has resigned to focus on other endeavour and priorities. The company announces the appointment of Bill Fisher (who is a founding director) as new president and chief executive officer. Mr. Davidson will stay on as director of the company to assist with any transitional needs.

Mr. Fisher, commented: "I want to thank Fred for his time and dedication in founding the company and taking us to this juncture. My strategic aim is to lead Great Republic to a high potential and accretive transaction to generate shareholder value."

Mr. Fisher graduated as a geologist in 1979 and has extensive industry experience, which has included several residential posts in Africa, Australia, Europe and Canada in both exploration and mining positions. Under his leadership, Karmin Exploration discovered the Aripuana base metal sulphide deposits in Brazil. From 1997 to 2001, Mr. Fisher was vice-president, exploration, for Boliden AB, a major European mining and smelting company where he was responsible for 35 projects in nine countries. From 2001 to 2008, Mr. Fisher led GlobeStar Mining Corp. from an exploration company to an emerging base metal producer in the Dominican Republic that developed and operated the Cerro de Maimon mine until it was sold to Perilya for $186-million (U.S.). Mr. Fisher was also chairman of Aurelian Resources, which was acquired by Kinross in 2008 for $1.2-billion (U.S.) after the discovery of the Fruta del Norte gold deposit in Ecuador. Most recently, Mr. Fisher currently serves as executive chairman of Goldquest Mining Corp., past director of Horizonte Minerals, independent director of Treasury Metals Inc. and chairman of Rame Energy.

Porcher Island property work commitment deferral

Under original property agreement, Great Republic was to spend $250,000 on the Porcher Island property by 24 months of its listing date, which was June 9, 2024. The company has agreed with property vendors to defer this expenditure until Dec. 9, 2025, and adding 12 months to each of future work commitments for an additional 300,000 shares issued to vendors.

All share issuance commitment dates from original contract remain the same and all cash payment has been made as of July 10, 2024.

About Great Republic Mining Corp.

Great Republic is a Canadian exploration company engaged in the business of acquiring and exploring mineral resource properties founded by a team with extensive geological, mining and capital market experience. Great Republic has an option to acquire a 100-per-cent interest in the Porcher property, which is composed of nine contiguous mineral titles covering an area of 3,560.4 hectares in the northwest part of British Columbia, Canada, approximately 40 kilometres southwest of the city of Prince Rupert on Porcher Island.