GFM Resources Limited announced the appointment of Mr. Pedro Rivero González as a Director of the Corporation. Pedro is currently the Chief Executive Officer of Compañía Minera Autlán, S.A.B. de C.V. (Autlán), the Corporation?s majority and controlling shareholder, where he also served in the past as Vice-President of Operations, leading significant efforts in organic growth and sustainability. Pedro is also Vice-President of Mexico?s National Chamber for the Iron and Steel Industry, and a member of the board of the Mexican Mining Chamber.

Pedro is a graduate of Columbia University and holds an MBA from INSEAD. Pedro Rivero?s appointment follows the resignation of Mr. Horacio Alcocer, who submitted his resignation as Director on February 29, 2024. The Corporation thanks Horacio for several years of service as Director and member of the Corporation?s audit committee and wishes him the best in his future endeavours.

The current Directors of the Corporation are Messrs. José Antonio Rivero Larrea, Esteban Rivero González, Pedro Rivero González and James Robertson, P.Eng.