Brascan Resources Inc. announced that Mr. Geoff Balderson has resigned from his previous position as CFO. Additionally, Mr. Steven Nguyen will be assuming the role of CFO, replacing Mr. Balderson. Mr. Balderson serves as the CFO and Director of several publicly traded companies in a variety of industries and is instrumental in managing the financial operations as well as the integrated business strategies.

He is the Founder and President of Harmony Corporate Services and has been involved in the capital markets for 25 years, possessing a solid background in corporate compliance. Mr. Nguyen is an experienced accounting professional with expertise in audit, accounting, tax, and financial reporting in several industries including apparel, food, various consumer products, and resource exploration. Steven is the President of Nuyun Consulting Corp., a Vancouver based company that provides financial reporting services to publicly listed companies.

He also acts as an officer for both NEO and Canadian Securities Exchange listed companies. Previously, Mr. Nguyen worked in the public company audit team at Crowe MacKay for four years. Mr. Nugyen is a Chartered Professional Accountant (CPA) and holds a Bachelor of Business Administration from the Beedie School of Business at Simon Fraser University.

The Company would like to thank Mr. Balbir for his contribution and wish him well in his future endeavors.