Vancouver, British Columbia — December 17, 2025 — Leads & Copy — Fuerte Metals Corporation (TSXV: FMT) (OTCQB: FUEMF) has announced the results of voting at its Annual General and Special Meeting, where shareholders voted in favor of all items put forward by the company.
The meeting, held on December 17, 2025, in Toronto, Canada, saw a total of 41,536,092 common shares voted, representing 34.30% of the issued and outstanding common shares as of the record date.
As a result of the voting:
The number of directors was set at seven with the following nominees elected as directors: Chris Beer, Scott V.A. Hicks, Shannon McCrae, Dawson Proudfoot, Sandip Rana, Tracy Reynolds and Tim Warman.
Davidson and Company LLP were re-appointed as auditors of the Company for the ensuing year.
The Company approved a new Omnibus Equity Incentive Plan to replace its Long-Term Incentive Plan.
Fuerte Metals also announced the appointment of Kerry Sparkes and Scott J. Hicks as technical advisors to the board of directors. According to Fuerte Metals, these individuals possess a deep technical background and industry experience that will be invaluable to the Company and the board of directors as the project moves forward through technical studies, engineering and toward a construction decision. The company also stated that these appointments coupled with the capabilities added through the engagements with WSP and G Mining Services, the Company is extremely well positioned with industry-leading technical partners.
Chris Beer, Chair of the Board, stated that the board is pleased to welcome Kerry Sparkes and Scott Hicks as Technical Advisors, adding that their depth of technical, operational, and project-development experience meaningfully strengthens the Board’s ability to oversee the advancement of the Coffee Project through engineering, permitting, and toward a construction decision.
Sparkes has over 35 years of experience in mineral exploration as an exploration geologist and mining executive. His career has included the exploration, delineation and development of two major Canadian deposits (Voisey’s Bay & Rainy River), both of which were the subject of takeovers. He recently served as technical advisor and director to Prime Mining Corp., (bought by Torex Gold Resources Inc., in 2025), and was previously Vice President-Geology for Franco Nevada Corporation. He was also a founder and director of Orla Mining Ltd. Sparkes is currently President of Sparrowhawk Consulting Ltd. and sits on the boards of Aurion Resources Ltd., and Fokus Mining Corp. He received both his undergraduate and graduate degrees from the Memorial University of Newfoundland and is a registered professional geologist in Newfoundland & Labrador.
Scott J. Hicks (no relation to director Scott V.A. Hicks) was most recently the Chief Executive Officer and Director of Prime Mining Corp, where he led the advancement of the Los Reyes project and recent successful sale of the company to Torex Gold Resources. He has over 20 years of industry experience, including roles as Senior Vice President of Technical Services with Kinross Gold Corp. and positions with Inco Ltd. and Vale in corporate development, strategic planning, and financial evaluation. He holds a Bachelor of Applied Science in Mining Engineering from Queen’s University and is a Chartered Financial Analyst Charterholder.
The Company has granted 975,000 incentive stock options and 171,839 Restricted Stock Units (“RSUs”) to certain directors, employees, consultants and advisors of the Company. Pursuant to the Company’s Omnibus Equity Incentive Plan, the incentive stock options are exercisable at a price of $4.51 each for a period of five years and both options and RSUs are subject to vesting provisions.
Fuerte Metals is a Canadian exploration and development company focused on advancing high-potential precious metals and base metals projects across the Americas. The company’s flagship asset is the 100%-owned Coffee Project in the Yukon, Canada – a high-quality gold project advancing through the final stages of permitting, engineering, and resource expansion drilling in preparation for a construction decision. Coffee hosts 3.0 million ounces of open-pit heap-leach Measured and Indicated Resource and an Inferred Resource of 0.8 million ounces.
Alan J. San Martin, P.Eng. and Charley Murahwi, P.Geo. from Micon International Limited are the Qualified Persons (QPs) who prepared the Coffee Gold Project Mineral Resource Estimate.
Tim Warman, Chief Executive Officer and Director
Fuerte Metals Corporation
Email: info@fuertemetals.com
Source: Fuerte Metals Corporation
