Renforth Appoints Martin Demers VP of Exploration and Completes Final Closing of Private Placement.



Renforth Resources Inc.
  

PICKERING, Ontario, June 24, 2025 – TheNewswire - Renforth Resources Inc. (CSE: RFR) (OTC: RFHRF) (FSE: 9RR) (“Renforth” or the “Company”), is pleased to advise shareholders that Mr. Martin Demers P. Geo (ogq #770) has been appointed as the VP of Exploration for Renforth.

 

In addition to being responsible for the new geological interpretation of Parbec and overseeing the first holes drilled into Victoria which revealed the extent of polymetallic mineralization present, Mr. Demers' career has extended over 25 years, largely with various gold deposits and prospects within the Abitibi.

 

Mr. Demers' deep regional experience ranges from field operations up to the commencement of mining operations. Mr. Demers was part of the initial on-the-ground team that oversaw the exploration that preceded the re-opening of the Casa Berardi Mine in 2007 by Aurizon Mines, a mine still in operation under Hecla Quebec ownership. His vertically integrated skill set led Mr. Demers to become a primary point of contact with senior mining analysts and investment bankers. In 2013 Hecla Mines (USA) acquired Aurizon for $796 million.

"I am pleased to be able to formalize our working relationship with Mr. Demers as we resume our efforts at Parbec. Our planned stripping and bulk sampling at Parbec later this year will benefit from Mr. Demers' prior experience in asset development. In the meantime our ongoing prospecting and general exploration at both Parbec and Victoria benefit from his expertise and continued contributions to our field team." state Nicole Brewster, President and CEO of Renforth.

 

Martin Demers comments "My nomination as VP of Exploration  follows several years of close collaboration and fruitful geological discussions with Ms. Brewster and the Renforth exploration team. We aim to take decisive steps in the development of Renforth's properties and to achieve success"

 

Renforth Private Placement

Renforth has completed the final closing of the previously announced common share and flow through share unit financing with a total of $82,500 raised in this closing via the issuance of 8,250,000 units, with each unit comprised of a share and a warrant. There were no brokerage fees paid in connection with this closing and Nicole Brewster, President and CEO of Renforth, subscribed for a total of 1 million units.

 

Martin Demers P.Geo OGQ and independent qualified person pursuant to the guidelines in NI 43-101 has reviewed and approved the geological information contained in this press release.

 

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No securities regulatory authority has approved or disapproved the contents of this news release.

 

Forward-Looking Statements

 

This news release contains forward-looking statements and information under applicable securities laws. All statements, other than statements of historical fact, are forward looking. Forward-looking statements are frequently identified by such words as “may,” “will,” “plan,” “expect,” “believe,” “anticipate,” “estimate,” “intend” and similar words referring to future events and results. Such statements and information are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the risks of obtaining necessary approvals, licenses and permits and the availability of financing, as described in more detail in the Company’s securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon. Forward-looking information speaks only as of the date on which it is provided, and the Company assumes no obligation to revise or update these forward-looking statements except as required by applicable law.

 

Company Contact:

Renforth Resources Inc.

Nicole Brewster

President and Chief Executive Officer

416-818-1393

Nicole@RenforthResources.com

#Unit 1B – 955 Brock Road, Pickering ON L1W 2X9