Goldsky Taps Industry Veterans to Lead Ambitious Nordic Gold Strategy

VANCOUVER, BC – February 25, 2026 – Goldsky Resources Corp. is significantly bolstering its executive team with two high-profile appointments, signaling an aggressive push to capitalize on its recently expanded portfolio of gold and cobalt projects in Sweden and Finland. The company announced Brent Doster will take the helm as Chief Financial Officer on March 1, while renowned mining executive Karilyn Farmer will assume the role of SVP, Exploration and Resource Development, on April 21.

The appointments come at what CEO Russell Bradford described as a "transformational time" for the company, following a series of strategic acquisitions that have reshaped its asset base and solidified its position as a key player in the Nordic mining sector. The addition of Doster's financial acumen and Farmer's deep exploration and strategic expertise is poised to accelerate Goldsky's ambitious growth plans.

"We are very excited to welcome Brent and Karilyn to our leadership team at such a transformational time in the Company's trajectory," Bradford stated in the official announcement. He emphasized that their collective experience "will be invaluable as we advance our exploration and development plans at the Barsele Project and across our portfolio of projects."

A Strategic Overhaul of Leadership

The new hires bring a wealth of specialized experience tailored to Goldsky's current needs as it transitions towards advanced development. Brent Doster joins the company with over two decades of financial management experience in the global mining industry. Most recently, he served as Group Chief Financial Officer for Goldplat plc, an AIM-listed mining services group, where he managed the finances of operations in South Africa and Ghana. As a Chartered Accountant with extensive experience in publicly listed mining companies, Doster is well-equipped to navigate the financial complexities of Goldsky's growth, including managing capital from its recent C$80 million fundraising and steering its international assets.

In a move that underscores the company's technical and strategic focus, Karilyn Farmer will step down from Goldsky's board of directors to take on the full-time executive role. Farmer is a distinguished mining professional with 30 years of global experience, holding credentials as a FAusIMM Fellow and a JORC Competent Person. Her career is marked by a rare combination of hands-on operational leadership—taking projects from early exploration through to fully operating mines—and high-level strategic insight gained during a nine-year tenure as a Mining Expert at McKinsey & Company. Her extensive background includes directing a $1 billion global exploration portfolio at Areva (now Orano) and holding senior roles at Newcrest, with experience spanning more than 25 countries. This unique blend of skills is seen as critical for unlocking the value of Goldsky's complex geological assets and guiding strategic decisions.

Powering a Nordic Gold Consolidation Strategy

The leadership shuffle is the latest development in a period of intense strategic activity for Goldsky Resources. The company's "transformational" phase has been defined by three pivotal moves aimed at consolidating a dominant exploration and development footprint across Scandinavia.

Most significantly, Goldsky recently entered into an agreement to acquire the remaining 55% of its flagship Barsele gold project from senior producer Agnico Eagle Mines Limited. The deal, valued at over C$200 million in cash and shares, will give Goldsky 100% ownership of the high-potential asset and makes Agnico Eagle a major shareholder with an approximate 32.5% stake, a powerful endorsement from an industry leader.

This followed the company's transformative acquisition of Mawson Finland Limited, which brought the development-stage Rajapalot gold-cobalt project and the district-scale Oijärvi greenstone belt into its portfolio. It was this transaction that initially brought Karilyn Farmer to Goldsky's board. To further bolster its operational capacity, the company also recently acquired the Nordic business unit of Elemental Royalty Corporation, securing regional infrastructure, exploration equipment, and a seasoned technical team in northern Sweden.

Advancing a High-Potential Asset Portfolio

With new leadership and a fortified balance sheet, Goldsky is now focused on advancing its impressive pipeline of projects. The wholly-owned Barsele project in Sweden remains the company's cornerstone, hosting an Inferred Mineral Resource of 1.83 million ounces of gold that remains open for expansion. Securing full control of the project is a critical step toward accelerating its development.

In Finland, the Rajapalot project represents a major near-term catalyst. A 2023 Preliminary Economic Assessment (PEA) demonstrated robust economics, including a post-tax Net Present Value of US$211 million and an Internal Rate of Return of 27%. The project is strategically significant due to its cobalt resource, a critical mineral for Europe's green energy transition. Reflecting this priority, Goldsky has already commenced a 10,000-meter winter drilling program at Rajapalot, aimed at upgrading the existing Inferred Resource and testing new targets for potential expansion.

Together with the underexplored, district-scale Oijärvi project, Goldsky's Finnish assets provide a second major hub for growth alongside its Swedish holdings. The new executive team is tasked with systematically de-risking and advancing this entire portfolio to create what the company hopes will become "Europe's next gold camp."

Market Signals and Investor Confidence

Investors have responded favorably to Goldsky's aggressive consolidation strategy. The company's stock (TSXV: GSKR) has seen a dramatic rise of over 90% since the start of the year, reflecting strong market confidence in its vision and execution. The willingness of a senior producer like Agnico Eagle to become a cornerstone investor provides further validation of the quality of the Barsele asset and Goldsky's management.

The ability to attract top-tier talent like Doster and Farmer is another powerful signal to the market. Experienced executives with strong track records are in high demand, and their decision to join Goldsky speaks to the perceived potential of the company's assets and strategy. With a new leadership team in place, a strong treasury, and full control over a world-class portfolio, Goldsky Resources appears poised to execute the next chapter of its ambitious Nordic growth story.