Great Pacific Gold Appoints Alex Heath As Chief Financial Officer

(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - July 9, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) ("Great Pacific", "GPAC" or the "Company") announces the appointment of Alex Heath as Chief Financial Officer ("CFO"), effective immediately. Jonathan Richards, Great Pacific Gold's current CFO, and his firm Redfern Consulting will remain engaged by Great Pacific for the next two months to complete the Q2 2025 regulatory filings and ensure a smooth transition.

Mr. Heath is a mining executive and director with more than twenty years of experience in finance, investment banking, corporate development, and investor relations. Based in Vancouver, he has held senior leadership roles with several Discovery Group companies, including serving as Interim CFO and SVP of Corporate Development at Defense Metals Corp. and President & CEO of Prospector Metals Corp. Mr. Heath is currently the Chair of the Audit Committee at Asante Gold and is also the co-founder of Chestnut Creek Capital Corp., an integrated agribusiness investment platform operating premium pineapple plantations in Costa Rica. Earlier in his career, Mr. Heath was an investment banker at Salman Partners Inc., advising on capital markets and M&A transactions. He also held corporate development and investor relations roles at Great Panther Mining Limited and Seaspan Corporation. Alex holds a Bachelor of Commerce with Honours from the University of British Columbia, is a CFA charterholder, and has completed the Directors Education Program at the University of Toronto's Rotman School of Management.

" With our successful equity financing closed last week raising $16.9 million, the Company is now fully cashed up to continue advancing our drilling program at our large scale, high-grade Wild Dog Project in Papua New Guinea. As our operations and exploration activity expands, it was time to bring in a full time CFO and finance team and I am looking forward to working with Alex to create the leading gold-copper development company in Papua New Guinea," stated Greg McCunn, CEO. "I would like to thank Jonathan for his years of hard work in founding the Company and getting it to the point where it is today."

In conjunction with the appointment, the Company has issued 500,000 stock options and 250,000 restricted share units (RSU's). The restricted share units will vest as follows: 50% will vest one year from the date of grant and the remaining 50% will vest two years from the date of grant. In addition, the options will be exercisable at $0.45 per share for a period of five years from the date of grant.

On behalf of Great Pacific Gold:
Greg McCunn
Chief Executive Officer and Director

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