Canadian Spirit Resources Inc. Announces Board and Management Changes

CALGARY, AB, Jan. 16, 2025 /CNW/ - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSXV: SPI) (OTCBB: CSPUF) announces that, effective as of the date hereof, Ms. Louisa DeCarlo, Ms. Sarah Hawco and Mr. David C. Monroe have resigned from the board of directors of the Corporation (the "Board") and have been replaced by Mr. William C. McDonald, Mr. Roy Bonnell and Mr. Gaetan Liberatore. Mr. Marc-André Liberatore, a current member of the Board, will remain in his current role. The Corporation further announces that, effective as of the date hereof, Ms. Louisa DeCarlo and Mr. Greg Florence have also resigned from their roles as President and Chief Executive Officer and Chief Financial Officer, respectively, of the Corporation. Ms. DeCarlo has been replaced by Mr. William C. McDonald who will assume the role of President and Chief Executive Officer of the Corporation, while the Corporation undertakes its search for a new Chief Financial Officer.

The Corporation wishes to thank each of Ms. DeCarlo, Ms. Hawco, Mr. Monroe and Mr. Florence for their contributions to CSRI, and further welcomes the additions of Mr. McDonald, Mr. Bonnell and Mr. Liberatore to the Corporation.

Further information regarding CSRI is available o SEDAR+ at www.sedarplus.ca or on the Corporation's website at www.csri.ca.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

SOURCE Canadian Spirit Resources Inc.

For further information, please contact: Canadian Spirit Resources Inc., Attention: Mr. William C. McDonald; Email: [email protected]