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Carmanah Minerals Announces Proposed Name Change to Skull Ridge Gold Rebrands Flagship Asset to the Skull Island Project in Newfoundland
VANCOUVER, British Columbia, March 26, 2026 (GLOBE NEWSWIRE) -- Carmanah Minerals Corp. (CSE: CARM) (“Carmanah” or the “Company”) announces that it intends to c
About this update from Skull Ridge Gold Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, March 26, 2026 (GLOBE NEWSWIRE) -- Carmanah Minerals Corp. (CSE: CARM) (“Carmanah” or the “Company”) announces that it intends to change its corporate name to Skull Ridge Gold Corp. (the “Name Change”), subject to approval of the Board of Directors, the filing of all requisite forms with corporate and regulatory authorities, and the submission of all required documents to the Canadian Securities Exchange. The proposed Name Change follows the appointment of Karim Rayani as Executive Chairman and Chief Executive Officer, Director on March 18, 2026, and reflects the Company’s renewed strategic direction under new leadership, with a focus on advancing its flagship asset and strengthening its identity as a gold and silver-focused exploration company. As part of this rebranding initiative, the Company also announces that its flagship Heritage Project, operated by Carmanah Minerals Corp., will be renamed the Skull Island Project¹. The Skull Island Project is located on the Burin Peninsula in Newfoundland and hosts mineralization within the Avalonian rocks, including the Point May Trend, a recognized epithermal gold-silver system. Newfoundland continues to establish itself as one of the premier mining jurisdictions in Canada, with a proven track record of gold discoveries and production. Prominent companies such as New Found Gold Corp., along with the recent merger of Equinox Gold Corp. with Calibre Mining Corp.—which consolidated the Valentine Gold Mine into one of Canada’s largest gold producers²—underscore the region’s strong geological potential and growing investment interest. These developments highlight the robust environment in which Skull Ridge Gold Corp. is advancing its flagship Skull Island Project. Karim Rayani, Executive Chairman and Chief Executive Officer, commented: “Since assuming my role as Executive Chairman and CEO on March 18, 2026, I have led a rebranding of Carmanah to Skull Ridge Gold Corp., reflecting our renewed strategic focus and commitment to unlocking the potential of the Skull Island Project. The Burin Peninsula remains vastly underexplored despite hosting a large epithermal system, and the Skull Island Project offers a district-scale opportunity to rapidly grow high-grade gold and silver resources. Our upcoming infill drill program and re-assaying of existing core are e...