Thesis Gold & Silver Strengthens Team with Appointment of Dimitry Demianyuk as EVP Project Development

About this update from Thesis Gold & Silver Inc.

VANCOUVER, BC, June 1, 2026 /CNW/ - Thesis Gold & Silver Inc. ("Thesis", or the "Company") (TSXV: TAU) (OTCQX: THSGF) (WKN: A3EP87) is pleased to announce the appointment of Mr. Dimitry Demianyuk as Executive Vice President, Project Development, effective June 21, 2026. Mr. Demianyuk brings more than two decades of mining and metals project development experience, with a strong track record in advanced project planning, technical studies, execution readiness, risk management, construction delivery, commissioning, and start-up. He most recently served as Vice President, Project Development at Discovery Silver, where he led the delivery of the Cordero Project's PEA, PFS, and Feasibility Study, helping advance one of Mexico's largest next-generation greenfield silver development projects. Mr. Demianyuk was also a key member of Discovery Silver's due diligence team for the acquisition of the Porcupine Gold Mining complex from Newmont and the Kidd Operation from Glencore - the transactions that transformed Discovery into a mid-tier producer and supported significant corporate growth. Earlier in his career, he held senior project and engineering management roles with Pure Gold Mining, Nevsun Resources, Frontera Mining, Rio Tinto, Newcrest, and engineering firms Hatch, Ausenco, and JDS. His experience includes owner team leadership, EPCM management, project de-risking, execution planning, capital control, permitting support, and execution. Ewan Webster, President and CEO, commented, "We are very pleased to welcome Dimitry to Thesis at a key inflection point for the Company. His deep experience in advancing large-scale projects through study, de-risking, and into execution aligns directly with our objectives at Lawyers-Ranch. Dimitry strengthens our ability to deliver on our development strategy and unlock the full value of the project." Thesis granted (i) 250,000 stock options (the "Options"); (ii) 53,500 restricted share units ("RSUs"); and (iii) 53,500 performance share units ("PSUs") to an officer, with all awards governed by the Company's Omnibus Long-Term Incentive Plan and each applicable award agreement. Each vested Option entitles the holder to purchase one common share of the Company (each, a "Common Share") at an exercise price of $3.53 per Common Share for f...

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