Leadership Team

Professional geologist and capital-markets operator with over 15 years of experience in mineral exploration and development. Has raised over $40 million in capital over the past three years. Part of the Varshney Family Office, a three-decade mining and real-estate investment lineage with cumulative project funding exceeding $100 million. Bachelor of Science in Geosciences, Simon Fraser University.

Brings 18 years of financial expertise as a Canadian Chartered Professional Accountant. Specializes in financial management, tax compliance, M&A, risk management, and financial reporting. Mr. Naeem also serves as Chief Financial Officer of other reporting issuers, including Usha Resources Ltd. and Xander Resources Inc., and these multi-issuer relationships are disclosed for transparency.

Professional geologist and capital markets operator with over 15 years in mineral exploration and development. See Management above.

Four-decade career in capital markets and mineral exploration. Held President, CEO, and CFO roles at multiple TSX-listed companies. Specializes in developing and financing venture capital companies in mining and technology. Raised over $30 million in the past decade for public and private ventures. Recently negotiated a US$26 million asset sale through Usha Resources.

11 years as a Senior Geologist with Goldcorp Inc. in Red Lake, Ontario, one of Canada's most productive high-grade gold districts. Currently Executive Chair of Total Metals Corp. (TSXV: TT) and Mayor of the Town of Erin, Ontario. Specializes in Archean lode gold deposit geology and public-company capital markets.

Appointed to the Board on April 20, 2026. Role and biographical details verified via Total Metals Corp. and Town of Erin disclosure.

Founder and CEO of Goliath Resources Limited with 25 years in investment banking, corporate finance, and executive management. Led Goliath's flagship Golddigger Project in British Columbia's Golden Triangle, delivering multiple high-grade gold discoveries. Provides strategic counsel on exploration strategy, corporate development, and institutional outreach.

Source: role and biographical details verified via Goliath Resources Limited corporate disclosure and SEDAR+ issuer profile.

CEO of First Atlantic Nickel (TSXV: FAN), where he led the 2026 awaruite nickel discoveries and the company's addition to the Sprott index. Former underground mine geologist.

Co-founder of ProIce Management. Director of several junior mining companies, contributing logistics and capital markets experience. Sixteen-season NHL career across 1,129 games.

Mr. Azar is a Qualified Person as defined under National Instrument 43-101 (OGQ#10876, Ordre des géologues du Québec). He reviews and approves the technical and scientific content disclosed by Formation Metals, including drill results, historical estimate disclosures and adjacent property references. Historical reports referenced by the Company were reviewed by the Qualified Person; the Qualified Person has not verified the historical sampling, analytical, or test data underlying the original historical estimates. Mr. Azar is not independent of the Company within the meaning of NI 43-101 s.1.5; independence of the Qualified Person is not required for this website content.