Gold X2 Mining Inc. Appoints New Chief Financial Officer and Expands Board Leadership

Gold X2 Mining Inc., a materials‑sector company listed on the TSX Venture Exchange, announced on December 16, 2025 that Michael Kanevskyf will assume the role of Chief Financial Officer (CFO). The appointment follows a similar announcement from the company earlier that day, underscoring a concerted effort to strengthen the organisation’s financial leadership.

Executive Appointment

Michael Kanevskyf brings a wealth of experience in financial stewardship and operational oversight. Although the company’s public filing does not detail his prior tenure, the decision to appoint him as CFO signals a strategic emphasis on bolstering the company’s financial reporting, capital allocation, and risk management frameworks. As CFO, Kanevskyf will be responsible for guiding Gold X2’s budgeting, forecasting, and investor communications—areas that are critical for a company with a market capitalisation of approximately 326 million CAD and a current share price of $0.64 CAD (as of December 14, 2025).

Board Expansion

In addition to the CFO appointment, Gold X2 Mining Inc. welcomed Joanna Pearson to its Board of Directors as an Independent Non‑Executive Director, effective immediately. Pearson’s extensive background—over 25 years of international experience in financial reporting, risk management, and strategic financial transformation—provides the board with seasoned insight into mining‑sector financial practices. Her previous roles include serving as Chief Financial Officer of Endeavour Mining plc and as an Audit Partner with Deloitte LLP, where she managed multinational audit engagements for U.S. and Canadian listed companies, primarily in the mining and emerging markets sectors.

Pearson currently sits on the boards of Rupert Resources Ltd., Hochschild Mining plc, and Gold X2 Mining Inc. Her appointment is expected to enhance the company’s governance standards, particularly in the areas of financial disclosure and risk oversight. As a Chartered Professional Accountant of British Columbia with an ICD.D designation, Pearson’s expertise aligns with Gold X2’s commitment to transparent and robust financial reporting.

Context for Investors

Gold X2 Mining Inc. operates within the global gold exploration and development market, offering services that span exploration, project development, and operational support. The company’s share price has fluctuated between a 52‑week low of $0.23 CAD (as of December 19, 2024) and a 52‑week high of $0.69 CAD (as of December 11, 2025), reflecting the cyclical nature of the mining sector. The recent leadership changes are likely to be viewed positively by investors seeking enhanced financial discipline and strategic clarity.

Outlook

With Michael Kanevskyf’s appointment as CFO and Joanna Pearson’s addition to the board, Gold X2 Mining Inc. positions itself to strengthen its financial governance and operational execution. These moves come at a time when the company is navigating a volatile commodities environment and striving to deliver shareholder value through disciplined capital allocation and robust risk management.