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Carlyle Commodities Announces Resignation of Vice President of Exploration

MWN-AI** Summary

Carlyle Commodities Corp. (CSE: CCC) announced on March 20, 2026, the resignation of Jeremy Hanson, P.Geo., as Vice President of Exploration. Despite stepping down from this operational role, Hanson will remain engaged with the company as a member of the Board of Directors and will continue serving as the Qualified Person (QP) under National Instrument 43-101. This dual role allows Hanson to provide vital technical expertise and ensure ongoing support for Carlyle's exploration efforts.

Morgan Good, the Chief Executive Officer, expressed gratitude for Hanson's contributions during his tenure as Vice President, highlighting his extensive knowledge and experience in geology that will benefit the company as it continues to navigate its exploration programs. Good reassured stakeholders that Hanson's continued involvement will ensure the integrity of technical disclosures and maintain continuity in the company’s operations.

Carlyle Commodities focuses on the exploration and development of mineral resource properties, notably owning 100% of the Quesnel Gold Project in British Columbia. The company has also secured an option for a 100% undivided interest in the Nicola East Mining Project, further solidifying its commitments in the region.

The company’s announcement included a cautionary note regarding forward-looking statements related to its future operations and Hanson's ongoing roles within the organization. Carlyle Commodities emphasized that all current technical disclosures remain valid under Hanson's guidance as QP and that no immediate changes to exploration activities are expected following this leadership transition.

As Carlyle continues to advance its projects and explore new opportunities, the focus will remain on maximizing resource potential and upholding investor relations through transparent and accurate reporting.

MWN-AI** Analysis

Carlyle Commodities Corp. (CSE: CCC; FSE: BJ4) has recently announced the resignation of Jeremy Hanson as Vice President of Exploration, effective March 20, 2026. While this might raise some eyebrows among investors, it is important to note that Mr. Hanson will remain with the company as a member of the Board of Directors and will continue in his capacity as Qualified Person (QP). This transition suggests a strategic realignment within the company rather than a fundamental shift in its operations.

From an investment perspective, Carlyle's commitment to maintaining continuity in its exploration programs is reassuring. Mr. Hanson’s expertise will still be accessible, allowing for smooth navigation through potential operational challenges. Given that the integrity of the technical disclosure is being preserved, shareholders can expect no immediate disruptions in Carlyle’s exploration and development plans.

The company’s focus on mineral properties, including the Quesnel Gold Project, positions it strategically within a sector that is subject to swings in commodity prices, which can be influenced by broader economic conditions. As investors, it's crucial to monitor these external factors alongside internal developments such as this leadership change.

Investors should remain cautious yet optimistic. Carlyle’s strategic positioning and Mr. Hanson’s ongoing role suggest that the company is well-prepared to continue its trajectory in the mineral exploration space. However, it’s advisable for stakeholders to stay informed about any further changes in leadership or exploration focus.

In summary, while Jeremy Hanson’s departure as VP might seem significant, the coordinated approach by Carlyle Commodities suggests stability. Long-term investors may consider maintaining or accumulating positions, especially if market conditions for precious metals begin to improve. Always conduct thorough research and consider market dynamics before making investment decisions.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: TMX Newsfile

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2026) - Carlyle Commodities Corp. (CSE: CCC) (FSE: BJ4) ("Carlyle" or the "Company") announces that Jeremy Hanson, P.Geo., has resigned as Vice President of Exploration of the Company, effective March 20, 2026.

Mr. Hanson will continue to serve as a member of the Board of Directors of the Company and will retain his role as the Company's Qualified Person ("QP") as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). The Company will continue to benefit from Mr. Hanson's extensive technical expertise and geological knowledge in his ongoing capacity as QP and director.

"We thank Jeremy for his significant contributions as Vice President of Exploration and are pleased that he will continue to provide his technical guidance to the Company in his roles as QP and director," said Morgan Good, Chief Executive Officer. "His continued involvement ensures seamless continuity of our exploration programs and the integrity of our technical disclosure."

The Company confirms that all current technical disclosure remains supported by Mr. Hanson in his capacity as QP under NI 43-101, and that no changes to the Company's exploration programs or technical reporting are anticipated as a result of this transition.

About Carlyle

Carlyle is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. Carlyle owns 100% of the Quesnel Gold Project located in the Cariboo Mining Division, 30 kilometers northeast of Quesnel in central B.C, as well hold the option to acquire 100% undivided interest in the Nicola East Mining Project, located approximately 25 kilometers east of the mining town of Merritt, B.C., and is listed on the CSE under the symbol "CCC" and the Frankfurt Exchange under the ticker "BJ4".

ON BEHALF OF THE BOARD OF DIRECTORS OF CARLYLE

CARLYLE COMMODITIES CORP.

"Morgan Good"

Morgan Good
President and Chief Executive Officer

For more information regarding this news release, please contact:

Morgan Good, CEO, President and Director
T: 604-715-4751
E: morgan@carlylecommodities.com
W: www.carlylecommodities.com

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of Carlyle regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "anticipates", "plans", "believes", "expects", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things: Mr. Hanson's continued involvement as QP and director.

These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: that Mr. Hanson may not continue to serve as QP or director.

In making the forward looking statements in this news release, Carlyle has applied several material assumptions, including without limitation, that: Mr. Hanson will continue to serve as QP and director. Although management of Carlyle has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289447

FAQ**

How does Jeremy Hanson's resignation as Vice President of Exploration affect Carlyle Commodities Corp.'s current projects, particularly the Quesnel Gold Project and the Nicola East Mining Project, given the context of Carlyle Commodities CCCFF?

Jeremy Hanson's resignation as Vice President of Exploration may create uncertainties in Carlyle Commodities Corp.'s execution and strategic direction for ongoing projects like Quesnel Gold and Nicola East, potentially impacting investor confidence and project timelines.

What are the anticipated impacts on the exploration strategy of Carlyle Commodities Corp. with Morgan Good's leadership in light of Jeremy Hanson's transition, in relation to Carlyle Commodities CCCFF?

Under Morgan Good's leadership following Jeremy Hanson's transition, Carlyle Commodities Corp. is expected to adopt a more aggressive exploration strategy, potentially enhancing its project focus and operational efficiency with implications for CCCFF's market performance.

How does Carlyle Commodities Corp. plan to maintain the integrity of its technical disclosure in the absence of an active Vice President of Exploration while still benefiting from Jeremy Hanson's expertise as Qualified Person, under Carlyle Commodities CCCFF?

Carlyle Commodities Corp. plans to uphold the integrity of its technical disclosures through rigorous oversight and clear communication of exploration data, while leveraging Jeremy Hanson's expertise as Qualified Person to ensure compliance and accuracy in reporting under CCCFF.

What measures is Carlyle Commodities Corp. implementing to ensure stakeholders are reassured about the continuity of operations and technical reporting after this key transition, specifically referencing Carlyle Commodities CCCFF?

Carlyle Commodities Corp. is enhancing stakeholder confidence in its operations and technical reporting by maintaining robust communication protocols, ensuring transparency in updates related to CCCFF, and implementing stringent operational continuity measures during the transition.

**MWN-AI FAQ is based on asking OpenAI questions about Carlyle Commodities (OTC: CCCFF).

Carlyle Commodities

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