Kiboko Announces Management and Board Changes

KELOWNA, British Columbia, August 07, 2025  — Kiboko Gold Inc. (TSXV: KIB) (“Kiboko” or the “Company”) announces a series of changes to its executive leadership and Board of Directors, effective immediately.

Craig Williams has been appointed Interim President and Chief Executive Officer (CEO), succeeding Jeremy Link, who is stepping down from his executive role to focus on other professional pursuits. Mr. Link will continue to serve as Chair of Kiboko’s Board of Directors, ensuring continuity and strategic support during this transition.

Mr. Williams, a co-founder of Kiboko and a director since the Company’s formation in 2019, is a Professional Geologist with over two decades of experience in resource exploration, project financing, project development, and corporate leadership. He will serve in this interim capacity while the Board conducts a formal search for a permanent President and CEO.

The Company also announces the appointment of Michael Gheyle to the Board of Directors, replacing Amanda Sorsak, who has stepped down. Kiboko thanks Ms. Sorsak for her valuable contributions and dedicated service.

Mr. Gheyle brings more than 30 years of experience in international capital markets, including wealth management, derivative trading, corporate finance, institutional sales, M&A, venture capital, and private equity. He has supported companies across a wide range of industries in raising more than $100 million and has held executive, board, and advisory roles with numerous public and private companies. Most recently, he served as CEO and Chairman of Discovery Lithium Corp. He currently sits on the boards of Oyama Capital Corp. and Naked Revival Inc., and advises Solo Automotive Inc., IdBase Technologies Inc., Ameriwest Lithium Inc., and Nova Pacific Metals Corp.

These leadership and governance changes reflect the Company’s commitment to advancing its exploration assets, positioning the business for long-term growth, and maximizing shareholder value.