Dakota Gold CEO Jonathan Awde resigns; Robert Quartermain appointed as President and CEO

Dakota Gold Corp.

Jonathan Awde resigned as President, CEO, and director effective October 30, 2024; Quartermain, largest individual shareholder, appointed immediately.
Quartermain serves as Interim CEO without cash compensation; Stephen O'Rourke named Managing Director with $236k annual cash compensation.
Separation agreement provides Awde up to $620k cash (tied to milestones) plus $465k change-in-control payment and continued equity vesting.
Awde forfeits vested options for 387,500 shares and agreed to amend Form 4s following a Board investigation.
Company will commence a CEO search; Amy Koenig appointed Independent Lead Director.

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