Generation Mourns Passing of Board Member Paul Murphy

The mining industry has lost a prominent figure with the passing of Paul Murphy, a highly respected and experienced board member of Generation Mining. Murphy, who served as the company's Lead Director and Chairman of the Audit Committee, was a valued member of the Compensation Committee and the Nominating and Corporate Governance Committee. His extensive career in the resource sector and financial institutions significantly shaped his approach to board membership at Generation Mining.

Murphy's leadership roles in mining companies and financial institutions have left an indelible mark on the industry. As a Partner at PricewaterhouseCoopers LLP, he served as National Mining Leader, gaining valuable insights into the industry's financial aspects. His roles as CFO at Guyana Goldfields, G2 Goldfields, and GPM Metals further honed his financial acumen. Additionally, his chairmanship at Alamos Gold and directorship at Collective Mining Ltd. provided him with a deep understanding of the mining industry's operational dynamics.

Murphy's diverse experience enabled him to offer invaluable counsel and guidance to Generation Mining's board, contributing to the company's strategic direction and governance. His expertise in mining, finance, and governance significantly influenced Generation Mining's decision-making processes and risk management strategies. As a former partner and head of the mining group at PricewaterhouseCoopers, Murphy brought extensive experience in the resource sector, working with major international oil and gas, and mining companies. His tenure as Executive Vice President Finance and Chief Financial Officer at Guyana Goldfields and G2 Goldfields further equipped him with hands-on experience in managing financial aspects of mining operations.

Murphy's leadership at Generation Mining likely fostered a culture of financial discipline, transparency, and risk mitigation, contributing to the company's overall financial health and stability. His expertise in corporate accountability, risk management, and structuring and mergers and acquisitions was invaluable in guiding Generation Mining's financial decisions. The company's stock performance reflects the positive impact of Murphy's leadership, with a steady increase in share price over the past few years.

The mining industry has lost a true pioneer and leader with the passing of Paul Murphy. His extensive experience and dedication to the industry have left a lasting impact on Generation Mining and the broader mining sector. The company extends its deepest sympathies to Murphy's family and friends, and his legacy will continue to inspire future generations of mining professionals.