REG - Golden Prospect Prec Golden Prospect-GPSS - Portfolio Management Update

Golden Prospect Precious MetalsAnnouncement

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RNS Number : 8045E  Golden Prospect Precious Metals Ltd  19 May 2026

19 May 2026

Golden Prospect Precious Metals Limited

(the "Company")

Portfolio Management Update

 

Further to the announcements by the Company on 9 and 26 March 2026 concerning
its investment management arrangements and the serving of protective notice to
its investment manager, CQS (UK) LLP (" CQS"), part of the Manulife Group, the
Company is continuing to consider a number of options at its disposal.

In the meantime, pursuant to a sub-investment management agreement between CQS
and Manulife Investment Management Limited ("Manulife Canada"), CQS will
delegate portfolio management services in respect of the Company to Manulife
Canada. The Company has provided its consent to this delegation.

Effective from 18 May 2026 two senior Manulife Investment Management Group
portfolio managers, Diana Racanelli and Craig Bethune, will assume
responsibility for the management of the portfolio. Keith Watson and Robert
Crayfourd may provide advice in respect of the portfolio management process
until their notice period expires on 2 June 2026. There is no change to the
Company's investment process, strategy or operations.

Diana Racanelli, CFA and Craig Bethune, CFA, based in Toronto, are senior
portfolio managers at Manulife Investment Management, have been with Manulife
for the past 12 years, and together manage USD544 million in metals &
mining and energy assets, together with a further USD1,096 million in metals
& mining and resources exposure in team managed assets.

The Board believes that taking this action is in the best interests of
shareholders as the Company continues to explore its management options for
the long term. A further update will be provided in due course.

 

Enquiries

Apex Fund and Corporate Services (Guernsey) Limited +44 (0) 203 5303 600

James Taylor GPPMCoSec@apexgroup.com

 

 

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