- November 2025 | Algo Grande Copper Corp.
VANCOUVER, BC – November 25, 2025 – Kenadyr Metals Corp. (TSX-V: KEN.H; OTC-MKTS: KNDYF; FRA: KM0) (the “Company” or “Kenadyr”), which is being renamed Algo Grande Copper Corp., announces the appointment of Enrico Gay as Chief Executive Officer. Mr. Gay is a founding member of the transformation of Kenadyr into Algo Grande and has spearheaded the ongoing acquisition of the Adelita project, as well as the Company’s recent financing. As a capital markets expert with over a decade of experience in project management, Mr. Gay has a proven track record in corporate structuring, finance, project execution, team building, and strategic communications, supporting both private and publicly traded companies from the mining, technology, and other economic sectors. He holds a BA from the University of British Columbia. Timothy McCutcheon has stepped down from his position as CEO but will remain as a Director of the Company.
Enrico Gay, CEO of Kenadyr Metals, commented: “With the acquisition of the Adelita project and the formation of an expanding management team, a new chapter of growth is beginning for Kenadyr. I am proud to lead the company in the further development of this district-wide
Timothy McCutcheon, Director of Kenadyr Metals, commented: “Kenadyr is embarking on a new path in project development with the upcoming acquisition of the Adelita copper project in Mexico, and Enrico is the perfect fit for the Company to successfully advance this project. I look forward to working with him and the rest of the team to lead the Company to success.”
Kenadyr Metals Corp. is in the process of acquiring 100% of the Adelita project, a district-scale copper-gold-silver system in the Sonora-Arizona copper belt. Upon reactivation, the Company will operate as Algo Grande Copper Corp., a growth-oriented copper exploration company focused on expanding the Adelita project – a district-scale, multi-system copper-gold-silver project in the productive Arizona-Sonora copper belt. The Company is committed to disciplined, data-driven exploration and technical excellence as it advances the project towards resource definition.
All required documentation for the acquisition of Adelita and reactivation on the TSXV has been submitted. The Company and the vendors are now awaiting final review by the exchange and confirmation of a reactivation date. Upon approval, Kenadyr will resume trading as Algo Grande Copper Corp.
About Kenadyr Metals Corp.
Kenadyr Metals Corp. (TSX-V: KEN.H; OTC: KNDYF), which is to be renamed Algo Grande Copper Corp., is a growth-oriented mineral exploration company advancing the Adelita project – a large-scale, multi-system copper-gold-silver project in the productive Arizona-Sonora copper belt.
The Company is committed to unlocking the full mineral potential of this underexplored corridor through disciplined, data-driven exploration, technical excellence, and a firm commitment to creating shareholder value. The 5,985-hectare Adelita project is based on the high-grade Cerro Grande Cu-Au-Ag skarn discovery, which exhibits strong continuity along a defined corridor of over 6 kilometers. Re-evaluation of historical geophysical data and field mapping suggests the presence of a potential porphyry system at depth, suggesting a classic skarn-porphyry mineralization model, similar to the major deposits in northwestern Mexico.
ON BEHALF OF KENADYR METALS CORP.
“Enrico Gay”
Chief Executive Officer
For further information, please contact:
Email: info@algo-grande.com
Website: www.algo-grande.com
Tel.: +1 236 836 4182
Cautionary Note Regarding Forward-Looking Information
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This press release contains statements and information that, to the extent that they are not historical facts, constitute “forward-looking information” within the meaning of applicable securities legislation.
Forward-looking information is based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made, but which may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the
forward-looking information, including, without limitation, statements regarding the completion of the Transaction, receipt of all required corporate and regulatory approvals for the Transaction, completion of the Name Change, business development, results of operations, and those risks listed in the Company’s filings with the Canadian securities regulators (which may be viewed at www.sedarplus.ca).
Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for Company’s management to predict all of such factors and to assess in advance the impact of each such factor on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
Company assumes no obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.
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