Eucalyptus Resources Opportunities Fund 1, LP, the largest shareholder of TNR Gold Corp., has submitted a formal notice to nominate four candidates for election to the board at the upcoming annual general and special meeting scheduled for September 22, 2026.

The nominated candidates are Sandra Bates, Dusan Petkovic, Michael Horner, and Jon Christian Evensen. Eucalyptus intends to mail proxy materials to TNR shareholders in due course following the submission.

The incoming nominees bring extensive experience across multiple facets of the global mining industry. Sandra Bates recently served as Executive Director of Predictive Discovery until its merger with Robex Resources closed in April 2026, and previously held roles as General Counsel for Elemental Altus Royalties and Non-Executive Director of Adriatic Metals. Dusan Petkovic was a Principal of Private Debt at Sprott Resources Lending before co-founding G Mining Ventures, where he financed the construction of the Tocantinzinho Project in Brazil and the acquisition of the Oko West Project owner Reunion Gold. Michael Horner most recently served as Chief Financial Officer of Adriatic Metals until its sale to DPM Metals in 2025, having previously worked as Vice President of Corporate Development at Silvercorp. Jon Christian Evensen is the President of Eucalyptus Resources and previously served as a director of Patriot Battery Metals.

The nomination process highlights a compressed timeline regarding meeting disclosures. TNR Gold filed the notice of meeting and record date on SEDAR+ on August 11, 2026, setting a record date of August 12, 2026. For its previous three annual meetings, the company filed notices 21 days, 25 days, and 25 days before the record date, making the latest timeline significantly shorter. Eucalyptus requested notification of any nomination deficiencies prior to August 12, 2026, and proceeded on the basis that the nominations were accepted after receiving no contrary correspondence.

TNR Gold positions its business model around building a green energy metals royalty and gold portfolio, maintaining royalty exposure to development assets including the Mariana lithium project and the Los Azules copper project.

Read the full announcement: Eucalyptus Resources Announces Submission of Four Highly Qualified Director Nominees at TNR Gold's Upcoming Annual Meeting