Filo Mining Corp. announced the appointment of Mr. Ron F. Hochstein to its Board of Directors, in replacement of Mr. Phil Brumit, who has resigned. Mr. Hochstein is currently the President and Chief Executive Officer of Lundin Gold Inc. (Lundin Gold).

Under Mr. Hochstein's leadership, Lundin Gold acquired FDN in late 2014, completed a feasibility study, signed several agreements with the Ecuadorian Government, financed, and then constructed the mine and infrastructure on time and on budget - achieving first gold production in November 2019. Prior to his position at Lundin Gold, he served as Executive Chairman (2015), and President and Chief Executive Officer of Denison Mines Corp. (Denison) from 2009 to 2015.

Mr. Hochstein is a Professional Engineer and holds an MBA from the University of British Columbia and a B.Sc. from the University of Alberta. Mr. Hochstein continues to serve as a director of both Denison and Lundin Gold.