Trail Blazer Terminates Transaction with Good Purpose Investments and Appoints Alnesh Mohan as Chief Executive Officer
Vancouver, British Columbia–(Newsfile Corp. – September 19, 2025) – Trail Blazer Capital Corp. (TSXV: TBLZ.P) (the “Company“) announces that it has elected to terminate the letter of intent (the “Letter of Intent“) previously entered into with Good Purpose Investments Inc. (“GPI“) on April 8, 2024. For further information concerning the Letter of Intent, readers can review the Company’s news release of April 9, 2024.
In connection with termination of the Letter of Intent, the Company has not assumed any contingent liabilities or guarantees. The Company previously advanced a working capital loan to GPI in the principal amount of Cdn$250,000 which remains outstanding. Trading in the common shares of the Company has been halted pending completion of filings for the proposed transaction with the TSX Venture Exchange. The Company intends to request a resumption in trading and will issue a further news release once the effective date for the resumption has been confirmed.
The Company also announces that Alnesh Mohan has been appointed as Chief Executive Officer and Chief Financial Officer of the Company and has joined the board of directors. Mr. Mohan is a Chartered Professional Accountant with over twenty years of advisory experience, specializing in the mining sector. He has extensive expertise in assisting junior resource companies with financial reporting, taxation, and regulatory compliance. Mr. Mohan is a Partner at Quantum Advisory Partners LLP, a professional services firm dedicated to supporting publicly listed companies in meeting their reporting and governance obligations. He holds a Bachelor of Business Administration from Simon Fraser University (1993) and earned his Chartered Accountant designation from the Institute of Chartered Accountants of British Columbia in 1997.
Mr. Mohan fills the vacancies created by Thomas O’Neill and Grace Marosits who have resigned from the Company to focus on other ventures. Mr. Mohan’s appointment remains subject to approval of the TSX Venture Exchange (“TSXV“) in accordance with Exchange Policy 2.4 – Capital Pool Companies. Following his appointment, the board of directors of the Company consists of Alnesh Mohan, Warwick Smith and David Stier.
For further information, contact Alnesh Mohan, Chief Executive Officer, at <alnesh.mohan@quantumllp.com> or 604.677.1766.
On behalf of the Board,
Trail Blazer Capital Corp.
Alnesh Mohan, Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the timing for the resumption of trading and any associated regulatory approvals, the reliability of third party information and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267112