NEWS RELEASE
Contact: LODE (Switzerland) AG Ray Torresan +33 06 75 88 95 63 rayt@lode.one Release Date: May 23, 2023
FOR IMMEDIATE RELEASE Financier Richard Groome and Retired T. Rowe Price Senior Executive R. Todd Ruppert Join LODE (Switzerland) AG Groome becomes CEO of mining subsidiary, Ruppert joins Advisory Team BRADENTON, FLORIDA – Veteran Canadian financier Richard Groome has been appointed CEO of the newly founded LODE Mining Corporation, a wholly owned subsidiary of LODE (Switzerland) AG, effective immediately. He is backed up by a world-class team, including R. Todd Ruppert, who recently joined the LODE (Switzerland) AG advisory team that will work with Mr. Groome. LODE is a digital monetary system making physical silver and gold globally accessible for spending, saving, and trading. The mining group will be responsible for creating a secure supply of gold and silver to create asset-backed tokens. LODE Mining has been formed to support smaller miners in Mexico, providing much-needed capital and technology, while creating a new, highly efficient supply chain for silver and gold production in Mexico. “After conducting research and spending significant time in Mexico visiting small mining operations first-hand, I was astounded by how much value can be created through simple upgrades and improved processes,” said Groome. “This will drive value for our shareholders, and it will also create more prosperity for the small mining communities in Mexico. It’s win-win.” Mr. Groome has successfully started two leading securities firms from scratch and completed over 600 financings, raising over $4 billion. He has also sat on over 30 boards, providing valuable insights and guidance to emerging growth companies. In addition to heading up LODE Mining, Mr. Groome will play a key role in LODE (Switzerland) AG's strategy to rollout out the LODE monetary system internationally.