Announcement PDF RNS Number : 1097A Landore Resources Limited 22 May 2023 LANDORE RESOURCES LIMITED (AIM Ticker: LND.L) UPDATE RE PLANNED BOARD AND MANAGEMENT CHANGES London, United Kingdom - 22 May 2023 - Landore Resources Limited (AIM: LND) ("Landore Resources" or the "Company") is pleased to provide an update in respect of the proposed changes to its Board of Directors and Management as outlined previously in the Company's announcement of 4 May 2023. Charles Wilkinson, Non-Executive Chairman, has informed the board of his intention to retire and will not be standing for re-election at the upcoming Annual General Meeting ("AGM") to be held on 29 June 2023. Huw Salter, currently Non-Executive Director, will assume the role of Non-Executive Chairman of the Company upon conclusion of the AGM. William (Bill) Humphries, Director, has informed the Board of his intention to retire and will not be standing for re-election at the upcoming AGM. Bill will also be relinquishing the positions of Chief Executive Officer (CEO) of the Company, and Chairman/President of the Company's wholly owned subsidiary, Landore Resources Canada Inc. upon conclusion of the upcoming AGM. The Company is in advanced discussions with a potential replacement CEO candidate. Should such discussions not be finalised by the upcoming AGM, Glenn Featherby, currently Director and Chief Financial Officer of the Company, will assume the position of interim Chief Executive Officer upon conclusion of the AGM until the appointment of a permanent replacement CEO has been confirmed. Michele Tuomi, (P.Geo., BSc, Geology), currently Director and Vice President Exploration for Landore Resources Canada Inc. ("LRC"), will be appointed Chief Executive Officer of LRC with effect from 1 June 2023. Michele is a Qualified Person ("QP") as defined in the Canadian National Instrument 43-101, and the AIM Rules for Companies, and has been employed by LRC since 2005 working predominantly on the advancement of Landore's flagship property, Junior Lake. - ENDS For further information, please contact: Landore Resources Limited Bill Humphries, Chief Executive Officer Tel: 07734 681262 Glenn Featherby, Finance Director Tel: 07730 420318 Strand Hanson Limited (Nominated Adviser and Broker) James Dance/Matthew Chandler/Robert Collins Tel: 020 74093494 The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END BOABGGDUUXDDGXB