Ora Banda Mining Limited advised that Mr. Keith Jones has announced his decision to retire from the Board of Directors effective 30 September 2022. Mr. Alan Rule has been appointed as an independent Non-executive Director of the Company effective 30 September 2022. Mr. Rule has more than 25 years' experience as the CFO of ASX listed mining companies with operations and projects in Australia, Africa, North and South America across several commodities.

He has also been a Non- executive Director of listed companies since 2016. He is currently a Non-executive Director of Yellow Cake plc, an AIM listed company. Mr. Rule has considerable experience in international debt and equity financing of mining projects, implementation of accounting controls and systems, risk management, governance, and regulatory requirements in mining companies.

In addition, he has wide ranging experience in mergers and acquisitions within the mining industry. Mr. Rule was CFO at Galaxy Resources Limited from 2017 until it was taken over in 2021. His previous positions included CFO of Sundance Resources Limited, Paladin Energy Limited, Mount Gibson Limited and St Barbara Mines Limited.

He is a Chartered Accountant (Fellow) and holds Bachelor of Commerce and Bachelor of Accounting degrees.