REG - Critical Mineral - Directorate Change

Critical Mineral ResourcesAnnouncement

20/12/2023 07:15

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RNS Number : 4396X  Critical Mineral Resources PLC  20 December 2023

20 December 2023

Critical Mineral Resources PLC

('CMR' or the 'Company')

Directorate Change

Critical Mineral Resources plc ('CMR' or the 'Company), the exploration and
development company focused on clean energy metals in Morocco, announces that
Christopher Lambert, Chairman, has left the Board of Directors with immediate
effect.

As the board considers his replacement it is pleased to announce the
appointment of Noureddine Sabraoui, the Company's General Manager, as Chief
Operating Officer with immediate effect. Noureddine has had an extensive
career in the Moroccan mining industry. As a geologist in the region, he has
held a number of senior roles for Moroccan and foreign owned companies
including as general manager for operating mines in the industrial minerals
sector. Noureddine has also run his own geological and mining services
business and he co-founded the Moroccan Association of Mining Companies.

Charles Long, Chief Executive Officer of CMR, commented:

"I am delighted to welcome Noureddine to the Board and look forward to
continuing to work closely with him to execute our strategy. Noureddine is a
highly experienced geologist, mine operator and manager. He possesses
unrivalled knowledge of Morocco's mining industry and its metals trading
opportunities, as well as the high quality project deal-flow that exists in
the country."

** Ends **

 Critical Mineral Resources plc           info@cmrplc.com (mailto:info@cmrplc.com)

 Charles Long, Chief Executive Officer
 Novum Securities                         +44 (0) 20 7399 9425

 Jon Belliss
 Hudson Sandler (Financial PR)            +44 (0) 207 796 4133

 Charlie Jack

Notes To Editors

Critical Mineral Resources (CMR) plc is an exploration and development company
focused on developing assets that produce key commodities essential for
renewable energy, battery storage and electrification to support the clean
energy revolution. These commodities are widely recognised as being at the
start of a supply and demand supercycle.

CMR is building a diversified portfolio of high-quality metals exploration and
development projects in Morocco, focusing on copper, nickel, manganese,
cobalt, and potentially rare earths. CMR identified Morocco as an ideal
mining-friendly jurisdiction that meets its acquisition and operational
criteria. The country is perfectly located to supply raw materials to Europe
and possesses excellent prospective geology, infrastructure and attractive
permitting, tax and royalty conditions. In 2023, the Company acquired an 80%
stake in leading Moroccan exploration and geological services company Atlantic
Research Minerals SARL.

Since taking over the CMR in 2022, management has completed a comprehensive
strategic review and restructuring of the business and implemented its clear
strategy to maximise exploration and resource development opportunities for
the benefit of all stakeholders. The Company is listed on the London Stock
Exchange (CMRS.L). More information regarding the Company can be found at
www.cmrplc.com (http://www.cmrplc.com)

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