Metals Exploration Regulatory News (MTL)

5 Feb 2019

METALS EXPLORATION PLC

Metals Exploration plc (AIM: MTL) ("Metals Exploration" or the "Company"), the natural resources exploration and development company with assets in the Pacific Rim region.

Appointment of Non-Executive Director

The Company is pleased to announce the appointment of Mr Andrew Stancliffe (age 41) as a non-executive director effective immediately. Mr Stancliffe has been nominated as a director by MTL (Luxembourg) Sarl Pte Ltd ("MTL Luxembourg") in accordance with the Subscription and Shareholders' Agreement which completed on 5 April 2011, and a deed of adherence signed by MTL (Luxembourg) Sarl Pte Ltd dated 27 August 2014.

Mr Stancliffe's appointment is in replacement to Lucian Eduardo Simovici, MTL Luxembourg's previous nominated director, whose resignation is effective immediately. Mr Simovici has been a valued member of the board since his appointment on 19 January 2015. The board would like to express its appreciation to him for his contribution over the last 4 years and wishes him all the very best in his future endeavours.

Mr Stancliffe is currently a director of Capital Financial Markets Limited. He holds no shares, warrants, options or any other financial instruments in the Company.

Save as disclosed above, there are no further disclosures required to be made in respect of the appointment under Schedule 2(g) or Rule 17 of the AIM Rules for Companies.

For further information please visit or contact www.metalsexploration.com