Pathfinder Minerals Regulatory News (PFP)

10 August 2018

Pathfinder Minerals plc

("Pathfinder" or the "Company")

Appointment of Nominated Adviser & Broker

and

Board Changes

Pathfinder announces the appointment of Strand Hanson Limited as Nominated & Financial Adviser and Broker to the Company with immediate effect.

Pathfinder also announces the appointment to the board, with immediate effect, of Simon Farrell and Scott Richardson Brown as Non-Executive Co-Chairman and Non-Executive Director respectively.

Mr Farrell is a mining entrepreneur who has held a number of senior management and board positions, principally within the natural resources sector, over the past 30 years. Mr Farrell was, between 2000 and 2013, a non-executive director of Kenmare Resources plc, which operates the Moma Titanium Minerals Mine on the north east coast of Mozambique and is listed on the Main Market of the London Stock Exchange. He is also Non-Executive Chairman of Global Resource Investment Trust plc. Mr Farrell has a Bachelor of Commerce degree from the University of Western Australia and an MBA from the Wharton School of the University of Pennsylvania.

Mr Richardson Brown is a Fellow of the Institute of Chartered Accountants in England and Wales with experience working with AIM, FTSE 250 and FTSE 100 companies. Beginning his career at Coopers & Lybrand (later PricewaterhouseCoopers) in the banking and capital markets division, he later became a partner in the corporate broking/finance division of Oriel Securities Limited covering a range of sectors. Since leaving Oriel Securities Limited, Mr Richardson Brown has held a number of directorships of AIM-quoted companies operating within the natural resources sector.

As announced by the Company on 9 May 2018, following the abovementioned appointments, Nick Trew has moved to the role of Executive Director; and Robert Easby, Finance Director, has stepped down from the board with immediate effect, but will continue as Company Secretary and to oversee the finance function of the Company. In addition, Blair Sergeant has been appointed to an operating role, reporting directly to the board.

Further information in relation to the appointments of Mr Farrell and Mr Richardson Brown pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies appears below.

Enquiries:

Pathfinder Minerals Plc

Nick Trew, Executive Director

Tel. +44 (0)20 3440 7775

Strand Hanson Limited (Nominated & Financial Adviser and Broker)

James Spinney / Ritchie Balmer / Jack Botros

Tel. +44 (0)20 7409 3494

Vigo Communications (Public Relations)

Ben Simons or Kate Rogucheva

Tel. +44 (0)20 7390 0234

Email. pathfinderminerals@vigocomms.com

Additional Information on Mr Farrell and Mr Richardson Brown

The following additional information is provided in accordance with paragraph (g) of Schedule Two to the AIM Rules for Companies:

Simon James Farrell (aged 67)

Mr Farrell was a director of Valiant Consolidated Limited (now named Consolidated Minerals Limited) when the company entered into a Voluntary Administration in 1998.

Mr Farrell was a director of Tank Systems Australia Pty Ltd when the company entered into a Creditors' Voluntary Liquidation in 1992.

Scott James Richardson Brown (aged 42)

Neither Mr Farrell nor Mr Richardson Brown holds any interest in the Company's ordinary shares.

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two of the AIM Rules for Companies.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.