SIMEC Atlantis Energy Regulatory News (SAE)

14 January 2016

ATLANTIS RESOURCES LIMITED

("Atlantis" or the "Company")

Senior Management Appointment

Atlantis, a global leader in the tidal power sector, is pleased to announce the appointment of Cameron Smith, as Director of Project Development.

Cameron has joined Atlantis' new Executive Management Group based at its corporate headquarters in Scotland and will report directly to the Chief Executive Officer. He will have responsibility for the development of the entire Atlantis portfolio including the next phase of MeyGen, the recently announced Sound of Islay project and Atlantis' interests in Canada and Asia. He will also be responsible for looking for new project development opportunities with a global remit.

He was previously the Chief Operating Officer (offshore) of Mainstream Renewable Power, a global wind and solar company, where he held a variety of roles from 2008. Of particular relevance to his new role at Atlantis, Cameron had full commercial responsibility for the safe and efficient operation of all of Mainstream's offshore business. Cameron moved to Mainstream Renewable Power from Airtricity, where he held the role of Development Manager. He is a chartered Electrical Engineer with a background in marine electrical contracting, shipbuilding and utility asset management and is passionate about renewable energy and the economic opportunities it can provide. He is currently on the board of Scottish Renewables.

Tim Cornelius, CEO of Atlantis, commented:

"Cameron is a well-respected, high profile industry figurehead and a quality individual. I am delighted to welcome Cameron to the Atlantis team. He has a history of successful project development and an unrivalled pedigree of operational experience, insight and knowledge of the renewable energy and power generation sectors in the UK. Cameron will be a huge asset at a truly exciting juncture in Atlantis' development. As a key member of the Executive Management Group, based in Edinburgh, he will be crucial in helping to drive the development of the MeyGen and Sound of Islay projects and increase the Company's wider project development portfolio."

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