Xtract Regulatory News (XTR)

For immediate release

23 July 2020

Xtract Resources Plc

("Xtract" or the "Company")

Board appointment

The Board of Xtract Resources Plc ("Xtract" or the "Company") is pleased to announce the appointment of Mr Alastair Ford as a Non-executive Director with immediate effect.

Colin Bird, Executive Chairman said "I am very pleased to welcome Alastair to the Board of Xtract Resources Plc. Alastair has a wide experience of the resource industry from a journalistic and conference management prospective. In gaining that experience, Alastair has met many company officers and reviewed projects from all world. His all-round general resource experience will be an asset to the Company and will provide a balanced view on our activities both current and proposed."

Alastair Ford has spent most of his career as a mining specialist. He began his career as a journalist on the Investors' Chronicle where he was the mining correspondent and was subsequently editor of Minesite.com until 2013. From 2010-2011 Mr Ford served as a non-executive director at Mineral & Financial Investments PLC (formerly known as Hameldon Resources Limited). Mr Ford re-joined Mineral & Financial Investments PLC in July 2012, as Chief Investment Officer and Executive Director, a position he held until 2017. Mr Ford is currently a Mining Affairs Consultant for ProactiveInvestors.com, and a non-executive director at Great Western Mining Corporation PLC.

As required under Schedule Two, paragraph (g) (i)-(viii) of the AIM Rules for Companies further disclosures on Mr. Ford are as follows.

Mr Alastair John Ford, aged 49, has held the following directorships and/or partnerships in the past five years:

Mr Ford holds no ordinary shares in the Company. There is no further information on Mr Ford required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for Companies.

Further details are available from the Company's website which details the company's project portfolio as well as a copy of this announcement: www.xtractresources.com 

This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014 on market abuse. The person who arranged for the release of this announcement on behalf of the Company was Joel Silberstein, Director.

Enquiries:

ENDS