Board Appointment

Mila Resources plc ("Mila" or the "Company")

26 March 2019

Board Appointment

Mila Resources plc, the London Stock Exchange listed investment company, is pleased to announce that Mr. Lee Daniels has joined the Board as a Non-Executive Director with immediate effect.

Mr. Daniels is an experienced qualified accountant (Australian Certified Practicing Accountant). He has worked in London over the last two decades and has held senior finance roles with HSBC (Global Markets), Credit Suisse, ABN AMRO (Wholesale Markets) and LTSB(Group) (Distressed Debt Division). He has an established track record in Finance and Accounting, Change Management, Project Evaluation & Financial Modelling. Most recently, in the last few years, he has been working in the Oil and Gas industry for a public E&P company.

Commenting on the new appointment, Mark Stephenson, Director, said: "We are delighted to welcome Lee to the Board, his wealth of experience will be invaluable in helping to identify and execute a suitable investment."

There are no further details in respect of Mr. Lee Daniels to be disclosed pursuant to LR 9.6.11, LR 9.6.12 or LR 9.6.13 of the Listing Rules, FCA Handbook.

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

**ENDS**

For more information visit www.milaresources.com or contact: