UFO Alien Metals Limited

TIDMUFO

RNS Number : 3850L

Alien Metals Limited

30 December 2022

Trading Symbols

AIM: UFO FWB: I3A1

30(th) December 2022

Alien Metals Ltd

("Alien Metals" or "the Company")

Senior Management changes

The Company hereby announces that on 31st December 2022 Bill Brodie Good will step down as non-board CEO of the Company. The Board would like to thank Bill for his work with the Company since 2019 and the development he has overseen with the existing team, including Mr. Troy Whittaker, currently CEO of the Company's wholly owned subsidiary IOCA, who will assume Bill's duties .

Rod McIllree, Executive Chairman of Alien Metals, commented:

"On behalf of the Board, I would like to thank Bill for his commitment to Alien Metals and wish him the best for the future. As the Company enters into a new chapter in its evolution, we look forward to updating stakeholders of these developments in due course."

For further information please visit the Company's website at www.alienmetals.uk , or contact:

Beaumont Cornish Limited (Nomad)

James Biddle / Roland Cornish

www.beaumontcornish.com

Tel: +44 (0) 207 628 3396

WH Ireland Ltd

Harry Ansell / Katy Mitchell

Tel +44 (0) 207 220 1666

BlytheRay (Financial PR)

Megan Ray / Said Izagaren

Tel: +44 (0) 20 7138 3204

Notes to Editors

Alien Metals Ltd is a mining exploration and development Company listed on the AIM market of the London Stock Exchange (LSE: UFO). The Company's focus is on delivering a profitable, long life direct shipping iron ore operation based out of the Pilbara in Western Australia. In 2019, the Company acquired 51% of the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore projects and in December 2022 moved to 90% legal and beneficial ownership. The Company also acquired 100% the Vivash Gorge Iron Ore project in the west Pilbara in July 2022.

The Company acquired 100% of the Elizabeth Hill Silver Project, which consists of the Elizabeth Hill Historic Silver Mine Mining Lease and the 115km2 exploration tenement around the mine.

In March 2022 the Company acquired 100% of the former joint venture interest in the Munni Munni Platinum Group Metals and Gold Project in the West Pilbara, Western Australia, one of Australia's major underexplored PGE and base metals projects. Munni Munni holds a historic deposit containing 2.2Moz 4E PGM: Palladium, Platinum, Gold, Rhodium.

The Company also holds silver, copper and base metal projects in Mexico however is currently looking at the best way to divest these for the benefit of shareholders.

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(END) Dow Jones Newswires

December 30, 2022 07:52 ET (12:52 GMT)

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