Aminex PLC announced the following developments and updates regarding the Company's ongoing operations in Tanzania and other corporate matters. Max Williams has elected to step down from his position as CFO and as a Director of Aminex having served over 25 years with the Company in various financial roles. John Arthur will assume the position of CFO but will not have a position on the Board.

John, formerly the Group Financial Controller, has held financial roles in the oil and gas industry for over 15 years and has extensive experience in Africa, specifically sub-Saharan Africa through previous senior held financial roles in Seven Energy International. Max has worked with John over recent months to ensure an orderly transition.