Labrador Iron Mines Holdings Limited announces that D. William (Bill) Hooley, Vice-Chairman and Non-Executive Director of the Company, passed away suddenly on June 7, 2022. Bill was also a Director and Deputy Chairman of LIM's associate company and original parent, Anglesey Mining plc, and served as Anglesey's Chief Executive between 2006 and 2021, during which period he was instrumental in the advancement of Anglesey and its Parys Mountain mine project in Wales, UK. Bill had over fifty years of experience in minerals operations and management in a long and successful career with mining and service companies throughout the world, including extensive experience in Australia, Canada and the UK.

Previously, he was Managing Director of Micon International Ltd. from 2000 to 2005. In addition, he held various management and executive posts with mining and service companies in the UK and Australia from 1975 to 1999.