Landore Resources Limited announced that in light of the termination of the proposed non-brokered private placement in Canada and postponement of the proposed dual listing on the TSX Venture Exchange, as announced on 8 December 2023, and in order to reduce costs and maximise deployment of cash resources on operational activities, the Company's CEO, Claude Lemasson, has resigned effective immediately. Accordingly, Glenn Featherby has assumed the role of interim CEO. Michele Tuomi will continue as CEO of Landore Resources Canada Inc. and will be responsible for the Company's project operations.

The composition of the Board will be reviewed on a regular basis and it is currently intended to appoint an additional Non-Executive Director with technical expertise to strengthen the Board in due course.