Panoro Minerals Ltd. announced the appointment of Michael Malana as Chief Financial Officer effective June 1, 2022. With over 20 years of international experience in financial management, financial reporting and general corporate governance, Mr. Malana has held senior financial executive positions across several industries including natural resources, biotechnology and manufacturing. Mr. Malana holds a Bachelor of Commerce degree from Concordia University in Montreal and is a Chartered Professional Accountant (Certified Management Accountant).

Michael takes over the CFO position from Ms. Shannon Ross as she moves into retirement. Ms. Ross will continue to provide support to Mr. Malana as may be required. Ms. Ross has been with Panoro since October 2014 and has been CFO since May 2016.

The Company is most grateful to Ms. Ross for her years of dedicated leadership, her professionalism and her mentorship.