ARDEA RESOURCES LIMITED — Board/Management Information 2020

Jul 2, 2020

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Board Changes

ASX & Media Release

3 July 2020

Ardea Resources Limited (“Ardea” or the “Company”) wishes to advise that due to increasing executive commitments, Mr Wayne Bramwell has today provided the Board with his resignation from his position as a Non-Executive Director.

ASX Symbol

ARL

Ardea Non-Executive Chair Ms Katina Law said:

Ardea Resources Limited

Suite 2 / 45 Ord St West Perth WA 6005

“On behalf of the Board I would like to thank Wayne for his contribution over the last two and a half years as a director of Ardea Resources.”

PO Box 1433 West Perth WA 6872

The Board of Ardea would like to wish Wayne all the best in his future endeavours.”

Telephone

+61 8 6244 5136

Email

ardea@ardearesources.com.au

Website

www.ardearesources.com.au

Directors

Katina Law Non-Executive Chair

Andrew Penkethman Managing Director & CEO

Ian Buchhorn Technical Executive Director

Executive Management

Sam Middlemas Company Secretary & CFO

Matt Painter General Manager Exploration

Issued Capital

Fully Paid Ordinary Shares 117,300,435

Directors/Employee Performance Rights 4,476,000

ABN 30 614 289 342

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About Ardea Resources

Ardea Resources (ASX:ARL) is an ASX-listed resources company, with a large portfolio of 100% controlled West Australian-based projects, focussed on:

• Development of the Goongarrie Nickel Cobalt Project, which is part of the Kalgoorlie Nickel Project, a globally significant series of nickel-cobalt deposits which host the largest nickel-cobalt resource in the developed world, coincidentally located as a cover sequence overlying fertile orogenic gold targets; and

• Advanced-stage exploration within its 5,100km[2] WA nickel sulphide and gold tenure located on crustal-scale structures in lake settings within the Eastern Goldfields world-class nickel-gold province.

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----- Start of picture text ----- Multiple targets defined and beingsystematically exploredArdea controls over 5,100km [2]of tenure in Western AustraliaTarget review currentAustralia’s premier nickel-cobaltproject----- End of picture text -----

For further information regarding Ardea, please visit www.ardearesources.com.au or contact:

Andrew Penkethman

Managing Director and Chief Executive Officer, Ardea Resources Limited

Tel +61 8 6244 5136 Email: ardea@ardearesources.com.au

Follow Ardea on social media

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