DALAROO METALS LTD — Board/Management Information 2024

Jun 20, 2024

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----- Start of picture text ----- ASX ANNOUNCEMENT: ASX: DAL 21 June 2024----- End of picture text -----

Proposed Board Changes

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Dalaroo Metals Ltd ( ASX: DAL , “Dalaroo” or “Company”) wishes to announce that Mr Robert Beeck has advised the board of his intention to resign as a director of the Company to focus on other professional interests. The board, as a consequence, believes that this provides an opportunity to review and renew its composition by proposing the addition of two new directors.

Mr Bilal Ahmad and Mr Joshua Gordon will be invited to join the Company, both as Non-Executive Directors. Dalaroo’s board believes the addition of these two directors’ expertise and knowledge will aid the Company in its current recapitalisation plans. The proposed board changes are to be made on the completion of its recapitalisation plan.

Mr Bilal Ahmad is an accomplished investor with an extensive 15-year track record of strategic investments in ASX-listed companies and private ventures. His focus spans the resources, technology, and life science sectors, where he has consistently deployed capital to support growth and innovation of emerging companies. Mr Ahmad holds a Bachelor of Medicine and a Bachelor of Surgery.

Mr Joshua Gordon is an experienced corporate finance professional who has raised capital for many small and emerging resource and energy companies on the ASX. Mr Gordon is well versed in all facets of the Equity Capital Market transaction lifecycle with deep experience in transaction origination, structuring, execution and distribution. Mr Gordon holds a Bachelor or Commerce (Finance) from Monash University and a Master of Management (Accounting) from the University of Melbourne. Mr Gordon is also a NonExecutive Director of Traka Resources Limited and a Proposed Non-Executive Director of Advance Metals Limited.

Mr Harjinder Kehal, Managing Director, commented “I am delighted that the Company will be inviting two highly qualified directors who can help drive the Company forward with the current board and team. I would like to thank Mr Beeck for his time and effort as a Non-Executive Director and wish him well with his future endeavours.”

ENDS

For more Information:

Please visit our website for more information: www.dalaroometals.com.au

Authorised for release to the ASX by the Board of Dalaroo Metals Ltd.

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