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DREADNOUGHT RESOURCES LTD Board/Management Information 2022

Nov 9, 2022

64785_rns_2022-11-09_1fbdfdfc-3f77-4c72-8eb3-9acf8725788d.pdf

Board/Management Information

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10 November 2022

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BOARD CHANGES

Dreadnought Resources Limited ( ASX: DRE ) (“ Dreadnought ” or “the Company”) advises that after five years of service, Ian Gordon has decided to step down as a non-executive director at the Annual General Meeting of the Company effective 30 November 2022.

Ian was instrumental in the acquisition of the Tarraji-Yampi Ni-Cu-PGE project that provided a platform for what Dreadnought has become today. Ian has also been invaluable in many areas including strategy, commercial negotiations and community engagement.

Dreadnought’s Chairman Paul Chapman commented: “Ian joined the Board in December 2017 at a time when the Company was struggling for direction and had a market capitalisation of $2m. The market capitalisation of the Company today is ~$300m. On behalf of the Company, I wish to express our appreciation to Ian for his advice and guidance during his time as a director”.

Following Ian’s resignation, directors will control 13.3% of Dreadnought and will have invested a total of ~$3.1m and remain strongly aligned with all shareholders.

Ends

For further information please contact: Dean Tuck Managing Director Dreadnought Resources Limited E:[email protected]

Jessamyn Lyons Company Secretary Dreadnought Resources Limited E:[email protected]

Dreadnought Resources Limited Unit 1, 4 Burgay Court, Osborne Park WA 6017 PO Box 646, West Perth WA 6872

www.dreadnoughtresources.com.au [email protected]

+61 8 9473 8345