Falco Resources Ltd. — Board/Management Information 2020

Jun 2, 2020

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Persta Resources Inc.

(incorporated under the laws of Alberta with limited liability)

(Stock code: 3395)

CHANGE OF CHAIRMAN OF AUDIT AND RISK COMMITTEE

The board of directors (the ‘‘Board’’) of Persta Resources Inc. (the ‘‘Company’’) announces that, with effect from April 29, 2020, Mr. Peter David Robertson (‘‘Mr. Robertson’’), an independent nonexecutive director of the Company, was appointed as the chairman of the audit and risk committee of the Company (the ‘‘Audit and Risk Committee’’) in place of Mr. Bryan Daniel Pinney (‘‘Mr. Pinney’’), an independent non-executive director of the Company, who continues to be a member of the Audit and Risk Committee.

The Board would like to take this opportunity to thank Mr. Pinney for his contributions to the Company during his tenure of office as the chairman of the Audit and Risk Committee and would like to welcome Mr. Robertson on his new appointment.

By order of the Board Persta Resources Inc. Yongtan Liu Chairman

Calgary, June 2, 2020 Hong Kong, June 2, 2020

As at the date of this announcement, the executive Director is Mr. Yongtan Liu; the non-executive Director is Mr. Yuan Jing; and the independent non-executive Directors are Mr. Richard Dale Orman, Mr. Bryan Daniel Pinney and Mr. Peter David Robertson.