ORE RESOURCES LIMITED — Board/Management Information 2020

Aug 31, 2020

ASX ANNOUNCEMENT

1 September 2020

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Board Changes

Auroch Minerals Limited ( ASX:AOU ) ( Auroch or the Company ) is pleased to announce that Mr Michael Edwards has been appointed as a Non-Executive Director of the Company.

Mr Edwards is a Geologist and Economist with over 20 years’ experience in senior management in both the private and public sector. He spent three years with Barclays Australia in their Corporate Finance department and then eight years as an Exploration and Mine Geologist with companies including Gold Mines of Australia, Eagle Mining and International Mineral Resources.

Mike has worked as a consultant across a range of industries both as a Geologist and Corporate Advisor, predominantly in Australia and Africa. Mike has been involved in numerous ASX listings, raising seed and IPO capital as well as being intimately involved in several reverse take overs across a range of commodities and industries. He is currently an Authorized Representative of Alto Capital, an independent investment and advisory firm based in Perth, Western Australia.

Mr Edwards holds a Bachelor of Business (Economics and Finance) from Curtin University of Technology and a Bachelor of Science (Geology) from the University of Western Australia.

In conjunction with this appointment, Mr Chris Hansen has resigned as Non-Executive Director of the Company to pursue other work commitments. The Company would like to thank Mr Hansen for his efforts and wishes him all the best on his future endeavours.

Auroch Managing Director Aidan Platel commented : “We are delighted Mike has joined Auroch’s board. His wide-ranging experience as a geologist and corporate advisor will be an asset as Auroch continues with aggressive exploration at its Saint and Leinster Nickel Projects in Western Australia.

We would also like to thank Chris for all of his hard work with us and wish him all the best for the future.”

As part of the remuneration for this appointment, Mr Edwards will receive 400,000 performance rights which vest after completing 12 months of service (Class A) and a further 400,000 performance rights which vest after completing 24 months of service (Class B).

This announcement has been authorised by the Board of Directors of the Company.

For further information visit www.aurochminerals.com or contact:

Aidan Platel Managing Director E: aplatel@aurochminerals.com

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Auroch Minerals Ltd ABN 91 148 966 545 Suite 1, 295 Rokeby, Subiaco WA 6008 Phone: +61 8 6555 2950 Fax: +61 8 6166 0261 Email: admin@aurochminerals.com www.aurochminerals.com