TURNSTONE RESOURCES LTD — Board/Management Information 2023

Aug 15, 2023

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ASX ANNOUNCEMENT 16[th] August 2023

SEAMUS CORNELIUS APPOINTED NON-EXECUTIVE DIRECTOR

South Harz Potash Limited (ASX:SHP) ( South Harz or the Company ) is pleased to advise that Mr Seamus Cornelius has been appointed as a non-executive director with effect from 21[st] August.

Mr Cornelius is the current Executive Chairman of Danakali Limited (ASX:DNK) ( Danakali ), a role he has held since July 2013. Over that time he led the advancement of Danakali’s 50% interest in the Colluli Potash Project in Eritrea including the completion of progressive feasibility studies, environmental impact assessments and regulatory approvals, to its eventual sale to Sichuan Road and Bridge Group Co Ltd in early 2023 for US$166 million in total cash consideration.

Mr Cornelius is a corporate lawyer and former partner of one of Australia’s leading international law firms. He brings extensive legal and commercial experience in the execution of cross-border transactions, particularly in the resources and finance sectors.

Mr Cornelius is currently also the Non-Executive Chairman of Buxton Resources Limited (ASX:BUX), Element 25 Limited (ASX:E25), Duketon Mining Limited (ASX:DKM) and he is a Non-Executive Director of First Tin PLC (LON:1SN).

Commenting on the appointment, South Harz Non-Executive Chairman, Ian Farmer, said:

“I am delighted to welcome Seamus to the South Harz team. His commercial expertise and proven track record in stewarding resource development assets through to successful value realisation will be valuable as we continue to advance our world-class Ohmgebirge Potash Development in central Germany.”

This ASX release has been approved by CEO & Managing Director, Luis da Silva.

Investor and media enquiries

Luis da Silva Michael Vaughan CEO & Managing Director Fivemark Partners South Harz Potash Ltd +61 422 602 720 info@southharzpotash.com michael.vaughan@fivemark.com.au

600.0M Ordinary Shares 67.8M Unlisted Options 46.2M Listed Options

ABN: 64 153 414 852 ASX Code: SHP ASX Code (Options): SHPO Frankfurt Code: A2DWXX

CONTACT DETAILS W: southharzpotash.com E: info@southharzpotash.com P: +61 (0) 408 447 493

U13, 6 – 10 Douro Place West Perth WA 6005

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About South Harz

South Harz Potash (ASX: SHP) ( South Harz ) is a potash exploration and development company with its flagship project located in the South Harz Potash District of Germany, midway between Frankfurt and Berlin.

The South Harz Project hosts a globally large-scale potash JORC (2012) Mineral Resource estimate of 5 billion tonnes at 10.6% K2O of Inferred resources and 258 million tonnes at 13.5% K2O of Indicated Resources across four wholly-owned project areas located favourably within central Europe.[1] This comprises three perpetual potash mining licences, Ohmgebirge, Ebeleben and Mühlhausen-Nohra, and two potash exploration licences, Küllstedt and Gräfentonna, covering a total area of approximately 659km.

With strong established infrastructure proximate to the key European market, the South Harz Project is well positioned to enable rapid economic development across multiple deposits.

South Harz Potash: Growing a responsible potash business in the heart of Germany

www.southharzpotash.com

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1. Refer to South Harz ASX release dated 12 July 2022 for full Mineral Resource estimate details. In accordance with ASX Listing Rule 5.23, the Company is not aware of any new information or data that materially affects the information included in this release, and the Company confirms that, to the best of its knowledge, all material assumptions and technical parameters underpinning the estimates in these releases continue to apply and have not materially changed.