Confirmation of Board Appointments

30 August 2024

Strategic Minerals plc

("Strategic Minerals", "SML" or the "Company")

Confirmation of Board Changes

Strategic Minerals plc (AIM: SML; USOTC: SMCDY), a producing mineral company, is pleased to update shareholders that further to its announcement of 19 August 2024, both Mr Charles Manners and Mr Mark Burnett will join the Board of SML effective 1 September 2024. Further, it is intended that Mr Charles Manners will be elected Chairman at the next Company Board meeting to be held in the first half of September 2024.

John Peters, Managing Director of Strategic Minerals Plc, said:

"We look forward to working with both Mark and Charles and the diversity and insights these seasoned investors will bring to the Board."

The following information is disclosed pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies.

Mr Charles Patrick Ralph Sandys Manners, aged 60, currently holds or has held the following directorships and partnerships in the last five years:

Mr Manners is the beneficial holder of 97,353,191 ordinary shares of 0.1 pence each in the Company.

Mr Mark Robert Burnett, aged 36, currently holds or has held the following directorships and partnerships in the last five years:

Mr Burnett does not hold any ordinary shares of 0.1 pence each in the Company. Mr Burnett represents Mr Philip Richards who holds 81,000,000 ordinary shares of 0.1 pence each in the Company.

Notes to Editors

Strategic Minerals plc:                                                                https://www.strategicminerals.net

Strategic Minerals plc is an AIM-quoted, profitable operating minerals company actively developing projects tailored to materials expected to benefit from strong demand in the future. It has an operation in the United States of America along with development projects in the UK and Australia. The Company is focused on utilising its operating cash flows, along with capital raisings, to develop high quality projects aimed at supplying the metals and minerals likely to be highly demanded in the future.

In September 2011, Strategic Minerals acquired the distribution rights to the Cobre magnetite tailings dam project in New Mexico, USA, a cash-generating asset, which it brought into production in 2012 and which continues to provide a revenue stream for the Company. This operating revenue stream is utilised to cover company overheads and invest in development projects aimed at supplying the metals and minerals likely to be highly demanded in the future.

Since June 2020, the Company has been a 100% owner of Cornwall Resources Limited (CRL) having been involved in the project since early 2016. CRL is the developer of the Redmoor Tin/Tungsten project in Cornwall, UK. Exploration drilling programs were undertaken in 2017 & 2018 resulting in subsequent upgraded resource definitions & a scoping study in 2020. In April 2024, CRL gained access to substantial additional exploration rights in the prospective Tamar Valley area, quadrupling its overall mineral rights footprint.

In March 2018, the Company completed the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia and brought the project temporarily into production in April 2019. In July 2021, the project was granted a conditional approval by the South Australian Government for a Program for Environmental Protection and Rehabilitation (PEPR) in relation to mining of its Paltridge North deposit and processing at the Mountain of Light installation. In late June 2022, an updated PEPR, addressing the conditions associated with the July 2021 approval, was approved.