Pantheon Resources plc announced that Phillip Gobe has informed the Company of his intention to retire and the Board has elected David Hobbs as Chairman, with the intention for him to become Executive Chairman upon execution of an employment agreement. David joined Pantheon's Board in March 2023 with the goal of helping to sharpen the Company's strategic focus and improve communication with investors. As Executive Chairman, he will work with the existing management team to broaden the recognition of the value of the Company's assets and to build on the operational, financial and commercial capabilities of the organization.