Future Metals NL announced strategic Board changes in line with the continued development of the Panton PGM-Ni-Cr Project (Project) and overall growth of the Company. Mr. Jardee Kininmonth has resigned as a Director of the Company with immediate effect but has agreed to continue to assist with his current duties as CEO, as required, for a transition period until 31 May 2024. Mr. Sam Rodda joins the Company as Non-Executive Director, effective immediately.

Jardee has played a critical role in directing the Company's overall strategy and demonstrating the significant value of the Panton Project. This is highlighted by the successful delivery of the upgraded JORC 2012 Mineral Resource Estimate (MRE), the subsequent delivery of the Panton Scoping Study, and significantly expanding the Company's strategic exploration position in a highly prospective region. Sam Rodda's appointment to the Board of Future Metals provides additional capacity and competence in the planned development of future operations at Panton.

Sam has broad experience within technical and commercial roles within the mining industry. Notably, Sam was previously Managing Director of the ASX listed PGM developer Podium Minerals Limited. Sam has also held significant operational roles at number of large underground and open pit mining operations in Australia and internationally, including at MMG limited, where he held the position of General Manager Operations and Technical Excellence.

Sam has also held senior roles within WMC and BHP Billiton.