Mitre Mining Corporation Limited announced that highly-regarded mining executive Ray Shorrocks has been appointed as Interim Executive Director of the Company, effective 1 April 2023. This follows the key appointments of Steve Parsons and Michael Naylor as consultants of Mitre. The trio, who have worked together to create significant value in several companies, including Bellevue Gold Limited, will use their skills, experience and networks to drive growth from Mitre's existing assets and examine M&A opportunities.

Mr. Shorrocks has 30 years' experience in corporate finance and advised a diverse range of mining companies during his career at one of Australia's investment banking and full-service stockbroking and financial services firms. He has been instrumental in managing and structuring equity capital raisings and has advised extensively in mergers and acquisitions. As part of the Board changes, Clinton Carey has stepped down as Managing Director and CEO for personal reasons, but will remain involved in the Company as a Non-Executive Director, effective 1 April 2023.