Regulus Resources Inc. announced that Adam Burley has been appointed to the Board of Directors, subject To Approve the TSX Venture Exchange. Adam is joining the board as the nominee from Nuton, a Rio Tinto Venture, connected with the strategic investment into the Company announced December 22, 2022. Adam Burley is currently the CEO &President of Nuton, a Rio Tinto technology venture and a critical component of Rio Tinto's copper growth strategy and decarbonisation goal.

Adam began his career at Rio Tinto more than 20 years ago as an exploration geologist after earning a Master's degree in geology from the University of Southampton in the United Kingdom. From that start, Adam has held leadership roles at Rio Tinto across the globe ' Africa, Europe, and the Americas ' as well as across Rio Tinto's business -- as the Exploration Manager for West Africa and later for Central Africa, President of the former Rio Tinto Eagle Mine in the US, and Chile Country Head.Adding to Adam's on-the-ground experience, he also has acquired extensive expertise in resource-sector growth, business development, strategy, and partnership management through serving as General Manager, Strategy for Rio Tinto Copper, Chief Development Officer (Acting) for Copper and Diamonds, Chief Advisor of Mergers and Acquisitions for Rio Tinto and now in his current role with Nuton. Adam'scontributions to the industry extend beyond his work at Rio Tinto.

Adam has served on the boards of Michigan Chamber of Commerce, Consejo Minero of Chile, Bougainville Copper Limited (ASX) and Minera Escondida Limitada, Chile. The Company advises that Raymond Jannas has stepped down as non-executive director of the Company. Raymond has been a director of the Company since 2014 and the Company thanks him for his valuable contributions.