Rhyolite Resources Ltd. reported that its Chief Financial Officer, Cybill Tsung, has resigned her position to pursue other opportunities effective May 5, 2023. Rhyolite will appoint Mr. Quinn Martin as CFO effective May 5, 2023. In the coming weeks, Ms. Tsung will assist with the transition of duties to Mr. Martin, including the completion of Rhyolite's 2022 annual financial statements.

Mr. Martin is a Chartered Professional Accountant (CPA, CA) with over 17 years' experience working with public companies in a variety of sectors. He currently provides CFO services to reporting issuers working in the mineral resource and biotechnology sectors, and also provides financial reporting consultancy services to numerous public companies in varying industries on Canadian Exchanges. Previously, Mr. Martin had spent 8 years working in assurance services for public companies at Davidson & Company LLP, where he was a Principal until his departure in 2018.

He obtained his Bachelor of Business Administration (BBA) degree at Thompson Rivers University in 2005 and received his Chartered Accountant (CPA) designation in 2009. Mr. Martin is currently a Principal at Donaldson Brohman Martin CPA Inc.