Kainantu Resources Ltd. announced that Adam Clode has been appointed as interim Chief Executive Officer of the Company. These appointments fill the vacancies of outgoing Chief Executive Officer and director, Matthew Salthouse, and Chairman and director, Marcus Engelbrecht. With Mr. Clode as Chief Executive Officer of the Company, the Company will focus on managing its costs, allocating the necessary resources towards its business development efforts, securing further financing, and maximizing value for its shareholders.

Adam Clode has a track record of developing resource projects from defined resource through to operations, across Africa, Asia, and Australia. Graduating from the University of Western Australia with Honours; Adam started his career developing a gold asset for Newmont Mining Corporation in Ghana before moving to Site Manager for Equinox's Lumwana Copper Project in Zambia. Taking his career forward, Mr. Clode commenced and completed a master's in project management while concurrently holding the role of Deputy Project Manager developing a Platinum Concentrator in South Africa.

From here, Mr. Clode took on the role of Deputy Project Manager for RWE's £850M Pembroke Power Station in West Wales and later became Manager of Projects for African Minerals' USD $3BTonkolili Iron Development in Sierra Leone, spending considerable time in China with key offtake partners as well as funding institutions across Asia and Europe. As a result of the team's hard work, African Minerals were able to secure over USD $2B in strategic funding. With successful delivery of Tonkolili Phase 1 and shipping of first ore; Mr. Clode then headed off to Indonesia with J Resources to lead the development of their gold portfolio consisting of; two operations, three execution projects, and three assets in exploration.

Mr. Clode's resource experience has covered a broad base across; studies, development, execution, operations, as well as corporate management having sat on several board positions as both Executive and Non-Executive Director.