Vimy Resources Limited appointed Mr. Steven Michael to the position of Managing Director. Mr. Michael has served as the Company's Interim CEO since August 2021 and was instrumental in achieving substantial commencement of the Mulga Rock Project (MRP). Mr. Michael joined the Vimy Board as an Executive Director in November 2021. Mr. Michael has over 25 years' experience in the global resources sector, specialising in corporate finance and
equity capital markets and was a Managing Director at FTI Consulting, an independent global business advisory firm, where he specialised in business transformation for mining companies. Prior to joining FTI Consulting, Mr. Michael spent nine years as Managing Director of an ASX-listed exploration company with a portfolio of assets in Australia and Africa. He has previously worked in the natural resources divisions of Macquarie Bank, Rothschild & Co and Royal Bank of Canada, in global mining equities research and sales, corporate finance and investment banking.