Alkane Resources Ltd. advised that as of 10 February 2020 Mr. David Woodall will be appointed as Managing Director of Australian Strategic Materials Ltd. ­ a wholly owned subsidiary of Alkane. Mr. Woodall will be responsible for operations, marketing, product development and external relations of Australian Strategic Materials. He will also oversee Australian Strategic Material's joint venture with South Korea's Zirconium Technology Corporation (Ziron Tech) as well as the operation of the Toongi Pastoral Company, an agribusiness that manages the farmland at the Dubbo Project. Mr. Woodall is a mining engineer and graduate of Curtin University with a Masters of Science in Mineral Economics and Graduate Diploma in Business. He has over 30 years' experience in senior corporate and executive roles in the mining industry in Australia, Fiji, Central Asia, Indonesia, China, PNG and North America.