Galway Metals Inc. announced that Matt Mazzilli has tendered his resignation as a director of the Company. Mr. Jean-Charles Lemardeley has been appointed as a director of the Company to fill the vacancy created by the foregoing resignation. The Company thanks Mr. Mazzilli for his valuable contributions to Galway Metals.

Mr. Lemardeley has over 25 years of experience in financial markets, with a focus on equity and macro research both on the sell-side and buy-side. After starting his career as a market economist at Societe Generale in New York focusing on the US economy, he worked in equity sales focusing on the US energy and financial sectors before moving on to Latin American equity research. Mr. Lemardeley currently leads the global Telecom, Media and Technology sector research effort at Glovista Investments LLC ("Glovista").

Prior to Glovista, he spent 14 years in the Global Equity Research department of JP Morgan in New York and London. Mr. Lemardeley was the Senior Analyst in the Emerging Markets Telecom, Media and Technology sector, focusing on the Latin American and EMEA region. His work has been recognized by Institutional Investor, Extel and Greenwich Associates surveys.

He also has extensive experience in commercial real estate and farming. and acting as lead analyst in many equity raises, including many IPOs, in Latin America, Eastern Europe, the Middle East and Africa. Mr. Lemardeley holds an MBA from l'Ecole des Hautes Etudes Commerciales HEC, Paris, France, and is a Chartered Financial Analyst.