Tao Commodities Limited (‘TAO’ or ‘Company’) announced that experienced U.S. based resource company executive, Mr. Anastasios (Taso) Arima, has been appointed as Managing Director of the Company, effective March 1, 2021. Mr. Arima has extensive experience in the development of energy and resource projects in North America, establishing outstanding management teams and high-quality projects, and has raised over AUD 500 million in equity funding over his career. Mr. Arima has been in the United States since 2014 and is based in Charlotte, North Carolina. He is the founder and a Director of Piedmont Lithium Limited. Mr. Arima will lead the Company in continuing to rapidly develop the potential for the Titan Project to become a major source of critical metals in the United States, as well as progressing its Milford base metals project in Utah. In addition, Mr. Arima will bring increased market awareness of the Company with U.S. based retail and institutional investors. Mr. Patrick Glovac will step down from his role of Managing Director and will continue to serve on the Board as Executive Director.