Katoro Gold plc announces, following completion of due diligence, the confirmation of Mr. Patrick Cullen as Interim Chief Executive Officer on the Company's Board. Mr. Cullen is charged with guiding and managing the Company through the next phase in its development including: To drive forward the technical review as announced of the Haneti Project in Tanzania and advancement of that project, held in joint venture with Power Metal Resources plc. To extract value from the Company's business interests and AIM listing for the benefit of all shareholders.

To rapidly advance the review and potential acquisition, subject to AIM rules and requirements, of new opportunities deemed potentially transformational in the critical and precious metals exploration and/or project development environment. Patrick Brendan Cullen, aged 53, Former directorships and/or partnerships (within the last five years): Tertiary Minerals plc; Tertiary Gold Limited; Tertiary Minerals US Inc; Arkle Resources plc (prev. Connemara Mining Company plc); Oldcastle Zinc Limited; Arke Resources Ltd.