Anglesey Mining plc announced that Jonathan (Jo) Battershill has informed the Board of his resignation as Chief Executive Officer of the Company in order to take up a position as Managing Director of Silver Mines Limited, in which he is currently a Non-Executive Director, effective January 1, 2024. Jo has agreed to remain in his role as CEO until 31 December 2023 to manage the current work programs and to assist with the smooth transition to a new CEO. Jo will also continue on the Board of the Anglesey Mining plc as a Non-Executive Director thereafter.

Mr. Battershill's appointment follows a decision made by the current Managing Director, Mr. Anthony McClure, to notify the Board of his intention to retire at the end of this calendar 2023. Mr. McClure has served as the Managing Director of the Company since the Company's recapitlisation and acquisition of the Bowdens Silver Project in 2016 and has indicated that as the Company transitions into a mid-tier mining company, now is the ideal time for new leadership. Mr. Battershill has a Bachelor of Engineering (Geology) (Hons) from the Camborne School of Mines, United Kingdom and a highly-successful career spanning more than 25 years in mining, business development and finance both in Australia and internationally.

His industry experience includes senior operational and business development roles with WMC Resources Limited (Western Mining) as well as significant financial experience at Citigroup, UBS and Canaccord both in Sydney and London. Mr. Battershill was consistently voted one of the leading financial mining analysts in Australia between 2009 and 2015 by institutional investors. Mr. Battershill has been a non-executive director of Silver Mines since 2017.

Mr. McClure will continue as Managing Director until 31st December 2023, and has agreed to be engaged by the Company in a consultancy role and will remain available to advise the Company with the preparations for the transition in to mine development.