Moranda Metals Adds Additional Depth to Board of Directors

(30 April 2025, Vancouver) Moranda Metals Ltd. ("Moranda Metals" or "the Company") is pleased to announce the appointment of Juanita Montalvo as a Director.

Juanita brings over 25 years of governance, executive leadership, operations, and investment experience across the mining, energy, and agriculture sectors in Latin America and Africa. She is a Managing Partner at Privus Capital Inc., focused on private equity and strategic corporate investments, and serves as an Independent Director of First Quantum Minerals and Dundee Precious Metals. She is also Chair of Wildlife Conservation Society Canada and a founding member of the Women for Nature initiative of Nature Canada, reflecting her long-standing engagement in responsible resource development and environmental stewardship.

Juanita previously held senior leadership roles at Sherritt International, including as Country Manager in Madagascar during the construction of the US$7 billion Ambatovy Joint Venture with Sumitomo, KORES, and SNC-Lavalin, and as Senior Vice President, Corporate Affairs and Sustainability. She brings deep expertise in international operations, risk oversight, and joint venture management.

Matthew Rowlinson, Co-Founder and Chair, commented:

"I am very pleased to welcome Juanita as a Director of Moranda Metals. Her combination of operational leadership, governance expertise, and commitment to environmental stewardship aligns closely with our Company’s core pillars. I am confident Juanita will add significant value to the Company as we continue to grow."

Christopher Kololian, Co-Founder and Chief Executive, commented:

"Juanita’s experience navigating complex international operations and partnerships will be instrumental as we pursue our strategy to drive significant value for all stakeholders through our steadfast commitment to responsible mining practices. I look forward to working with Juanita as part of our growing, world-class team.”

Juanita holds a Bachelor of Science in Biology and Biochemistry, a Bachelor of Arts in International Development Studies, and a Master of Development Economics, all from Dalhousie University. She is also part of McKinsey’s LGBTQ Leadership Master Class Alumni and holds the ICD.D designation from the Institute of Corporate Directors and Rotman School of Management.