Board Changes and Appointment of New Director

Cornish Lithium, the pioneering mineral exploration and development company announces that Ian Cockerill has stepped down as Independent Non-Executive Chairman of the Company following his appointment as Chief Executive Officer and Executive Director of Endeavour Mining Plc. Jeremy Wrathall, Founder and CEO of the Company will assume the role of Chairman on an interim basis until a replacement independent Non-Executive Chair is appointed. The process of identifying a suitable candidate will commence shortly.

The Cornish Lithium Board is pleased to announce that former Director, Keith Liddell has rejoined the Board as a Non-Executive Director. Alongside his long association with the Company, Keith brings a wealth of knowledge of mineral extraction techniques and management of mineral projects worldwide.

Jeremy Wrathall, Founder, Interim Chairman and CEO of Cornish Lithium said: “Firstly, I would like to thank Ian for his leadership and advice as Chairman over the past two years. During this period, the Company has made significant progress developing its projects and has secured a landmark financing package. On behalf of the Company, I wish Ian every success with his role at Endeavour Mining.

“I am pleased to welcome Keith Liddell back to our Board. Keith’s operational and metallurgical experience will be invaluable as Cornish Lithium commissions the demonstration plant at Trelavour and finalises the process flow sheet for its geothermal projects. I look forward to working with Keith as we develop our exciting portfolio of projects to create value for all our stakeholders.”

Ian Cockerill, Former Non-Executive Chairman of Cornish Lithium said: “Cornish Lithium has made significant progress over the past two years, and I am proud to have played a part in this. The Company is at an exciting stage in its development and, following last summer’s financing, has the balance sheet strength to realise its potential. I look forward to seeing the Company progress as a shareholder and wish the team continued success with the development of its projects.”

About Keith Liddell

Keith Liddell is Chairman of NYSE Listed Lifezone Metals Ltd and is an experienced metallurgical engineer and resource company director. Working since 1981 exclusively in the minerals industry, he has experience in management and ownership of a number of public and private businesses and joint ventures with a variety of participants.

Having been involved in technical and corporate roles, company management, capital raising and stakeholder relationships, Keith has a unique blend of attributes that allow concurrent appreciation of the various social, environmental, commercial and technical components that constitute successful modern resource companies. He has negotiated purchases and sales of assets, joint venture agreements and sales agreements for concentrates and metals. Keith is the inventor of the patented Kell Process for the hydromet recovery of Platinum Group Metals (“PGMs”) from concentrates.

In 1997 Keith was appointed Managing Director of Aquarius Platinum which developed the Kroondal PGM mine under his direction. In 2003 Minerals Securities Ltd, his listed investment company, invested in Sedibelo Platinum Mines Ltd which produces PGMs in South Africa, where he was a director from 2004 until 2023, chairing the Safety, Health, Environmental, Quality and Social License Committee.

Keith has also been involved in exploration for gold, PGMs and nickel in China and Australia, development of an open pit, heap leach copper SX-EW mine in Australia, exploration and production of fluorite in South Africa and Australia. He is a director ASX listed of Tombador Iron Ltd.

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