Appointment of Additional Non-Executive Director

Jangada Mines Plc (AIM: JAN), a Brazil-focused natural resource development company, is pleased to announce the appointment of Hugo de Salis to the Board as a Non-Executive Director with immediate effect.

• de Salis brings over 30 years' experience in financial services. He began his career at Schroders Unit Trust Ltd and then later at J.P. Morgan Investment Management. After a period at Weber Shandwick, he founded St Brides Partners Ltd, advising listed companies on investor relations with a focus on natural resources. He also founded Ragnar Capital Partners LLP, an FCA-regulated corporate finance boutique, and Lepanto Consultancy Ltd, which provides strategic advice to entrepreneurial and small-cap listed businesses.
• de Salis' extensive experience, spanning capital markets, investor relations, and corporate governance, is complemented by a broad network across the investment and advisory community. His appointment strengthens the Board's commercial and market-facing capabilities as the Company advances its Brazilian gold development strategy and unlocks value from its existing portfolio.
• de Salis holds a BA (Hons) in History from the University of Manchester, and obtained the Securities and Futures Authority Registered Representative, Investment Management Certificate, and Series 3 National Commodities Futures Examination qualifications. He has previously served as CF4 and SMF27 Partner, and as CF30 for Ragnar Capital Partners LLP.

Brian McMaster, Chairman of Jangada Mines, commented: "We are delighted to welcome Hugo to the Board at what is an exciting juncture for Jangada Mines. We are at an inflection point and his knowledge of the markets and extensive network in the finance and resource arenas, particularly in the UK, will be invaluable as we build out our gold development strategy in Brazil and deliver value for our shareholders.

"The Paranaíta Gold Project represents an exceptionally compelling opportunity, and with the recent appointment of Paulo Misk as our Brazil-based CEO, we now have the team in place to deliver on our ambitions. Our fully funded exploration campaign is progressing rapidly: we have completed 3,100 metres of trenching, identified multiple mineralised veins with visible gold, and now have two drill rigs operating on site. I look forward to providing regular updates to the market as we build momentum and create value for all stakeholders."

Regulatory Disclosures (Schedule 2(g) of the AIM Rules)

The following details are disclosed regarding Mr. Hugo John de Salis, aged 54:

• de Salis holds 3,333,333 shares in the Company through Lepanto Consultancy Ltd, a vehicle which he owns and controls. As part of his appointment, Mr. de Salis is being issued 6.5 million share options over the Company's share capital, with an exercise price of 1p, an expiry term of 5 years and a vesting period of six months from the point of issue.