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Resignation of Director

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Director Quinton van der Burgh resigned with immediate effect; new director appointments planned.

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NEO Energy, the near-term, low-cost uranium developer, announces that Mr Quinton van der Burgh has resigned from the Board of Directors with immediate effect.

The Board wishes to thank Mr van der Burgh for his contributions to the Company and wishes him well in his future endeavours.

The Company does not intend to appoint a replacement director at this stage, given the advanced stage of a number of key uranium acquisitions in South Africa, under which a number of new appointments to its Board of Directors is planned.

Theo Botoulas, CEO of Neo Energy Metals, said:

"On behalf of the Board, I would like to sincerely thank Quinton for his support and contributions during his time with Neo Energy Metals. His insights and experience have been valuable to the Company as we continue to position ourselves within the uranium sector. We wish him every success in his future endeavours.

We look forward to strengthening the Board with the appointment of a number of new directors as we look to finalise the regulatory and financing aspects of a number of major uranium project acquisitions in South Africa this current quarter".

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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