Alliance Resources Ltd. (Alliance) announced that Mr. Stephen Johnston has advised the Board of Directors that he intends to step down as Managing Director ("MD") in order to pursue personal interests. Discussions are well advanced with a suitable replacement candidate. Mr. Johnston will continue as MD until the new MD commences; anticipated to be sometime in November 2019. The Board advised that Mr. Johnston will remain on the Board as a non-executive director. Mr. Johnston has indicated his intention to work with the Board and the new appointee to ensure a smooth transition.