American West Metals Limited advised that highly experienced resources executive Dan Lougher will join the Board of Directors from 9 November 2022, as a Non-Executive Director initially, and then commence as Non-Executive Chairman from 1 February 2023. In a distinguished career spanning 40 years, Dan has established industry leading credentials for the development and operation of large-scale mining assets in the base and precious metals sector. He has successfully built multiple mines, managing all facets of project development from resource definition, feasibility studies, project financing, mine construction and the negotiation of off-take contracts.

Dan joined Western Areas in 2006 and occupied the roles of General Manager, Operations and Projects, followed by an appointment to the Board as Executive Director - Operations and rising to the position of Managing Director and Chief Executive - a role he occupied from 2012 until the takeover of Western Areas by IGO in 2022. At Western Areas, he managed the construction of the Flying Fox mine and Cosmic Boy concentrator - an operation that is still delivering 17 years after being commissioned. He also led the feasibility activities for the Spotted Quoll open pit and underground mine, as well as construction of that mine and all associated infrastructure.

In 2015, he initiated another growth phase for Western Areas with the strategic acquisition of the Cosmos Nickel Operations. Mr. Lougher negotiated market-leading off-take sale arrangements for Western Areas including the development of a full logistical chain for the sale of offtake to domestic and international buyers. Mr. Lougher is a Fellow of the Australasian Institute of Mining and Metallurgy.

He holds a B.Sc. (Honours) Mining Geology from the University of Leicester, a Graduate Diploma in Engineering (Mining) from the University of the Witwatersrand and a Master of Science in Engineering from the University of the Witwatersrand. He is currently a Non-Executive Director of Perseus Mining Limited with the roles of Chair of the Technical Committee and Chair of the Nomination Committee.

John Prineas will assume the role of Non-Executive Director following Mr. Lougher's appointment as Non-Executive Chairman on 1 February 2023.