Bond Resources Inc. announced the appointment of Joseph A. Carrabba as President and CEO of the Company. Mr. Carrabba's appointment is the first of a series of events that form part of Bond's proposed transaction to acquire the rights to the Mary K Property in Idaho (see news release of November 15, 2019). Mr. Carrabba is a mining executive with over 42 years of management and operational experience in the resource industry.

He has served on boards of several listed companies including Newmont Mining, Key Bank, Lithium-X and Fura Gems. Mr. Carrabba is currently an active board member on NYSE-listed Timken Steel as well as TSX-listed AECON and NioCorp. Mr. Carrabba's appointment follows the resignation of Ken Sumanik as a director of the Company and the resignation of Robert Eadie as President and CEO. Mr. Eadie remains a director of the Company.