Critical Resources Limited announced the appointment of a highly experienced lithium-focused executive, Mr. Alex Cheeseman as the Company's new Managing Director, effective 10 October 2022. The appointment of Mr. Cheeseman, who has held the role of Non-Executive Director at the Company since January 2022, follows a wide-ranging and thorough global executive search process initiated in July 2022. Mr. Cheeseman was selected due to his exceptional lithium industry experience, his proven leadership skills and his clear vision and plan to take Critical Resources from explorer through to producer.

At Altura Mining, Mr. Cheeseman held a key role in the delivery of the Altura lithium mine and processing plant, commencing at the start of bulk earthworks in early 2017, through to declaration of commercial production in 2019. Mr. Cheeseman became responsible for marketing and export logistics, developing and extensive network throughout the lithium supply chain. During a challenging period for the lithium industry, he worked alongside the Chief Executive Officers' of Pilbara Minerals and Galaxy Resources to lobby and be awarded royalty relief form the Western Australian state Government.

In early 2021, Mr. Cheeseman provided supply chain strategy and advisory services to both Rocktech Lithium and Green Lithium Refining Limited, and pre-IPO due diligence support to what is now Green Technology Metals. Since April 2021 Mr. Cheeseman has held the position as CEO at Morella Corporation.