Agra Ventures Ltd. announced the resignation of Elise Coppens as Director and Chair of its Board of Directors, effective immediately. As a result of Ms. Coppens' resignation, David Grand has been appointed as Director and Chair of the Board of the Company. Mr. Grand was previously announced as being appointed as the Chief Executive Officer (“CEO”) of AGRA, which became effective on July 1, 2022.

He will continue to maintain that role in addition to becoming Director and Chair of the Company. Ms. Coppens will assist Mr. Grand with the transition into his expanded role and will remain involved with the Company as a consultant, the engagement of which is effective immediately and is for an initial term of one year.