Pegmatite One Lithium and Gold Corp. announced that the board of directors of the Company accepted the voluntary resignation of Mr. Ross Mitgang as the Company's Chief Executive Officer. Mr. Mitgang will stay on as a director of the Company.

Effective April 5, 2023, the Company appointed Mr. Kelly Abbott as the new Chief Executive Officer of the Company. Mr. Abbott has over 15 years of experience in entrepreneurship and has founded multiple companies ranging in size and industry. Mr. Abbott has extensive experience in public markets and has helped secure millions of dollars in capital in private and public ventures.

Mr. Abbott's expertise is in marketing, corporate strategy, venture capital and business development. He previously oversaw the corporate development function of various private and public companies within the mining and resource, technology, cannabis and psychedelic sectors.