Resource Mining : Board Changes

ASX Release

20 June 2022

For personal use only

Appointment of Noel O'Brien as a Director

Highlights

• Noel O'Brien appointed as Non-Executive Technical Director effective today
• Mr O'Brien is currently Non-Executive Director of Galileo Mining (ASX:GAL) and has significant industry experience and technical expertise
• Mr Livingstone to resign as Non-Exec Director of the Company effective today

Nickel exploration company Resource Mining Corporation Limited (ASX:RMI) ("RMC" or the "Company") is pleased to announce the appointment of Noel O'Brien as a Non-Executive Technical Director of the Company with effect from today.

Mr O'Brien is a highly experienced metallurgist and company executive with broad experience across a distinguished career of over 40 years. Mr O'Brien has a depth of technical knowledge across metallurgy as well as processing strategy and analysis.

Mr O'Brien has been a Non-Executive Director of Galileo Mining Limited (ASX:GAL) since December 2017, and during his tenure the company's market capitalisation has increased tenfold. Mr O'Brien also holds a number of advisory roles across other listed and unlisted exploration and mining companies.

Resource Mining Corporation's Executive Chairman, Asimwe Kabunga said:

"I am excited to invite Noel O'Brien to the Board of RMC as he brings a wealth of technical and management experience, including in regions of interest to the Company such as Africa.

"With our recent capital raising completed and with Mr O'Brien's technical expertise on board we look forward to seeing positive results from our recently commenced exploration activities at Kabulanywele, continuing to progress due diligence on the Nickel and Lithium projects in Finland, and completing the 'Massive Nickel' Tanzanian project portfolio acquisition."

Newly appointed Non-Executive Technical Director, Noel O'Brien commented:

"I am delighted to be joining the Board of Resource Mining Corporation at what is a transformational period for the Company as it looks to significantly expand its portfolio of quality Nickel and Lithium projects globally.

"Having been actively involved in exploration and mining for over 40 years, I am very excited to be involved across the Company's project portfolio and help recognise

ASX: RMI

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the shareholder value that the projects offer and see potential for each one to yield high-grade discoveries as we progress."

Separately, the Company notes that Mr Jason Livingstone, a Non-Executive Director of the Company, has resigned effective today. Mr Livingstone will however continue to work with the Company as a consultant geologist for the foreseeable future. The Company thanks Mr Livingstone for his continued service to the Company to date.

Relevant Appendices 3X and 3Z are annexed to this announcement.

This ASX announcement has been authorised for lodgement by the Board of Resource Mining Corporation Limited.

For further information, contact	For investor or media inquiries, contact
Asimwe Kabunga	Sonny Didugu
Executive Chairman	Reign Advisory
P: [phone]	P: [phone]
E: [e-mail]	E: [e-mail]

About Resource Mining Corporation

Resource Mining Corporation Limited (ASX: RMI) is an independent Australian mineral resource company on a mission to create wealth from mineral commodities using innovative technical, marketing and financial skills.

RMC is currently exploring the Kabulwanyele Nickel Project (KNP) in Tanzania, where initial exploration conducted in 2021 was extremely promising, and identified a strong nickel anomaly.

An acquisition of the Massive Nickel Pty Ltd portfolio is currently pending, comprising five projects: Kabanga North, Kapalagulu, and Southern projects: Liparamba, Kitai and Mbinga, all in Tanzania.

The board has strong ties to Tanzania, Chaired by Asimwe Kabunga, a Tanzanian-born Australian entrepreneur who was instrumental in establishing the Tanzania Community of Western Australia Inc. and served as its first President.

ASX: RMI

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Forward Looking Statements

Some of the statements appearing in this announcement may be in the nature of forward looking statements. You should be aware that such statements are only predictions and are subject to inherent risks and uncertainties. Those risks and uncertainties include factors and risks specific to the industries in which the Company operates and proposes to operate as well as general economic conditions, prevailing exchange rates and interest rates and conditions in the financial markets, among other things. Actual events or results may differ materially from the events or results expressed or implied in any forward-looking statement.

No forward looking statement is a guarantee or representation as to future performance or any other future matters, which will be influenced by a number of factors and subject to various uncertainties and contingencies, many of which will be outside the Company's control.

The Company does not undertake any obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today's date or to reflect the occurrence of unanticipated events. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this announcement. To the maximum extent permitted by law, none of the Company's Directors, employees, advisors or agents, nor any other person, accepts any liability for any loss arising from the use of the information contained in this announcement. You are cautioned not to place undue reliance on any forward-looking statement. The forward-looking statements in this announcement reflect views held only as at the date of this announcement.

This announcement is not an offer, invitation or recommendation to subscribe for, or purchase securities by the Company. Nor does this announcement constitute investment or financial product advice (nor tax, accounting or legal advice) and is not intended to be used for the basis of making an investment decision. Investors should obtain their own advice before making any investment decision.

ASX: RMI

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Appendix 3X

Initial Director's Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity	Resource Mining Company Limited
ABN	97 008 045 083

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mr Noel O'Brien
Date of appointment	20 June 2022

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should

be disclosed in this part.

Number & class of securities

Nil.

+ See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1

For personal use only

Appendix 3X

Initial Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest	Number & class of Securities
None.	N/A

Part 3 - Director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should

be disclosed in this part.

Detail of contract	No interest in contracts.
Nature of interest	N/A
Name of registered holder	N/A
(if issued securities)
No. and class of securities to which	N/A
interest relates

+ See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002