Announcement PDF RNS Number : 6995K Alba Mineral Resources PLC 09 May 2022 Alba Mineral Resources plc ("Alba" or the "Company") Investee Company Update: GreenRoc Mining plc Alba Mineral Resources plc (AIM: ALBA) notes the announcement today by its portfolio company, GreenRoc Mining plc ("GreenRoc") (AIM: GROC), in which Alba holds a 54% majority interest. The announcement by GreenRoc is set out below without material changes: GreenRoc Mining plc ("GreenRoc" or the "Company") Board Change GreenRoc Mining Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, announces that Kirk Adams, CEO, has tendered his resignation from the Board. Mr Adams is stepping down for personal reasons. The Board of GreenRoc has accepted his resignation, with 6 May 2022 being his last day with the Company. Lars Brünner, Non-Executive Director, has taken over the role of CEO while the Company seeks to appoint a long-term successor to the post. Chairman George Frangeskides said: "I would like to thank Kirk for his stewardship of the Company since the IPO and to wish him every success in his future endeavours. "The Company is in excellent hands with Lars Brünner stepping up as interim CEO while we complete the process for appointing a permanent CEO. Lars has a tremendous knowledge of and affinity to Greenland, allied to strong connections with key Greenlandic stakeholders. He has also been heavily involved in the preparations for this summer's field programmes, including the planned EIA and SIA work activities. "We will be announcing further details in respect of our forthcoming field work programmes in the coming days." **ENDS** This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement. For further information, please visit www.albamineralresources.com or contact: Alba Mineral Resources plc George Frangeskides, Executive Chairman SPARK Advisory Partners Limited (Nomad) +44 20 3950 0725 Andrew Emmott +44 20 3368 3555 ETX Capital (Broker) Thomas Smith +44 20 7392 1494 St Brides Partners (Financial PR) Isabel de Salis / Catherine Leftley alba@stbridespartners.co.uk Alba's Projects and Investments Mining Projects Operated by Alba Location Ownership Clogau (gold) Wales 90% Dolgellau Gold Exploration (gold) Wales 90-100% Gwynfynydd (gold) Wales 100% Limerick (zinc-lead) Ireland 100% Investments Held by Alba Location Ownership GreenRoc Mining Plc (mining) Greenland 54% Horse Hill (oil) England 11.765% This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END MSCFLFIEERITIIF