The Anaconda Mining Inc. announced that it has accepted the resignation of its Chairman, Jonathan Fitzgerald, from the Board of Directors to pursue other professional interests. Mary-Lynn Oke has been appointed interim Chair of the Board of Directors while the Company undertakes a search for a new Chair. Furthermore, as a result of his resignation, Mr. Fitzgerald will no longer stand for re-election as a Board member at the Company's annual and special shareholders meeting scheduled for Thursday, May 12, 2022.

The remaining five members of the Board will continue to stand for re- election at the shareholder meeting.