Sovereign Metals Limited announced that Mr. Nigel Jones has been appointed as a Non-Executive Director of the Company. From 2019 to 2021, Mr. Jones was Managing Director of Rio Tinto Group's (Rio Tinto) very large Simandou iron ore project in Guinea, west Africa. In this role, he was accountable for all aspects of the project's development, including its complex environmental, social and governance (ESG) strategy. Such aspects
included impacts on natural ecosystems, biodiversity, and community and government relations. Mr. Jones was also a member of the senior leadership team of the Energy and Minerals product group, which incorporated Rio Tinto's titanium dioxide feedstock businesses in Canada and southern Africa. Mr. Jones will also Chair the Company's ESG Committee.