Tyranna Resources Ltd. announced it has completed the acquisition of 80% of the issued capital and 100% of the issued options of Angolan Minerals Pty Ltd. (Acquisition) as approved by shareholders on 4 August 2022. The company has appointed Mr. Paul Williams and Mr. Peter Spitalny as executive directors. Mr. Joseph Pinto has resigned from the position of Non-Executive Director with immediate effect.

Paul has been directly involved in Angola since 2008 and continues that association in his belief that the true potential of Angola's mineral resources has not yet been discovered or developed. He has proven performance in Angola via his involvement with the Longonjo licence. He recognised the potential of the Longonjo licence in Angola and was directly responsible for the establishment of Ozango Minerais SA (Ozango is the company that holds the Longonjo licence).

He introduced Pensana Plc (originally Rift Valley Resources) to Angola and Ozango - Pensana has since developed the Longonjo Rare Earth Project into a world-class deposit. Paul spent his initial working years in accounting, finance and project management and the last twenty years in the mining and resources sector with ASX-listed companies involved in Australia, Angola, Mauritania and Kenya.Peter is an exploration geologist having three decades of experience with a range of minerals and mineralisation styles and a particular interest in pegmatites, especially those that contain lithium minerals. He has investigated pegmatite-hosted lithium mineralisation in Australia, Canada, Brazil, Argentina, Namibia, Democratic Republic of Congo and most recently Angola.

Mr. Spitalny has extensive experience in early-stage exploration for pegmatites in "greenfield" projects, having personally discovered many lithium-bearing pegmatites on behalf of clients, and designed and implemented early- stage exploration plans. In addition, his experience includes progressing advanced projects, and he has acted as chief technical adviser to many companies, including AVZ Minerals Ltd. (AVZ) for its Manono Lithium and Tin Project, located in the Democratic Republic of the Congo. Mr. Spitalny's work for AVZ commenced at the earliest stage of development of the project and included inspection of the pegmatites and determining their nature, leading to ranking of the development potential of the pegmatites and recommending the focus be upon the Roche Dure pegmatite.

His role evolved to becoming responsible for oversight of all technical data and reporting. He developed the geological model that underpinned the maidenResource Estimate of the spodumene mineralisation in the Roche Dure pegmatite, the largest hard-rock lithium Mineral Resource in the world. Mr. Spitalny is a Competent Person (compliant with the JORC Code 2012) with respect to pegmatite-hosted lithium mineralisation and reporting of associated exploration results.

He also has experience in the operation of public companies, having served as a director of Ardiden Limited, and having served as a high-level consultant collaborating with directors of several other public companies.