Voltaic Strategic Resources Ltd ('Voltaic' or the 'Company') (ASX: VSR) advises that Simon Adams has resigned as a Director effective 31 December 2023.

Simon will continue in his roles of CFO and Company Secretary with the Company. Voltaic Chairman, John Hannaford said, 'Simon has been a director of the Company since June 2019 and has seen the Company through its transition from an oil and gas E&P company operating in the USA through to its re-compliance listing and transition to a hard rock mineral explorer with a Western Australia focus. 'We would like to thank Simon for his contribution to the Board and look forward to his ongoing role with the Company as CFO and Company Secretary.' Following the resignation of Mr Adams, the Board comprises of three non-executive directors. Along with the decrease in director fees associated with the resignation of Mr Adams, the Board is looking to implement other cost reduction initiatives to save on corporate overheads.

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