Vital Metals announces new Managing Director & CEO

Vital Metals Limited (ASX: $VML) has appointed Ms Lisa Riley as its Managing Director & CEO, effective immediately, and terminated the contract of Dr Geordie Mark. Ms Riley, who has served on the Board of Vital Metals since December 2022, brings 30 years of experience in global capital markets, finance, mining advisory, and government relations in Canada and Latin America.

Chairman and Incoming MD and CEO's Comments on the Appointment

Vital's Chairman Richard Crookes expressed, 'We are extremely happy to announce Lisa's appointment to CEO and MD and we expect a smooth transition, given her longstanding involvement with the Company. We look forward to a reinvigoration of our market-facing activities as we continue to complete Scoping Study work on our Nechalacho Rare Earths Project.' Incoming MD and CEO Lisa Riley commented, 'I am very pleased to move into the role of Managing Director and CEO. Serving as a Non-Executive Director since December 2022, I have been increasingly providing executive support to the Canadian team and I now bring new energy and knowledge to lead the management team and execute our corporate strategy. I look forward to engaging with all our key stakeholders as we progress development of our large Tardiff rare earths deposit at Nechalacho.'

Summary of Vital Metals' Executive Management Changes

Vital Metals Limited (ASX: $VML) has appointed Ms Lisa Riley as its Managing Director & CEO, effective immediately, and terminated the contract of Dr Geordie Mark. Ms Riley, with 30 years of experience in global capital markets, finance, mining advisory, and government relations, is expected to bring new energy and knowledge to lead the management team and execute the corporate strategy. The company's Chairman expressed optimism for a smooth transition and a reinvigoration of market-facing activities. Vital Metals is focused on the advanced Nechalacho Rare Earth project located in the Northwest Territories of Canada and has the potential to develop into a significant large-scale supplier of critical electric motor magnet minerals.