Prospect Resources Limited appointed Mr. Ian Goldberg to the Prospect Board as an Executive Director Finance, effective from 8 July 2024. Ian has been Prospect's Chief Financial Officer (CFO) and Joint Company Secretary since
February 2021. He played a crucial role in the advancement of the Arcadia Lithium Project (Arcadia), most particularly during the strategic financing process. Supported by Ian's guidance and expertise, Arcadia was successfully sold to Zhejiang Huayou Cobalt in April 2022 for USD 378 million in cash. Ian is a Chartered Accountant (CA) with more than 20 years of senior finance and commercial mining experience. He has previously held the role as CFO in operating mining businesses across Africa and Australia, where he has led several mining projects through the securement of project financing and development into profitable commercial operations. Ian will head up the Perth Office and his role has been expanded to include corporate development with David Broomfield, Corporate Development Manager, who will now report directly to Ian. The Company announced that Sam Hosack, MD and CEO, is now permanently based in Zimbabwe. This will allow Sam to concentrate on the Company's African activities with a key focus on the newly acquired asset, the Mumbezhi Copper Project.