Vital strengthens Board with appointment of two Directors

10 August 2022

10 August 2022, Canada’s first rare earths producer Vital Metals Limited (ASX: VML | OTCQB: VTMXF) (“Vital” or the “Company”) is pleased to announce the appointment of Mr Richard Crookes and Mr Paul Quirk as Non-Executive Directors, following completion of Tranche 1 of a A$45 million Placement announced on 1 August 2022.

Highlights

• Richard Crookes and Paul Quirk appointed as Non-Executive Directors on Vital’s Board
• Mr Crookes and Mr Quirk are nominees of Lionhead Resources Fund LP (LHR), which committed A$30 million as part of Vital’s recent A$45 million targeted Share Placement
• LHR’s Russell Bradford appointed to the new Technical Advisory Committee
• Appointments and Placement signal Vital’s transition from rare earths exploration and development to production and operations.

Read details on each of the directors in the full release here.

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