North Arrow Announces Management Changes

31 March 2025

North Arrow Minerals Inc. (“North Arrow” or the “Company”) is pleased to announce changes in the executive management of the Company, effective May 1, 2025, with Eira Thomas appointed President and CEO of the Company, and current President and CEO Ken Armstrong transitioning to Chair of the Board of Directors. Ms. Thomas has served as the non-executive Chair of North Arrow since February 2024. This change is intended to recognize Ms. Thomas’ expanded, more direct role in managing the Company’s exploration activities in southern Africa, including the Kraaipan Gold Project in Botswana.

Ken Armstrong commented, “This change in North Arrow’s management structure will allow the Company to take full advantage of Eira’s existing relationships and operational experience in southern Africa, and Botswana in particular, as the Company advances the Kraaipan Gold Project and pursues additional exploration opportunities in this area. I look forward to continuing to support Eira, North Arrow and our partner and operator of the Kraaipan Project, Rockman Resources, as we pursue new gold discoveries in southern Botswana.”

Ms. Thomas has more than 30 years of experience in the mining industry, particularly in the diamond, gold and energy spaces. She has held executive and board positions with several companies over that period, including Kaminak Gold Corp. and Lucara Diamond Corp.  In addition, she served as a director of Suncor Energy for 17 years.