Commencement of Chief Executive Officer

Core Viewpoint - Canyon Resources Limited has officially appointed Mr. Peter Secker as the new Chief Executive Officer (CEO), effective July 1, 2025, marking a significant leadership transition for the company [1][3]. Group 1: Leadership Transition - Mr. Secker joined Canyon as a strategic advisor on February 5, 2025, and has since played a crucial role in supporting the management team and Board [2][4]. - Former CEO Mr. Jean Sebastien Boutet has transitioned to the role of Chief Commercial and Corporate Development Officer, continuing to contribute to the company's strategic initiatives [4][8]. Group 2: Project Development - Mr. Secker's appointment comes at a critical time as Canyon focuses on transitioning from development to construction and production phases, particularly for the Minim Martap Bauxite Project [3][5]. - The company aims to start production in early 2026 and make its first bauxite shipment in the first half of 2026 [2][5]. Group 3: Leadership Insights - Mr. Secker has over 40 years of global mining experience, which is expected to be a significant asset for Canyon as it seeks to unlock the full potential of the Minim Martap Project [3][7]. - The Board of Canyon has expressed confidence in Mr. Secker's leadership to drive long-term value for shareholders [7][8].