Landore Resources Ld - Appointment of Alexander Shaw to Storm Board

16 October 2025

LANDORE RESOURCES LIMITED

Appointment of Alexander Shaw to Storm Exploration Board

London, United Kingdom - 16 October 2025 - Landore Resources Limited (AIM: LND) ("Landore Resources" or the "Company") notes the announcement by Storm Exploration Inc. (TSX-V: STRM) ("Storm") on the appointment of Alexander Shaw to its Board of Directors, following its recent Annual General Meeting and Special Meeting.

Landore Resources' CEO, Alexander Shaw, commented:

"I am delighted to be joining the Board and representing Landore Resources Canada's ~15.6% interest in Storm, following the cash and shares option payment for the Miminiska Lake and Keezhik Lake Properties. This allows Landore to participate in decisions relating to Storm as its single biggest shareholder and I look forward to working with Bruce and the team to maximise value creation for both Landore and Storm shareholders."

Bruce Counts, President, and CEO of Storm Exploration commented:

"Storm welcomes Dr. Shaw to its Board of Directors. Alexander's impressive geology credentials and broad industry experience will help to ensure that shareholders continue to be represented by a qualified and well-rounded board."

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About Landore Resources

Landore Resources (AIM: LND) is the 100% owner of the highly prospective BAM Gold Project, Northwestern Ontario, Canada, which has an NI 43-101 compliant resource estimate of 1.5m oz Au (Indicated: 1.03m oz from 30.96Mt @ 1.0g/t; Inferred: 467,000oz from 18.3M/t @ 0.8g/t). Ontario is Canada's largest gold producing province, and produced 3.9m oz, accounting for 41% of Canada's total gold production in 2023. Landore Resource's strategic objective is to crystallise value from BAM's last estimated NPV of US$333.6m @ US$1,800/oz spot (from May 2022 PEA), as well as generating additional value from its non-core portfolio of precious and battery metals projects in eastern Canada and the USA.

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