Mr. Chris Eager reports

RESOURO STRATEGIC METALS INC. (RSGOF) RESIGNATION OF CEO

Alistair Stephens has resigned from the position of chief executive officer of Resouro Strategic Metals Inc., effective immediately.

The board of directors thanks Mr. Stephens for his service to the company and wishes him well in his future endeavours.

Christopher Eager, the current executive chairman, will assume the role of chief executive officer, effective immediately. Mr. Eager brings 34 years of experience as a mining engineer and will ensure continuity of leadership and continuing commitment to advancing Resouro's strategic objectives.

The company is also initiating the process to appoint a chairman to further strengthen the leadership team.

About Resouro Strategic Metals Inc.

Resouro is a Canadian incorporated mineral exploration and development company, listed on the Australian Securities Exchange, TSX Venture Exchange, Over-the-Counter and Frankfurt Stock Exchange, focused on the discovery and advancement of economic mineral projects in Brazil, including the Tiros titanium-rare-earth project and the Novo Mundo gold project. The Tiros project has 28 mineral concessions totalling 497 square kilometres located in the state of Minas Gerais, one of the best infrastructurally developed states of Brazil, 350 kilometres from the state capital of Belo Horizonte. Resouro's mineral resource estimate for the Tiros project contains 165 million tonnes of titanium dioxide and 5.5 million tonnes of total rare earth oxides within a measured and indicated resource of 1.4 billion tonnes at 12 per cent titanium dioxide and 4,000 parts per million of total rare earth oxides.