Demesne Resources Ltd. Announces Change of Chief Financial Officer

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DEMESNE RESOURCES LTD. ANNOUNCES

CHANGE OF CHIEF FINANCIAL OFFICER

Vancouver, BC, September 27, 2024 - Demesne Resources Ltd. (CSE:DEME) (“Demesne” or

the “Company”) announces that John Ross has resigned as the Chief Financ ial Officer of the

Company to pursue other opportunities. The Co mpany would like to thank Mr. Ross for his

contributions to the Company.

The Company is pleased to announce that Ajay T oor has been appointed Chief Financial Officer

of the Company to fill the vacancy.

Mr. Toor is a finance professi onal with over six years of expe rience in investment banking,

corporate finance, financial management and full cycle accounting. Mr. Toor successfully

completed the Common Final Exam (CFE) and holds a Bachelor in Business from Simon Fraser

University.

ABOUT DEMESNE RESOURCES LTD.

Demesne Resources Ltd. is a British Columbia based company involved in the acquisition and

exploration of magnetite mineral properties, with a focus on mineral properties located in British

Columbia. The Company's sole property is the Star Project, consisting of five contiguous mineral

titles covering an area of approximately 4,615.75 hectares located in the Skeena Mining Division,

British Columbia, Canada. The Company has entered into an option agreement pursuant to which

it is entitled to earn an undivided 100% interest in the Star Project.

ON BEHALF OF THE BOARD OF DIRECTORS:

Adam Virani

Director

For further information, please contact: Adam Vi rani, CEO, Corporate S ecretary and Director,

Email: [email protected]; Phone: +56 9-4770-8252.

The Canadian Securities Exchange does not accept res ponsibility for the adequacy or accuracy of this

release and has neither approved nor disapproved the contents of this press release.