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HAN.V ·

Hannan Announces Results of Annual General Meeting of Shareholders

Shareholder Meetings

1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7

Phone: +1 604 685 9316 / Fax: +1 604 683 1585

NEWS RELEASE NOVEMBER 9, 2023

HANNAN ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

Vancouver, Canada – Hannan Metals Limited (“Hannan” or the “Com pany”) (TSXV: HAN) (OTCPK: HANNF )

announces the results from its Annual General Meeting of Shareh olders held on Thursday, November 9, 2023 (the

“Meeting”) in Vancouver, BC. Shareholders holding a total of 29,013,170 common shares were represented in person or

by proxy at the Meeting, representing 26.52% of the votes attached to all outstanding common shares of the Company as

at the record date. Shareholders voted in favour of all the ma tters submitted before the Meeting as set out in the Notice

of Meeting and Information Circular dated October 3, 2023, including:

1. S e t t i n g t h e s i z e o f t h e B o a r d t o f o u r d i r e c t o r s a n d e l e c t i n g t he following as directors until the next annual

shareholder meeting of the Company: Michael Hudson, Georgina Carnegie, Nick DeMare and David Henstridge;

2. Appointing Davidson & Company, C hartered Professional Accountants, as the Company’s auditor for the ensuing

year; and

3. The ratification of the Company’s Stock Option Plan, pursuant t o which the Company may grant stock options up

to 10% of its issued and outstanding common shares at the time of the grant.

Subsequent to the Meeting, the Board re-appointed Mr. Hudson as Executive Chairman and CEO, Mr. Lars Dahlenborg as

President, Mr. Harvey Lim as Chief Financial Officer and Ms. Mariana Bermudez as Corporate Secretary. Messrs. DeMare,

Henstridge and Ms. Carnegie were appointed as members of the Audit Committee.

About Hannan Metals Limited (TSXV:HAN) (OTCPK: HANNF)

Hannan Metals Limited is a natural resources and exploration company developing sustainable resources of metal needed

to meet the transition to a low carbon economy. Over the last d ecade, the team behind Hannan has forged a long and

successful record of discovering, financing, and advancing mine ral projects in Europe and Peru. Hannan is a top ten in-

country explorer by area in Peru.

On behalf of the Board,

"Michael Hudson"

Michael Hudson, Chairman & CEO

Further Information

www.hannanmetals.com

1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7

Mariana Bermudez, Corporate Secretary,

+1 (604) 685 9316, [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in the policies of the TSX Vent ure Exchange) accepts

responsibility for the adequacy or accuracy of this news.