Resouro Strategic Metals• Press release (February 2026)
Resouro Strategic Metals• Press release (February 2026) Page 1 of 3
TSX-V News Release ASX News Release
16 February 2026 17 February 2026
Resouro Announces the Proposed Appointment of Simon Stilwell as
Non-Executive Chairman
Stilwell brings additional capital markets, governance and strategic leadership
experience to the Board
Resouro Strategic Metals Inc. (ASX: RAU; TSX-V: RSM; FSE: 8TX; OTCQB: RSGOF) (“Resouro” or the
“Company”) is pleased to announce that it is proposing to add a highly experienced executive and
non-executive director with a degree in geology to its board of directors. Mr Simon Stilwell has over
30 years of experience in capital markets, corporate governance, strategy execution, mergers and
acquisitions, and the leadership of listed and unlisted businesses, particularly in regulated industries.
He will serve as independent Non-Executive Chairman of Resouro upon his appointment1 and support
the Company’s investor engagement activities, particularly across the Australian and UK markets.
“We are delighted to announce the proposed appointment of Simon to the Board,” said Christopher
Eager, Resouro’s Chairman and CEO. “His depth of experience across capital markets, governance, and
strategic leadership will be a significant asset to Resouro as we move through our next phase of
growth. Simon has a strong track record of supporting management teams, engaging with investors,
and helping boards navigate complex operating and market environments.”
The Board believes Mr Stilwell’s strong governance background, capital markets expertise, and
international investor network will be highly valuable as Resouro advances the development of its
Brazilian rare earths and titanium assets and continues to engage with global capital markets.
Mr Stilwell has advised growth companies and has held senior executive and board roles across a
range of AIM-listed companies. He was CEO and Founding Director of London-based investment bank
Liberum Capital, which developed a strong resources franchise from inception. He was also a founder,
investor and a member of the investment committee of Laurium, its natural resources fund
management business.
He served as a long-standing Non-Executive Director at Gresham House Plc, an alternative asset
manager, during a period of significant growth and value creation. At Gresham House, he chaired the
remuneration committee and was a member of the audit, risk, i nvestment and sustainability
committees.
1 which will take effect upon his receipt of an Australian Director Identification Number.
Resouro Strategic Metals• Press release (February 2026) Page 2 of 3
Throughout his career, Mr Stilwell has demonstrated deep expertise in capital markets, investor
engagement, governance frameworks, and scaling businesses through growth phases, restructurings,
and exits. His experience spans IPOs, acquisitions, disposals, balance sheet management, and
stakeholder engagement with institutional investors, regulators, lenders, and shareholders.
The Board will advise the market when Mr Stilwell’s appointment becomes effective.
This announcement has been authorized for release by the Board of Directors of Resouro Strategic
Metals Inc.
For further information, please contact:
Christopher Eager
Executive Chairman & CEO
Justin Clyne
Non-Executive Director
About Resouro
Resouro is a Canadian incorporated mineral exploration and development company, listed on the ASX, TSXV,
OTC, and FSE, focused on the discovery and advancement of economic mineral projects in Brazil, including the
Tiros Titanium-Rare Earths Project and the Novo Mundo Gold Project. The Tiros project has 28 mineral concessions
totalling 497 km2 located in the state of Minas Gerais, one of the best infrastructurally developed states of Brazil,
350 km 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 earths oxides within a
Measured and Indicated Resource of 1.4 billion tonnes.
Note: Further details of the Company’s JORC MRE are contained within the Company’s ASX announcement of 9
April, 2025/TSX-V 8 April 2025. Resouro is not aware of any new information or data that materially affects the
information included in the Company’s announcement and that all material assumptions and technical
parameters underpinning the estimates referred to therein continue to apply and have not materially changed.
Category Million Tonne TiO2 % TREO (ppm) MREO (ppm)
REO/TREO rat
Measured
30
24
9,300
2,500
27%
Indicated
74
23
8,900
2,300
26%
M + I 103 23 9,100 2,400
26%
Inferred
33
22
8,300
2,200
26%
Measured
340
11
3,700
1,000
28%
Indicated
930
11
3,600
1,000
28%
M + I 1,300 11 3,600 1,000
28%
Inferred
470
11
3,400
920
27%
Measured
367
12
4,100
1,100
28%
Indicated
1,000
12
4,000
1,100
27%
M + I 1,400 12 4,000 1,100
28%
Inferred
500
12
3,700
1,000
27%
Resouro Strategic Metals• Press release (February 2026) Page 3 of 3
Forward-Looking Information
This news release contains certain "forward-looking information" within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions
"may" or "will" occur. Although we believe that the expectations reflected in the forward-looking information
are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee
future results, performance or achievements. Consequently, there is no representation that the actual
results achieved will be the same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the statements
are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events
or results to differ materially from those anticipated in the forward- looking information. Some of the risks and
other factors that could cause the results to differ materially from those expressed in the forward-looking
information include, but are not limited to: general economic conditions in Canada and globally; industry
conditions, including governmental regulation and environmental regulation; failure to obtain industry partner
and other third party consents and approvals, if and when required; the need to obtain required approvals from
regulatory authorities; stock market volatility; liabilities inherent in the mining industry; competition for, among
other things, skilled personnel and supplies; incorrect assessments of the value of acquisitions; geological,
technical, processing and transportation problems; changes in tax laws and incentive programs; failure to
realize the anticipated benefits of acquisitions and dispositions; and the other factors. Readers are cautioned that
this list of risk factors should not be construed as exhaustive.
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