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SFR.V ·

Sandfire America Announces New Board Member

Management Changes

Sandfire Resources America Inc.

(Trading Symbol: TSX-V: SFR OTCQB: SRAFF)

www.sandfireamerica.com

17 E Main; PO Box 431

White Sulphur Springs, MT 59645

Tel: (406) 547-3466

Fax: (406) 547-3719

Web: www.sandfireamerica.com

Email: [email protected]

January 21, 2025

Sandfire America Announces New Board Member

WHITE SULPHUR SPRINGS, Montana, USA, January 21, 2025 -- Sandfire Resources

America Inc. ("Sandfire America" or the "Company") announces that Gemma Tually

has been appointed to the Sandfire America Board of Directors effective immediately. This

occurs in conjunction with Victoria Twiss stepping down from her seat on the Board.

Ms. Tually is the Chief Legal & Compliance Officer for Sandfire Resources Ltd.

(Australia); 86.9% owner of Sandfire America’s outstanding shares. Ms. Tually is a

qualified solicitor with more than 20 years of legal experience working across areas

including mining, dispute resolution, international trade and transport, finance, and

corporate law.

The Company welcomes Ms. Tually to the SFR Board and extends its sincere thanks to

Ms. Twiss for her contributions to the Board during her tenure.

Contact Information:

Sandfire Resources America Inc.

Nancy Schlepp, VP of Communications and Government Relations

Mobile: 406-224-8180

Office: 406-547-3466

Email: [email protected]

Cautionary Note Regarding Forward- Looking Statements: Certain disclosures in this

document constitute "forward looking information" within the meaning of Canadian

securities legislation, including statements regarding the appointment of a new member of

the Board. In making these forward- looking statements, the Company has applied certain

factors and assumptions that the Company believes are reasonable, including that the

Company will receive required regulatory approvals. However, the forward- looking

statements in this document are subject to numerous risks, uncertainties, and other factors,

including delays in obtaining or inability to obtain required regulatory approvals. There can

be no assurance that such statements will prove to be accurate, and actual results and future

events could differ materially from those anticipated in such statements. Readers are

cautioned not to place undue reliance on forward- looking statements. The Company does

not intend, and expressly disclaims any intention or obligation t o, update or revise any

forward-looking statements whether as a result of new information, future events or

otherwise, except as required by law.