Demesne Resources Ltd. Announces Listing on Frankfurt Stock Exchange & Appointment of Strategic Technical Advisors

Demesne Resources Ltd. Announces Listing on Frankfurt Stock

Exchange & Appointment of Strategic Technical Advisors

- NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S.

NEWSWIRE SERVICES –

Vancouver, BC, December 11, 2024 – Demesne Resources Ltd. (CSE:DEME)

(OTCQB:DEMRF) (“Demesne” or the “Company”) is pleased to announce that the Company’s

shares have been accepted for listing on the Frankfurt Stock Exchange (“ FSE”) and commenced

trading today under the symbol “RK9”.

The Company’s common shares are now cross listed on the Canadian Securities Exchange , the

OTCQB Venture Market, and the FSE. The FSE is one of the world’s leading international stock

exchanges by revenue, profitability, and market capitalization and is the largest of Germany’s

stock exchanges.

“We are excited to have reached this important milestone and list on the Frankfurt Stock Exchange.

There is significant demand from European investors for defense -oriented exploration and

development stories like ours, and we are pleased that it will now be easier for those investors to

participate in our growth, particularly as we advance the IMA Mine i n Idaho,” said Murray Nye,

CEO of Demesne.

In addition, the Company is pleased to announce that tungsten mining geologist and industry

veteran Mr. Finley Bakker, seasoned mining geologist Mr. Jeff Wilson, and Idaho- based mining

expert Mr. William Breen ha ve been appointed as Strategic Advisor s to the Company effective

immediately.

Demesne's CEO, Murray Nye, commented: " As we continue to build our pool of talent at

Demesne, we are very fortunate to have these proven mining professionals in our corner. The level

of in-the-trenches experience that Mr. Bakker, Mr. Wilson, and Mr . Breen bring to the table is of

significant value to our plans to explore and develop the past -producing tungsten IMA Mine in

Idaho."

Mr. Bakker is a seasoned Professional Geoscientist with over 45 years of experience leading

geological and engineering teams in the mining industry. With expertise in both underground and

open pit operations, he has a proven record of resource and reserve estimation and expansion. He

has provided extensive consulting services for various projects and organizations. Mr. Bakker’s

past positions as Chief Geologist and Technical Services Superintendent for North American

Tungsten (Cantung tungsten mine) and as Chief Geologist for Adanac Molybdenum give him a

background well suited for this position.

Mr. Wilson i s a Professional Geologist registered in British Columbia. He holds a PhD in

Structural Geology at Kingston University in the United Kingdom and has ove r 20 years of

experience in various aspects of the resource industry. Building on field- based exploration for

gold, copper, and silver with both junior and senior resource companies, Mr. Wilson went on to

work with the TSX Venture Exchange for several year s, before managing the Geology Group at

Tetra Tech Inc, an international consulting firm. Since 2013, Mr. Wilson has maintained an

independent consulting practice, and his public company experience includes independent Board

positions at Western Magnesium Corp. and Nevada Lithium Resources.

Mr. Breen is a Professional Geologist with extensive experience in the mineral exploration

industry. Mr. Breen has over 45 years of experience working for both junior and senior mining

companies across the world. This experience exposed him to a diversified and varied set of

exploration programs for precious metals, base metals, uranium, lithium, and cobalt throughout

Mexico, the western United States, Alaska, and Canada. Mr. Breen holds his Bachelor of Science

of Geology degree from the University of Idaho and is a Registered Member of the Society for

Mining Metallurgy & Exploration. He is a licensed Geologist in the State of Washington and a

Professional Geologist in the State of Wyoming. Mr. Breen is also Mayor of the city of Hope,

Idaho.

ABOUT DEMESNE RESOURCES LTD.

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

exploration of magnetite mineral properties. The Company's Star Project consists of five

contiguous mineral titl es 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 Projec t.

Demesne has also entered into an option agreement, pursuant to which it can acquire a 100%

interest (subject to a 2% royalty) in and to the IMA Mine Project, a past producing underground

tungsten mine situated on 22 patented claims located in East Central, Idaho, United States.

Social media links:

LinkedIn: https://www.linkedin.com/company/demesneresources/

X: https://x.com/demesneresource

Facebook: https://www.facebook.com/DemesneResources

Instagram: https://www.instagram.com/demesneresources/

YouTube: https://www.youtube.com/@demesneresources

ON BEHALF OF THE BOARD OF DIRECTORS:

Murray Nye

CEO

1055 West Georgia Street, Suite 1500

Vancouver, BC V6E 0B6

Canada

For further information, please contact:

Murray Nye, CEO

Email: [email protected]

Phone: +1 (416) 300-7398

CSE:DEME

OTCQB:DEMRF

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of

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

This press release includes "forward -looking information" that is subject to a number of

assumptions, risks and uncertainties, many of which are beyond the control of the Company.

Such statements represent the Company’s current views with respect to future events and are

necessarily based upon a number of assumptions and estimates that, while considered

reasonable by the Company, are inherently subject to significant business, economic,

competitive, political and social risks, contingencies and uncertainties. Many factors, both

known and unknown, could cause results, performance, or achievement s to be materially

different from the results, performance or achievements that are or may be expressed or implied

by such forward-looking statements. The Company does not intend, and does not assume any

obligation, to update these forward -looking statemen ts or information to reflect changes in

assumptions or changes in circumstances or any other events affecting such statements and

information other than as required by applicable laws, rules and regulations.