Announcement • Apr 25
Phoenix Copper Limited Appoints David Alan Jarvis as Non-Executive Director, Effective 23 April 2026 Phoenix Copper Limited announced the appointment of David Alan Jarvis as Non-Executive Director with immediate effect. David is a degreed mining engineer with 35 years of extensive management and director experience in mining and mineral processing at both open pit and underground operations in the Americas and Asia. He has previously served as an independent director of Patagonia Gold (now Hunt Mining Corp.), Managing Director and General Manager of Eldorado Gold's China operations, Vice President and General Manager of Coeur Mexicana, Coeur's flagship operation in Palmarejo, Mine Manager at Centerra Gold's Kumtor Mine in Kyrgyzstan, and as Mine Superintendent at Newmont Gold's Yanacocha Mine in Peru. Most recently, David has been serving as the General Manager at Phoenix's Empire project in Mackay, Idaho since 2023. David Alan Jarvis, aged 71, currently holds or has held the following directorships or partnerships in the past five years: Hunt Mining Corp. (previously Patagonia Gold plc). New Risk • Apr 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 43% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (UK£3.02m market cap, or US$4.09m). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Announcement • Mar 11
Phoenix Copper Limited Appoints Catherine Evans as Interim Non-Executive Chair, Effective March 9, 2026 Phoenix Copper Limited announced that, following the conclusion of the investigation, Catherine Evans, Independent Non-Executive Director and Chair of the Audit Committee, has been appointed Interim Non-Executive Chair of Phoenix with immediate effect as of March 9, 2026. Catherine Evans is working closely with Ryan McDermott, CEO, the Advisory Board members and the Company's external advisers to mitigate any impact to the Company, strengthen governance procedures and financial controls and ensure relationships with investors, brokers, suppliers and all other counterparties and stakeholders suffer no disruption. Further updates will be made regarding the appointment of a permanent Chair in due course. As previously announced, to minimise any disruption to the ongoing operations of the Company, Phoenix has put interim financial oversight arrangements in place via the appointment of an interim CFO to ensure financial continuity and manage the completion of the audit process for the year ended December 31, 2025. The Interim CFO will be supported by Catherine Evans and Ryan McDermott, as well as by the Advisory Board and the senior management team to ensure operational continuity. The Company is outsourcing the role of Company Secretary to a reputable corporate services firm, as recommended by its professional advisers. 
