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GlobeNewswire·

Entrée Resources Announces Retirement of Director and Appointment of New Board Member

ERLFF
  • Dr. Michael Price will retire from Entrée Resources Ltd.'s Board of Directors effective December 31, 2025, after over seven years of service.
  • Alan Edwards, the Non-Executive Chair, thanked Price for his contributions to the Audit & Technical Committees & his 40-year mining finance career.
  • Mr. Chris Adams has accepted an offer to join the Board as an independent director to fill the vacancy created by Price's retirement.
  • Adams brings 35 years of mining finance experience, including his role as head of Mining Finance for the Americas at Macquarie Group Limited.
  • Mr. Adams holds a B.Com. from McGill University, an MBA from MIT, & the CFA designation.
  • Adams will officially join the Board on January 1, 2026.
  • The Board anticipates Adams' expertise will support efforts to resolve outstanding issues in Mongolia to restart Oyu Tolgoi Lift 1 Panel 1 underground development.
  • Entrée Resources Ltd. holds a 20% or 30% carried participating interest in the Oyu Tolgoi copper-gold project in Mongolia.
  • Royal Gold & Rio Tinto are major shareholders, holding approximately 24% & 16% of the Company's shares, respectively.
  • The news release includes standard forward-looking information disclaimers regarding future events & performance.