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Gem Resources Plc

("GEMR" or the "Company")

Director Resignation

Gem Resources Plc (LSE: GEMR) (the "Company") announces that Sam Mulligan, a Director of the Company, is stepping down from the Board of Directors of the Company and from the Board of the Company's subsidiaries, Malaika Ireland Limited and Malaika Development Limited with immediate effect.

Accordingly, the resolution pertaining to Mr Mulligan's re-election will be withdrawn and not put to Shareholders at the Company's forthcoming AGM scheduled to be held on 23 June 2025.

The Board would like to thank Sam for his service and contributions to the Group during his tenure and wishes him well for the future.

Enquiries:

About Gem Resources Plc ("GEMR")

GEMR is an emerging emerald producer, focusing on the Gravelotte Emerald Mine. Historically, GEMR is one of the world's largest emerald mines, located in South Africa. The Company is committed to sustainable and efficient mining practices, utilizing modern technology to revive this historically significant emerald mine.  The Company has also acquired the Curlew Emerald Mine in Australia, further expanding its emerald mining operations and assets.

For more information about Gem Resources Plc, including investor relations and corporate news, please visit our website at www.gemresources.co.uk. Interested parties are also invited to sign-up for our newsletter via our website.