Athena Resources Limited announced as follows: Mr. Jeffrey David Swingler has been appointed as a director of the company with effect from 1 July 2023. Jeff's non-executive director role and responsibilities will include: providing independent oversight, advice, and constructive challenge to the management team, and participation in the development of the company's strategic direction; improved shareholder engagement, increased focus on Responsible Investment using the lenses of ESG and SDG approaches, and appropriate risk management to support long-term sustainable growth; and contributing to sound decision making, effective governance, and innovative thinking in respect to new downstream markets. Jeff may consult to the group in developing further strategic partnerships, both domestic and international where his understanding of technology, supply chains and markets can be applied.

Jeff's role as Australia's inaugural Senior Investment Specialist for Energy and Resources gave him exposure to all commodities and critical materials relevant to the decarbonisation process being undertaken globally. His background in Energy and ongoing work in renewables is highly relevant to future production options and markets for Athena's products of which high grade magnetite is prioritised. Jeff Swingler: Jeff is a businessman with a background as a Chartered Accountant and Banker, his exposure to mining commencing with Shell's ownership of Gold (Boddington) and Coal assets in the 80's before Upstream and Downstream Oil & Gas.

He holds a Bachelor of Business from RMIT and a Masters of Entrepreneurship and Innovation from Swinburne University which commenced as part of the Swinburne Engineering Faculty. His accounting career progressed into a technology, systems and infrastructure focus during nine years with Visy Industries, seeding various technologies, developing strategy and building new paper mills and box plants in Australia and the USA. His interest in energy developed through R&D and implementation of energy cogeneration, recycling, biofuels and markets.

Visy sponsored Jeff's participation in CSIRO's Business Higher Education Round Table Leadership program which gave him exposure to a range of advanced developments. Appointed a Director of ANZ Securities, ANZ Corporate Finance and other ANZ businesses across the Investment Bank in the late 90's, Jeff was involved in overseeing the floats of various companies and refinancing including Ashton Mining, and the break up of the SECV, before being appointed Global Head of Equity Risk for ANZ. Jeff has spent the last 25 years working across corporate innovation, technology business startups, garnering financing from angels and Venture Capital through to Institutional Investors.

He was appointed Australia's Senior Investment Specialist for Energy and Resources [Austrade] in 2014 working across the spectrum of projects including Adani, Iron Road and others as well as LNG developments such as Inpex along with Renewable energy developments, kick starting the Federal Government's commercial support for Critical Materials and Rare Earths. Jeff was the Federal Governments representative to the Cooper Basin Gas Roundtable. More recently Jeff has advised Australian Strategic Materials polymetallic Rare Earth activities and Scandium International's Nickel Cobalt and Scandium project, whilst also introducing them both to Defence, Automotive and Aerospace participants internationally.