Mila Resources PlcLSE: MILA

Stmnt re Share Price Movement

· Issued by Mila Resources Plc

Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources

3 April 2023

Mila Resources Plc

("Mila" or "the Company")

Share Price Movement

Mila Resources Plc, the post-discovery gold exploration accelerator, notes the share price movement and can confirm that the Company is in discussions with regard to a transaction for the Kathleen Valley project relating to a joint venture partner. The transaction is the subject of further discussion and agreement with its partners in the licence, therefore, there can be no certainty that any transaction will be completed.  The Company will update the market in due course.

For more information visit www.milaresources.com or contact:

Mark Stephenson

Mila Resources Plc

info@milaresources.com

Jonathan Evans

Tavira Financial Limited

+44 (0) 20 7100 5100

Nick Emerson

SI Capital

+44 (0) 20 3143 0600

Susie Geliher and Max Bennett

St Brides Partners Limited

+44 (0) 20 7236 1177