About

E-TECH Resources

E-TECH RESOURCES INC. (TSX-V:REE | FSE: K2i) is a rare earth element development company which owns 100% of the Eureka project. The Eureka project is located in Namibia, one of Africa’s top mining jurisdictions, and is located strategically close to development infrastructure. Early metallurgical testing done to date indicates the project has the potential to be one of the simplest REE projects to process globally.

Our company values are centered around sustainability and responsibility. We believe in a future of sustainably sourced and generated electric power. We are dedicated to helping to supply the key ingredients for the manufacturing of electric motors that will make a sustainable energy future possible.

Why Neodymium

Neodymium (Nd) plays a vital role in the decarbonisation of transportation, and in renewable power generation . The most important use for neodymium (Nd) is in an alloy with iron (Fe) and boron (B) to make the strongest mass-produced permanent magnets (PMs).

The Timeline

The discovery of NdPr in NdFeB permanent magnets in 1983, made it possible to miniaturise many electronic devices, including mobile phones, microphones, and loudspeakers. Since the 1980s NdFeB magnets have seen exponential growth with their ability to facilitate large wind turbine generators, and electric vehicle (EV) motors through the 2010s, into the 2020s and beyond.

How Much Nd does the world need?

Nd represents approximately 30% content in an NdFeB permanent magnet. For instance:

Leadership

Jim Megann - About - E-Tech Resources Inc

Jim Megann

Chairman & Interim CEO

In addition to holding the position of Managing Director, Jim Megann is also an accomplished executive and business leader. He is a Director of Torrent Capital, a publicly traded investment issuer; Director of OARO; and a Director of Sona Nanotech, a nano technology developer currently listed on the Canadian Stock Exchange.

Jim also brings more than 25 years of experience in the communications and marketing industry. Jim was awarded the Queens Diamond Jubilee medal in 2012 for his extensive community work.

Rob Randall

CFO

Mr. Randall has served as a contract CFO for a number of TSX.V-listed companies and has extensive public company financial experience. Rob currently serves as the Chief Financial Officer of Torrent Capital (TSX.V: TORR), Sona Nanotech (TSX.V: SONA) and Antler Gold Inc. (TSX.V: ANTL). Rob was the Corporate Controller of Etruscan Resources Inc. from 1997 to 2011 overseeing the financial operations for all aspects of its gold exploration and production activities throughout West Africa, as well as its diamond operations in South Africa. He also served as Controller of Nova Gold Resources Inc. from 1997 to 2001.

Rob graduated with a Commerce Degree from St. Mary’s University in Halifax and obtained his CA designation in 1987 with Coopers and Lybrand Chartered Accountants where he was appointed as a Principal in 1995. He is a member of the Institutes of Chartered Accountants of Canada and Nova Scotia.

Leadership

Chris Drysdale

Interim CEO

Mr. Drysdale is an experienced professional with international experience in the mineral and exploration industry. He currently serves as CEO of Antler Gold Inc. (TSX.V: ANTL) – a gold exploration company, focused on the acquisition and exploration of gold projects in Namibia. He has previously served as the Kenyan Country Manager for Stockport Exploration overseeing the operations for all aspects of its gold exploration and production activities throughout East Africa.

Prior to that Mr. Drysdale worked as a Field Exploration Geologist for Remote Exploration Services (Pty) Ltd., a geological consulting firm based out of South Africa servicing all aspects of the mineral industry. Mr. Drysdale has a progressive and diverse background with extensive work experience in Namibia and has been involved in various mineral projects throughout Africa.

Rob Randall

CFO

Mr. Randall has served as a contract CFO for a number of TSX.V-listed companies and has extensive public company financial experience. Rob currently serves as the Chief Financial Officer of Torrent Capital (TSX.V: TORR), Sona Nanotech (TSX.V: SONA) and Antler Gold Inc. (TSX.V: ANTL). Rob was the Corporate Controller of Etruscan Resources Inc. from 1997 to 2011 overseeing the financial operations for all aspects of its gold exploration and production activities throughout West Africa, as well as its diamond operations in South Africa. He also served as Controller of Nova Gold Resources Inc. from 1997 to 2001.

Rob graduated with a Commerce Degree from St. Mary’s University in Halifax and obtained his CA designation in 1987 with Coopers and Lybrand Chartered Accountants where he was appointed as a Principal in 1995. He is a member of the Institutes of Chartered Accountants of Canada and Nova Scotia.

Board of Directors

Jim Megann - About - E-Tech Resources Inc

Jim Megann

Chairman

In addition to holding the position of Managing Director, Jim Megann is also an accomplished executive and business leader. He is a Director of Torrent Capital, a publicly traded investment issuer; Director of OARO; and a Director of Sona Nanotech, a nano technology developer currently listed on the Canadian Stock Exchange.

Jim also brings more than 25 years of experience in the communications and marketing industry. Jim was awarded the Queens Diamond Jubilee medal in 2012 for his extensive community work.

Professor Francis Wall - About - E-Tech Resources Inc

Prof Frances Wall

Frances Wall is Professor of Applied Mineralogy at Camborne School of Mines, University of Exeter, has a BSc in geochemistry from Queen Mary University of London and a PhD in rare earth-rich carbonatites from the University of London. Frances has over 30 years experience researching the geology and process mineralogy of global rare earth deposits and practically linking exploration stage studies to responsible sourcing outcomes. Frances has also led large consortium research projects such as HiTech AlkCarb and SoS RARE and is currently Principal Investigator for the UK Research and Innovation Interdisciplinary Circular Economy Centre for Technology Metals (Met4Tech).

Frances is Chair of the British Geological Survey Science Advisory Committee, a member of the UK Critical Minerals Expert Committee, was named in the WIM UK ‘100 Global Inspirational Women in Mining’ 2016 edition and awarded the William Smith Medal of the Geological Society of London for applied geoscience in 2019.

Chris Drysdale

Mr. Drysdale is an experienced professional with international experience in the mineral and exploration industry. He currently serves as CEO of Antler Gold Inc. (TSX.V: ANTL) – a gold exploration company, focused on the acquisition and exploration of gold projects in Namibia. He has previously served as the Kenyan Country Manager for Stockport Exploration overseeing the operations for all aspects of its gold exploration and production activities throughout East Africa.

Prior to that Mr. Drysdale worked as a Field Exploration Geologist for Remote Exploration Services (Pty) Ltd., a geological consulting firm based out of South Africa servicing all aspects of the mineral industry. Mr. Drysdale has a progressive and diverse background with extensive work experience in Namibia and has been involved in various mineral projects throughout Africa.

Ken Marshall

Ken Marshall has extensive experience in the Information Technology and Telecommunications Sectors, having served in various positions at Rogers Communications throughout his career.  Mr. Marshall was the Senior VP, National Residential Marketing (Toronto) where he led the Wireline Marketing Group in the launch of the Ignite platform, and also served as the Regional President (Atlantic Region) and the Vice President – Enterprise Business Unit.

Mr. Marshall has spent his post telecom time working with emerging start-up organizations, and serves on the Boards of Genesis, Newfoundland and Labrador’s primary innovation hub and incubator; Celtx, an online platform for film, video and game production; eXeBlock Technology Corporation focusing on opportunities in digital identity and authentication; and Metricsflow, a B2B platform to significantly enhance website attribution.

John Philpott

John Philpott is the Founder and CEO of CanAm Physician Recruiting Inc. CanAm has been the leading physician recruitment and placement company in the Canadian and international markets for more than two decades. Mr. Philpott led the executing team through a successful public listing for Canabo (TSX.V: CMC). In 2018 John managed the merger of Canabo with Aleafia Health Inc., (TSX.V: ALEF) in a transaction valued at $40 million resulting in a combined operation with a market cap over $200 million at the close of the merger. A skilled negotiator, in less than two years John scaled the company from 1 Toronto clinic with 2 part time physicians to 24 clinics across Canada.  As CEO of CanAm Physician Recruiting Inc. John consults with physicians, hospital administrators, government officials, and private clinic owners.

Chris Drysdale

Mr. Drysdale is an experienced professional with international experience in the mineral and exploration industry. He currently serves as Vice President, Operations and Corporate Development for Antler Gold Inc. (TSX.V: ANTL)—a gold exploration company, focused on the acquisition and exploration of gold projects in Namibia. He has previously served as the Kenyan Country Manager for Stockport Exploration overseeing the operations for all aspects of its gold exploration and production activities throughout East Africa.

Prior to that Mr. Drysdale worked as a Field Exploration Geologist for Remote Exploration Services (Pty) Ltd., a geological consulting firm based out of South Africa servicing all aspects of the mineral industry. Mr. Drysdale has a progressive and diverse background with extensive work experience in Namibia and has been involved in various mineral projects throughout Africa.

Edward Loye

Ed has worked on the characterisation of REE deposits for 8 years, notably in Namibia and as a member of staff at Camborne School of Mines, University of Exeter, UK. Ed has developed an extensive network across the REE supply chain and played a key role in securing £2.7 million in 2014 from the UK Government for REE research within the SoS RARE Programme.

Ed managed the academic and industrial collaborators across this international consortium of REE experts. In 2015, he co-founded E-Tech Metals to pursue and strategize the geological delineation and perspectivity of the Eureka Project in Namibia. Ed has since instigated metallurgical test work and managed the drilling and trenching campaigns on site.

Field Team

Erastus Iiyambo - Geologist (1)

Erastus Iiyambo

Geologist

Erastus holds a Bachelor of Science Degree (Honours) in geology from the University of Namibia. He has been employed with E-Tech since 2021 and has previously worked as a geologist for the Namibia state owned mining company Epangelo and as a consultant for The Federal Institute for Geosciences and
Natural Resources (BGR) in Namibia. His main professional interests focus on the application of remote sensing in exploration and interpreting the data for target generation. His key motivation is to identify and evaluate commercially viable mineral deposits. He is dedicated to the responsible development of
Namibia’s mineral resources in a sustainable manner.

Sensikus Angula - Geologist (2)

Sensikus Angula

Geologist

Sensikus is one of E-Tech’s experienced Geologists who holds a Bc in Chemistry and Geochemistry (Honours). He is a chemistry major minoring in geology and academically he has an organic, inorganic, and analytical chemistry background which is an advantage to further understand the chemical geological makeup of a deposit. He was employed by E-Tech Resources in 2021 and has diligently taken charge of data management and processing as well as preparation, and execution of all on-ground operations and logistical requirements. His skills, knowledge and commitment make him an asset to E-Tech Resources.

Dennis Bille - Senior Geologist (1)

Dennis Bille

Senior Geologist

Dennis Bille is a seasoned geologist with a over two decades of field experience. Holding a Bc degree with a major in Geology and Geography from the University of Namibia, and a Diploma in Mechanics from Mombasa Polytechnic in Kenya, he has proficiency in greenfield and brownfield exploration, project management, drilling supervision, and QA/QC procedures. Across Namibia, Botswana, and Tanzania, Mr. Bille has applied his expertise in geological mapping, lithological logging, and environmental compliance. His projects, including Rare Earth Element exploration, Water, Uranium, Iron ore (Magnetite), Graphite, Gold, Diamonds (Inshore-Kimberlite to Offshore), Nickel, Copper, and Platinum Group Element-rich
sulfide ore bodies projects, and Lithium ventures. Mr. Bille’s leadership and passion make him an invaluable asset.

Tuwilika Nghipalendjila - Junior Geologist (1)

Tuwilika Nghipalendjila

Junior Geologist

Tuwilika graduated with a Bachelor of Chemistry (Geochemist) and is driven by her strong passion for geology. Her knowledge and skills have positioned her as a valuable asset to E-Tech Resources her primary responsibility involves conducting XRF analysis on soil samples.

Tuwilika’s academic background is rooted in geochemistry, a field that delves into the chemical composition of the Earth, rocks, and minerals. Her coursework included modules in geology and chemistry, covering subjects such as Introduction to Geochemistry, Field Geology, Geochemical Analysis, and Introduction to Petrology. She finds rare earth metals particularly exciting due to their concealed properties, such as their invaluable electrical properties that make them highly suitable for batteries.

Governance