CALGARY, Canada – TheNewswire - April 3, 2023 - Pambili Natural Resources Corporation ("Pambili" or the "Corporation") (TSXV:PNN) is pleased to announce that it has appointed Mr. Stephen Smith (“Steve”) as a technical consultant to the Corporation.

In a career spanning some thirty-eight years, Steve has been involved in all aspects of the discovery and exploitation of economic mineral deposits including grassroots exploration, definition drilling through to feasibility, underground mining/quarrying and even mine closure environmental rehabilitation.

After many years’ experience in running exploration and development projects for Anglo-American Corporation in South Africa and Tanzania, Steve started working for junior mining companies with assets in Namibia and Zimbabwe. Having decided to focus on Zimbabwe, Steve has spent the past fifteen years working on and assessing mineral deposits in that country. Initially appointed as Assistant VP Exploration for Clarity Capital, for the past ten years Steve has worked as an independent consultant focused on developing gold projects in Zimbabwe.

Pambili CEO Jon Harris commented: “We are delighted that a geologist with Steve’s experience has agreed to join the team. Steve has detailed knowledge of more Zimbabwe gold mines than anyone else I know, and his engagement is critical to our being able to expand Pambili’s footprint in Zimbabwe. Furthermore, Steve has an enviable pipeline of projects of his own, any one of which could add significant value to Pambili, and we look forward to working closely with Steve to develop one or more of these opportunities.”

Stephen Smith said: “I would not have spent as much time in Zimbabwe as I have done if I did not believe in the mineral potential of the country. It is great that Pambili shares that belief and has committed itself to Zimbabwe—opportunities abound, and they all need the development capital that Pambili can bring to fulfill their potential.”

About Pambili Natural Resources Corporation: Pambili is a natural resources exploration and development company (www.pambilinrc.com) currently active in Zimbabwe and in Alberta.

For further information, contact:

Pambili Natural Resources Corporation

Jon Harris (CEO)

T: +1 (403) 277 4421

E: jon.harris@pambilinrc.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Information Forward-looking statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often, but not always, identified by words such as “believes”, “may”, “likely”, “plans”, or similar words. Forward- looking statements included in this news release include statements with respect to activities in Zimbabwe. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Corporation, including, but not limited to the impact of general economic conditions, industry conditions, currency fluctuations, and dependence upon regulatory approvals. The Corporation does not assume any obligation to update the forward-looking statements to reflect changes in assumptions or circumstances other than as required by applicable law.

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