Appointment of Directors

16 December 2016

TETHYAN RESOURCES PLC

(the "Company" or "Tethyan")

APPOINTMENT OF DIRECTORS

Further to the announcement of 21 November, the board of Tethyan Resources PLC (the "Board") is pleased to announce that it has appointed John Proust and Michael Andrews as non-executive directors of the Company, as representatives of Southern Arc Minerals Inc, with immediate effect. Further details on Messrs Proust and Andrews are set out below.

Christopher Goss, Chairman of the Company, commented; "I am delighted to welcome John and Mike to the board of Tethyan; we are grateful for their support and that of Southern Arc to date, and we all very much look forward to working with them to further develop the Company and take its projects forward".

Mr. Proust is the founder and principal shareholder of numerous public and private companies. He has directed, managed and advised public and private companies regarding corporate strategy and structure, debt and equity financing, mergers and acquisitions, and corporate restructuring since 1986. Mr. Proust has held senior positions and served on the boards of many private and TSX-V/CSE listed companies. He is currently Chairman and CEO of Japan Gold Corp., Chairman and CEO of Southern Arc Minerals Inc., Chairman of Canada Energy Partners Inc., Interim President & CEO and a director of Outrider Energy Corp., and a director of Q Investments Ltd. Mr. Proust received the designation of Chartered Director (C.Dir.) from McMaster University, Directors College, Michael G. DeGroote School of Business.

Mike Andrews is a geologist with more than 35 years of research and mining industry experience in gold, copper, coal and iron exploration. He holds an honours degree in Geology from the University of Reading, and a doctorate in exploration geochemistry from the University of Wales. Dr. Andrews is currently President and Chief Operating Officer of Southern Arc Minerals, President and Chief Operating of Japan Gold, and a Director of Q Investments. He played an instrumental role in the discovery, exploration, feasibility and development of the Way Linggo Gold Mine in Indonesia. Dr. Andrews also held the positions of executive director and chief geologist of AuIron Energy Ltd., Director of Gold Operations for Meekatharra Minerals Ltd., and managed the Teck-MM Gold Indonesian Joint Venture, an exploration portfolio of thirteen gold and copper projects in Indonesia. He also held senior exploration positions with Ashton Mining Ltd, Aurora Gold Ltd and Muswellbrook Energy and Minerals Ltd.

Michael John Andrews, age 62

John Graham Proust, age 57

Save as disclosed above, there are no other matters which are required to be disclosed with regard to the appointment of either John Proust or Michael Andrews in accordance with Rule 17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies.

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About Tethyan

Tethyan is an AIM quoted junior exploration company exploring for copper and gold within the Tethyan mineral belt. Tethyan has an experienced Board and technical team. Currently Tethyan holds several licences in Serbia and is looking for other copper and gold projects in Eastern Europe, specifically Serbia and Bulgaria.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.