Microsoft Word - 140905 Appointment of Non Executive Director - FINAL.docx ASX ANNOUNCEMENT

5 September 2014

Appointment of Independent Non-Executive Director and Board Composition Update

Digital CC Limited (trading as digitalBTC) (ASX: DCC) (the "Company" or "digitalBTC") is pleased to announce the appointment of Mr Brett Mitchell as an Independent Non-Executive Director effective immediately.
Mr Mitchell is a corporate finance executive with over 20 years of experience in the finance and resources industries, and has been involved in the founding, financing and management of both private and publicly-listed resource companies. He is a partner in Verona Capital Pty Ltd, a private venture capital and project generation business, and is currently a director of ASX listed companies Erin Resources Ltd, Tamaska Oil and Gas Ltd and Citation Resources Ltd.
Mr Mitchell holds a Bachelor of Economics from the University of Western Australia and is a member of the Australian Institute of Company Directors (AICD) and will be involved with the corporate strategy of the business in his new role as a Director.
digitalBTC Executive Chairman, Zhenya Tsvetnenko, said that the appointment of Mr Mitchell brings further commercial and corporate governance expertise to the company as it moves towards building a balanced board for the long term.
"Brett's strong commercial and financial background, particularly with experience in management of ASX listed companies, will serve us well as digitalBTC continues to grow and mature into a larger listed company. We are continuing to look to improve the mix of skillsets, relevant experience and independence amongst the members of the Board and Brett joining is an important part of that process," said Mr Tsvetnenko.
Current Board members Mr Emmanuel Abiodun and Mr Brett Lawrence have advised the Company of their intention to retire effective today. Both directors played a key role in the formation of digitalBTC and have now indicated a desire to pursue other personal endeavours. Mr Lawrence is the former Managing Director of Macro Energy, the listed vehicle involved in the digitalBTC reverse takeover transaction.
"With our preliminary final report released to the market, and the company now performing exceptionally well, digitalBTC is in sound shape and continuing to grow. Both Brett and Emmanuel have played immensely important roles in the formative stages of our Company. They will be missed as they now pursue other endeavours," said Mr Tsvetnenko.
-ENDS-

For further information, please contact: digitalBTC


Zhenya Tsvetnenko Executive Chairman Tel: +61 8 9473 2525
Alex Karis
CEO
Tel: +1 (646) 374-1818 (x) 1010

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Shane Murphy, FTI Consulting
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