Troy Resources : Appointment of Independent Non-Executive Director

29 July 2016

Troy Resources Limited (ASX: TRY) is pleased to advise that Mr David Southam has agreed to join the Board as an Independent Non-Executive Director of the Company with effect from 29 July 2016.

Mr Southam is a Certified Practicing Accountant with over 20 years' experience primarily in the resources sector across accounting, banking and finance. He is currently an Executive Director of ASX listed Western Areas Limited where his role encompasses financial and capital management, corporate development and operational activities.

Mr Southam has previously acted as a Non-Executive Director of Sundance Resources Limited and prior to his appointment with Western Areas in 2010, held Chief Financial Officer and executive management roles in both mining and industrials companies including Gindalbie Metals Limited, Brambles Industries Limited, Australian Railroad Group, ANZ Investment Bank and WMC Resources Limited.

Mr Southam will also join both the Audit and Remuneration Committees and, following completion of the FY2016 audit, Mr Southam will replace Mr Grimwade as Chair of the Audit Committee.

Troy Chairman Mr Fred Grimwade welcomed Mr Southam's appointment saying that he would bring a broad range of complementary skills and experience to the Board at an opportune time.

"Troy will benefit from David's track record of experience in international jurisdictions, the mining industry, including gold, as well as his financing, mergers and acquisitions and stakeholder management expertise."

ENDS

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